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Recent Blog Posts

December 26, 2016 By Liz Weston

Q&A: Your gift won’t get you a medical deduction

Dear Liz: A couple I’ve known for years recently adopted 2-year-old twins. Both will need considerable medical care, as they were born to a drug-addicted mother. In sending out announcements, my friends suggested sending funds for the twins’ medical needs, rather than toys. I took note and sent a check earmarked for their healthcare. My […]

December 26, 2016 By Liz Weston

Q&A: How to help a hoarder parent

Dear Liz: Can you address parents who never throw anything away? It can be a burden to their children when parents leave behind massive amounts of collected, hoarded items, broken cars, old furniture, memorabilia, clothing unworn for decades, etc. This can be troublesome in terms of time off from work to clear an estate and […]

December 23, 2016 By Liz Weston

Friday’s need-to-know money news

Today’s top story: Credit card late fees are expected to rise in 2017. Also in the news: 10 New Year’s resolutions for your wallet, will Millennials be ready for retirement, and 3 signs you should switch banks. Look for Credit Card Late Fees to Rise in 2017 More incentive to pay on time. Sean Talks […]

December 22, 2016 By Liz Weston

Thursday’s need-to-know money news

Today’s top story: 9 facts about FHA loans. Also in the news: What we learned about the stock market in 2016, 3 student loan resolutions to make in the new year, and why many seniors are having their Social Security cut by student loans. 9 Facts About FHA Loans What you need to know. 5 […]

December 21, 2016 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: 4 steps to managing your parents’ bank accounts. Also in the news: How banks boost overdrafts by counting big debits first, how to determine whether to pay down debt or save for retirement, and mistakes to avoid when choosing a financial advisor. 4 Steps to Managing Your Parents’ Bank Accounts Taking the […]

December 20, 2016 By Liz Weston

How 3 People Changed Their Financial Lives

Lauren Greutman’s moment of truth dawned when she sneaked $600 worth of clothes into her closet. She didn’t want her husband to see what she had bought — or to know that they were $40,000 in debt. J.D. Roth hit bottom after buying a home he thought he could afford Zina Kumok’s epiphany came when […]

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