Dear Liz: I was laid off from my job this year and decided to move in with my widowed dad in the suburban home that he and my mother purchased outright in 1989. However, over the years they apparently took out a reverse mortgage with a current balance of about $500,000 (the house was recently […]
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Friday’s need-to-know money news
Today’s top story: The lies we tell to save a little money. Also in the news: The danger of confusing personal and business expenses on your taxes, how $1,000 invested at birth could be a game changer, and five changes you need to know about this year’s taxes. Survey: Men, Students, Parents Among Those Most […]
Thursday’s need-to-know money news
Today’s top story: How to find the best mortgage interest rate. Also in the news: How to financially prepare for a spouse’s deployment, the biggest credit card mistakes made by millennials, and where to find the best St. Patrick’s Day deals. How to Score the Best Mortgage Interest Rate Finding the best interest rate on […]
Wednesday’s need-to-know money news
Today’s top story: How to win a bidding war in a hot housing market. Also in the news: How to retire during a bear market, how to get your financial priorities straight, and how to survive an IRS audit. 6 Ways to Win a Bidding War in a Hot Housing Market Strategies to help you […]
How to Pay Bills When You Can’t Pay Your Bills
When Bruce McClary was a housing counselor, his clients regularly showed up for appointments with grocery bags full of unopened bills. “It wasn’t unusual. They couldn’t pay the bills, so they didn’t open them,” says McClary, who now works in public relations for the National Foundation for Credit Counseling. Ignoring bills seems to work — […]
Tuesday’s need-to-know money news
Today’s top story: Home-related tax deductions you shouldn’t overlook. Also in the news: What to do if you’re behind on your health insurance premiums, the benefits to itemizing your taxes, and secrets to getting the best deal on a new car. 4 Home-Related Tax Deductions You Shouldn’t Overlook Every deduction helps. Behind on Health Insurance […]