Dear Liz: Lately I have been reading a lot about how people aren’t saving enough for retirement. Every article I read talks about the need to put enough into employers’ 401(k) programs to get the maximum possible company match. What do you do when your employer doesn’t match your contribution? Answer: You contribute anyway, and […]
Recent Blog Posts
Should she use 0% credit card offer to pay student loan debt?
Dear Liz: I currently owe $27,000 in student loans at an 11.5% interest rate. I have excellent credit and about $8,000 in savings and contribute 17% of my income to a workplace retirement plan. Should I invest less in my 401(k) and pay off debt instead? I just got a balance transfer offer for 0% […]
Close any cards you used at Target during the breach
Dear Liz: My debit card was part of the recent Target data breach (my credit union called me). I’ve read articles telling me to pull my credit reports. Here’s the thing: I already requested two of my three free credit reports in early December. When I read about the Target incident, I requested the third […]
Monday’s need-to-know money news
Today’s top story: A guide to dealing with debt collectors. Also in the news: Steps you can take to avoid tax identity theft, the advantages of a 30-year mortgage, and what to do when a relative hits you up for money. The Ultimate Guide to Debt Collectors How to handle some of the world’s least […]
Seven mistakes to avoid on financial aid forms
LOS ANGELES (Reuters) – Millions of families will fill out a key financial aid form in coming weeks, many for the first time. Unfortunately, mistakes on the Free Application for Federal Student Aid (FAFSA) are easy to make, education experts said. Here are some of the most costly errors to avoid: 1. Failing to file […]
Friday’s need-to-know money news
Today’s top story: A simple way to help your credit. Also in the news: Financial fasting, the best financial resolutions for the New Year, and why you’re not being paid what you’re worth. What’s the Simplest Thing I Can Do to Help My Credit? This one thing could make a huge difference. Should You Go […]