Today’s top story: Black Friday snafus and the insurance that fixes them. Also in the news: Holiday credit card promotions, how to skip long lines at the airport without spending a dime, and five things you shouldn’t buy on Black Friday. Black Friday Snafus and the Insurance That Fixes Them Protect yourself. Are Holiday Credit […]
Recent Blog Posts
When good money advice is bad for you
Discussing economic class is tricky in America, but the working and middle classes face vastly different financial challenges than upper-income families, and the gaps are growing wider. Good money advice for high earners could be lousy for low earners, and vice versa. For example, certified financial planners recommend saving a three-month emergency fund before tackling […]
Monday’s need-to-know money news
Today’s top story: What doesn’t affect your credit score. Also in the news: A crash course for first-time Black Friday shoppers, how far your money will stretch on Black Friday, and how to pick a college that won’t break the bank. What Doesn’t Affect Your Credit Score Focusing on the important factors. A Crash Course […]
Q&A: How to figure out the right time for retirement
Dear Liz: I hear so much talk about waiting to collect Social Security. What are good reasons to start collecting Social Security at age 62? I recently retired from the military with a monthly retirement of $4,400. I plan to work a civilian job until I’m 62 (eight more years). I’m in fairly good health […]
Q&A: When considering retirement, money isn’t the only factor
Dear Liz: You answer many questions about whether people are ready to retire. But there’s one other thing to consider besides money, and this is more important. Folks need to seriously ask themselves whether they can handle being retired. I know I can’t stand it. I have more than enough assets, plus a pension, plus […]
Q&A: Government financial help after disaster may come as a loan
Dear Liz: With all the recent hurricanes and other natural disasters, people are being helped by the Federal Emergency Management Agency with money for rentals or home replacements. What repayment does the government expect? Are there taxes owed by the recipients of that money? Answer: FEMA grants aren’t taxable, but they’re typically not enough to […]