Money is often a leading source of conflict for couples due to a fear of financial communication. That is why John Hancock is out with a new app to help ease the communication and planning around saving and spending money.
Steve Dorval is the head of innovation at John Hancock. He joins Cheddar to talk about their new app and why couples have such a hard time with finances.
Dorval explains that many individuals are fearful to save and talk about money on their own, so when it comes to doing so with a partner, they often have even greater difficulty. John Hancock wanted to create an app that simplified this process.
Dorval shares some saving hacks. He says couples should pick something and then just get started. Pick a goal that you are emotionally invested in. A lot of couples get started by saving for a mortgage or their dream vacation.
Inflation is easing, but prices for the items you need are still high. Marty Cantor explains that while relief will eventually arrive, he says we should brace ourselves for things to get worse before they get better.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Astor Apiaries' Nick Hoefly is an expert on honey bees and, of course, honey. Cheddar News' Michelle Castillo checked out the hives to learn everything you ever wanted to know about honey ahead of Bee's Knees Week.
