At some point, you’ll buy your last car and refinance your last mortgage. Surely then you can stop worrying about your credit scores. Well, not really, although there are situations when credit scores shouldn’t be anyone’s main concern. In my latest for the Associated Press, why credit scores still matter, even when you don’t plan […]
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Monday’s need-to-know money news
Today’s top story: Don’t make these big life insurance blunders. Also in the news: Bail on your big bank for better savings returns, Macy’s Black Friday ad, and a new banking scam to watch out for. Don’t Make These Big Life Insurance Blunders Common mistakes financial planners see. For Better Savings Returns, Bail on Your […]
Q&A: Don’t believe this credit score myth
Dear Liz: Is it true that no credit is as bad as bad credit? I recently paid off my house and have no car loans. I use four credit cards every month, including one for automatic monthly bills. All are paid in full as soon as I get the bills. So practically speaking, I have […]
Q&A: The value of a special needs trust
Dear Liz: You recently answered an inquiry from a lady who was furious about the lack of estate planning provided by her brother-in-law for his disabled daughter. As the father of a special needs child, I read the synopsis hoping that a special needs trust was created and maybe was just not known by the […]
Q&A: Providing for a disabled child
Dear Liz: The letter about the disabled daughter was horrifying, but the father isn’t the only villain here. Surely the mother knew what kind of man she married. Shouldn’t she have made provisions for her daughter in her own estate plans? Answer: Ideally, yes. No parent should assume a spouse will “do the right thing” […]
Friday’s need-to-know money news
Today’s top story: With mobile payments, you can go without a wallet at checkout. Also in the news: Managing your credit card debt plan with a paycheck, cheap and easy dinner ideas from frugal nerds, and the new 401(k) and IRA contribution limits for 2019. With Mobile Pay, You Can Go Without a Wallet at […]