Keeping a tab on financial health can be tricky at times. Erin Lowry, Author of "Broke Millennial", joined us at the New York Stock Exchange to share some tips for getting personal finances in order.
Only 12% of millennials feel prepared for their financial future. Lowry breaks down steps people can take to improve their financial health. She recommends using the app Turbo, which gives you a holistic approach to keeping track of your financials.
55% of people served by Turbo don’t feel credit score is a good indicator of financial standing. Lowry says it’s a piece of the puzzle, but it’s not the end-all-be-all. She adds that the debt-to-income ratio is a good metric to go alongside credit score. Lowry says Intuit’s Turbo app is a good option for staying on top of personal finances in a digital and mobile age.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
