Dear Liz: My mother is very focused on her credit score, which is consistently excellent. I found out that she recently called her bank and asked it to lower her credit limit on one of her long-held credit cards from $32,000 to $5,000. She uses the card only to charge infrequent, small amounts and always […]
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Q&A: Dad didn’t trust banks. How to handle the hoard he left behind
Dear Liz: My father was eccentric and given to conspiracy theories. He didn’t trust banks or the stock market and invested the bulk of his money in gold coins and bars. We are talking millions of dollars at current gold prices. My parents set up a living trust, so when my mother dies, I am […]
Thursday’s need-to-know money news
Today’s top story: Should you save less for retirement? Also in the news: Can student loan forgiveness happen, a new congressional proposal would require IRA/401(k) withdrawals to start at 75, and how to spot fake reviews on Amazon. Should You Save Less For Retirement? An extremely early retirement goal may rob you of the joy […]
Wednesday’s need-to-know money news
Today’s top story: Google, Walgreens and H&R Block want to be your bank. Also in the news: 6 packing and planning tips for long-term travel, the imminent return of international travel, and Verizon’s new children’s money management app. Google, Walgreens and H&R Block Want to Be Your Bank Companies are working with partner banks to […]
Should you save less for retirement?
Gwen Merz was fresh out of college in 2014, working an information technology job she hated, when she decided early retirement was the answer. She socked away every dollar she could, saving as much as 70% of her income so that she could quit when she was 35. Now 30, Merz thinks she may have […]
Tuesday’s need-to-know money news
Today’s top story: 4 small-business innovations that will outlast the pandemic. Also in the news: Banking tools that can help boost savings while paying off debt, preparing for an intense wildfire season in the western United States, and the best kind of car to buy in this inflated market. 4 Small-Business Innovations That Will Outlast […]