Dear Liz: Someone recently asked you about whether they were responsible for their mother’s credit card debt, and at the end of your answer you suggested she talk to a bankruptcy attorney. How can you promote that kind of irresponsibility? Answer: Some people are quite firm in their belief that bankruptcy should never be an […]
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Friday’s need-to-know money news
Today’s top story: A little known tax credit could save future retirees money. Also in the news: How to avoid overspending during the holidays, making the right upgrades when selling your home, and how to maximize your Social Security benefits. The Crucial Tax Credit Retirement Savers Don’t Know About Your 401(k) contributions could save you […]
Thursday’s need-to-know money news
Today’s top story: How to prepare your finances for the end of the year. Also in the news: Strategies to prevent holiday shopping binges, why your employer wants you to save for retirement, and what to do as you approach retirement. 5 Year-End Personal Finance Tips Preparing for the new year. 3 Strategies to Prevent […]
Wednesday’s need-to-know money news
Today’s top story: Beware the dirty tricks of student loan collectors. Also in the news: Tax tips, the best strategy for holiday shopping, and busting some digital banking myths. Watch Out for These Student Loan Debt Collectors’ Dirty Tricks Stay on your toes. Beat the Crowd With This Smart Year-End Tax Move Understanding capital losses. […]
What will you pay for college? Probably more than you think
I recently used the College Board’s “estimated family contribution” calculator to see how much we’ll be expected to pay when our (currently pre-teen) daughter heads off to college. The answer? Roughly half our annual incomes. Each year. No colleges actually charge the amount we’d theoretically be expected to pay. So our out-of-pocket costs would be […]
Tuesday’s need-to-know money news
Today’s top story: How to financially prepare for winter. Also in the news: How to determine if you should rent or buy a home, how to keep student loans from ruining your life, and how to avoid gift card fraud during the holidays. 8 Ways to Tackle Winter Money Challenges With Ease How to reduce […]