Michelle Singletary

How to Afford the Growing Expenses of Raising a Child

By Michelle Singletary, Posted April 17th, 2014

When I was having my first child, my friends and family were very concerned.

Knowing my penny-pincher nature, they weren’t sure I would buy much of anything for my newborn. So they threw me a shower. I received some wonderful and thoughtful gifts.

But you know what?

Most of the... READ MORE

Michelle Singletary

Should Student Athletes be Paid?

By Michelle Singletary, Posted April 11th, 2014

The U-Conn. Huskies’ star guard, Shabazz Napier, told reporters that sometimes he goes to bed “starving” because he can’t afford food, reports The Washington Post’s Soraya Nadia McDonald.

That’s a sad statement, considering Napier was named most outstanding player after... READ MORE

Michelle Singletary

How to Talk to Your Adult Children About Caretaking

By Michelle Singletary, Posted April 3rd, 2014

As parents, we care for our children until they can fend for themselves. Then one day, the roles are reversed. Our kids become the caretakers.

Perhaps you won’t need assistance in your senior years. You would be one of the lucky ones. The fact is that about 70 percent of people... READ MORE

Michelle Singletary

Baby boomers and Millennials May Have to Fight Over Benefits

By Michelle Singletary, Posted March 20th, 2014

It’s no secret that many members of the millennial generation are struggling financially. They may be the first cohort to end up worse off than their parents.

The sheer number of millennials — about 80 million — makes them a significant force in the U.S. economy.... READ MORE

Michelle Singletary

How To Get The Best 401(k)s Plan Fees

By Michelle Singletary, Posted March 13th, 2014

You may not believe it, but there really are government forces trying to help you become better informed about your workplace retirement plan.

I wonder whether their efforts are in vain.

The Department of Labor is moving ahead with a proposal for transparency, opening a 90-day comment period for a proposed... READ MORE

Michelle Singletary

How-To Do A Budget [VIDEO]

By Michelle Singletary, Posted March 7th, 2014

 

How do you know how much money you have and whether you’re spending it on the things that matter to you? How do you make sure you’re paying down your debts at the right pace? By doing a budget.

In this video recorded from a live Google Hangout, nationally syndicated personal finance columnist... READ MORE

Michelle Singletary

Getting Into The Savings Habit

By Michelle Singletary, Posted February 21st, 2014

As we get further away from the horrors of the Great Recession, it becomes easier for Americans to fall back into bad financial habits.

One of those bad habits was not putting enough into a rainy day fund. Even when money is tight and you are trying to pay off debts, you have to save.

To help people understand... READ MORE

Michelle Singletary

Valentine’s Day: Your Money and Your Honey

By Michelle Singletary, Posted February 14th, 2014

Ah, love reigns on Valentine’s Day. Or at least, to hear the retailers tell it, the love is sweeter when you present your sweetie with some bling, flowers and/or candy.

However, add in any conversation about money and the love is gone, some folks think.

But is it unromantic to mix love... READ MORE

Michelle Singletary

Should Parents Financially Support Children pre- and post-College

By Michelle Singletary, Posted February 7th, 2014

Everybody knows that one of the top issues that couples fight about is money. But this same type of drama can play out between siblings, parents and extended family members. I’ve learned from my own share of family financial issues that have fractured relationships.... READ MORE

Michelle Singletary

For Job Security, Try Something on the Side

By Michelle Singletary, Posted January 31st, 2014

Do you fear losing your job?

If so, you are like a lot of people these days — and you’ll be interested in “The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life” by Kimberly Palmer. It is the Color of Money Book Club selection for February.... READ MORE