Get smart with your money
Today’s top story: The cheapest ways to fly to Hawaii using points and miles. Also in the news: 5 things to know about the Platinum Delta SkyMiles business credit cards, why you should use caution with buy-now, pay-later platforms, and see how the Democratic candidates tax plans would affect you. The Cheapest Ways to Fly […]
Continue reading...
Today’s top story: How to navigate the Yahoo data breach settlement. Also in the news: Identity theft and babies, getting grandparents on board with using reward credit cards, and a more realistic way to look at health care costs in retirement. How to Navigate the Yahoo Data Breach Settlement Here we go again. Has Your […]
Continue reading...
If you’re not familiar with SIM swap fraud, prepare to be terrified. This scam, also known as port-out or SIM splitting fraud, allows criminals to hijack your cell phone number. Once they have your number, the bad guys can clean out your financial accounts, confiscate your email, delete your data and take over your social […]
Continue reading...
Dear Liz: I felt your advice about using an inherited IRA to pay off a mortgage was spot on, but I would add one suggestion. The person could use their required minimum distribution (or a little extra) from the inherited IRA each year to pay down the principal on the mortgage. Then they could see […]
Continue reading...
Dear Liz: You recently answered a question about whether someone should use a Roth IRA to pay off a mortgage. In your answer, you mentioned the requirement to take minimum distributions from the account. One of the huge advantages of a Roth, besides tax-free distributions, is that there are no required minimum withdrawals. Did I […]
Continue reading...
Today’s top story: The silliness of using airline miles to go to Europe. Also in the news: Black Friday is now a season, students who don’t fill out FAFSA are missing out on their share of billions in financial aid, and why you should leave your high-yield savings account alone. The Silliness of Using Airline […]
Continue reading...
Today’s top story: Wake up to the truth about ‘dream schools.’ Also in the news: 4 things to stop doing online immediately, recognizing the signs of financial abuse, and why carrying a balance won’t boost your credit score. Wake Up to the Truth About ‘Dream Schools’ Thinking beyond the elites. Stop Doing These 4 Things […]
Continue reading...
Today’s top story: Understanding the differences between Medicare and Medicaid. Also in the news: How hungry college students can get help, Robinhood takes another shot at cash management accounts, and a new scam that asks for your bank PIN on the phone. Hunger on Campus: How College Students Can Get Help What Is the Difference […]
Continue reading...
The college admissions scandal — which recently led to a 14-day prison sentence for actress Felicity Huffman — exposed a group of wealthy parents’ obsession with getting their kids into the “right” school. Prosecutors say the families paid bribes, faked test results and pretended their kids were athletes to get them into selective colleges. Unfortunately, […]
Continue reading...