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Elizabeth Smith

Credit Card, Savings and Retirement Expert

Liz Smith is a graduate of New York University and has been passionate about helping people make better financial decisions since her college days. Liz has been writing for SmartAsset for more than four years. Her areas of expertise include retirement, credit cards and savings. She also focuses on all money issues for millennials. Liz's articles have been featured across the web, including on AOL Finance, Business Insider and WNBC. The biggest personal finance mistake she sees people making: not contributing to retirement early in their careers.

Posts by Elizabeth Smith:

by Elizabeth Smith Apr 26, 2019

Catch-up contributions allow people age 50 or older to make additional deferrals to their 401(k)s and IRAs after they reach annual contribution limits set by the IRS. Catch-up contribution amounts vary across different plan types. As you explore whether it makes sense to make catch-up contributions to your retirement accounts, you might also want to find a financial advisor who can provide you with hands-on guidance throughout the process. Read more

by Elizabeth Smith Jul 18, 2019

Investment banking is a sect of the banking industry focused on raising capital for companies, governments and other entities. Investment banks, which are typically private companies, may underwrite debt and equity securities, assist with mergers and acquisitions, provide  financial advisory services and offer initial public offering (IPO) support when companies go public.  Read more

by Elizabeth Smith Apr 09, 2019

Fee-only financial planners earn compensation for their services only. They don’t earn commissions or kick-backs for recommending certain products. This fee structure reduces potential conflicts of interest, which is why fee-only financial planners are viewed as the most reliable financial advisors. They have a fiduciary duty to act in your best interests at all times. Read more

by Elizabeth Smith Feb 05, 2019

It might seem easier to find a partner and plan a proposal than it is to buy the perfect engagement ring. In addition to being expensive, rings are seen as a symbol of love for your significant other… Read more

by Elizabeth Smith Jul 18, 2019

Unlike investing, trading requires a very active approach to the financial markets. Rather than buying and holding assets to build wealth over the course of many years, a trader frequently buys and… Read more

by Elizabeth Smith Dec 27, 2018

Setting up a trust fund is one of many ways you can transfer money, property, and other assets to your loved ones or worthwhile causes. Like a will, it’s an estate planning tool that outlines how… Read more

by Elizabeth Smith Jan 10, 2019

Nearly every business and organization has a website. Many individuals also choose to claim their own space on the internet. But before you build a website, you’ll need a domain name – a unique… Read more

by Elizabeth Smith Dec 03, 2018

It’s no secret: investing can be intimidating, and many people just don’t like the idea of “gambling” with their hard-earned savings. Luckily, there are some simple investment strategies that provide… Read more

by Elizabeth Smith Nov 27, 2018

Paying for college is a challenge, and rising tuition costs certainly don’t help. According to College Board, the average cost of a four-year private college has increased by more than $3,000 over… Read more

by Elizabeth Smith Oct 19, 2018

Being a landlord can significantly bolster your savings, but it’s also a lot of work. On top of the finances and responsibilities of your own living space, you have to find tenants, secure insurance… Read more

by Elizabeth Smith Oct 18, 2018

Most of us know that a savings account is a smart place to store money. Savings accounts have higher interest rates than checking accounts and, as such, help us earn more without sacrificing… Read more

by Elizabeth Smith Mar 05, 2019

Between vibrant cities like Nashville and quiet towns deep in the Appalachians, Tennessee has something for everyone. Life in the Volunteer State means steeping yourself in history, culture and… Read more

by Elizabeth Smith Mar 05, 2019

No matter where you hope to live in Louisiana, you’ll never be far from great music, delicious food and exciting activities. Unfortunately, picking a mortgage is much harder than picking a… Read more

by Elizabeth Smith Mar 05, 2019

With expansive plains, bustling river towns and below-average mortgage rates, we don’t blame you for wanting to plant your own roots in the Missouri. The purchase of buying your first home can be… Read more

by Elizabeth Smith Mar 06, 2019

Nevada is so much more than 24-hour parties in Las Vegas. In fact, it’s one of the fastest-growing states in the country. But if getting a mortgage or paying a down payment is holding you back, check… Read more

by Elizabeth Smith Mar 06, 2019

Thanks to beautiful scenery, relatively affordable mortgage rates and robust economy, Idaho is an great destination for new homeowners. If you’re thinking about settling in the Gem State, check out… Read more

by Elizabeth Smith Mar 05, 2019

No matter where you hope to settle in Georgia, housing costs usually will be relatively affordable. Buying your first home can still be intimidating, of course. Georgia’s Department of Community… Read more

by Elizabeth Smith Mar 05, 2019

According to some studies, Indiana is one of the most affordable states to buy a home. But buying your first home in the Hoosier State could be an intimidating process. Between the inspections and… Read more

by Elizabeth Smith Mar 05, 2019

Purchasing your first home in the Hawkeye State can be intimidating and expensive. It will likely include financial situations and conversations you’ve never encountered before. Luckily, the federal… Read more

by Elizabeth Smith Mar 07, 2019

Maine is a state of fresh lobster, beautiful fall foliage and 3,478 miles of coastline. If you’re considering buying a home in the Pine Tree State, you should be aware of the special programs – from… Read more

by Elizabeth Smith Mar 07, 2019

With just plenty of historic charm and seaside beauty, Delaware cracks SmartAsset’s top 10 states for the middle class. If you’re hoping to buy a home there, be sure to check out the various… Read more

by Elizabeth Smith Mar 07, 2019

Both the federal and Oregon state governments offer loan programs in an effort to simplify the entire mortgage application process for newbies. There are a number of choices available, depending on… Read more

by Elizabeth Smith Mar 07, 2019

Both the federal government and Utah Housing Corporation sponsor first-time homebuyer programs and down payment assistance to help Beehive State settlers achieve homeownership. Some cater to low… Read more

by Elizabeth Smith Mar 07, 2019

Michigan’s economy has experienced its ups and downs over the last few decades. Population decline and the national housing crisis have driven prices and mortgage rates down, making it homeownership… Read more

by Elizabeth Smith Mar 07, 2019

Buying your first home is an intimidating and expensive process, and one that will ultimately have a big impact on your financial plan. That’s why the federal and Washington state governments have… Read more