Carrie Schwab Pomerantz

Posted February 25, 2015

Dear Carrie: My daughter was lucky enough to receive a significant college scholarship. Is this considered taxable income to her? And does her scholarship limit my ability to claim an education tax credit? -- A Reader

Posted January 28, 2015

Dear Reader: Rather than old-fashioned, I think your question is right on target. Especially with the new one-touch payment methods, such as Apple Pay, it's easier than ever to rely on credit cards.

Posted January 21, 2015

Dear Reader: Although a lot of us may try to forget our age as the years go by, when it comes to reaping the financial rewards of getting older, you're wise to keep certain age-related milestones top of mind. But as might be expected for the rules and regulations surrounding retirement withdrawals and government benefits, it can get complicated.

Posted January 07, 2015

Dear Readers: Are you looking for ways to give your finances a fresh start in 2015? Start with these 10 financial resolutions. They'll not only help you change your financial habits but also give you a fresh way of thinking that will help you make better financial decisions all year long.

Posted November 26, 2014

I'm a fan because I believe that charitable giving can be an important part of just about everyone's life.

Posted November 19, 2014

Dear Carrie: I hope to retire in about five years and am working on reducing my overall debt, including my mortgage. Should I put off retirement until I'm completely in the black? -- A Reader

Posted November 12, 2014

Dear Carrie: Help. I have three young children -- ages 2, 5 and 10 -- and haven't started saving for college for any of them. Is it too late? -- A Reader

Posted October 23, 2014

Dear Readers: The money decisions you make today can lead to either a secure or a scary financial future. Don't be tricked into being complacent. Think ahead, and plan ahead -- and avoid these 13 money mistakes, which could haunt you for years to come.

Posted October 08, 2014

For just about everybody (unless, of course, you're the Duchess of Cambridge), having a second baby is a financial, as well as an emotional, decision. That's because kids today come with a hefty price tag. According to the U.S. Department of Agriculture, the cost of raising a child to age 18 is now upward of $245,000.

Posted October 01, 2014

Dear Reader: As I'm sure you know, an inheritance can bring up conflicting emotions, placing the positive of financial gain against the sadness of losing a loved one. Complicating the situation further, certain inheritances -- such as an IRA -- are more difficult to sort out than others.

Posted September 03, 2014

Dear Readers: Last week, I wrote about teaching basic money skills to young kids. That's important, but it's even more crucial for teens to understand things like budgeting, saving and making smart spending decisions. In an uncertain economic world, these kids are going to have to take care of themselves financially. Are they being prepared? Read on for an eye-opening assessment of financial literacy in the U.S. and some ideas on how you can help your teen down the right path.

Posted August 27, 2014

When kids first learn about addition, it can be very eye-opening. Numbers aren't just squiggles on a page; they have real meaning! So why not use this aha moment to give your kids a chance to do some practical addition and subtraction?

Posted August 06, 2014

Renting vacation homes, or even a part of your primary residence, is becoming more common thanks to a variety of online sites that make it easy to market property and attract renters. But just because it's easier to attract renters doesn't mean there aren't other obstacles.