For everyone who has been saying interest rates can only go up, well – now is their time. But what does the Federal Reserve’s decision to raise interest rates actually mean for your wallet? Probably not much for the near-term. One small interest rate hike of one-quarter of a percentage point is unlikely to have […]
Recent Blog Posts
Wednesday’s need-to-know money news
Today’s top story: Five of the most inspiring personal finance stories of 2015. Also in the news: How to avoid holiday fraud, helping your kids establish credit, and when it’s time to leave your bank. The 5 most inspiring personal finance stories of 2015 Inspiration for the new year. Three Ways To Avoid Holiday Fraud […]
Tuesday’s need-to-know money news
Today’s top story: The credit card mistakes you make every year. Also in the news: How to make a stress-free loan to your adult kids, how to bounce back from a financial setback, and the questions you should ask your employer about your 401(k). 5 Credit Card Mistakes You Repeat Every Year Breaking the cycle. […]
Monday’s need-to-know money news
Today’s top story: Tax mistakes newlyweds make and how to avoid them. Also in the news: What financial documents are safe to shred, how to rebuild your credit after a bankruptcy, and tips on negotiating a higher salary. 5 Tax Mistakes Newlyweds Make It’s a whole new tax world. Drowning in bank statements, etc.? Here’s […]
Q&A: Student loans and mortgages
Dear Liz: I recently completed a master’s degree in counseling and am now paying student loans. I am punctual and consistent in my payments. How does having a $30,000 outstanding student loan look to home lenders? We recently sold our home and moved. We are planning to buy another home and have a large down […]
Q&A: Divorce and mortgages
Dear Liz: Our daughter was divorced in 2012 from her husband of 20 years. He still lives in the house they shared and she lives elsewhere. He pays the mortgage. When she asks him to remove her name from the mortgage, he says she is harassing him. What are her legal options and steps to […]