I’m giving away a copy of Michael F. Kay’s The Feel Rich Project: Reinventing Your Understanding of True Wealth to Find True Happiness. “Feeling rich is the difference between just existing and being gloriously, deeply, passionately alive, living the very best life you were born to lead. What does feeling rich have to do with […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: How to find and finance bank-owned properties. Also in the news: Tips for handling holiday financial stress, how to have the money talk with your parents, and what to do when financial aid and scholarships don’t fully cover course fees. How to find and finance bank-owned properties It’s easier than you might […]
Times when money isn’t real
Money is money, whether it’s cash in our hands, plastic cards at checkout counters or encrypted bits of data coursing between computers on the internet. But our brains don’t view all money as equal, thanks to what behavioral economists call “cognitive biases”: —We spend cash more carefully than plastic. —We regard tax refunds as a […]
Q&A: Where to find help with managing your finances
Dear Liz: I am a mid-30s single woman who needs accountability in managing my finances and paying down debt. I have about $7,000 in credit card debt and $9,000 in student loans and I earn $55,000 a year. I feel as though I may have the financial means to do this but require a knowledgeable, […]
Q&A: Sheltering home profits
Dear Liz: I understand that the profit realized on the sale of a home is not subject to tax, as long as that money is reinvested in another home. What if the couple divorces before or after the sale? If they split the profit from the sale and one or both put those funds into […]
Q&A: Remarrying late in life
Dear Liz: This is regarding the letter from the children worried about their widowed father remarrying. My father remarried a year after my mother died. He was 86. His wife and her family gave him love, care and companionship until his death at 93. I gained a wonderful new family whom I love. Once my […]