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Ask Carmen: Leaving a career for love

Jan 31, 2014
Some advice to Susi, a 54-year-old professional in Connecticut, who is weighing retiring early to spend more time with her older, already retired fiancée.
Posted In: ask carmen, marriage, Personal Finance, advice

Mayday: What to do when the checks stop coming in

Jan 31, 2014
Some helpful advice for first steps when your monthly income slows.
Posted In: long-term unemployment

Giving credit where credit is due

Jan 24, 2014
But did you know there’s an unlisted category of consumers? People who have a credit score of more than 800.
Posted In: credit scores, FICO

Ask Carmen: How to rebuild credit after a bankruptcy

Jan 24, 2014
Personal finance columnist Liz Weston joins the show to answer credit questions from our listeners. When should you get a credit card? When is too early to sign up for a credit monitoring program? How do you rebuild credit after a bankruptcy?
Posted In: Credit card, ask carmen, credit scores

How to live off the credit card grid

Jan 24, 2014
Can you afford to say au revoir to your credit card?
Posted In: Credit card, off the grid, credit, Credit Cards

Marijuana, gambling, lotto tickets: Cash only

Jan 24, 2014
A few items that still require cash to purchase.
Posted In: pot, weed, online gambling, credit card laws

In sickness and in wealth

Jan 23, 2014
And you thought talking about the pre-nup was awkward... try bringing up a credit score on a date.
Posted In: dating, credit scores

Ask Carmen: Tips for choosing student loans

Jan 17, 2014
What kind of loans should you take out for graduate school? Find out when student loan expert Heather Jarvis joins host Carmen Wong Ulrich to answer callers' questions.
Posted In: student loans, fafsa, financial aid

Worried about Target? The do's and don'ts of protecting your data

Jan 17, 2014
Millions of Americans have had credit card and debit card information stolen by hackers at big retailers like Target and Neiman Marcus. Marketplace Money host Carmen Wong Ulrich talks to consumer advocate Bob Sullivan about what we can do to keep our money safe.
Posted In: Target, Target credit cards, credit hack, stolen credit cards
smarana picture

Question: Sell a second home to be debt free?

Submitted by smarana | Jan 16,2014

We inherited my mother's home when she passed away two years ago. The home is located in a ski resort. We tried short-term rentals with the home, but it has not worked out like we thought. We live in another state and have quite a bit of debt: 420k mortgage, car loan, and 20k of credit card debt largely due to auto repairs and medical issues. We are current on all payments, but I am considering selling the inherited home, which could fetch 500-600k. I would use the money to pay off all of our debt. I am wondering if this is a rash or foolish idea. The allure of being debt free is so appealing right now. Your thoughts?
Thanks!

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Marketplace covers the impact and fallout from the SEC's charges that Goldman Sachs committed fraud.