Ask Liz Weston

Get smart with your money

Recent Blog Posts

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Q&A: Missing the paperwork on your IRAs? All is not lost

Dear Liz: I have four daughters, now in their late 30s and early 40s. When they were very young, I started investing for them. As they began to earn their own money, I started Roth IRAs for them as well. A decade ago, due to an unexpected divorce, a 30-day escrow and a move, I lost […]

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This week’s money news

This week’s top story: State and local minimum wage hikes kick in around U.S. In other news: July mortgage rates could follow house prices downward, corporations want you to rent, not own, and 7 states where will pump up gas taxes on July 1. State and Local Minimum Wage Hikes Kick In Around U.S. Minimum wage earners […]

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Q&A: A greedy friend eyes a suitcase of (suspected) drug money

Dear Liz: A person I know who is in his 80s and very wealthy recently described having a suitcase of old cash. The bills date from the time before the electronic strip was introduced. He said, “I don’t know what to do with this.” Long ago he sold marijuana. I immediately thought that this should pass […]

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Q&A: When using payment apps, confirm before hitting send

Dear Liz: You’ve recently written about Zelle and other payment apps. I had a neighbor pay an amount to the wrong phone number. Uh-oh. When I needed to pay someone recently, I asked them to request the amount using my phone number on Zelle. In this way, granting their request would assure that my payment would […]