When Ziwei Cong bought some sweatpants that caught her eye during a livestream shopping event on social media, she was disappointed when they arrived and didn’t fit well. “It’s very easy for me to become irrational during these kinds of shopping events,” says the assistant professor of marketing at Georgetown University’s McDonough School of Business. […]
Recent Blog Posts
This week’s money news
This week’s top story: Smart Money podcast on travel tips and budgeting for a non-traditional life. In other news: Getting more EVs will require recycling more old batteries, June Fed meeting and a pause on rate hikes, and 7 ways for couples to earn travel points and miles together. Smart Money Podcast: Nerdy Travel Tips, and […]
Q&A: Finding a fiduciary
Dear Liz: I am 55 and a single mom of three teenagers. My money has been sitting at a discount brokerage firm unmanaged … ugh!! I need help, but I am afraid to hire someone who will lose my money. Plus, two of my kids are old enough now to open a retirement account. We need […]
Q&A: How to get a debt collector to stop calling about a bogus bill
Dear Liz: I’m getting daily robocalls from a debt collection agency, even though a check of our current credit reports shows that we owe no one anything. (My husband and I both have stellar credit.) Google tells me that this collection agency is known for shadiness and that the Consumer Financial Protection Bureau has fined it […]
You’ll probably live longer than you think
Women often don’t score as well as men in surveys of financial literacy. One area where we seem to do better is “longevity literacy,” or understanding how long we’re likely to live. Longevity literacy is essential to smart retirement planning. Overestimate your longevity, and you could retire too late or scrimp too much. Underestimate it […]
This week’s money news
This week’s top story: Smart Money podcast on money scams, and renting credit card tradelines for cash. In other news: AI and hiring decisions, June 2023 rent report, and CFPB warning that student loan borrowers will struggle with repayment. Smart Money Podcast: Money Scams, and Renting Credit Card Tradelines for Cash This week’s episode starts with […]