Today’s top story: How I ditched debt: rebounding from bankruptcy. Also in the news: A new episode of the SmartMoney podcast on maximizing travel rewards, what the Coronavirus means for your home loan and mortgage rates, and what happens to your credit card if you move internationally. How I Ditched Debt: Rebounding From Bankruptcy How […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: How to make a student loan complaint that gets results. Also in the news: How to keep your spirits up in the long game of saving, how ex-offenders can rebuild with a bank account, and these airlines will let you change your flight for free because of Coronavirus. How to Make a […]
Q&A: When should retirees stop actively investing?
Dear Liz: I am retired. My income is from a small pension, Social Security and dividends and interest from investments. I’ve made some bad investments, but I’m still earning a satisfactory return. Is there some kind of formula that I can use to determine whether I should sell a stock, take the loss and seek […]
Q&A: Culture and parental advice
Dear Liz: You recently answered a question from a parent who wanted to know how to fix a financial issue in an adult child’s marriage. Your advice was basically to butt out. I think that may depend on culture. What if your advice saved your child’s marriage? What if it prevented your child from going […]
Q&A: Different approaches to marital finances
Dear Liz: Thank you for mentioning that many couples like to keep their finances entirely or mostly separate. Our solution was to create a joint bank account just for paying joint expenses, such as rent, food, entertainment together, vacations and so on. We each funded this account proportionately, based on our income (for example, the […]
Friday’s need-to-know money news
Today’s top story: Concerned about Coronoavirus? How to prepare your house, mind and bank account. Also in the news: 3 ways Millennials are getting money right, what to buy (and skip) in March, and 6 moves to make if you’ve saved more than $1,000 in your checking account. Concerned About Coronavirus? How to Prepare Your […]