Today’s top story: How young investors can prepare for the next recession. Also in the news: A new episode of SmartMoney podcast on family holiday travel, how to break free from your parents’ money patterns, and should you trust online shopping apps like Honey? Is a Recession Coming? How Young Investors Can Prepare Safeguarding your […]
Recent Blog Posts
Q&A: Direct tuition payment pros, cons
Dear Liz: You recently answered a question from someone whose parents misused trust funds intended for their child’s education. I chose to pay the colleges directly each semester once my grandchildren enrolled rather than give money to the parents. I decided that was the only way I could be assured the money went for what […]
Q&A: Don’t fall for these common Social Security misconceptions
Dear Liz: I decided to start taking Social Security benefits this summer when I turned 62. My monthly benefit is $1,809. My wife turned 62 at the end of last year and started her benefit of $841 a month. I just accepted an unexpected job offer that will pay me more than $130,000 a year. […]
Tuesday’s need-to-know money news
Today’s top story: Amazon card emails were a mistake, not a hack, says issuer. Also in the news: 5 ways you’re shopping Cyber Monday all wrong, the next 4 weeks will deliver major discounts, and why you should warn your parents about gold and silver coin scams. Amazon Card Emails Were a Mistake, Not a […]
Is it time to switch your college savings plan?
College savings plans are a great way to save for education. But not all college savings plans are great. Most state-sponsored 529 college savings plans, which allow you to invest in a tax-advantaged account for future education costs, have improved significantly in recent years, says Madeline Hume, analyst for multi-asset and alternative strategies at investment […]
Monday’s need-to-know money news
Today’s top story: Wipe out credit card debt by setting SMART goals. Also in the news: What the Schwab-TD Ameritrade deal could mean for you, 5 financial tasks you should tackle by year-end, and how to get back on track after an early retirement withdrawal. Wipe Out Credit Card Debt by Setting SMART Goals Tackling […]