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Recent Blog Posts

February 15, 2013 By Liz Weston

Graduating without student loans is tough

A few months ago I gave a verbal spanking to a woman who equated college loans with handouts. She wondered why people didn’t just delay college for a year and earn enough money to pay for their entire education, as she did back in the day. I pointed out that there weren’t many jobs available […]

February 14, 2013 By Liz Weston

Protect those who look after your kids

A woman who works as a nanny and housekeeper wrote into the Wall Street Journal recently. Her employers had paid her under the table for years. As a result, at she’s facing retirement with only a miniscule Social Security benefit. This drives me nuts. If you can afford to hire a nanny or a housekeeper, […]

February 11, 2013 By Liz Weston

So is it pointless to try to fix credit report errors?

Dear Liz: I watched 60 Minutes last night regarding the 3 credit bureaus and was amazed at what I learned.  I was hoping to spend time trying to repair our credit score, but according to the report last evening, it sounds like a total waste of time as the three credit bureaus basically are not […]

February 11, 2013 By Liz Weston

Ex-wife is still on his credit cards

Dear Liz: My boyfriend is deployed. I have his power of attorney, and during his deployment I have paid off all of his credit card debt. The accounts now need to be closed because they are ones that were acquired with his former wife. I know you say that it will hurt his credit to […]

February 11, 2013 By Liz Weston

“Cheap” insurance could cost more in the long run

Dear Liz: My homeowners insurance just went up 25%. I’ve made no claims and made no changes. I want to get quotes from other providers, but I’m afraid I’m going to get some type of “teaser” rate. I tried changing companies a few years ago and the rate was good, but when it came time […]

February 11, 2013 By Liz Weston

Should you remodel before you sell?

Dear Liz: It has been almost one year since my domestic partner passed away, and our home of 43 years is fully paid for. I am ready to sell. The house is structurally in good shape but needs upgrades and a backyard redo. I have heard that painting both inside and out is a plus, […]

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