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My inbox has piled up, which means that it’s time for a column devoted to your questions. If you have one — or a comment about a recent article — just send an email to: askjill@jillonmoney.com.

Question: I manage my own investments but have also hired a fee only CFP to help with my overall planning and also to keep me on track. She is ...Read more

One of the perennial questions asked during a presidential election season is: “Are you better off than you were four years ago?”

The answer often gets wrapped up in emotions and behavioral biases that do not always sync up with data. For a numbers nerd like me, that’s frustrating, so let me state from the top that this column is not ...Read more

As widely expected, the Federal Reserve cut interest rates for the first time since March 2020. The half of a percentage point reduction from 23-year highs brings the federal funds rate to a range of 4.75–5.00 percent, a level that is still pretty steep for anyone seeking to borrow money or for those who are trying to pay down credit card ...Read more

When it was released a month ago, the July jobs report sparked worries that the economy was careening towards a recession, which along with the unwinding of a big bet where traders borrowed cheap money from the Japanese government and reinvested it around the world to earn higher returns (aka "the carry trade"), caused a nasty sell-off in global...Read more

It’s that time of year, when millions of kids head back to school. As you settle into your routine, here’s a gentle reminder: Now is the time for parents, grandparents, caregivers, and friends of young people to talk about money. Why now? Because just like almost every hard conversation, now is a better time than later.

The goal is to help ...Read more

Recently, a number of young renters have been in touch with me to discuss re-starting their home buying journeys.

These soon-to-be-first timers were encouraged by the recent reduction in mortgage interest rates and the ability to finally find a house that they really want. As a bonus, the past two years of renting has allowed them to accumulate...Read more

Just in time for my annual column about everyone’s favorite benefit, Social Security, the government announced an overhaul to its online portal, SSA.gov.

The change impacts millions who are receiving or intend to receive Social Security retirement benefits and also younger workers who are interested in using helpful tools to calculate future ...Read more

In the category of “we like good news too,” the 2024 Medicare Trustees Report showed improvement.

Yes, there are still long-term structural problems, caused by a combination of an aging population and rising health costs, but the Hospital Insurance (HI) program deficit narrowed and “the year of depletion of trust fund reserves has been ...Read more

The July jobs report should have been dedicated to the Hollywood classic, All About Eve where Bette Davis’ character Margo Channing warned partygoers, “Fasten your seatbelts; it's going to be a bumpy night.”

The same could be said of the labor market, which is slowing down faster than expected and putting the Federal Reserve’s much-...Read more

When the government released its most recent update on U.S. economic growth (Gross Domestic Product or GDP), it was a classic “upside surprise.”

The economy expanded by an annualized pace of 2.8 percent in the second quarter, far ahead of expectations of 2%, and a big jump from the first quarter result of 1.4%.

The result was a joint ...Read more

This may be one of those indicators that signals the top of the stock market, but I have recently been inundated with a slew of questions that boil down to this: Should I fire my financial advisor?

Maybe investors think that it’s easy to rack up double-digit returns, because that’s what’s happened over the past 18 months or so.

In 2022, ...Read more

When the government released the June Consumer Price Index, there was a sigh of relief among economists.

The overall CPI rate actually slid by 0.1 percent in June from May. For the 12 months through June, CPI increased by 3% and the core rate, which strips out food and energy, was up 3.3%, the smallest 12-month increase since April 2021.

Let�...Read more

It’s that time of year, when the inbox is bulging, so time to get cracking on a lightning Q&A!

Question: I will be receiving $160,000 from a life insurance policy. I do not want to risk it in the stock market -- I want to put it somewhere safe where it'll be able to earn some interest. Your thoughts?

Answer: You can investigate government ...Read more