Michelle Singletary

Is there a freeloader living in your home? Set some ground rules

If you’re going to allow a friend or relative to live with you for financial reasons, there needs to be a plan in place before… Continue reading

Can college savings plans be used to buy something else?

When it comes to tax-advantaged investment funds, the rules about withdrawing the money can leave people confused. In a recent column, I debunked five myths… Continue reading

Are you responsible for financially irresponsible parents?

What responsibility do you have to take care of financially irresponsible parents in their old age? This is a question I get quite often. I… Continue reading

New retirement rule may not prevent bad advice

You don’t have to take the advice of your financial adviser. I need to say this because, already, some investment professionals are scaring clients into… Continue reading

A millennial’s refreshing perspective on personal finance

Millennials get a bad rap when it comes to how they handle their money. They are ridiculed for moving back home after college. They are… Continue reading

New rule on retirement savings is in your best interest

Investors are about to get some major help in determining which financial advisers are working in their best interest. After a long battle, which still… Continue reading

The class of 2017 still has more to learn about student loans

After all their hard work, the college class of 2017 is finally enjoying the real world and all its “perks,” including having to pay back… Continue reading

Millennials moving in doesn’t signal financial failure

There’s a lot of debate about how to teach children to become financially responsible adults. Should you give them an allowance? What a about paying… Continue reading

Debunking 5 myths about 529 college savings plans

Even though it’s been around for 21 years, many people still don’t know what a 529 plan is. Seven out of 10 Americans couldn’t identity… Continue reading

Like the Tinman, Trump’s budget proposal has no heart

Apparently the Trump administration wants to balance the federal budget in part on the backs of the poor, the sick and the marginalized. In the… Continue reading

Whether there’s a ‘Trump bump’ or ‘Trump slump,’ keep a long-term view

There’s at least one certainty about the stock market. It’ll go up and eventually come down. Last week, we witnessed this truth about investing. The… Continue reading

When it’s time to pay off college debt, there’s no place like home

How long is too long for young adults to live at home after college? Responding to a recent survey by TD Ameritrade, teenagers on average… Continue reading

‘Grandfamilies’ deserve our attention and a helping hand

Pardon the interruption. But may I have your attention for a moment about some serious legislative business that affects family finances? It hasn’t gotten much… Continue reading

Congress needs to better understand struggling families

Twin reports by the Pew Charitable Trusts substantiate what too many people know first-hand. Despite a better economy, a lot of families are struggling financially.… Continue reading

Give your millennial this all-in-one financial guide

Perhaps you’re a good money manager and you taught your children well. Or maybe you struggle royally with your finances and haven’t passed on good… Continue reading

Don’t let Congress hamper retirement plans for small businesses

I’m at a loss as to why some Republicans on Capitol Hill want to block the creation of workplace retirement plans for small-business employees. We… Continue reading

How my daughter managed to finish college debt-free

By May 1, high school students nationwide will decide where to go to college and, for many, with that decision will come debt. In the… Continue reading

Five lessons we can learn from federal workers facing furlough

A lot of federal workers are in fear of a furlough. There have been signs lately that Congress and the president will end up compromising… Continue reading

Before you send your child to college, listen to my daughter

My husband and I recently invited our daughter, Olivia, to speak to students attending the money-and-marriage class that we teach at our church. The couples… Continue reading

There is no such thing as good debt and bad debt — only debt

When it comes to your personal finances, you have to play mind games. Because the road to financial success starts with how you think about… Continue reading