Today’s top story: Why military families are at an increased risk of identity theft. Also in the news: What Millennials can teach Boomers about financial planning, the most important thing on your credit report, and how to leap over savings hurdles. Military Families Remain Easy Prey for ID Theft Military families have their information stolen […]
Recent Blog Posts
Erasing student loans in bankruptcy court
Education debt typically isn’t erased in bankruptcy court. That doesn’t mean it can’t be. Ask Michael Hedlund, an Oregon law school graduate who repeatedly failed the bar and then went to work as a juvenile counselor. A federal appeals court decided he didn’t have to pay $53,000 of the $85,000 in student loans he still […]
Wednesday’s need-to-know money news
Today’s top story: Where to save for retirement if you make less than $100,000. Also in the news: Financial therapy, the least prepared states for retirement, and a guide to refinancing your mortgage. Don’t Wait For Obama’s MyRA: The Best Places To Save For Retirement If You Make Less Than Six Figures The best time […]
Tuesday’s need-to-know money news
Today’s top story: How to avoid medical identity theft while at the doctor’s office. Also in the news: What you need to do with your 401(k), ways to save on child care, and nine jobs with the biggest earning potential. 4 Things Your Doctor Doesn’t Need to Know Avoiding medical identity theft. No plan for […]
Strategic bill paying
Dear Liz: We received $100,000 from the sale of some undeveloped land. We are trying to figure out the best way to pay off our bills. Our primary residence has a balance of $173,000 at 4.25% and is a 30-year loan. We also own a home we rent out in which we cover the mortgage […]
Should you hide assets to get more financial aid?
Dear Liz: We have a son who is a high school junior and who is planning on going to college. We met with a college financial planner who suggest we put money in a whole life insurance policy as a way to help get more financial aid. Is that a good idea? Answer: Your “college […]