Dear Liz: My wife and I aggressively paid down our mortgage and now have it paid off, but we don’t have much saved for retirement. I make about $90,000 a year and will receive a teacher’s pension that will replace between 30% and 60% of that (depending on what option we choose) when I retire […]
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Q&A: When credit scores are fine
Dear Liz: I was once told that the reason my credit score wasn’t higher was an insufficient credit history. Now I am doing what you have recommended by charging a monthly security alarm service to one credit card, a weekly church donation to another and satellite TV to a third. All are paid off each […]
Friday’s need-to-know money news
Today’s top story: How to handle debt in an unequal recovery. Also in the news: 6 ways to save at the pump, worrying about the right thing with estate taxes, and 4 in 10 Americans are struggling financially one year after the pandemic began. How to Handle Debt in an Unequal Recovery Navigating the K-shaped […]
Thursday’s need-to-know money news
Today’s top story: Worrying about the right thing with estate taxes. Also in the news: 3 ways to get socially distanced tax prep this year, 5 sneaky things COVID-19 might do to your tax bill, and new rules for self-employed and gig workers applying for PPP loans. Worry About the Right Thing With Estate Taxes […]
Wednesday’s need-to-know money news
Today’s top story: Unwelcome income tax surprises may await those with debt. Also in the news: Knowing what’s in your EFT, 10 factors affecting COVID era travel in 2021, and why home buyers shouldn’t skip the inspection. Unwelcome Tax Surprises May Await Those With Debt Americans carrying debt can also end up owing more taxes […]
Tuesday’s need-to-know money news
Today’s top story: What free college might actually look like. Also in the news: How to get rid of credit card debt by opening another card, how to fix credit report errors, and how to figure out the size of your next stimulus check. What Free College Might Actually Look Like Separating fact from fiction. […]