Michelle Singletary

Trying to claim deceitful deductions could get you put in the doghouse

Given how much we spend on our family dog Simba, he’s like a dependent. Thank goodness he doesn’t have to go to college, although we… Continue reading

How to tell if your tax preparer is a crook

You want to save money on the cost of preparing your taxes, so you use a guy your friend recommends. The tax preparer has a… Continue reading

Read how the rich think if you want to live well and prosper

The architect of investment giant Berkshire Hathaway thinks too much diversification is nuts. What? Charlie Munger, Warren Buffett’s longtime business partner and the vice chairman… Continue reading

Parents take a risk when they co-sign for student loans

Your children want to go to college, and you’ll do whatever it takes to get them the education you believe is a prerequisite for prosperity.… Continue reading

With family money squabbles, sometimes all you can do is watch

and the person is intent on plowing ahead despite your warnings — sometimes all… Continue reading

Finanacially irresponsible sister causes family stress

I spend a lot of time coaching people about money management. Without a doubt, the saddest sessions are when people fight with family about finances.… Continue reading

How to manage your finances amid an unpredictable administration

President Trump’s unpredictability, policy plans and political stumbles are scaring some investors. Perhaps this question from a reader sums up the level of concern I’m… Continue reading

Do we need a rule to ensure ethical financial advice?

Some of my Facebook followers were recently debating the merits of the Department of Labor’s “fiduciary rule,” which is slated to take effect on April… Continue reading

Even if you’re dying to get your tax refund, don’t pay for an advance

I was mad about the hit television series “Mad Men.” So I hope Jon Hamm, the lead actor in the drama, doesn’t take this the… Continue reading

Stop basing your financial decisions on ‘alternative facts’

A friend recently joked to me about how people sometimes resort to “alternative facts” when it comes to their money. And it’s true. They tell… Continue reading

Our children need to see — for real — how much money it takes to live

Given what’s going on in the world of politics, and the whipsaw trading in the stock market, maybe you could use some laughs. I know… Continue reading

You need to save tax documents for three years — or longer

The other day, I sat on the couch in my home office and read a book. A few weeks ago, I couldn’t find a place… Continue reading

How (and when) to clear out your financial paperwork

The other day, I sat on the couch in my home office and read a book. A few weeks ago, I couldn’t find a place… Continue reading

Most of us have too many paper records stashed away

stuffed in closets, file cabinets and shopping… Continue reading

If you’re deep in credit mess, don’t be afraid to clear clutter

In communicating the message that credit matters, we have made some people scared about making certain moves that are in their best interest. Many people… Continue reading

It’s time to assess your home and finances

This is it. This is the year you will get your house in order. You will clear away the clutter. You will get rid of… Continue reading

Your house and your finances can both use decluttering

It is still that time of the new year when we make promises to ourselves. I think everyone loves the opportunity for a fresh start.… Continue reading

The past year has taught us big lessons about our finances

There’s a reason your car has a rearview mirror. You have to see what’s behind you. So, let me look back at the year’s 10… Continue reading

Changing the conversation on your year-end financial checklist

What financial power moves do you plan before the year ends? In the past, I’ve provided my own year-end financial checklist. But this… Continue reading

Those who buy crummy gifts are often sending a message

In this season of generosity, you want to give the perfect present, right? Or maybe, you don’t. Research by Deborah Cohn, marketing professor at the… Continue reading