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

Charitable giving is on the rise in the U.S., a sign of sound money management

Total donations by individuals, bequests, foundations and corporations to nonprofit organizations in 2024 rose by 6.3% to a record $592.5 billion, according to the latest report from the Giving USA Foundation.
July 5, 2025

Amid messiness at the Social Security Administration, more people are taking benefits early

It pays to wait until you’re 70 to collect Social Security, but more are taking it in their early to mid 60s, opting for lower payouts.
June 28, 2025

Prime earning years often coincide with caregiving needs. Here’s how to navigate

Some employers offer benefits for both child and elder care, but many other resources are scarce.
June 21, 2025
Cropped shot of a female caregiver comforting a senior woman

Plan ahead to avoid financial, health care mistakes later in life

Early estate planning can pay off in the long run.
June 14, 2025
The wish to leave our heirs with a legacy is powerful. Don't leave them without an estate plan.

No place for cryptocurrency in retirement portfolios

Don’t fall for the siren song of cryptocurrencies: Crypto is a volatile asset with no legitimate economic purpose.
June 7, 2025

Despite expense, long-term financial return on bachelor’s degree still beats other options

In the short term, a two-year degree can pay off more quickly.
May 31, 2025
FILE - In this Friday, May 12, 2006, file photo, university students in their caps and gowns are silhouetted as they line up for graduation ceremonies in Lawrenceville, N.J. Students drop out of college for a mix of personal, financial and academic reasons, but there are resources for those who want to finally earn a degree.

Warren Buffett’s retirement marks end of an investing advice era

Investing in Berkshire Hathaway starting in the mid-1960s would have netted you more than a billion dollars by now.
May 24, 2025
Warren Buffett, chairman of Berkshire Hathaway Inc., tours the exhibition floor prior to the Berkshire Hathaway shareholders meeting in Omaha, Nebraska, U.S., on Saturday, May 3, 2014. Yesterday, Berkshire Hathaway Inc. said first-quarter profit fell 3.8 percent on reduced earnings from Chairman Warren Buffett's derivatives wagers and underwriting at insurance businesses. Photographer: Daniel Acker/Bloomberg Warren Buffett

Department of Government Efficiency causing confusion about when to claim Social Security

Common advice is to delay as long as possible once you reach claiming age of 62 to 70.
May 10, 2025

No place for cryptocurrency in retirement portfolios

Don’t fall for the siren song of cryptocurrencies: Crypto is a volatile asset with no legitimate economic purpose.
June 7, 2025

Despite expense, long-term financial return on bachelor’s degree still beats other options

In the short term, a two-year degree can pay off more quickly.
May 31, 2025
FILE - In this Friday, May 12, 2006, file photo, university students in their caps and gowns are silhouetted as they line up for graduation ceremonies in Lawrenceville, N.J. Students drop out of college for a mix of personal, financial and academic reasons, but there are resources for those who want to finally earn a degree.

Warren Buffett’s retirement marks end of an investing advice era

Investing in Berkshire Hathaway starting in the mid-1960s would have netted you more than a billion dollars by now.
May 24, 2025
Warren Buffett, chairman of Berkshire Hathaway Inc., tours the exhibition floor prior to the Berkshire Hathaway shareholders meeting in Omaha, Nebraska, U.S., on Saturday, May 3, 2014. Yesterday, Berkshire Hathaway Inc. said first-quarter profit fell 3.8 percent on reduced earnings from Chairman Warren Buffett's derivatives wagers and underwriting at insurance businesses. Photographer: Daniel Acker/Bloomberg Warren Buffett

Department of Government Efficiency causing confusion about when to claim Social Security

Common advice is to delay as long as possible once you reach claiming age of 62 to 70.
May 10, 2025
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