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 […]
Recent Blog Posts
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 […]
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 […]
Friday’s need-to-know money news
Today’s top story: Why you need a midyear budget check-in. Also in the news: Betterment hikes APY to 2.69% and adds checking and savings accounts, upgrading from your broker, and why you should always pay for a rental car with a credit card. Why You Need a Midyear Budget Check-In Prepare for the holidays and […]
Thursday’s need-to-know money news
Today’s top story: Is your wealth dripping away? Also in the news: How to navigate the Equifax data breach settlement, getting real about checking your finances, and looking for “relationship pricing” when you need a loan. Is Your Wealth Dripping Away? Draining your wallet, one drop at a time. How to Navigate the Equifax Data […]
Wednesday’s need-to-know money news
Today’s top story: Keeping Solo Agers happier and safer. Also in the news: A simple recipe for managing your credit score, how to choose between using your savings or getting a loan when hit with an unexpected expense, and how a few minutes on the phone could save you hundreds on auto insurance. Keeping ‘Solo […]