Liz Weston: Don't let others pick your financial adviser

Gaylen Rust must have seemed trustworthy to the people who gave him money. Rust was a longtime businessman in Layton, Utah, where he ran a coin shop started by his father in 1966. Ru...

Liz Weston: 5 divorce mistakes that can cost you

If you're getting a divorce , it pays to keep quiet on social media, says New York divorce attorney Jacqueline Newman. Trashing a soon-to-be ex or boasting about your great new life can complicate div...

Liz Weston: More parents are putting limits on college help

Tyler Luker of Plano, Texas, is a high school junior who already knows which college he wants to attend (University of Missouri), how much it costs ($43,300 for out-of-state residents) and how much he...

Liz Weston: There's always a next recession, so be prepared

Recessions are like natural disasters: They're inevitable, but smart preparation may reduce the impact on you. The U.S. economy has grown steadily since emerging from the "Great Rece...

Liz Weston: 3 money tasks you need to do right now

Most financial to-do lists focus on what you need to get done by Dec. 31, but there's also a brief window early in the new year to save yourself some significant cash. Here are three tasks to consider...

Liz Weston: It's time to fix Social Security's tax burden

People on Social Security need a tax break. The rest of us need to make sure they get it — for everyone's sake. When Congress made Social Security benefits taxable in 1983, lawmakers...

Liz Weston: You don't have to live by these money myths

We're told experiences are supposed to make us happier than stuff — turns out that may apply mostly to the affluent. The famous marshmallow test that predicts future success, based on which kids can r...

Liz Weston: How to save money on health care

Americans on average spend more on health care than they do on groceries, according to the Bureau of Labor Statistics' latest Consumer Expenditure Survey. Saving money on medical care is a lot tougher...

Liz Weston: Should you pay off mortgage before you retire?

Most people would be better off not having mortgages in retirement. Relatively few will get any tax benefit from this debt, and the payments can get more difficult to manage on fixed incomes. ...

Liz Weston: How to fund college if you didn't save enough

If college tuition bills are looming and you don't have nearly enough saved, you have plenty of company. But you also have options for making it more affordable. Four out of 10 famil...

How to write a will that won't trigger a family feud

Creating an estate plan is a gift to the people you leave behind. By expressing your wishes, you're trying to guide your loved ones at a difficult, emotional time. All too often, tho...

How women who retire with their husbands often lose out

Women who retire when their husbands do may be giving up more wealth than they realize. Married women overall are still in their peak earning years in their 50s and early 60s, while ...

Got an hour? Chalk up 4 quick financial wins

Sometimes money is like technology. Getting stuff done — whether it's updating an operating system or moving a bank account — often takes longer than it should. There are some money ...

Why your kid should help pay for college

I recently heard from the parents of yet another high school senior who turned down a huge scholarship from a good college to attend her "dream school," which of course has lousy financial aid. Now he...

Your house isn't a piggy bank

Your home equity could keep you afloat in retirement or bail you out in an emergency — but not if you spend it first. U.S. homeowners are sitting on nearly $6 trillion of home value ...