Money Talk
To contribute to a Roth or other IRA, you must have taxable compensation, which the IRS defines as wages, salaries, commissions, tips, bonuses or net income from self-employment.
View ArticleHow to rehabilitate your credit scores after failing to pay a bill
Dear Liz: After a divorce, I had to start my life over at 62. I got three credit cards. Somehow, I failed to see the online bills for one of them and neglected to pay it. The company didn't contact me...
View ArticleMore lenders are offering student-loan consolidations
Dear Liz: I have four private student loans that I would love to consolidate so that I can have one medium-size monthly payment instead of four large ones. How do I go about finding a company that will...
View ArticleWhich to pay off first: credit cards or student loans?
Dear Liz: I have $8,000 in savings. Should I use it to pay the accrued interest on federal student loans that go into repayment soon? Or should I pay credit card debts of $662 at 11.24%, $3,840 at...
View ArticleKeeping piles of loose change for an emergency is impractical
Dear Liz: My husband recently told me that he has saved many coffee cans full of loose change over the years. When I suggested we might at least roll the change to make it easier to count should we...
View ArticleHow will generous gift to high school graduate affect financial aid?
Dear Liz: Our grandson's stellar high school performance and his family financial situation were such that he was admitted to his state university with grants sufficient to pay all school fees,...
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