Dear Liz: I am 49, single, with no kids. Until about three years ago, I wasn’t even sure how much credit card debt I had. I had less than $200 in savings and I was just plugging along making minimum payments. It turns out I had over $14,000 in credit card debt and $12,000 in student […]
Recent Blog Posts
Q&A: Redirecting a 529 college savings plan
Dear Liz: Years ago when my children were young, we established 529 college savings plans for them. Unfortunately, both children ended up in the wrong crowds and never entered college. We still have the funds. What are our options? We do have a grandson now; would it be possible to change the beneficiary? Answer: Yes. […]
Q&A: Signing up for Medicare
Dear Liz: Is it mandatory to sign up for Medicare at age 65, and how is it paid for? I’m 64, don’t have any assets and I’m not working (I’m living with a friend for free). I’d like to wait until 70 to collect Social Security. Is that possible? Someone just told me that I […]
Friday’s need-to-know money news
Today’s top story: Taking a “micro trip” before the holidays. Also in the news: Money summits for couples, the best and worst US cities for retirement, and the top 10 most regrettable mistakes retirees made in the 20s. Need a Break Before the Holiday Break? Consider a ‘Micro Trip’ A little relaxation before the holiday […]
Thursday’s need-to-know money news
Today’s top story: How to travel last minute and still get a good deal. Also in the news: Streaming services are the hot new credit card rewards, how college students can make the most of their summer earnings, and how retail credit cards are squeezing the financially vulnerable. How to Travel Last Minute and Still […]
Wednesday’s need-to-know money news
Today’s top story: Why your credit score isn’t the only gage of financial health. Also in the news: Car buying tips from an undercover salesman, 8 things that won’t hurt your credit, and how to control what could take a big bite out of your retirement nest egg. Your Credit Score Isn’t the Only Gauge […]