Monday’s need-to-know money news

Today’s top story: One third of Americans have nothing saved for their retirement. Also in the news: How to pick the right bank, preparing financially for having kids, and how to get the best money market rates. A third of people have nothing saved for retirement You really shouldn’t be one of them. How to […]

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Q&A: The effects of a property sale on Social Security

Dear Liz: I sold a rental property this year and will have a long-term capital gain of about $100,000. My normal income usually puts me in the 10% tax bracket and my Social Security is not taxed because my total income is under $25,000. I pay $104 per month for Medicare. Will the sale of […]

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Q&A: When elderly parents are in financial trouble

Dear Liz: My in-laws just informed us that they have gone through their retirement fund and soon won’t be able to pay their mortgage. They borrowed against the house they’ve lived in for 30 years and currently owe $325,000. They are devastated, so I am trying to figure out the best way for them to […]

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Friday’s need-to-know money news

Today’s top story: How to tell when credit card rewards are actually worth it. Also in the news: Big changes ahead for your 401(k), using your job hunting expenses as tax deductions, and how to determine if a charity is worth your hard earned money. 5 Times Credit Card Rewards Are Worth It When credit […]

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Thursday’s need-to-know money news

Today’s top story: Personal finance tips from big data companies. Also in the news: Why more seniors are being duped out of their money, the right amount to have in your emergency savings and ten ways to best spend $1000. Three Personal Finance Tips From Big Data Analyzing your spending habits. More Seniors Getting Swindled […]

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Wednesday’s need-to-know money news

Today’s top story: How to stop your budget from leaking money. Also in the news: How to help your kid buy a home, how medical bills could sabotage your retirement, and how to get a friend to finally pay back the money you let them borrow. How to Plug Leaks in Your Budget Stopping the […]

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Tuesday’s need-to-know money news

Today’s top story: How the way you think about money could be hurting your finances. Also in the news: Determining the right time to buy a home, six secrets to getting a good deal on that home, and why your FICO score is about to look very different. 3 Money Maxims that Hurt Your Finances […]

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Monday’s need-to-know money news

Today’s top story: Five areas of personal finance that you can’t afford to ignore. Also in the news: How your unhappy relationship could affect your wallet, what to do when a friend sends a debt collector after you, and how you can be rewarded for waiting to purchase something online. Personal Finance: 5 Areas You […]

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Q&A: Saving vs Relying on pension

Dear Liz: My husband works for the government and will be receiving a pension when he retires. Am I still supposed to save the recommended amount for retirement from my income or can that amount be reduced since we know we have the pension? We are starting a family and could use any extra money […]

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Q&A: Twelve-year old charge-off

Dear Liz: Late last year, I applied for a credit card to buy a new computer on the computer maker’s website. I was declined. I was given the chance to talk to the credit card company’s agent and was belittled for having not-so-perfect credit, not enough credit and using too much credit, all in the […]

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