PERSONAL FINANCE

Perspective

The scammers are coming for you. Here’s how to protect yourself.

Here are some tips that will help you stay safe while online shopping.

By Michelle SingletaryNovember 25, 2022
Advice

How to manage gift-giving expectations while in debt

Tips on dealing with the pressure of buying gifts when you're deep in credit card debt.

By Michelle SingletaryNovember 23, 2022
BusinessPerspective

Musk, FTX founder Bankman-Fried lead 2022 flock of business turkeys

The new boss of Twitter and the former boss of FTX stand out as examples of what not to do as corporate leaders.

By Allan SloanNovember 23, 2022
Advice

Friends don’t charge friends for dinner parties

Some etiquette rules never change. So, yes, it's rude to charge guests for their supper.

By Michelle SingletaryNovember 18, 2022
BusinessPerspective

Yesterday’s big market winners turn into today’s big losers

Seven formerly high-flying stocks have become such dogs that you can almost hear them howling.

By Allan SloanNovember 14, 2022
Advice

Here’s how midterm elections impact your stock portfolio

Control of Congress may be in limbo, but don’t let post-election panic drive your investing decisions.

By Michelle SingletaryNovember 11, 2022
Advice

Elon Musk just showed us how not to fire people

The trifling way the billionaire dismissed Twitter workers was akin to breaking up with someone via text. It was disrespectful and insensitive.

By Michelle SingletaryNovember 9, 2022
Advice

A quarter of children being raised by grandparents face hunger

A report by Generations United finds 25 percent of grandparents raising grandchildren experienced food insecurity between 2019 and 2020, twice the national rate.

By Michelle SingletaryNovember 4, 2022
Advice

Inflation-proof I bond rate sank to 6.89%, but so what? It’s still a deal.

There’s been unprecedented demand for the Series I savings bond, which just had its rate reset from 9.62 percent.

By Michelle SingletaryNovember 1, 2022
Advice

Rush on I bonds paying 9.62% is crashing TreasuryDirect website

Savers are scrambling to snap up the inflation-protected bonds ahead of Friday’s deadline,

By Michelle SingletaryOctober 28, 2022
Advice

Most Americans believe the American Dream’s out of reach for their kids

A new Gallup poll finds Americans are pessimistic the next generation will have a better standard of living than their parents.

By Michelle SingletaryOctober 28, 2022
Advice

You can contribute much more to your 401(k) next year. Thank inflation.

A surge in inflation is helping retirement savers. In 2023, the amount individuals can contribute to their 401(k) plan is getting bumped up to $22,500.

By Michelle SingletaryOctober 26, 2022
Advice

Car buying? Beware of hidden loan markups, especially if Black or Latino.

A $3.38 million FTC settlement exposes a business practice of marking up auto loans that, when applied unevenly, can be discriminatory.

By Michelle SingletaryOctober 21, 2022
Advice

Yes, that letter from the IRS is real. You could be owed $1,400.

The IRS is sending letters to more than 9 million households that may be eligible to claim the last stimulus payment, up to $1,400.

By Michelle SingletaryOctober 19, 2022
Advice

Get inflation-proof bonds paying 9.62 percent while there is still time

Series I savings bonds are a safe bet if a recession hits but time is running out on this rate.

By Michelle SingletaryOctober 14, 2022
EconomyPerspective

With rising rates and rising debt, the taxpayer bill is finally coming due

The U.S. government’s interest payments on its debt could near $570 billion this year, a 45% jump.

By Allan SloanOctober 13, 2022
Advice

A deadline is looming for Public Service Loan Forgiveness waiver

The waiver is to receive credit for payments that did not qualify for the program before.

By Michelle SingletaryOctober 7, 2022
Advice

Kim Kardashian’s $1.26 million SEC fine is pocket change for the star

The SEC charged Kim Kardashian with failing to disclose that she was paid $250,000 to promote a cryptocurrency. But the punishment wasn't harsh enough.

By Michelle SingletaryOctober 5, 2022
Advice

7 ways a recession could be good for you financially

Rising interest rates, high inflation, and stock market tanking all can make for a scary time. But there are some silver linings if we're in a recession.

By Michelle SingletarySeptember 29, 2022
Advice

The latest case against Trump shows history favors the rich

Trump survived because of the willingness of bankers and bondholders to prop him up. But struggling consumers who default on their mortgages or credit card debt face financial ruin.

By Michelle SingletarySeptember 23, 2022