Q&A: Co-signing student loans

Dear Liz: I have two kids heading to college. Both need co-signers for their student loans. Will me co-signing have a negative effect on my credit? The kids have no choice. I’m middle class, having made enough to get myself by as a divorcee, but there’s no college savings. To make matters worse, I make […]

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Q&A: IRS Electronic Payment System

Dear Liz: I was intrigued by your answer to the question about paying taxes through the IRS Electronic Tax Payment System. I went to the website you mentioned (www.irs.gov/payments) and found that there was a fee. You didn’t point this out, and I think it is relevant. My quarterly estimated payment would be $1,726 and […]

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Friday’s need-to-know money news

Today’s top story: How to simplify your financial life. Also in the news: Credit card fees you shouldn’t have to pay, the hidden costs of starting your own business, and the amazing credit card features you’ve always wanted. 8 Easy Ways to Simplify Your Financial Life Sifting through the clutter. 6 outrageous credit card fees […]

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6 estate planning tips even broke people need to take

No one really wants to sit around thinking about what will happen if they get seriously sick or so incapacitated they can’t make sound financial decisions — let alone contemplate the actual D word. But that doesn’t mean you can forget about estate planning altogether. It won’t just go away if you ignore it, and […]

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Wednesday’s need-to-know money news

Today’s top story: How a secured credit card could help you build your credit. Also in the news: Generations X and Y race to prepare for retirement, how to handle your debt when you’ve lost your job, and an identity theft reveals how he empties your bank account. The Best Secured Credit Cards in America […]

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Tuesday’s need-to-know money news

Today’s top story: What happens if you get caught lying on your FAFSA? Also in the news: Why your financial life is a mess, which interest rate you should choose, and the credit score every small business owner should understand. What Happens If You Lie on Your FAFSA? Resist the temptation. Fixed or Variable: Which […]

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Q&A: Term life insurance

Dear Liz: My husband doesn’t qualify for term life insurance because he is overweight and pre-diabetic. Although he’s working on getting in shape, I’m afraid something might happen. I should add we have a 3-year-old daughter, and he is the main breadwinner. What would you suggest we do to ensure we are covered if something […]

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Q&A: File and suspend strategy for Social Security

Dear Liz: You recently wrote an interesting piece regarding the “file and suspend” strategy for Social Security benefits. I liked the possibility of getting a lump sum if I should need the money downstream. But when I checked with Social Security, I was told that the lump sum maximum was six months of suspended payments. […]

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Monday’s need-to-know money news

Today’s top story: How to choose the right 401K plan. Also in the news: Money losses you can’t claim on your taxes, the benefits of prepaying your mortgage, and how to survive living on a budget. Do You Have the Right 401K? Picking the plan that’s right for you. These Money Losses Won’t Help You […]

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Friday’s need-to-know money news

Today’s top story: The benefits to joining a credit union. Also in the news: When to sign up for a financial advisor, apps that will make next year’s taxes easier, and how to build your credit from the ground up. 6 Perks You Can Get at a Credit Union Free checking! When To Sign Up […]

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