Stretching Your Dollar: How to Prepare for Your Child's Financial Future
Welcoming a baby comes with slew of new financial responsibilities that can be overwhelming for many parents. Cary Carbonaro, certified financial planner, joined 'Stretching Your Dollar' to provide a few tips to help you prepare for your child's future monetary needs.
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.
