Get smart with your money
Today’s top story: How to stress test your retirement portfolio. Also in the news: Organizing your personal finances with online calculators, avoiding costly college financing mistakes, and five of the dumbest credit moves you shouldn’t make. Stress-test your retirement portfolio Can it withstand the pressure? 5 Online Calculators to Help Organize Your Personal Finances No […]
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Back when dinosaurs roamed the earth, I bought a fat paperback test prep book to help me study for the SAT (which, back then, was still known as the Scholarship Aptitude Test). I didn’t buy the book until after I’d already taking the SAT the first time. After studying, I took the test again–and did […]
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Today’s top story: How to pay off your student loan in four years or less. Also in the news: Affordable ways to help someone having a bad time, how healthy living could save you money, and an easy way to tell if you have good credit. 5 Tips For Paying Off Your Student Loans in […]
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Dear Liz: I wish to add a little more information for the retired individual who had trouble getting approved for a home equity loan because he had no regular income (although he had plenty of assets). I’d suggest consulting a mortgage broker, not a bank. An independent broker is not captive to one set of […]
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Dear Liz: I am trying to help my retired parents refinance their home. Currently they are paying over 8% interest. (This loan should be illegal.) The problem is their credit score, which is around 536. They had a tax lien in 2004 (it has been paid off for over four years) and some minor credit […]
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For every rule of thumb, there are hundreds of people who would quibble with it. We saw that just recently with a USA Today columnist who quantified exactly how much you need to save for retirement (his answer, via an analysis by T. Rowe Price: $82.28 a day). Lots of people didn’t like that the […]
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Today’s top story: What you need to save every day for a comfortable retirement. Also in the news: The three tax buckets, the 10 commandments of savings, and four boring but essential money conversations. $82 a Day Is the Average Savings for a Comfortable Retirement $82.28 to be exact. What Pre-Retirees Should Be Asking About […]
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Today’s top story: What to do if you made a mistake on your taxes. Also in the news: How to help a friend in financial trouble, money mistakes to avoid on your honeymoon, and what you need to take care of financially before your baby arrives. Help! I Did My Taxes Wrong Don’t panic! Helping […]
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Today’s top story: Protecting your 401(k). Also in the news: What to do if you have a large tax bill, rental mistakes to avoid, and the two legal documents you can’t live without. How To Spot A 401(k) Rip-off Don’t sell your retirement short. Big Tax Bill? IRS Offers Payment Options Taxes don’t have to […]
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