Chelsea Fagan, Author of "The Financial Diet", joins Cheddar to discuss the do's and don'ts for shrinking your stress and increasing your bank account. She talks about living that "CEO lifestyle" and why it may not be as fun as it seems.
Fagan believes you should check your bank account at least once a week to make sure you understand where your money is going and confirm no suspicious activity. She talks about some of the major questions experts advise their clients to ask before starting a budget.
In addition, Fagan also explores different tips on investing from personal finance experts. The main piece of advice she continues to hear is that you need that 3-6 month emergency fund.
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.
