Some factors that influence your financial success are beyond your control. Older people tend to be richer than younger people. White U.S. households, on average, have many times the wealth of black or Hispanic households. Those born into the top or bottom of the economic strata typically stay there. But the decisions you make about […]
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Tuesday’s need-to-know money news
Today’s top story: How seniors can save money with discounts. Also in the news: Home equity borrowing and taxes, smart ways to save on car expenses, and the 3 times you shouldn’t ask for a raise. How Seniors Can Save Money With Discounts Every penny counts. Is Interest on Home Equity Borrowing Tax-Deductible Understanding the […]
Monday’s need-to-know money news
Today’s top story: 5 ways to invest in real estate. Also in the news: What makes small-cap stocks mighty (and risky), why auto insurance could be limited in self-driving cars, and how to negotiate a cheaper cellphone contract. 5 Ways to Invest in Real Estate It doesn’t have to be exhausting. What Makes Small-Cap Stocks […]
Q&A: Watch out for shady companies promising to help you repay student loans
Dear Liz: I’m 32 and have a little over $100,000 in student debt from undergraduate and graduate school. I’m trying to get my professional life on track, and I can’t figure out how to pay the loans off. Everything I see online seems shady. What are the questions I need to be asking myself? What […]
Q&A: Avoid running out of money before you run out of breath
Dear Liz: I have two questions regarding the required minimum distributions from retirement accounts at 70½ years old. If I started taking 15% per year at 68, would I still be required to follow the IRS tables and take 27.4% at 70½? Also, can I take the required minimum distributions and roll them into a […]
Friday’s need-to-know money news
Today’s top story: What to do when your credit card issuer blindsides you. Also in the news: Watching for snags with free money offers, rock-solid tips for buying a diamond online, and how to make a grab for $150,000 in college scholarships. What to Do When Your Credit Card Issuer Blindsides You Expect the unexpected. […]