Today’s top story: Small financial mistakes that could cost you big. Also in the news: Are certificates of deposit worth it right now, saving on vacations through Costco, and how changing your wireless plan could affect your credit report. Small Financial Mistakes That Could Cost You Big What looks like a small mistake could become […]
Recent Blog Posts
Q&A: High earners need to watch out for Medicare surcharge
Dear Liz: When I retired at age 70, I anticipated receiving the maximum available Social Security benefit payment because I had paid in the maximum tax for my entire career. I did not anticipate the heavy hit my spouse and I would take in monthly income-adjusted Medicare “premiums.” (I say “tax” is a more appropriate […]
Q&A: Wife should get her name on deed
Dear Liz: My daughter, who is a stay-at-home mother of two, recently bought a home with her husband. They have been married seven years. I recently discovered that her name isn’t on the deed to the home. I don’t know why, but it doesn’t sound good to me. What are her potential issues? Answer: The […]
Q&A: Keeping an eye on your financial planner
Dear Liz: I’m a fee-only financial planner with a quick comment regarding the investor who complained about a financial advisor who ran up a huge capital gains tax bill. I’ll bet that the vast majority of the gains came from selling the person’s initial investments to re-position them according to the advisor’s recommendations. That seems […]
Friday’s need-to-know money news
Today’s top story: You don’t need to be a citizen to have a US bank account. Also in the news: 3 money tasks you shouldn’t do on your own, how to save on granite countertops, and how to find cheap transportation to and from major airports. You Don’t Need to Be a Citizen to Have […]
Thursday’s need-to-know money news
Today’s top story: 9 unsung ways to earn airline miles for free. Also in the news: 5 ways not to blow a financial windfall, 5 ways to save at summer music festivals, and the best credit cards for grocery and dining out rewards. 9 Unsung Ways to Earn Airline Miles for Free Racking up miles […]