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 […]
Recent Blog Posts
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 […]
Monday’s need-to-know money news
Today’s top story: Should you splurge or save with your tax refund? Also in the news: Saving for the end of the world, understanding Obamacare tax penalties, and why free checking is becoming a thing of the past. Tax refunds: Cheap thrills or savvy savings? Choose wisely. End-of-world money moves to make Why should the […]
Friday’s need-to-know money news
Today’s top story: Choosing between the standard or itemized tax deduction. Also in the news: Taking steps to a better financial future, money mistakes to avoid during your 20s, and the four letter word that can ruin your credit. Should You Take the Standard or Itemized Tax Deduction? While one might be easier, the other […]