Q&A: Prioritizing your financial goals

Dear Liz: How do you prioritize financial goals on a small salary? I am 24 and a college graduate with about $40,000 in student loan debt. Because I work full-time at a nonprofit educational organization, about half of my loans qualify for the Public Service Loan Forgiveness program, so I currently only pay the monthly […]

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Friday’s need-to-know money news

Today’s top story: The dangerous trap of online payday loans. Also in the news: How to erase your credit card late fees, the best way to ask for a raise, and how to survive financially when needing time off from work. Consumers Warned About Pitfalls of Online Payday Loans An immediate solution can cause long […]

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News you can use for retirement

Reuters news service has posted its “Retirement Roadmap 2014,” a collection of good advice on topics that don’t get as much attention as they should. My favorite of the bunch is Beth Pinsker’s piece on choosing a rehab facility after surgery, either for yourself or a parent. It’s not a sexy topic, but if you’ve […]

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Thursday’s need-to-know money news

Today’s top story: How to boost your credit score by rearranging your debt. Also in the news: Why borrowing from your 401(k) is a bad idea, how long you need to keep your tax records, and you still have time to cut this year’s tax bill. Can Rearranging My Debt Boost My Credit Score? Playing […]

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Wednesday’s need-to-know money news

Today’s top story: How to help a family member buy a house. Also in the news: Personal finance mythbusting, easy ways for retirees to cut spending, and how to get good financial advice for free. The Right Way to Help a Family Member Buy a Home Making the process easier for both of you. Why […]

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Tuesday’s need-to-know money news

Today’s top story: The best money moves you can make for the end of the year. Also in the news: How to protect yourself from the next massive security flaw, hackers hit one of the country’s largest grocery store chains, and how to manage your finances when faced with cancer. The Next Massive Security Flaw […]

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Q&A: Saving loose change

Dear Liz: My husband recently told me that he has saved many coffee cans full of loose change over the years. When I suggested we might at least roll the change to make it easier to count should we ever need it, he was not interested! I understand he just wants it available in an […]

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Q&A: Widow’s Social Security benefits

Dear Liz: I’ve been reading your answers to Social Security questions, but they do not address my situation, which is extremely unconventional. I was a quasi-widow at 31 with three children under age 9. My husband was institutionalized because of an accident when he was 33. He died 23 years later, having outlived all his […]

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Q&A: Forgiving credit card debt

Dear Liz: Recently you wrote about debt being forgiven after seven years, but in your book “Deal With Your Debt,” I’m sure you said after four years credit-card debt is usually not collectible. Could you clarify? When I tell debt collectors about this, they merely laugh. Answer: That’s understandable, because there is no forgiveness for […]

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Monday’s need-to-know money news

Today’s top story: How to protect yourself from credit card breaches. Also in the news: The best ways to pay for college, how to avoid year-round tax scams, and what happens to your debt after you die. Shelter yourself from payment card breaches How to protect both your finances and your identity while shopping. The […]

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