Today’s top story: Student loan pause is extended. Also in the news: A new episode of the Smart Money podcast on what our listeners accomplished this year, 6 Instagram tips for small-business owners, and for young adults, building credit starts now. Student Loan Pause is Extended Payments will resume May 2nd. Smart Money Podcast: What […]
Recent Blog Posts
Q&A: Safe deposit box shortcomings
Dear Liz: You recently advised against keeping one’s will in the bank safe deposit box. That was on the grounds that upon death, the bank could seal the box. My daughter is named on my box (she is also named as executrix) — that is, the bank ran her through several hoops, and the result […]
Q&A: Storing will and trust documents
Dear Liz: You recently advised a person to leave their original will or trust with their attorney. As a practicing attorney, I cannot tell you how many times original wills and trusts have been lost as the attorney that prepared the documents retired or died before the client. There are requirements to inform clients of […]
Q&A: Why home equity loans are a better option than credit cards
Dear Liz: My husband is 68, I am 70, both of us are retired and on Social Security. We have little in savings. My husband wants to charge $10,000 to a low-interest credit card to pay for a new furnace and water heater. He plans to pay the minimum each month and at the end […]
Why a 401(k)-to-IRA rollover could be a mistake
If you leave a job or retire, you’re often encouraged to roll over your 401(k) or other workplace retirement account into an individual retirement account. That might not be the right move. In my latest for the Associated Press, why having more investment choices isn’t necessarily better.
Monday’s need-to-know money news
Today’s top story: What to do when your holiday gifts haven’t arrived. Also in the news: A new episode of the Smart Money podcast on financial accomplishments, how pet insurance can keep costs in check, and the benefits of an unpaid internship. Your Holiday Gifts Still Haven’t Arrived. Now What? Remain calm. Smart Money Podcast: […]