Dear Liz: I read with interest the letter from the person who was a tour guide and lost their job due to the virus. I kept reading, expecting you to suggest a reverse mortgage. Are these a bad idea? Answer: Not necessarily. The person in question owned the home with a sibling, and the sibling […]
Recent Blog Posts
Friday’s need-to-know money news
Today’s top story: Money moves to help you feel more in control. Also in the news: How to renegotiate your bills to save money, ways for renters to cope in the financial crisis, and how to protect yourself before your federal student loan servicer changes. Feeling Out of Control? These Money Moves Could Help Regain […]
Thursday’s need-to-know money news
Today’s top story: How to plan holiday travel for maximum flexibility in 2020. Also in the news: The best debt consolidation loans right now, how to work from home like a pro, and how to find homeowners insurance that won’t discriminate against your dog. How to Plan Holiday Travel for Maximum Flexibility in 2020 These […]
Wednesday’s need-to-know money news
Today’s top story: What a payroll tax deferral may mean for your paycheck and taxes. Also in the news: 4 ways to end your car lease early, what to do if losing your job means losing life insurance, and don’t skip these estate planning moves during the pandemic. What a Payroll Tax Deferral May Mean […]
Tuesday’s need-to-know money news
Today’s top story: What no student loan payments until 2021 means for you. Also in the news: How to get started if you’ve never had a bank account, how to get a personal loan in a COVID-19 economy, and how the new payroll tax deferral will affect you. What No Student Loan Payments Until 2021 […]
Feel out of control? These money moves can help
Behavioral economist Dan Ariely and his colleagues at Duke University’s Center for Advanced Hindsight have a pact. Every week, the group of 50 people picks one small business in Durham, North Carolina, and each person spends $100 there. A one-time $5,000 infusion wouldn’t make a difference to Amazon, Costco or any other large retailer, but […]