Dear Liz: You recently wrote, “When you apply for Social Security now, you’re ‘deemed’ (considered by the Social Security Administration) to be applying for both your own benefit and any available spousal benefit. If a spousal benefit is larger, you’ll get that, and you can’t switch back to your own later.” I turn 62 in […]
Recent Blog Posts
Friday’s need-to-know money news
Today’s top story: 5 people who are crushing student debt. Also in the news: Skipping student loan forbearance, what it takes for early retirement, and 5 things to avoid buying during Labor Day sales. Meet 5 People Who Are Crushing Student Debt How you can follow their lead. Skip Student Loan Forbearance — Do This […]
Thursday’s need-to-know money news
Today’s top story: Why your kid should help pay for college. Also in the news: 5 reasons for flyers to love the middle seat, tips for Labor Day sales, and why you should prioritize building up your cash reserves. Why Your Kid Should Help Pay for College It’s their education, after all. 5 Reasons for […]
Wednesday’s need-to-know money news
Today’s top story: Being a loyal customer can score you free food. Also in the news: The average retirement savings by age, what to buy (and skip in September, and where your $100 goes furthest in the United States. When Being a Loyal Customer = Free Food Perks are plentiful. The Average Retirement Savings by […]
Tuesday’s need-to-know money news
Today’s top story: Don’t make this common – and costly – credit card mistake. Also in the news: Paying by credit card will increase college costs, free credit freezes, and when to buy travel insurance. Don’t Make This Common — and Costly — Credit Card Mistake Even a day late can be costly. To Make […]
Why your kid should help pay for college
I recently heard from the parents of yet another high school senior who turned down a huge scholarship from a good college to attend her “dream school,” which of course has lousy financial aid. Now her parents are scrambling, trying to figure out how to pay for it . This madness must end. Asking teenagers […]