Today’s top story: Unpacking the myths of investing in the stock market. Also in the news: A new episode of the Smart Money podcast on buying cryptocurrency and tackling debt, life insurance companies are becoming more marijuana-friendly, and asking for reconsideration after being denied a credit card. Unpacking the Myths of Investing in the Stock […]
Recent Blog Posts
How to make budgeting as painless as possible
Budgeting is a pain. But what’s more painful is a bill you can’t easily pay, debt that costs a fortune or not having enough money to retire. Fortunately, you can have a useful, working budget without watching every penny. Automation, technology and a few simple guidelines can keep you on track. In my latest for […]
Tuesday’s need-to-know money news
Today’s top story: Jump start your credit by developing two essential habits. Also in the news: Four questions to ask before buying homeowners insurance, how to handle vehicle repossession, and how much a DUI can cost you. Jump-Start Your Credit: Develop 2 Essential Habits These two habits matter most. Buying Homeowners Insurance? Ask These 4 […]
Monday’s need-to-know money news
Today’s top story: 4 financial experts who could steer you wrong. Also in the news: Treating investing like a subscription, 7 credit card perks to prioritize in 2021, and Disney cancels its annual Passport Program. 4 Financial ‘Experts’ Who Could Steer You Wrong Be cautious about taking advice from sources who care more about their […]
Q&A: Establish home’s value at spouse’s death
Dear Liz: I think you left one thing off your list of things to do when your spouse dies. If you’re a homeowner, establish the value of the house as of the date of death. The best way would be to have a local Realtor run some comparables for your neighborhood. But even a printout […]
Q&A: Future home sale affects Medicare
Dear Liz: I am 65 and have a very low income but will be selling my home of 25 years soon to downsize. How will the one-time capital gains affect my Medicare payments, which are currently at the minimum? Can I share with the Social Security office that this is a one-time event and that […]