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Liz Weston: Why you don’t want to be an executor

Being asked to be an executor is an honor you might want to pass up. Settling an estate typically involves tracking down and appraising assets, paying bills and creditors, filing fin...

Liz Weston: What gig workers need to know about taxes

If you became a gig worker during the pandemic, beware: Your taxes just got more complicated. Gig work — Uber driving, Instacart shopping, Amazon Flex delivery and so on — is on-dema...

Liz Weston: How to prioritize debt payments in the pandemic

A singular crisis has led to extraordinary relief options for borrowers. Interest and payments have been paused on federal student loans. Homeowners can request nearly a year of mortgage forbearance. ...

Liz Weston: The tax credit fix many can't afford to miss

Families battered by the pandemic recession soon may discover that the tax refunds they’re counting on are dramatically smaller — or that they actually owe income tax. Congress offered a partial solut...

Liz Weston: How to make budgeting as painless as possible

Budgeting is a pain. But what’s more painful is a bill you can’t easily pay, debt that costs a fortune or not having enough money to retire. Fortunately, you can have a useful, work...

Liz Weston: 4 financial ‘experts’ who could steer you wrong

None of us knows everything we need to know about money, so we may turn to experts for help. But some money professionals who offer advice are not qualified to do so — nor are they required to put our...

Liz Weston: Start 2021 off strong with these money moves

After the train wreck that was 2020, you may well question whether it’s worth trying to plan anything. But knocking off a few financial tasks early in the year can better prepare you for whatever 2021...

Liz Weston: RV-Buying Mistakes to Avoid

Recreational vehicle sales are soaring, and the RV industry expects 2021 to be a record-breaking year. Dealerships say much of the demand is coming from first-time buyers and others anxious to find a ...

Liz Weston: Got life insurance? You may not have enough

You probably need life insurance if your death would cause financial hardship to someone else. If the only coverage you have is through your job, though, you may not have enough. Fo...

Liz Weston: Life and money lessons from the pandemic

I’m a “be prepared” kind of person. I like having money in the bank and a good stock of emergency supplies. But I wasn’t prepared to see empty shelves at the supermarket, or thousand...

Liz Weston: Putting financial survivor’s guilt to good use

Financial therapist Lindsay Bryan-Podvin of Ann Arbor, Michigan, specializes in helping people deal with their anxieties about money. But since the pandemic started, Bryan-Podvin has been hearing more...

Liz Weston: How small businesses can help workers save

Donna Skemp of Bend, Oregon, struggled to save before she signed up for an automatic savings plan offered by her employer’s payroll services company. Now, some of her pay goes into a federally insured...

Liz Weston: When life blows up your well-laid plans

Job loss, business failure, involuntary retirement, divorce, disability or the death of a breadwinner — these are just some of the ways our finances can force us to come up with a Plan B. That’s never...

Liz Weston: The upsides to thinking about when you will die

Social Security’s life expectancy calculator predicts I’ll live to about 86. An insurance company’s version says I should expect to die at 98. A longevity calculator created by actuaries demurs, putti...

Liz Weston: How losing Obamacare could cost you

If the Supreme Court throws out the Affordable Care Act, your finances and your future could pay the price. Retiring early or starting a business might become too hazardous if your a...