Penelope Singh articles

I'm 65 and my husband wants to buy a timeshare. Is this how we end up broke?

Retirement is supposed to be a time to relax, travel a little, and finally spend your days without alarm clocks or endless meetings. But then your spouse casually drops the bomb: “Honey, what if we buy a timeshare?” So, is this how you go broke?
October 10, 2025 Penelope Singh

Strategies and Tips on Budgeting for the Holidays Without Credit Card Debt

The holiday season brings joy but it can also be very stressful financially. Creating a clear game plan for your spending can enable you to enjoy the holidays without overspending or accumulating new debt.
October 10, 2025 Penelope Singh

My dad refuses to set up a will or trust, claiming that since I'm the only heir, everything will automatically go to me anyway. Now what?

Your dad’s lack of a will could complicate your life after he passes. Without a will or trust, state law decides how his assets will be handled.
October 6, 2025 Penelope Singh

I thought my income from alimony would adjust with inflation, but the fixed payment has left me falling behind as prices keep going up. What now?

Your monthly alimony payments are fixed while inflation keeps rising. We look at how to keep up, whether you can adjust your alimony, or allternatively, find a more lasting solution.
September 30, 2025 Penelope Singh

My mom has early Alzheimer’s and made reckless purchases, but when I asked the bank to cancel her account and credit cards, they refused. What now?

Your mom has been diagnosed with Alzheimer’s and it’s affecting her judgment, but the bank can't cancel her accounts without some key legal steps. Here are the steps you can take to protect her assets.
September 23, 2025 Penelope Singh

I co-signed my brother’s car loan before he vanished in the Alaskan wilderness. He’s listed as a missing person and creditors are after me. What now?

You co-signed your brother’s car loan, but he's now a missing person and creditors are pursuing you. We look at options for managing this difficult situation.
September 12, 2025 Penelope Singh

I took out a home equity line of credit to put in a pool, but the contractor went bankrupt. Now I’m paying for an empty hole in my backyard. Now what?

If you're financing a building project with a HELOC and there are problems with the contractor, you need to take action to maintain your credit as lenders will still want their money.
August 28, 2025 Penelope Singh

We were all set to retire and downsize this year, but our adult son lost his job and moved home. He’s in no hurry to find work or move out. What now?

If an adult child moves home after a job loss, it can throw your retirement plans off course if you're not careful.
August 14, 2025 Penelope Singh

I need my $60K inheritance from Dad’s will to pay my credit card debt, but the executor went on vacation. Now probate is delayed for a year. What now?

It’s difficult to wait for probate while debts go unpaid, but if the executor doesn't act in a timely fashion, your patience will be pushed to its limits.
August 12, 2025 Penelope Singh