Today’s top story: Understanding the difference between a credit card and a charge card. Also in the news: Why using a credit card for financial emergencies isn’t always a good idea, the fees of 13 major airlines, and why you shouldn’t trust most retirement calculators. What’s the Difference Between a Charge Card & a Credit […]
Recent Blog Posts
Q&A: Social Security benefits and divorce
Dear Liz: You’ve been answering questions about ex-spouses and Social Security benefits. My first marriage was longer than 10 years, and I was the primary earner. My ex remarried but later divorced again. Does his getting remarried nullify his claims forevermore — or is his ability to claim spousal benefits based on my income back […]
Q&A: Investing vs Saving for college tuition
Dear Liz: We recently inherited some money. We’ve never had much. We want to invest our inheritance for our kids’ college education. We asked around to find investment firms that people have had a good experience with. But how do we know they are honest and make sound investment decisions? How do we know if […]
Q&A: 401(k) employer limits
Dear Liz: My company doesn’t allow us to contribute more than 50% of our paycheck to our 401(k). This limits my contribution to far less than the IRS’ $18,000 annual limit because I’m low paid. How can I tackle this situation, as I would want to contribute more but am being constrained by the 50% […]
Friday’s need-to-know money news
Today’s top story: Credit card mistakes you need to avoid. Also in the news: Costly financial aid mistakes, avoiding debt for new grads, and when you should see a financial therapist. 5 Credit Card Mistakes Driving You Into Debt Pay close attention. How to avoid these costly financial aid mistakes Don’t leave money sitting on […]
Thursday’s need-to-know money news
Today’s top story: How your mortgage affects your credit score. Also in the news: Finding a great mortgage rate, buying vs renting for retirees, and important tax deadlines business owners need to know. Will Paying Off Your Mortgage Hurt Your Credit? How your mortgage effects your credit score. 6 Tricks To Getting A Great Mortgage […]