Michelle Singletary

Michelle Singletary

@michellesingletary.bsky.social

🗞️ The Washington Post personal finance columnist 🎙️ host, Dollars & Sense with Michelle Singletary 📖 author, "The 21 Day Financial Fast"

1.9K followers239 following289 posts

Michelle Singletary
@michellesingletary.bsky.social

Too often, personal finance advice focuses on the runway to retirement. The basic advice is the same: Save so you can retire. But what happens after you’ve reached that point? The new episode of my vodcast, Dollars & Sense with Michelle Singletary, is available now!

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Michelle Singletary
@michellesingletary.bsky.social

Too often, personal finance advice focuses on the runway to retirement. The basic advice is the same: Save so you can retire. But what happens after you’ve reached that point? The new episode of my vodcast, Dollars & Sense with Michelle Singletary, is available now!

Michelle Singletary reposted

Consumers for Auto Reliability and Safety
@autosafety4all.bsky.social

Trying to decide whether to keep your car or buy another one? Which makes more sense - new or used? Smart tips from @michellesingletary.bsky.social can save you a LOT of $$. wapo.st/4yw2vO0

wapo.stColumn | The new vs. used car debate is dead. They’re both expensive debt traps.A record number of buyers — of both new and used vehicles — are locked into monthly payments of $1,000 or more, new data shows.
Michelle Singletary
@michellesingletary.bsky.social

It's launch week ✨ My new video podcast, Dollars & Sense with Michelle Singletary premiers Tuesday!! Regular people, regular advice. No get-rich-quick. No schemes and scams. Just making your paycheck work for you. Tune in wherever you get your podcasts.

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Michelle Singletary
@michellesingletary.bsky.social

It's launch week ✨ My new video podcast, Dollars & Sense with Michelle Singletary premiers Tuesday!! Regular people, regular advice. No get-rich-quick. No schemes and scams. Just making your paycheck work for you. Tune in wherever you get your podcasts.

Michelle Singletary reposted

Consumers for Auto Reliability and Safety
@autosafety4all.bsky.social

To lease or not to lease? Wise advice for car shoppers from @michellesingletary.bsky.social about how to avoid getting trapped in a cycle of debt. @consumerfed.bsky.social @nclc4consumers.bsky.social @seiu1021.bsky.social @nationalnurses.bsky.social #cars #loans #leasing #scams wapo.st/4pEsDmF

wapo.stColumn | I tell people never to lease cars — except in this scenarioIf you’re determined to lease, it might be a better option than being upside-down on a car loan.
Michelle Singletary
@michellesingletary.bsky.social

✨️IT'S HAPPENING✨️ I am so excited to announce that I'll be hosting my own podcast! FINALLY! This has been a long time coming for myself and for many of you who have asked me to do this throughout the years. Tell everyone to follow me now so no one misses the premiere. Will you be listening?

Michelle Singletary reposted

Consumers for Auto Reliability and Safety
@autosafety4all.bsky.social

GREAT reporting by @michellesingletary.bsky.social about the pitfalls of falling into car buying traps set by greedy car dealers & predatory auto lenders. Among other harms -- over-paying for a car can cost you the ability to afford a home. @consumerfed.bsky.social wapo.st/3TCbDl5

wapo.stColumn | More people have a $1,000 car payment. Here’s how it traps you.The average financed new-vehicle purchase rose to an all-time high of $44,156 in the second quarter, and payments are sapping people’s ability to build wealth.
Michelle Singletary
@michellesingletary.bsky.social

TODAY is your last chance to file for your right to any potential refund from the IRS. youtube.com/shorts/193hB...

youtube.comLast chance to sign up for a potential pandemic-era tax refundYouTube video by Michelle Singletary
Michelle Singletary@michellesingletary.bsky.social

URGENT ‼️ You could be owed a refund from the IRS. (No, this isn't a scam!) A little-known decision — Kwong v. United States — centered on how the IRS handles tax filing and payment deadlines during a national disaster. Here's how to file for yours. www.washingtonpost.com/business/202...

washingtonpost.comColumn | Missing this July 10 deadline could cost you an IRS tax refundIf you paid IRS penalties or interest between 2020 and 2023, this deadline applies to you.
Michelle Singletary
@michellesingletary.bsky.social

Here's a FREE LINK to help spread the word wapo.st/4eRYwoc

wapo.stColumn | Missing this July 10 deadline could cost you an IRS tax refundIf you paid IRS penalties or interest between 2020 and 2023, this deadline applies to you.
Michelle Singletary@michellesingletary.bsky.social

URGENT ‼️ You could be owed a refund from the IRS. (No, this isn't a scam!) A little-known decision — Kwong v. United States — centered on how the IRS handles tax filing and payment deadlines during a national disaster. Here's how to file for yours. www.washingtonpost.com/business/202...

washingtonpost.comColumn | Missing this July 10 deadline could cost you an IRS tax refundIf you paid IRS penalties or interest between 2020 and 2023, this deadline applies to you.
Michelle Singletary
@michellesingletary.bsky.social

URGENT ‼️ You could be owed a refund from the IRS. (No, this isn't a scam!) A little-known decision — Kwong v. United States — centered on how the IRS handles tax filing and payment deadlines during a national disaster. Here's how to file for yours. www.washingtonpost.com/business/202...

washingtonpost.comColumn | Missing this July 10 deadline could cost you an IRS tax refundIf you paid IRS penalties or interest between 2020 and 2023, this deadline applies to you.
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Michelle Singletary
@michellesingletary.bsky.social

In all cases, you can fulfill your social obligation by sending a nice, handwritten card. A note that says, “Congratulations on this great achievement, and wishing you the absolute best in your next chapter!” is polite and appropriately honors their hard work.

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Michelle Singletary
@michellesingletary.bsky.social

Outer Circle (distant relatives and peripheral friends) If you receive an announcement from a cousin you haven’t seen in a decade, an old neighbor or a friend you only keep up with via social media updates, a gift is absolutely not necessary.

Michelle Singletary
@michellesingletary.bsky.social

Casual Connections (acquaintances) If you open an envelope or a text message from someone with only a passing relationship, and your immediate reaction is, “Why am I getting this?” it may be a gift grab. Feel free to ignore it if there is no meaningful connection.

Michelle Singletary
@michellesingletary.bsky.social

Inner Circle (close family and friends) I would give a gift to anyone in this circle, especially if you are invited to a graduation party. The amount is up to your relationship with the graduate and your budget. Don't feel pressured to give more than you can afford.

Michelle Singletary
@michellesingletary.bsky.social

‘Boomerang kids’ are the new normal. 44% of U.S. parents with adult children ages 18 to 35 say a child has moved back home at some point, according to a recent poll by Thrivent. Here's how to cohabitate without resentment. www.washingtonpost.com/business/202...

washingtonpost.comColumn | ‘Boomerang kids’ are the new normal. Here are the financial ground rules.How to set expectations around paying rent and more for adult children newly living at home.

Michelle Singletary reposted

b💀💀swax 🪷 🇺🇸
@missbeeswax.bsky.social

Replying to @lorennacleary.bsky.social

Michelle Singletary @michellesingletary.bsky.social at WaPo writes a personal finance column and also tries to connect the dots to macro issues Example: nationalpress.org/topic/coveri...

nationalpress.orgCovering Inflation's Crushing Impact on Women's Retirement Security - National Press FoundationA panel of experts explore AARP survey data highlighting how the gender gap and caregiving woes are crushing older women's retirement security. But will it impact the outcome of mid-term elections?
Michelle Singletary
@michellesingletary.bsky.social

When you leave a job, your employer doesn’t have to keep your 401(k) savings in its plan if it’s below a certain amount. No surprise that many people take the cash. This leakage amounts to significant dollars left on the floor. www.washingtonpost.com/business/202...

washingtonpost.comColumn | You could be losing thousands every time you change jobsThe hassle of shifting money from one retirement account to another often results in people undermining their savings efforts and goals.
Michelle Singletary
@michellesingletary.bsky.social

Have you filed your taxes yet? For most taxpayers, the federal tax deadline to file returns or request an extension is April 15. Do you have any lingering questions about your taxes? Reply, DM, or email ColorOfMoney@washpost.com. Look for my Q&A session with a tax expert coming very soon!

Michelle Singletary
@michellesingletary.bsky.social

Okay, okay. I asked for your unhinged penny-pinching techniques so it's only right if I share mine. My husband was not happy when I did this. (But we laugh about it now!) www.washingtonpost.com/business/202...

washingtonpost.comColumn | The day I ran out of gas chasing a deal, and other extreme saving hacksAs gas prices compound affordability issues, many people are going to want to reassess their budgets. But some hilarious frugal habits may take things too far.
Michelle Singletary
@michellesingletary.bsky.social

Rising costs may have you considering new ways to save money. But can you be too cheap? I’ve heard some pretty extreme stories over the years, like the reader who would reuse tea bags three time! Tell me your wackiest money-saving story. You may be featured in my next column or on my social media.