Today’s top story: Four things prospective homebuyers should never say. Also in the the news: Why cable a la cart could end up costing you more, five ways to save on gas this summer, and financially savvy gifts to get the grad in your life off to a good start. Will unbundling cable save you […]
Recent Blog Posts
Q&A: Paying off home loan with a windfall
Dear Liz: I’m 65 and my wife is 62. We recently sold a business for over $900,000 and will net somewhere between $550,000 and $600,000. Should we use the proceeds to pay off our mortgage? Our home is worth about $1.5 million with a mortgage of $390,000 at 3.586%. We contribute an extra $200 per […]
Q&A: How long do unpaid accounts and judgments remain on credit reports?
Dear Liz: My credit reports don’t show any of my old unpaid collection accounts. I also have one judgment that is not showing from 2005. My wife (who has perfect credit) and I are looking to apply for a mortgage. What will the lender find? I recently applied for a credit card to start rebuilding […]
Friday’s need-to-know money news
Today’s top story: How to pay off your student loans. Also in the news: Understanding your mutual fund fees, the pros and cons of prepaid debit cards, and timeless money tips for new graduates. The Wrong Ways to Get Rid of Your Student Loans Not paying them is not an option. A Guide to Understanding […]
What’s holding you back?
I used to belong to the “what’s wrong with you people??” school of personal finance advice.* I found it hard to sympathize with people who carried credit card debt or failed to save for retirement. Surely they knew better. So why didn’t they do better? Turns out there are a lot of reasons, including the […]
Thursday’s need-to-know money news
Today’s top story: Could your bad credit score leave you homeless? Also in the news: How your wedding could boost your credit score, the pros and cons of debt consolidation, and how living small could save you big money. Could a Bad Credit Score Make You Homeless? Landlords are taking a closer look at potential […]