Ask Kim

Dear Kim,  My daughter is 16.  My ex-husband pays child support, but that support is scheduled to end in 18 months when my daughter turns 18 and graduates high school. I’m re-evaluating my budget with this upcoming loss of support while also… Read more »

Feb 3. 2025 (2 PM ET) Over the weekend, the Trump administration placed tariffs on imported goods from several key US trading partners including Mexico (25%), Canada (25%, except energy imports which receive a 10% tariff), and China (10%). Canada has already… Read more »

Dear Kim, The new year is finally here, and one of my resolutions (besides spending more time hiking and less time watching Netflix) is beginning to devote time to planning for my retirement. I turn 55 in April, and I plan to… Read more »

Dear Kim, Merry Christmas Kim! I have a two-part question for you as 2024 winds down. I realized that I haven’t taken the time to maximize my catch-up contributions to my IRA and 401k plans. I think I have until December 31st… Read more »

Dear Kim, Since Thanksgiving is next week I wanted to first thank you for all your sage and thymely (pun intended) advice. Although we have two incomes, with two kids and a third one on the way, money can be tight. As… Read more »

Dear Kim, As a recently divorced woman I am now in charge of financial matters, which my former partner used to manage. I know (or have been told) that stocks are a great form of investing, and I would like to get… Read more »

Dear Kim, As the sole provider for my family I have been shocked by the series of hurricanes and floods currently affecting our nation. We live in an area not directly affected by hurricanes, but neither did the people in Western South… Read more »

Dear Kim, Dear Kim, although I am only in my late 40’s I realized that my parents are approaching retirement age. Should my financial plans include contingencies for their care and future needs, like assisted living? Where should I start, and what… Read more »

Dear Kim, I have seen on Social Media and the news a lot of reports about crypto tokens like BitCoin, and I know their value seems to go really high and then drop seemingly overnight. Some notable investors like Warren Buffett hate… Read more »

Dear Kim, I’m currently going through a divorce that I did not see coming, and the financial aspects are overwhelming. My soon-to-be-ex husband and I have an adult son that is developmentally delayed and lives with me, but we’ve not made any… Read more »

Dear Kim, I recently lost my husband to a long cancer struggle, and amidst the emotional turmoil, I’m struggling to manage our estate and financial plans. We had shared financial goals and responsibilities, and now I find myself uncertain about how to… Read more »

Dear Kim, I’ve spent many years building my career in a single industry, but I’m now contemplating a significant career change. This new path is something I’m passionate about, but it may initially come with a lower salary, and the transition feels… Read more »