CBS This Morning: Why are consumers hoarding their cash?

With rising employment, more Americans are earning a steady paycheck, but much of that money is going both unspent and not invested — leaving banks brimming with cash. I stopped by “CBS This Morning: Saturday” to discuss the trend and some ways people can invest that extra money.

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I can’t believe I said that (+ a new So Money record)

Question for you: What’s the worst advice you’ve ever received? That’s a tough one, right? My dear friend and #NoLimits podcast host Rebecca Jarvis asked me this question on her show this week. And I fear I may have veered off into #TooMuchInformation land. I found myself talking about things I never expected to share so […]

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“My husband and I have $30K in credit card debt from when he was sick and unable to work. We have about $300K in retirement and $50K in cash savings. Should we use the cash to pay off the credit card debt even though not having the cash savings gives me a bit of an anxiety attack?”

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