Dear Liz: I went with my brother to his credit union to refinance his house and found out his wife has about eight medical bills that went to collections and he owes a phone company more than $2,000. Their debt totals about $6,300. I could lend them the money or they could do a debt […]
Recent Blog Posts
Friday’s need-to-know money news
Today’s top story: What parents and students need to know about financial aid. Also in the news: Using your smartphone or tablet to clean up your finances, tax tips for procrastinators, and what to do when your teenager has become a financial disaster. Eight Financial Aid Secrets That Parents And Students Need To Know What […]
How to start investing
A reader recently posted this question on my Facebook page: Liz, I’m 30 years old and looking into starting [to invest in] mutual funds and IRAs and have no idea where to start. I know I really need to invest for the future and am eager to do so, but again, have no knowledge on […]
Thursday’s need-to-know money news
Today’s top story: How to manage your credit cards while being unemployed. Also in the news: Surviving the Heartbleed computer bug, what you need to know about gift taxes, and separating car insurance facts from fiction. 6 Credit Card Tips for the Unemployed How to carefully manage your credit while unemployed. What you need to […]
Wednesday’s need-to-know money news
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 […]
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 […]