Today’s top story: How to save for college without sacrificing retirement. Also in the news: Recovering from a poor credit history, 3 ways to pay off a debt in collections, and the best savings strategies for your personality type. How to Save for College Without Sacrificing Retirement It’s possible to do both. Poor Credit History? […]
Recent Blog Posts
Treat your marriage like a business
My artist husband likes to say that if I were in charge of our spending, we’d be sitting on milk crates instead of furniture and that if he were in charge, we’d have no retirement accounts. The fact that we have both nice furniture and retirement funds is a testament to compromise — and the […]
Monday’s need-to-know money news
Today’s top story: When and how much a Fed rate hike will cost you. Also in the news: The art of lowering your bills, how to become Social Security savvy, and why you should check your credit report after getting married. Fed Rate Hike: When and How Much It Will Cost You What to expect […]
Q&A: Why surviving spouses aren’t always entitled to Social Security benefits
Dear Liz: I am confused. I thought all wives were entitled to Social Security if the husband’s earnings qualified. My husband is deceased and he received a larger Social Security benefit than I because he worked longer in a qualified system. We were married almost 49 years. Most of my earnings are from a job […]
Q&A: Effects of closing credit card accounts
Dear Liz: I would like to know how to close credit card accounts and not get a bad credit rating for doing so. We are trying to improve our credit after filing for bankruptcy seven years ago. Answer: If you’re trying to improve your credit, then avoid closing credit accounts. Doing so can’t help your […]
Q&A: Stepmom alters terms of dad’s will
Dear Liz: My father recently passed away and his will named my stepmom’s daughter as executor along with my brother. My stepmother just informed my brother that she removed him from that role, telling him it’s easier to just leave her daughter as the executor as she lives much closer. Is this legal to remove […]