Money management and personal finances are still not part of national education curriculums leaving the path to mounting debt clear for incoming college students. Mallon FitzPatrick, managing director and head of wealth planning at Robertson Stephens, joined 'Stretching Your Dollar' with tips for students to successfully manage their money while in college.

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Stretching Your Dollar: Understanding Life Insurance Loans
Tom McNeela, chief RIA solutions officer with RetireOne, joined Cheddar News to explain how people can use their life insurance policies for an emergency loan. "There's a lot of advantages and opportunities with permanent life insurance policy," he said, "if you have one, and there's cash value in there, you can take a loan out, and most of the time, it's a better rate than what you can get at your bank."
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