Dear Liz: My financially illiterate, almost 50-year-old son will be living off his inheritance when I die. A good part of his life was spent drifting, so I have no idea if he will receive Social Security or how much. How do I structure his inheritance so that he won’t fritter it all away in […]
Recent Blog Posts
Q&A: A dirty problem
Dear Liz: I bought a house four years ago. The previous owner allowed a gentleman to plant flowers every spring and tend them all summer. I allowed the man to continue after I bought the house. He waters the flowers using my water and I help weed every year. He came to me last week […]
Q&A: State pensions’ effect on Social Security
Dear Liz: Recently someone wrote to you about plans to receive a state pension and apply for Social Security benefits. You said if the person’s job didn’t pay into Social Security, the Social Security benefit might be reduced because of the state pension. I have a state pension from a job that did not pay into Social […]
Friday’s need-to-know money news
Today’s top story: Dispelling bankruptcy myths. Also in the news: The dangers of credit card checks, the fine print of your car and home insurance, and why many Americans still struggle with credit. 5 Bankruptcy Myths Dispelled Bankruptcy mythbusting. Don’t Cash That Credit Card Check Until You Read This Proceed with caution. Is it covered? […]
Using debt strategically: Join us!
I’m hosting NerdWallet’s first Facebook Live video, “Using Debt Strategically,” on Thursday starting at 7 p.m. Eastern/4 p.m. Pacific. I’ll be discussing ways to prioritize your debt and pay it off faster while building your overall wealth. Whether you’re struggling with debt or just trying to be smarter with it, I can help answer your […]
Thursday’s need-to-know money news
Today’s top story: Why university checking accounts don’t make the grade. Also in the news: Financial steps to take in your 30s, personal finance calculators, and the savings habits of the super rich. University Checking Accounts Don’t Make the Grade High overdraft fees are a dealbreaker. 7 Important Financial Steps to Take in Your 30s […]