Today’s top story: What to do when you can’t pay your mortgage. Also in the news: Paying your taxes, Roth IRAs vs traditional IRAs, and protecting your tax returns from scammers. What to Do When You Can’t Afford Your Mortgage Payments The first step is not to panic. How Should You Pay Your Taxes? Could […]
Recent Blog Posts
Beware college financial aid letters
If you want to see what’s wrong with many financial aid letters today, check out the one that Georgia Institute of Technology has so helpfully posted on its Web site under the rather ironic headline “Understanding the Letter.” The school does a few things right. Not all colleges include the total cost of attendance on […]
Tuesday’s need-to-know money news
Today’s top story: 8 questions future retirees need to answer. Also in the news: How to build business credit, what you won’t find in Wikipedia about personal savings, and what the Game of Thrones can teach us about personal finance. 8 Retirement Questions A 50-Something Couple Needs To Answer How prepared are you? How to […]
Monday’s need-to-know money news
Today’s top story: The tax mistake you cannot afford to make. Also in the news: The best time to shop for Christmas (seriously), how to keep your kids out of debt, and how to use your Roth IRA as an emergency fund. The 1 Tax Mistake You Must Not Make Making sure your figures match. […]
Independent contractor clarity
Dear Liz: I was taken aback by your answer to the receptionist whose employer was paying her as an independent contractor although she should have been paid as a W-2 employee. I believe your response was to lie on her tax returns and hide the fact that her employer was doing something illegal. I cannot […]
Can a small credit card improve your credit score?
Dear Liz: I am trying to increase my credit scores so I can buy a house in a couple of years. My scores are pretty bad, but I do have a car loan that I have never been delinquent on. I have recently obtained a secured credit card with a $300 limit. Will a credit […]