Today’s top story: How college students can make the most of their summer earnings. Also in the news: 7 tips for becoming an ethical shopper, how store credit cards can leave you unprotected, and when it’s ok to leave a bad tip. College Students, Make the Most of Your Summer Earnings Taking care of Present […]
Recent Blog Posts
The 6 biggest retirement mistakes, and 1 defense
One of the biggest retirement mistakes you can make is not realizing what you don’t know. I regularly hear from people in or near retirement who misunderstand how Social Security works, dramatically underestimate life expectancies or fail to plan for big expenses, such as long-term care or taxes. These aren’t folks looking for advice. They’ve […]
Monday’s need-to-know money news
Today’s top story: Car buyers could save thousands with just an hour of research. Also in the news: Home affordability is boxing out Americans who dream of relocating, the 15 best and worst US cities for young families, and why you should plan now to deal with holiday credit card debt. Car Buyers Could Save […]
Q&A: Avoid this hidden risk to your retirement
Dear Liz: I have very low net worth and just inherited $500,000 from a cousin’s annuity. My net worth includes a $400,000 house with a $290,000 mortgage at 3.75%, IRA accounts of $65,000 and savings of $90,000. I also have a pension from which I receive $50,000 annually and from which our health insurance is […]
Q&A: Avoiding Medicare sign-up penalties
Dear Liz: Someone recently asked you if signing up for Medicare is mandatory. Your answer implied no, one does not have to sign up at 65. However, it is my understanding that if a person does not enroll when first eligible, they will be hit with large penalties on their Medicare premiums if they sign […]
Friday’s need-to-know money news
Today’s top story: Decode your credit card’s fine print like a pro. Also in the news: How to turn your upside-down car loan right-side up, a handy trick to help you save more for your next vacation, and what to do if your credit score drops. Decode Your Credit Card’s Fine Print Like a Pro […]