Chris Farrell

Columnist
Your Money
Chris Farrell is economics editor for American Public Media's weekly "Marketplace Money" show and author of "The New Frugality." He answers reader questions on most Sundays. Send questions to cfarrell@mpr.org and put "Your Money" in the subject line.

Latest from Chris Farrell

Real Estate

L.A. wildfires another reminder: U.S. needs more affordable homeowners insurance system

The homeowners insurance market totals some $15 trillion, with prices up 74% since the Great Recession after adjusting for inflation, per a Harvard study.
January 18, 2025
Business

Improve your credit score post holiday splurge with these tips

A good credit score can help you qualify for loans and find housing.
January 11, 2025
File - Credit cards as seen July 1, 2021, in Orlando, Fla. A low credit score can hurt your ability to take out a loan, secure a good interest rate, or increase a credit card spending limit. (AP Photo/John Raoux, File)
Business

Time is a scarce resource, so choose a resolution worth the effort

The dawn of the New Year is an irresistible time for retrospection and prognostication.
December 28, 2024
FILE — Confetti falls as people celebrate the new year in New York's Times Square, Jan. 1, 2017. Crowds will once again fill New York's Times Square this New Year's Eve, with proof of COVID-19 vaccination required for revelers who want to watch the ball drop in person, Mayor Bill de Blasio announced Tuesday, Nov. 16, 2021. (AP Photo/Craig Ruttle, File)
Business

Continuing to invest in your human capital will boost your finances later in life

More people in the second halves of their lives are embracing late-life jobs and careers, which can bring both income and meaning.
December 21, 2024
Business

What aging parents can do now to help their adult children care for them later

About one-quarter of U.S. adults belong the sandwich generation, according to Pew Research Center. This group has to juggle caring for children and older parents all while still working.
December 14, 2024
istock family generations
Business

Conversations with family, friends are critical to estate planning

Your will, estate plan and end-of-life wishes will communicate to your loved ones what to do with your assets after your death.
December 7, 2024
Business

Employ ‘creative thoughtfulness’ to avoid overspending this holiday season

Two out of every three surveyed in Thrivent’s 2024 Holiday Spending Survey expressed concerns about how they’ll manage their holiday expenses this year.
November 30, 2024
Economy

Assess your financial risk before new policies affect the economy

The Trump administration comes into power with many policy goals, including economic initiatives like enacting significant tax cuts; imposing broad-based and significant tariffs; sweeping raids, mass deportations and tighter immigration controls; and slashing federal government regulations.
November 23, 2024
FILE -- President Donald Trump signs the tax reform bill in the Oval Office of the White House in Washington, Dec. 22, 2017. Republicans are pouring government stimulus into a steadily strengthening economy, adding economic fuel at a moment when unemployment is low and wages are beginning to rise, a combination that is stoking fears of higher inflation and ballooning budget deficits. (Doug Mills/The New York Times)
Business

What aging parents can do now to help their adult children care for them later

About one-quarter of U.S. adults belong the sandwich generation, according to Pew Research Center. This group has to juggle caring for children and older parents all while still working.
December 14, 2024
istock family generations
Business

Conversations with family, friends are critical to estate planning

Your will, estate plan and end-of-life wishes will communicate to your loved ones what to do with your assets after your death.
December 7, 2024
Business

Employ ‘creative thoughtfulness’ to avoid overspending this holiday season

Two out of every three surveyed in Thrivent’s 2024 Holiday Spending Survey expressed concerns about how they’ll manage their holiday expenses this year.
November 30, 2024
Economy

Assess your financial risk before new policies affect the economy

The Trump administration comes into power with many policy goals, including economic initiatives like enacting significant tax cuts; imposing broad-based and significant tariffs; sweeping raids, mass deportations and tighter immigration controls; and slashing federal government regulations.
November 23, 2024
FILE -- President Donald Trump signs the tax reform bill in the Oval Office of the White House in Washington, Dec. 22, 2017. Republicans are pouring government stimulus into a steadily strengthening economy, adding economic fuel at a moment when unemployment is low and wages are beginning to rise, a combination that is stoking fears of higher inflation and ballooning budget deficits. (Doug Mills/The New York Times)
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