Layoffs have sent waves of concern among workers, making many people wonder what they'd do if they lost their job. According to a recent Federal Reserve report, 24 percent of adults indicated they would have trouble paying monthly bills if they were laid off. So we thought we'd bring in a Wall Street veteran and financial expert for some tips on how to navigate losing your job. Vivian Tu, CEO and founder of Your Rich BFF, joined Cheddar News to break it down.
It's expected that boomers and their parents' generation will pass down $84.4 trillion in assets through 2045, according to Forbes. Paul Karger, co-founder and managing partner of financial firm TwinFocus, joined Cheddar News to discuss wealth transfer between parents and their children and when it's a good time for a conversation between them.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
