Today’s top story: Turn your next car purchase into a vacation. Also in the news: The new version of layaway, how soon you’ll recover from holiday spending, and why Travelex users need to lock down their financial information right now. Turn Your Next Car Purchase Into a Vacation The car you want might be cheaper […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: How to create a retirement ‘paycheck’. Also in the news: Handy money rules of thumb for a quick financial checkup, how one woman ditched nearly $60K of debt in less than a year, and the retirement savings blind spot you don’t realize you have. How to Create a Retirement ‘Paycheck’ Creating a […]
Monday’s need-to-know money news
Today’s top story: How to make room for fun in your 2020 budget. Also in the news: You may have to give more personal data to get a personal loan, how to focus on monthly tasks to hit 2020 money goals, and how scammers can use your old credit card numbers. How to Make Room […]
Q&A: This retiree got a big surprise: taxes
Dear Liz: I’m 76 and retired. During the decades I worked, I contributed to my IRA yearly using my tax refund or having money deducted from my paycheck. No one told me I would have to pay taxes on this when I turned 70. For the past six years, I have been required to withdraw […]
Q&A: Credit scores measure Dad’s accounts, too
Dear Liz: I recently added myself onto my 95-year-old father’s two credit card accounts as an authorized user. I am his agent under a power of attorney and handle his finances. I noticed that after being added to those accounts, my credit scores increased. When he passes on, I plan to close those accounts. Will […]
Q&A: When to claim a survivor benefit
Dear Liz: As a widower who just turned 60, what are the pros and cons of starting my survivor benefit now? My wife passed away at 55, after 20 years of marriage. My lifetime earnings are higher than hers. I am in good health and have not remarried (though I’m open to doing so). Finances […]