The same week legendary investor Warren Buffett put his California vacation house on the market, a friend told me her widowed mother had sold the family home in Cleveland. Buffett bought his Laguna Beach place in 1971 for $150,000 and is asking $11 million. My friend’s parents bought their home for $24,500 in 1965 and […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: How to invest $50,000. Also in the news: Ditching student debt through monster payments, funding a wedding while paying student debt, and what we can learn from rich people who are bad with money. How to Invest $50,000 Making the wise choices. How I Ditched Student Debt: ‘Monster Payments’ Using monster payments […]
Q&A: The old magazine scam is alive and well. Here’s how to fight back
Dear Liz: I got scammed by a magazine company a year ago. I thought the call was about two magazines I wanted to stop as I was moving. The woman talked fast and took me through the steps with my bank card (which was stupid of me, I now know) as if she was helping […]
Q&A: Annuities and fees
Dear Liz: I must object to a point you made in a recent column. You wrote: “…Also, annuities often have high fees, so you’d need to shop carefully and understand how the surrender charges work.” To write “…annuities often have high fees” is misleading, because there are annuities that don’t have fees, such as fixed […]
Friday’s need-to-know money news
Today’s top story: Cutting through credit score confusion after the Experian fine. Also in the news: Eat out without biting into your budget, the female faces of student loan debt, and why it’s harder than ever to apply for financial aid. Cutting Through Credit Score Confusion After Experian Fine Making sense of it. Eat Out […]
Thursday’s need-to-know money news
Today’s top story: Using your tax refund to spring clean your finances. Also in the news: A money conference for women, why the IRS wants their share of your March Madness winnings, and how Millennials can make car buying easier. Use Your Tax Refund to Spring Clean Your Finances Tidying up your money. Lola: A […]