Today’s top story: How to crush your holiday debt. Also in the news: A new episode of the Smart Money podcast on paying for Covid tests, needing booster shots before you travel, and small business trends that are here to stay. How to Crush Your Holiday Debt Here’s what you can do to take control […]
Recent Blog Posts
Q&A: When a lower credit score might not be cause for alarm
Dear Liz: I sold my house, paid off my mortgage and then got a new mortgage for another home in 2021. When I applied for the new mortgage, my credit score was 830. After buying the home, my score dropped to the low 700s. It’s gone up only 2 points in seven months. I have […]
Q&A: Where to park cash?
Dear Liz: I turned 72 in December and took my first required minimum distribution. With the goal of purchasing property next year, should I put the funds — $6,000 — in my Roth IRA or just put it in my bank savings account? Also, should I convert my traditional IRA to a Roth or just […]
Q&A: HELOC situation improves
Dear Liz: Your recommendation that a retired couple consider a home equity line of credit to pay for home repairs astonished me. According to news reports, HELOCs are becoming harder and harder to find. Banks that still offer them have gotten stricter. And to suggest a reverse mortgage for a couple who only need $10,000, […]
Friday’s need-to-know money news
Today’s top story: How to get more joy while giving to good causes. Also in the news: How a financial therapist can help shift your money mindset, a new episode of the Smart Money podcast on making your dream life, and 6 options for when you buy now and can’t pay later. How to Get […]
Wednesday’s need-to-know money news
Today’s top story: 5 things you can do to fortify your finances. Also in the news: How hotel elite status is shaping up in 2022, what airline elite status looks like in 2022, and where to get reimbursed for spoiled food after a power outage. Struggling? Here are 5 things you can do to fortify […]