Today’s top story: How you could save $200 a month on your mortgage. Also in the news: How making the minimum payments on a credit card bill could take decades to pay off, why you should pay cash for your new car, and what to review during your annual financial checkup. Millions of Homeowners Could […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: The important ages for retirement planning. Also in the news: How to rebound from a credit setback, signs you might be a victim of identity theft, and what your car rental insurance might not cover. 9 Important Ages for Retirement Planning Marking the milestones. 8 Ways to Rebound From a Credit Setback […]
Monday’s need-to-know money news
Today’s top story: How to get rid of an old debt. Also in the news: Living on half of your income, how to get yourself in good financial shape, and dealing with the debt of a loved one that passed away. The Secret Way to Get Rid of an Old Debt Resolving an old collection […]
Q&A: Student loan forgiveness
Dear Liz: I have $105,000 in medical school loans with an interest rate of 2.875%. I have another consolidated federal loan at 6%. I’m making $180,000 in the private sector and like my job. Should I consolidate everything, try to get a public sector job, and apply for loan forgiveness after 10 years while paying […]
Q&A: Credit scores and new accounts
Dear Liz: My spouse signed up for a store credit card to receive a discount on a large purchase. As she has no strong interest in maintaining a line of credit there, is there a simple way of discontinuing this account without affecting our credit scores, given that we may apply for a mortgage in […]
Q&A: Social Security spousal benefits
Dear Liz: I started my Social Security benefits at 66 and am now 70. I was married for 23 years and have not remarried. When I ask about spousal benefits, I am told that my own monthly benefit is too high to get benefits based on my ex’s work record. My monthly benefit is only […]