Millennials’ aversion to credit cards can make it hard for them to build good credit scores. A recently announced scoring system, the UltraFICO, may someday help them and other consumers get loans and credit based on how they use their bank accounts. People who don’t overdraw and who keep a few hundred dollars in their […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: Free investments can come at a cost. Also in the news: How to not be your own worst enemy when investing, 5 things to cut your tax bill by December 31st, and how to increase your 401(k) or IRA contributions for 2019. Free Investments Can Come at a Cost Free doesn’t always […]
Q&A: A gift annuity needs more thought
Dear Liz: I am 93 and caretaker of my developmentally disabled daughter, who is 64. She’s in poor health and lives with me but is still able to be fairly independent. I am in good health and still able to drive and so forth. Being newly widowed, I would like to increase my monthly income. […]
Q&A: Watch out for scams when trying to dump a timeshare
Dear Liz: How do I get out of a timeshare contract? A few years back, we signed up for one that’s associated with a major hotel chain. Promises were implied but not kept. Since then, I continually receive notices from legal groups that say all laws favor the timeshare developer and that my kids will […]
Friday’s need-to-know money news
Today’s top story: Get to know your 401(k) plan. Also in the news: How one couple ditched debt, having the talk about college costs with your teen, and what to do if you’re affected by Marriott’s huge data breach. Get to Know Your 401(k) Plan Everything you need to know. How I Ditched Debt: ‘We […]
Thursday’s need-to-know money news
Today’s top story: 5 guidelines for happier holiday tipping. Also in the news: Money talk for young boys, how to save $500, and how to survive an insurance elimination period. 5 Guidelines for Happier Holiday Tipping Some guidelines that may help you decide whom to tip, and how. Dear Young Boys: Let’s Talk About Money […]