Ask Liz Weston

Get smart with your money

Recent Blog Posts

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Don’t be duped by these phone and email scams

Some of us in the personal finance realm have a weird little hobby: We try to scam the scam artists. We’re not out to steal their money — just their time. When fraudsters call to say we’re about to be arrested for tax debt, our Social Security number has been “suspended,” or a loved one […]

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Monday’s need-to-know money news

Today’s top story: Is your debt good or bad? Also in the news: How to get a copy of your tax returns or an IRS transcript, why you might not get $125 in Equifax settlement money, and 13 tips for throwing a budget-friendly kid’s birthday party. Is Your Debt ‘Good’ or ‘Bad’? It Depends How […]

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Q&A: How asking for a credit limit increase can help your credit score

Dear Liz: Does requesting a credit limit increase on a credit card affect your credit score in any way? Answer: Such a request can result in a hard inquiry on your credit reports, which can slightly ding your scores. If you get the increase, though, that usually has a positive effect on your scores. Credit […]

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Q&A: Keeping a bequest from doing harm

Dear Liz: I am leaving a good friend a bequest in my will. He receives government benefits, including disability, Supplemental Security Income and Medi-Cal (California’s version of Medicaid). I am beginning to be concerned that if he inherits the money, it could mess him up more than help him. Is there a way to leave […]

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Q&A: Sorting out the ex’s benefits

Dear Liz: I am 68 and plan to delay starting Social Security until I’m 70. I was married for 15 years prior to an amicable divorce 15 years ago. My ex just turned 60 and remains unmarried but may possibly marry at some future time. Does she qualify for survivor benefits? If so, what can […]