Dear Liz: I asked for a credit limit increase on my Visa card from $5,000 to $20,000. I was turned down because of not enough income. I was very disappointed and wonder what if anything I can do to reverse the situation. I am a 77-year-old retired widow who owns my home with no mortgage. […]
Recent Blog Posts
Q&A: Don’t rush when setting up your living trust
Dear Liz: Your column recently answered a question about whether a living trust was the right move, and I thought you mentioned a free online form or worksheet that one could download and fill out. Where can I find that? Answer: Many sites offering free software or forms are actually subscription services. You typically use […]
Friday’s need-to-know money news
Today’s top story: Why free life insurance at work might not be enough. Also in the news: 5 personal finance books to read this year, picking a career you’ll actually like, and why your debt to income ration matters. Why Free Life Insurance at Work Might Not Be Enough Making sure you’re fully covered. 5 […]
Thursday’s need-to-know money news
Today’s top story: 3 ways debt settlement may not be the fix you expect. Also in the news: NFL great Eric Dickerson shares money and life lessons, where to find low-cost checking and the reason why most people get rejected for a personal loan. 3 Ways Debt Settlement May Not Be the Fix You Expect […]
Should we pay people to save?
Long ago, people were rewarded for saving. Banks contributed something known as “interest” to the amounts deposited in savings accounts. OK, technically they still do, but you’d be forgiven for not noticing the tiny amounts added in a low-rate environment. The current average interest rate on savings accounts is 0.06 percent. Anemic rates may not […]
Wednesday’s need-to-know money news
Today’s top story: How to max out your Roth IRA in 2018. Also in the news: Why smarter cars aren’t saving us money on car insurance, 4 tax breaks that could help those caring for elderly parents, and 5 money moves that will help you retire early. How to Max Out Your Roth IRA in […]