Dear Liz: I want to support about 10 charities and nonprofits but have a limited budget of $1,000. I’ve been dividing it among those charities, but would I have a bigger impact contributing the full amount to just one? Answer: Absolutely, for a number of reasons. Each charity spends a certain amount to process your […]
Recent Blog Posts
How to create a retirement ‘paycheck’
Your expenses don’t end when your paychecks do, but creating a reliable income stream in retirement can be tricky. The right choices can result in sustainable income for the rest of your life. The wrong choices could leave you uncomfortably short of cash. In fact, retirement includes so many important, potentially irreversible decisions that most […]
Q&A: Setting up nieces and nephews for success
Dear Liz: This is a little unorthodox, but I’m hoping you can help. I have six nieces and nephews from my various brothers and sisters. They range in age from babies to teenagers. When they get older, I want to be able to assist them with therapy sessions — not because I think their parents […]
Q&A: Social Security for a child
Dear Liz: I will be 65 next year and have an 8-year-old son. I have been told by various people that I can receive an extra Social Security allowance for him until he is 18. These same people also said it would reduce my benefit permanently. Is that correct? Answer: Yes, plus your benefit would […]
Friday’s need-to-know money news
Today’s top story: 6 empowering money moves to boost your financial confidence. Also in the news: Credit card fees likely to hit $40 in 2020, when everything will go on sale in 2020, and why saving for retirement is about to get easier. 6 Empowering Money Moves to Boost Your Financial Confidence A confidence boost […]
Thursday’s need-to-know money news
Today’s top story: How to make your money biases work for you. Also in the news: How to get airline perks without elite status, where people with the best – and worst – credit card habits live in the US, and spending down your FISA starts with the right payment card. How to Make Your […]