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Emergency Fund 101

by
Chris Farrell
May 21, 2012
How do you recommend investing funds in an emergency savings account? Peter, Cherry Hill, NJ

Cash flow liberated by refinancing

by
Chris Farrell
May 18, 2012
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

Advice on combining finances for couples

by
Chris Farrell
May 17, 2012
I am getting married next year and would love a good book idea about combining finances with a spouse. Nate, Cincinnati, OH

Why early retirement may not be good for your health

Interview with
Stephen Dubner
May 17, 2012
Freakonomics Radio explores the hidden side of early retirement.

Savings strategies after locking in a low rate

by
Chris Farrell
May 11, 2012
My husband and I just refinanced our house at a great rate (15-year fixed mortgage at 2.875 percent). Our house payment is low and we can afford to pay more each month. Would the best use of our money be to pay down the principal on this low-interest loan or put extra away for retirement or for our children's college fund? We have two young children and are in our late 20s/early 30s. Thanks for your help! Katie, Helena, MT

Letters: Creating a paper trail

Interview with
Paddy Hirsch
May 14, 2012
Our weekly dive into the mail bag, and L.A. Times personal finance columnist David Lazarus helps a caller with a question about record-keeping.

My mom, the comeback kid

by
Jen Miller
May 24, 2012
Jen Miller's face -- and her money habits -- mirror her mother's.

A college graduate and savings

by
Chris Farrell
May 9, 2012
I am a 25-year-old college graduate with approximately $27,000 of student debt. I have been unable to find a job since graduating and am making $1,000 a month, give or take. I now have $1,500 in my checking and $1,000 in savings. This is the most money I have had at one time and am unsure how best to utilize it. My savings account is for emergencies. My budget allows for $150 a month of disposable income. Should I contribute what remains of my disposable income to the loans, save it or try to invest it? I am currently paying $100 a month to the loans to maintain activity. Thank you for your time. Nathaniel, Raynham, MA

A startling health-care bill

by
Chris Farrell
May 9, 2012
The mutual fund giant Fidelity calculates that a 65-year-old couple retiring in 2012 will need around $240,000 to cover medical expenses through their retirement. Ouch!

Unforeseen retirement expenses

by
Chris Farrell
May 7, 2012
When estimating expenses in retirement, it's good to think about family and friends, as well as the mortgage, utilities, food, clothes, and other financial-planning staples.

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