Today’s top story: 4 keys to successful debt consolidation. Also in the news: Credit card startups want to get in your wallet, financial must-do’s for newlyweds, and the best ways to get a big credit card bonus without going into debt. 4 Keys to Successful Debt Consolidation Put those cards away. Credit Card Startups Race […]
Recent Blog Posts
Q&A: Social Security benefits for spouses can pump up household income
Dear Liz: I have a friend who has a selfish, controlling husband. When talking with her recently, she told me she got only $300 a month from Social Security based on her work history while her husband gets $1,800. I told her she should be getting $900, half of his monthly amount, as a spousal […]
Q&A: When a student loan co-signer dies
Dear Liz: I have a friend who recently died after co-signing a student loan for her son. She was making the payments. Does that loan go to her son now to repay? Answer: Possibly. Another possibility is that her estate is on the hook. It all depends on the loan agreement, which varies from private […]
Q&A: Deducting medical expenses racked up by another person
Dear Liz: I recall reading that an individual could deduct unlimited medical expenses for another person, as long as the provider was paid directly. Looking at IRS Publication 502, it appears that now only a “qualifying relative” (the closest I could get to eligibility) is eligible for a deduction on another person’s return. I’m asking […]
Friday’s need-to-know money news
Today’s top story: Caring counselor offers real help in student debt crisis. Staying away from envelope stuffing scams, make money with online surveys, and five mistakes to avoid when paying for college. Caring Counselor Offers Real Help in Student Debt Crisis This is how help in the student debt crisis should be. Stay Away From […]
Thursday’s need-to-know money news
Today’s top story: Cheated by student loan ‘Debt Relief” firm? What you should do. Also in the news: Rules rollback won’t keep defrauded student borrowers from loan forgiveness, 3 costly mistakes beginning investors make, and what to give and spend during Wedding Season. Cheated By Student Loan ‘Debt Relief’ Firm? What To Do Important steps […]