This week’s top story: How to get into college without applying. In other news: Solar panels in Ohio, project 2025 calls for big changes to Medicare, Medicaid, and 5 ways to practice financial self-care. Direct Admissions: How to Get Into College Without Applying If your senior year of high school approaches, direct admissions can help you […]
Recent Blog Posts
Q&A: When landlords move in to an old rental, are tax breaks part of the deal?
Dear Liz: My husband and I bought a single-family home as a rental property in 1988. We paid $135,000. The tenants moved out in February and we are doing major upgrades now. If we moved into the property and sold it after two years, would the first $500,000 of gain be excluded from income tax? The […]
Q&A: An inheritance sounds great, but what will it mean for my free meds?
Dear Liz: I live on Social Security alone, which puts me at the poverty level. The state pays for medical and dental premiums, so I have no copay for doctor visits or prescriptions. I was just notified that I was left $175,000. If this shows up in my bank account, I will lose all the medical […]
Q&A: Co-owned credit cards are great … if you can find them.
Dear Liz: Recently you recommended that both spouses have a credit card on which they are the primary account holder. Another option is for the spouse to apply to be a co-owner of their current credit cards. This worked for me when my husband passed away five years ago. The bank canceled his access, but left […]
This week’s money news
This week’s top story: Small-business lenders share an inside look at the loan process. In other news: What to know before you enroll when you are considering college at 25+, SAVE lawsuits, and weekly mortgage rates sink to 4-month low. Small-Business Lenders Share an Inside Look at the Loan Process Two experienced small-business lending professionals shed […]
Q&A: Til death do your credit part?
Dear Liz: My wife and I have credit cards where I am designated as the primary account holder. What happens to my wife’s access to the account should I pass? Should she now apply for credit cards where she is the primary holder? Answer: Credit card companies typically close accounts when they learn of the primary cardholder’s […]