Get smart with your money
Dear Liz: You had an interesting column recently about the filial responsibility laws that most states have on their books requiring adult children to support indigent parents. I have friends that transferred their parents’ funds to the grandchildren so the parents will qualify for Medicaid. Doesn’t the government see through this scam? Besides being unethical, […]
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Dear Liz: In your answer about filial responsibility, your statement that the letter writer’s financial situation is the result of her own choices and that she needs to stop blaming her parents is completely misjudged and inappropriate. Clearly, the writer is not blaming the parents and seems amazingly strong and clear thinking for one with […]
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For a moment I was speechless. The journalist who said these words obviously thought he was being perfectly logical. He thought life insurance was a scam and he was too smart to fall for it. In a way, what he said was kind of flattering. He obviously thought his wife would have no trouble finding […]
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Today’s top story: How to work towards a debt free 2014. Also in the news: PayPal and credit ratings, finding the cheapest holiday gifts, and how to avoid financial pitfalls this Thanksgiving. Tips for Paying Off Debt in 2014 Starting the new year off on the right foot. Can PayPal Hurt Your Credit? Conversely, could […]
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Today’s top story: The dangers lurking behind Black Friday shopping. Also in the news: How to resist splurging during the holidays, the pros and cons of tech warranties, and what you need to know before signing up for a store credit card. 5 Dangers of Black Friday Shopping One of the favorite days of identity […]
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The number of high school graduates peaked in 2011 at 3.4 million and will drop to about 3.2 million next year. That’s not a huge decline, granted, but it’s a big change from the two previous decades where colleges could count on an ever-growing population of “traditional age” students. Still, the experts I interviewed for […]
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A few weeks ago I asked my Facebook followers if they had enough life insurance and, if not, what was preventing them from getting more. Only two people mentioned cost. Many of the rest weren’t sure how much they needed or where they could turn for objective, unbiased help. A few were pretty confident they […]
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Today’s top story: Preparing your home for the winter. Also in the news: Understanding the “kiddie tax”, why your chances of retiring early could be determined by your personality, and how to defeat the urge to binge shop. Tips for Preparing Your Home for Winter Don’t let your money go up in chimney smoke. Understanding […]
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Thanksgiving is so late this year that I’ve been drifting along in a lovely bubble of denial. Even my Jewish friends’ preparations for Hanukkah haven’t been enough to alert me that Christmas isn’t far off. Today a TV crew from a local Chinese-language stopped by to record some tips for enjoying the holidays without creating […]
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Today’s top story: How to avoid charity scams. Also in the news: Money lessons from retirees, money-saving tips for travelers, and how a grandparents’ gift for college could ruin a student’s financial aid. 4 Ways to Avoid Charity Scams Protecting your empathy from being preyed upon. 5 Financial Lessons from Retirees Voices of experience. 3 […]
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