American shoppers seem to fall into two groups: those who are planning their early-morning raids on major retailers (starting as early as Thanksgiving morning!) and those who sneer at people who head out into the cold in search of bargains. I used to belong to the latter group, until a friend pointed out I was […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: The three things you should do before tackling your student loan debt. Also in the news: Three tax changes for 2015, how to protect your finances during a late-in-life divorce, and how changing the order in which you deduct from your paycheck could save you more money. 3 Things to Do Before […]
Q&A: Social Security and same-sex marriage
Dear Liz: My partner of 30 years recently died. Am I eligible for Social Security survivor benefits? I don’t want anything I don’t deserve, but if I’m entitled to something, every penny would be appreciated. I am 54 and make minimum wage. Answer: Your eligibility for Social Security benefits as a spouse depends on three […]
Q&A: Student loan forgiveness and taxes
Dear Liz: You recently wrote about student loan forgiveness. After 15 years as a public defender, my wife was diagnosed with multiple sclerosis and could no longer pursue her career as a lawyer. She applied for forgiveness of the federal student loans she used to attend law school. About three years later, the loans were […]
Q&A: The stigma of bankruptcy
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 […]
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 […]