Market volatility is on everyone's mind but how can you protect your finances from the ebb and flow of the market? Chris Hutchins, Founder and CEO of Grove, joins Your Cheddar to discuss how to prepare yourself financially if you want to jump into investing.
Hutchins recently launched Grove, a financial planning service that combines personalized financial advice and technology. He talks about why some people may want a human financial advisor rather than a robot or app. In addition, he predicts what the future of financial automation will be.
Plus, Hutchins is a former partner at Google Ventures where he invested in multiple startups. He gives three pieces of advice for people looking to raise capital: have a passion for what you're doing, have a great team of people and produce a product that is proven to enhance the lives of customers using it.
It's a benefit to have a 401k plan with your employer but it can also be stressful to decide how to best allocate your contributions. Michele Schneider, partner and director of trading research and education with MarketGauge.com, joined Cheddar News to explain which markets are best to invest in, depending on your age demographic.
There is no specific formula or playbook for handling money with your spouse. Is it any different with a second marriage? Kelli Smith, director of financial planning with Edelman Financial Engines, joined Cheddar News to discuss what approach to take with finances with a new partner.
