Wednesday’s need-to-know money news

The mystery behind credit scores, why buy a dress when you can rent one, and what turns Americans off about haggling. What Really Influences Your Credit Score? The creators of the VantageScore, a rival to the leading FICO, discuss the formula behind the numbers. Taking Control of Your Personal Debt While the math may be […]

Continue reading...

Tuesday’s need-to-know money news

Financial survival tips for before the wedding and after the marriage ends, freedom from credit card debt, and beating the retirement clock. Engaged? You Might Need Money Therapy Things you should know before you walk down the aisle. How Does Divorce Affect Bankruptcy and Mortgage Things you should know for when the walk down the […]

Continue reading...

“Mommy, are we rich?”

My recent MSN column, “One way money is a lot like sex,” has to do with the questions our kids sometimes ask–and how much discomfort we can feel about answering. I argue that we need to get comfortable talking about money with our children, because these are incredibly important teaching moments. Psychotherapist Thayer Willis, who’s […]

Continue reading...

Save or pay debt? Do both

Dear Liz: I am a 67-year-old college instructor who plans to teach full time for at least eight more years. Last year I began collecting spousal benefits based on my ex-husband’s Social Security earnings record. Those benefits give me an extra $1,250 each month above my regular income. I have been using the money to […]

Continue reading...

Estate taxes no longer a worry for most people

Dear Liz: My father passed away two years ago and my mother recently died as well. I will be getting about $50,000 from the sale of their house. Everyone tells me the tax on this will be very high, so I need advice about how not to give my parents’ money to the government. Their […]

Continue reading...

Monday’s need-to-know money news

How to survive your child’s summer vacation without emptying your wallet, protecting your tuition investments, and how to ensure your semester abroad doesn’t lead to financial disaster. Six Ways to Save Money on Summer Childcare Keeping your child busy this summer doesn’t have to mean breaking the bank. Why a Good Student Checking Account Matters […]

Continue reading...

Marketplace launches “Family Feud”

Actually, the new feature from public radio’s Marketplace Money is called “Financial Feud,” but it deals with some family arguments about money that may sound more than a little familiar. Such as: Should I quit work to stay home with the baby when day care eats up most of my pay? My husband is going […]

Continue reading...

Catch me on CNBC’s Closing Bell today

I’m scheduled to talk about mid-year financial moves you should be making now. It’ll be a short appearance somewhere around 4:20 p.m. Eastern. Also, this weekend, listen to Marketplace Money where I’ll be weighing in on a couple’s argument about whether she should quit her job to stay home with their child. Everybody’s conflicted on […]

Continue reading...

Student loan rates: facts amid the fictions

Student loan rates aren’t about to double, despite the headlines. Only rates for newly-issued, subsidized federal student loans are set to rise July 1 from 3.4% to 6.8% because Congress couldn’t get its act together to prevent the increase. Loans that have already been made won’t be affected. Neither will there be an impact on […]

Continue reading...

Friday’s need-to-know money news

The best place to rent a car for your summer road trip, six surprises that could ruin your retirement and how baby boomers can keep their identities safe both online and off. The Best Car Rental Agency in America Before you hit the road this summer, find out who has the best rental policies. Insider […]

Continue reading...