Today’s top story: How to save money by refinancing your mortgage. Also in the news: How to spice up your retirement recipe, avoiding the financial pitfalls of divorce, and must-know money tips for new graduates. Tips to Save Money by Refinancing Your Mortgage What to consider when deciding to refinance. 6 key ingredients to spice […]
Recent Blog Posts
Save for Retirement, Then Tackle Debt
Every day we hear from people who are diligently paying down their student loans — and ignoring their retirement funds. This has got to stop. In my latest for NerdWallet, why debt can be costly, but failing to save for retirement ultimately will cost far more.
Monday’s need-to-know money news
Today’s top story: Finding the best student loan repayment plan. Also in the news: How student loans affect your taxes, calculating monthly car costs, and tax payment options for when you owe the IRS. Find the Best Student Loan Repayment Plan for You It’s going to take a while. 3 ways student loans affect your […]
Q&A: Letting car be repossessed will make debt problem worse
Dear Liz: I own a car that I can no longer afford. Unfortunately, buying it was a poor decision and came with terrible interest rates and terms. I’ve been 30 to 60 days late on the payments for close to a year and have other debts that I haven’t been able to pay. Because of […]
Q&A: Understating financial situation
Dear Liz: When applying for credit or at other times when one must state gross income, how should virtual income be computed and treated? My wife and I have annual tax-free income of about $96,000, not subject to offset of any kind, plus our $8,000 annual property taxes are waived in their entirety, as are […]
Q&A: Social Security vs. state pension
Dear Liz: I worked enough in private industry to qualify for Social Security benefits, but then worked for the state and did not contribute to Social Security for another 20 years. So, I will have a state pension at my current salary as well as Social Security representing my former salary, which was about one-third […]