Chris Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media. Chris is also economics correspondent for Marketplace, the largest business program in broadcasting and chief economics correspondent for American RadioWorks, the largest producer of long-form documentaries in public radio. He is also contributing economics editor at Business Week magazine. He was host and executive editor of public television’s Right on the Money. He is the author of two books: Right on the Money: Taking Control of Your Personal Finances, and Deflation: What Happens When Prices Fall. Chris is a graduate of Stanford and the London School of Economics.
Posted In: emergency savings, Savings, family finances, budget
How do you recommend investing funds in an emergency savings account? Peter, Cherry Hill, NJ
Posted In: Investing, Chris Farrell, Commentaries
An old investing maxim is taken to task.
Posted In: Savings, refinancing, retirement savings, student loans
My wife and I recently refinanced our home. We paid off the home equity line and the existing mortgage, and now our monthly payments are $500 less than they were previously. What should we do with these savings? Thank you. Jeff, Amherst, MA
Posted In: inflation, Investing, inflation hedges
What's the best way to hedge against the risk of higher inflation rates? The timing is murky, but it's a prudent bet to anticipate a resurgence in inflation.
Posted In: joint venture
As a way to deal with tighter credit and expand in a global economy, more and more companies are getting into joint ventures. We explore the pros and cons.
Posted In: Personal Finance, couples and money, money and love
I am getting married next year and would love a good book idea about combining finances with a spouse. Nate, Cincinnati, OH
Posted In: retirement savings, 401(k), Roth-IRA, traditional ira, taxable accounts
I just graduated from law school and found the perfect job for me. Unfortunately, it does not offer a 401(k). I have a number of old 401(k)s from previous jobs, including a few that have been rolled over into Roth IRAs. Because I was in school for 3 years, I haven't been adding to my retirement saving for that period, thinking I could "make it up." To top it all off, my husband and I now make in excess of the maximum for IRA contributions. How should I be saving for retirement at this point? Jane, Los Angeles, CA
Posted In: federal student loans, student loans, public service jobs
Did I hear you say on one of your previous programs that seniors who have been paying on student loans for 10 years or more can have the debts dismissed? Mine are a consolidation of federal loans and I haven't missed a payment in the past 10 years. Helen, Portland, OR
Posted In: home, homeownership, homeownership rate, rent
At 65.4 percent, we may be closing in on a "natural rate" of homeownership for the economy and society.