Stacking Benjamins: Your Gateway To Money And Personal Finance

Beth Kobliner and SNL's Kate McKinnon Team Up To Teach Financial Literacy

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Sinopsis

What happens when a bestselling money author teams up with an SNL star to talk about financial literacy? You end up with some awesome videos featuring Kate McKinnon and Beth Kobliner! Beth joins us in the basement today to talk about the making of the videos and to share some much-needed financial literacy tips for children. How do you teach kids (or other adults) about money when you don't feel like YOU'RE a whiz with your cash? Beth shares some great tips that you'll be able to use today. In our headlines segment we'll talk about a recent lawsuit about "reverse churning." What does that even mean? We'll talk about why it's important most of the time to do absolutely nothing with your money, and we'll also discuss when you should expect to pay for advice and exactly what you're paying for when you work with an advisor. If you're in a fee-based account, are you paying for trades or for advice from the advisor? We'll debate that question on today's show.  In our second headline we'll talk to Mike Foy from JD P