Savings are essential for unexpected emergencies, goals like buying a home or car and even the occasional shopping splurge. Gary Zimmerman, founder at MaxMyInterest, joined 'Stretching Your Dollar' to talk about building up a cash stash. He said the most important thing is to begin saving today, particularly for those 20 and 30 something year-olds who will need retirement savings.
New car owner analysis from Insurify finds drivers spend an average of $5,851 a year on insurance, gas and maintenance alone, separate from financing costs.
Oil prices are climbing again after Saudi Arabia shut down a critical pipeline that has served as a major alternative route around the Strait of Hormuz.