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.

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Musk loses crown as world’s richest to software giant Larry Ellison
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
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