Stretching Your Dollar: How to Boost Your Emergency Savings
A new linked in survey found that more than 50 percent of respondents are not comfortable with the amount of money they have tucked away for emergencies. Greg McBride, chief financial analyst at Bankrate, joined 'Stretching Your Dollar' to talk the state of Americans' emergency savings and how the economy is impacting people's ability to save. McBride also mapped out a plan to help people begin saving more.
The major indices reached all-time highs this week – but when it comes to that Dow Jones record, veteran CIO Kevin Mahn says, ‘I don’t even look at the Dow.’
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Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.