Monday’s need-to-know money news

Today’s top story: 6 types of conventional loans all home buyers should know. Also in the news: How your credit score can save you money, why you need to verify your Equifax settlement claim, and why you need to be careful when deciding to claim Social Security based on break-even calculations. 6 Types of Conventional […]

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Q&A: Avoid this big mistake when paying off debt

Dear Liz: I am 49, single, with no kids. Until about three years ago, I wasn’t even sure how much credit card debt I had. I had less than $200 in savings and I was just plugging along making minimum payments. It turns out I had over $14,000 in credit card debt and $12,000 in student […]

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Q&A: Redirecting a 529 college savings plan

Dear Liz: Years ago when my children were young, we established 529 college savings plans for them. Unfortunately, both children ended up in the wrong crowds and never entered college. We still have the funds. What are our options? We do have a grandson now; would it be possible to change the beneficiary? Answer: Yes. […]

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Q&A: Signing up for Medicare

Dear Liz: Is it mandatory to sign up for Medicare at age 65, and how is it paid for? I’m 64, don’t have any assets and I’m not working (I’m living with a friend for free). I’d like to wait until 70 to collect Social Security. Is that possible? Someone just told me that I […]

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Friday’s need-to-know money news

Today’s top story: Taking a “micro trip” before the holidays. Also in the news: Money summits for couples, the best and worst US cities for retirement, and the top 10 most regrettable mistakes retirees made in the 20s. Need a Break Before the Holiday Break? Consider a ‘Micro Trip’ A little relaxation before the holiday […]

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Thursday’s need-to-know money news

Today’s top story: How to travel last minute and still get a good deal. Also in the news: Streaming services are the hot new credit card rewards, how college students can make the most of their summer earnings, and how retail credit cards are squeezing the financially vulnerable. How to Travel Last Minute and Still […]

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Wednesday’s need-to-know money news

Today’s top story: Why your credit score isn’t the only gage of financial health. Also in the news: Car buying tips from an undercover salesman, 8 things that won’t hurt your credit, and how to control what could take a big bite out of your retirement nest egg. Your Credit Score Isn’t the Only Gauge […]

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Tuesday’s need-to-know money news

Today’s top story: What to do if Hurricane Dorian hits your home and mortgage. Also in the news: How to fall in love with your car again without breaking the bank, drink up savings at Starbucks, and why you should add cash to your car’s emergency kit. What to Do If Hurricane Dorian Hits Your […]

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Q&A: Social Security spousal benefits

Dear Liz: I’m confused by Social Security benefits for divorced spouses, which you’ve written about recently. I was told that because I remarried (after age 60), I have to wait until my ex-husband died before receiving a part of his benefits. Is this still true for remarried ex-spouses? My ex does collect Social Security and […]

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Q&A: Unloading a timeshare

Dear Liz: How can a timeshare owner get rid of the timeshare and claim the loss on taxes? Answer: Timeshares typically are considered a personal asset, like a boat or a car, so the losses aren’t deductible. The best way out of a timeshare is often to give it back to the developer, if the […]

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