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 expected that boomers and their parents' generation will pass down $84.4 trillion in assets through 2045, according to Forbes. Paul Karger, co-founder and managing partner of financial firm TwinFocus, joined Cheddar News to discuss wealth transfer between parents and their children and when it's a good time for a conversation between them.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
