Today’s top story: The downsides of low-interest credit cards. Also in the news: How to beat a spending addiction, the complicated world of the Alternative Minimum Tax, and how to get a better credit card rate by threatening to cancel. 7 Downsides of Low-Interest Credit Cards What’s great in the short terms could come back […]
Recent Blog Posts
Q&A: IRA interest rate terms
Dear Liz: I went to renew my IRA certificate of deposit and the bank officer suggested that I renew at the greater rate being offered for a five-year term (about 1.5% APR) rather than the lower rate for a one-year term (about 1% APR). She explained that since I am over 59 1/2, I can […]
Q&A: Social Security spousal benefits
Dear Liz: I am 61 and going through a second divorce. Would I be able to start drawing my first husband’s Social Security now or would I have to wait till I am 62 later this year? Also, could I draw off my second husband’s work record, since he made more money? Which would benefit […]
Friday’s need-to-know money news
Today’s top story: Five signs of impending financial doom. Also in the news: Spring cleaning your finances, the risks of automatic bill pay, and why you should keep a burner email account. 5 Signs You’re Financially Overextended Your finances could be heading for disaster. 7 tips for financial spring cleaning Time to clean the dust […]
Lies, damn lies and press releases
A recent press release from an “identity theft protection company” was so filled with misinformation, I had to double-check make sure it wasn’t April Fool’s Day. Here’s what it said: The Federal Trade Commission believes ID Fraud will be a significant issue during this tax season. Many people will consider freezing their credit report if […]
Thursday’s need-to-know money news
Today’s top story: How to pass a financial stress test. Also in the news: How smart parents teach their kids about money, the worst money mistakes made by Millennials, and what to do if your homeowner’s insurance claim is denied. 5 Tips For Passing a Financial Stress Test How would you do? 7 Ways Smart […]