Q&A: ‘Stay at home’ credit card isn’t foolproof

Dear Liz: Regarding updating automatic payments when a credit card is replaced, I have found that using a separate credit card that never leaves home for automatic payments is a good idea. It’s very unlikely that this “stay at home” card would get hacked like a card I use in stores or ATMs. Does this […]

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Q&A: Financial help for seniors

Dear Liz: In your response to the person whose friend was erroneously declared deceased by the Social Security Administration, you suggest that the older person consider finding help in managing her finances. Please recommend checking the American Assn. of Daily Money Managers for such help. I have a certification from this professional organization and we […]

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Q&A: Fixing your credit scores after a bankruptcy

Dear Liz: How do you repair credit scores after filing for bankruptcy? My husband and I are in this situation and are looking to reestablish credit and increase our credit scores. Also, how long do closed accounts appear on the credit report? Answer: Filing for bankruptcy may have actually helped your scores. Researchers at the […]

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Friday’s need-to-know money news

Today’s top story: Careers that can help you conquer your student debt faster. Also in the news: What a good credit card company will offer people with bad credit, how to pay for bankruptcy when you’re broke, and five apps that automate your money. Some Careers Can Help You Conquer Student Debt Faster Kissing your […]

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Thursday’s need-to-know money news

Today’s top story: Why you shouldn’t be spooked by student loans. Also in the news: A judge approves a $14.7 billion dollar settlement in the VW Diesel scandal, the new low down on low down payment mortgage programs, and how personal finance chatbots could help you control your spending. Why You Shouldn’t Be Spooked by […]

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Wednesday’s need-to-know money news

Today’s top story: A 3-step plan for new grads with student debt. Also in the news: Answers to money questions from college students, student loan mythbusting, and how to cut the costs of raising a baby. A 3-Step Plan for New Grads With Student Debt Congratulations! Now, pay up. Money Talk: How to Go From […]

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Tuesday’s need-to-know money news

Today’s top story: Why you should validate a debt before paying a collector. Also in the news: How to choose a Medicare Advantage plan, how and when to report tips for tax purposes, and how people survived their financial nightmares. Validate Debt Before Paying a Collector, Avoid Costly Errors Make sure the debt is legitimate. […]

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A president can’t fix your finances

Presidential candidates always promise economic improvements that are beyond their power to deliver. Any measures that actually could create more jobs, raise wages or lower tax burdens require the cooperation of Congress or business cycles or both. Even if a president could lead us to the promised land of rising incomes and wealth, we wouldn’t […]

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Monday’s need-to-know money news

Today’s top story: Why Halloween is the number 1 day for free candy and property damage. Also in the news: Retirement planning, reverse mortgages, and jobs to consider if you’re looking for a pay increase. Halloween Is No. 1 Day for Free Candy — and Property Crime Protecting yourself while still having fun. Your retirement […]

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Q&A: How to pursue money owed to heirs

Dear Liz: My stepmother passed away in December 2006, and her executor, who was her financial planner, distributed the estate according to her trust. A while after this, I discovered that she had a life insurance policy that hadn’t been addressed. The executor pursued this and found that $80,000 was due to the three primary […]

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