Today’s top story: More credit cards pile on rewards for mobile wallet spending. Also in the news: Dog-friendly designs attract home buyers and remodelers, new rules to help protect old Americans from financial fraud, and the reckless financial habit that will ruin your chances of ever finding love. More Credit Cards Pile on Rewards for […]
Recent Blog Posts
Q&A: Here are some ways you can improve your credit scores
Dear Liz: Two years ago I got out of prison after being there for nine years. I lost everything that I had. When I got out, my credit rating was 565. I recently bought a car and have made four payments so far. Can you tell me when I might have good credit again? Answer: […]
Q&A: IRA distributions and the tax man
Dear Liz: I am 79, in fairly good health and fortunately have almost $600,000 in my IRA account. My minimum required distribution is currently about $30,000 a year, which means my IRA funds will last until I am well over 100! I realize that I can pay a penalty and draw down some of the […]
Q&A: Where to find financial planner fiduciary oath
Dear Liz: You often mention that a financial planner should be “willing to sign a fiduciary oath to put your interests first.” Is there a form or formatted letter available to financial planners who are willing to sign said oath? Answer: There is. The Committee for the Fiduciary Standard, a group that promotes the idea […]
Friday’s need-to-know money news
Today’s top story: What you can learn from the tax hike on Super Bowl players. Also in the news: 3 tactics to tame your credit card debt worries, could Bitcoin be the next legendary investment bubble, and six mistakes people make when hiring a financial advisor. Super Bowl Players’ Tax Hike May Have a Lesson […]
Thursday’s need-to-know money news
Today’s top story: What to do if the new tax law changes your paycheck. Also in the news: The smartest way to use gift cards, giving up your brick-and-mortar bank, and smart money moves for Black Americans in financial distress. What to Do If the New Tax Law Changes Your Paycheck What to look out […]