Dear Liz: Our daughter is in medical school using scholarships and student loans. We are now in a position to help her out, but worry that financial help might work against her sources of aid. Would it be better to pay some on her outstanding loans, give her money, pay some of her living expenses […]
Recent Blog Posts
Q&A: An Internet search isn’t the best way to find a credit counselor
Dear Liz: You’ve mentioned finding a nonprofit credit counselor and I was wondering the best way to go about that without feeling like I’ve been scammed. I’m wise enough (in my later years) to know that “nonprofit” does not mean free or even cheap services, so I didn’t want to just search for “nonprofit credit […]
Friday’s need-to-know money news
Today’s top story: What to buy (and skip) in September. Also in the news: How to choose an airline credit card, how to help parents pay off college debt, and why the average American saves less than 5%. What to Buy (and Skip) in September Need a new mattress? How to Choose an Airline Credit […]
Thursday’s need-to-know money news
Today’s top story: 5 back-to-college lessons on building credit. Also in the news: Focus on just one thing in order to retire early, 4 salary negotiation tactics that actually work, and what you need to know before switching to a cheaper phone plan. 5 Back-to-College Lessons on Building Credit Preparing for a solid future. To […]
Wednesday’s need-to-know money news
Today’s top story: Costly subprime credit cards offer little help. Also in the news: Take charge of your credit score with your credit report, why you should consider a mortgage recast, and four ways to manage your credit card debt. Costly Subprime Credit Cards Offer Little Help, NerdWallet Study Finds Just digging a deeper hole. […]
The 3 biggest money decisions you’ll ever make
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 […]