Dear Liz: Two years ago we moved to another state. Our old house hasn’t sold in that time, as the housing market there is terrible. We have it listed for $255,000 and owe $242,000. A recent appraisal came back at $190,000 to $205,000 despite the fact that it’s in good condition and only 11 years […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: Making sense of your credit report. Also in the news: Protecting your credit cards from data theft, four bills you may be able to eliminate in 2014, and the benefits of joining a credit union. The 5 Most Confusing Things on Your Credit Report Unlocking the mysteries of your credit report. How […]
Monday’s need-to-know money news
Today’s top story: Improving your budget in 2014. Also in the news: The little things that are killing your budget, eliminating excuse making, and how to start digging out from under holiday bills. How to Budget Better in the New Year Smart budgeting is essential to your financial health. 5 Small Things That Are Killing […]
Column: ‘Saving for college hurts financial aid,’ and other myths
LOS ANGELES (Reuters) – Saving for college, applying for admittance and getting financial aid can all be complicated processes, so it’s not surprising that many myths have sprung up about paying for education. The following five myths, however, can wind up costing you dearly: 1. Saving for college hurts financial aid. Saving in a child’s […]
Friday’s need-to-know money news
Today’s top story: Assessing the damage created by holiday spending. Also in the news: Stress testing your personal finances, New Year’s resolutions for baby boomers, and finding help with getting out of debt. Did the Holidays Hurt Your Credit? Analyzing the Christmas carnage. Stress-Testing Our Personal Finances Preparing your finances for unexpected crises. New Year’s […]
Starting over in your 50s, and other curveballs
Losing a job late in life can be devastating, and rebuilding can be tough. Here’s how writer Teresa Mears puts it: Americans in their 50s and 60s, who expected to be at the peak of their careers before retirement, are finding themselves playing catch-up. While they may never get back the lives they had before, […]