Today’s top story: Tax breaks that can help pay for your kid’s college. Also in the news: How to prevent bad financial decisions in old age, when it’s time to call in a financial adviser, and the surprising answer as to whether or not you should pay off your mortgage early. Tax breaks that can […]
Recent Blog Posts
Q&A: Consolidating multiple student loans
Dear Liz: I have four private student loans that I would love to consolidate so that I can have one medium-size monthly payment instead of four large ones. How do I go about finding a company that will consolidate them? Answer: If you have good credit and sufficient income — or a willing co-signer — […]
Q&A: Mileage bonus credit cards
Dear Liz: I’m attracted to the credit card offers that give substantial mileage bonuses for opening and using an account. Most also waive the first year’s fee. I have taken advantage of one such card, and then I canceled it before any fee was due. (I certainly enjoyed using the miles.) I hesitate to take […]
Q&A: Keeping financial records
Dear Liz:I have a garage full of old financial records. I believe I need to keep only seven years of information for tax purposes. Is that correct? However, I have decades of receipts on house repairs and improvements since I believe there is some cumulative tax credit that might someday be important. Also, I have […]
Friday’s need-to-know money news
Today’s top story: How to determine if you’re financially ready to buy a house. Also in the news: Are free checking accounts becoming too expensive, understanding the higher education tax credit, and the decisions you need to make before walking down the aisle. Are You Financially Ready to Buy a House? How to determine if […]
Will Apple make breaches obsolete?
If your credit or debit cards haven’t been compromised, you’re part of a shrinking demographic. Database breaches in recent months have exposed tens of millions of cards to potential fraud. But Apple’s new payment system has the potential to sidestep the bad guys and someday, perhaps, make breaches a thing of the past, according to […]