Here’s an idea: Hand your teenagers hundreds of dollars in one lump sum and leave it up to them to manage the money for the next, say, six to 12 months. Anyone who’s ever had or been a teenager may quail at the thought, but experts say this approach actually can work much better than […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: Equifax extends credit freeze deadline. Also in the news: Why single parents are turning to online colleges, how credit card rewards can take the sting out of a starter budget, and strapped families hope President Trump will tackle student loans in tonight’s State of the Union address. How to Freeze Your Credit […]
Monday’s need-to-know money news
Today’s top story: Before doing your taxes, gather these documents. Also in the news: 3 things to do when buying a house as an unmarried couple, how credit cards can help you save on buses and trains, and 4 money lessons every teenager needs to know. Before Doing Your Taxes, Gather These Documents Putting your […]
Q&A: How to get a higher credit limit after the card company turns you down
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. […]
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 […]