CBS News business analyst and Certified Financial Planner Jill Schlesinger takes the mystery out of your financial life. Jill helps guide you through whatever money decisions you're trying to make. Finally, a money podcast that isn't scary or boring, it's useful, and dare we say, fun. New episodes available Tuesday and Thursday mornings. Have a question? Email us at askjill at jillonmoney dot com.
Belle Burden’s bestselling memoir, Strangers, was framed as a cautionary tale about women left financially vulnerable after divorce, but it omitted a crucial detail: her substantial family wealth.
Jill and Mark explore why full financial transparency matters, what couples should understand before signing a prenup, and how to approach essential money conversations before marriage.
Plus: they help caller Megan navigate a disagreement with her husband about whether the pair can afford a bigger home.
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Jill and Mark discuss the spectacular collapse of the Situational Awareness hedge fund and what it reveals about today's AI-fueled investing boom.
They help a caller fighting back tears figure out how to balance three competing priorities: saving for retirement, paying for her children's college, and preparing to care for her mother following the diagnosis of a degenerative illness.
Plus: a reaction to billionaire Jeremy Grantham's outrageous advice that investors should ditch U.S. stocks altogether.
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A growing number of young Americans no longer believe that ambition and hard work lead to success.
Jill Schlesinger, Mark Talercio, and special guest host Kayla Sabbagh of Greenspring Advisors explain why that mindset can become a self-fulfilling prophecy and why believing you have agency over your future is essential to both your financial success and your mental health.
Plus: they respond to a fiery YouTube comment about inheritance, family expectations, and leaving your money to charity.
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Most Gen Z and millennials say the cost of raising a child feels financially out of reach and many don't believe they can start a family within the next five years.
Jill offers a reality check: if you want kids, don't let fear stop you. Joined by special guest host Kayla Sabbagh of Greenspring Advisors, Jill and Mark explain why raising kids in this economy is more achievable than you think.
Plus: 23-year-old Brianna, who still lives with her parents, calls in for guidance.
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A 29-year-old who's been out of work for four years says he no longer believes in the American dream, or the stock market. Jill and Mark offer a reality check, a pep talk, and practical advice for getting back on track.
Plus: Jill and Mark dismantle the advice of "small business acquisition specialist" BenKellyOne, who instructs his followers to borrow money to buy an accounting firm without a CPA license as a way to generate extra income.
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Jill and Mark discuss a $50 million Ponzi scheme that ensnared dozens of investors with promises of big, risk-free returns. Then, they break down the emotional manipulation tactics scammers use to gain your trust and how to protect yourself as AI makes fraud more sophisticated and hard to spot than ever.
Plus: A burned-out caller is desperate for a career reset and wonders how long she can afford to coast on her savings before figuring out her next move.
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Dating has become another casualty of inflation. A new study finds Millennials spend an average of $252 per date and Gen Z spends $205. Meanwhile, half of singles say they’re going on fewer dates or choosing cheaper activities.
Plus: A 30-year-old single woman is daunted by the exorbitant cost of freezing her eggs, and TikTok investor Raoul Pal dismisses the S&P 500’s 11% average annual return in favor of investing in Bitcoin.
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Half of American adults under 30 are now living with their parents. Is this the new normal, or just a temporary consequence of today’s housing market? Regardless, Jill advises young adults living at home to at least offer to chip in financially.
Plus: Mark explains why obsessing over minimizing taxes can lead to costly investing mistakes, and Jill shares her thoughts on how friends with different income levels should approach splitting the cost of dinners, vacations, and group outings.
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Cassandra and her husband made headlines after leaving New York City to buy a home in rural Italy for just $13,000. She breaks down what motivated the move, how she’s adjusted to life in a tiny mountain town, embraced a lower-cost lifestyle, and whether trading the conventional American dream for a simpler life abroad was worth it.
Plus: Jill and Mark explain what SpaceX’s inclusion in Nasdaq index funds actually means for investors, and why one TikToker’s recommended tax loophole is complete nonsense.
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“Dopamine sites” are on the rise in South Korea, allowing people to simulate the thrill of online shopping or food delivery without spending any actual money. Could this be the fix for compulsive spenders?
Plus: Jill helps caller Danielle navigate a financial crossroads: after taking a pay cut to make work and life more manageable, she’s now facing higher-than-expected college costs for her child while trying to stay on track for retirement.
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Starter homes now cost a million dollars in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated.
Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts, and pricey trips pile up. And Andrew, a brand-new dad, wants to know whether now is the right time to buy term life insurance.
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Caller Aaron has a family mess on his hands: his cousin bought a house with a girlfriend, they broke up, and now his cousin's credit is still tied to the property while the ex continues living there and refuses to refinance. Jill explains exactly what to do before buying a major asset with someone you're not married to.
Plus: Jill breaks down the new student loan landscape effective July 1, 2026, how parents and prospective students should navigate the new rules, and why taking on debt for college may not be worth it anymore.
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Bad news for the people hoping their parents die soon.
Americans have been anxiously awaiting the so-called "great wealth transfer," where trillions of dollars are expected to pass down from Baby Boomers to their kids.
Plus, caller questions: Toby asks whether sterling silver jewelry is actually a worthwhile investment, and Dave wants to know whether taking a pay cut to improve his quality of life is financially realistic.
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The most expensive World Cup in history is in America this summer. Can you afford the ticket?
Money Moves with Jill Schlesinger premieres June 30.
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Starting June 30th, CBS News Business Analyst and Certified Financial Planner Jill Schlesinger brings you the money show that answers your questions, makes sense of the headlines, calls out the BS all over your feed, and helps you make smarter financial decisions without losing your mind.
New episodes available every Tuesday and Thursday. Watch on YouTube or listen wherever you get your podcasts.
Today we're sharing a recent chat with Ben Carlson, author and Director of Institutional Asset Management at Ritholtz Wealth Management.
Ben joined us to discuss his recently released book Risk and Reward: How to handle market volatility and build long-term wealth, a modern guide designed to give you a better grasp of the biggest risks in investing and teach you how to protect yourself against them so you can survive the short-term, and thrive in the long-term.
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We are constantly looking at new homes but immediately quit when we calculate the new mortgage payment which is usually 3x our current payment. Can we pull the trigger and upgrade our house?
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Here's a recent mailbag segment as we help answer some burning finance questions, from investments to home loans.
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With an inheritance now part of the equation, I'm wondering if early retirement is a possibility?
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
I recently started a new job and the retirement plan options are quite limited. What's the best path forward?
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I recently started a new job and the retirement plan options are quite limited. What's the best path forward?
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A programming announcement regarding the rebranding of MoneyWatch into the Money Moves program.
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In honor of the Memorial Day holiday, we're once again re-airing an interview we did back in 2017 with retired Admiral William “Bill” McRaven. If Bill’s name sounds familiar, it’s because he presided over the 2011 Navy SEAL raid that resulted in the killing of Osama bin Laden in Pakistan.
A few years later in 2014, the four-star admiral and 37-year Navy SEAL veteran delivered the commencement speech at his alma mater, the University of Texas at Austin. Little did McRaven know that his address, which spoke to how students could overcome challenges and change themselves, would become a viral hit with 20 million views online.
McRaven was eventually encouraged to expand his commencement speech into a book, Make Your Bed: Little Things That Can Change Your Life…And Maybe the World.
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In honor of the Memorial Day holiday, we're once again re-airing an interview we did back in 2017 with retired Admiral William “Bill” McRaven. If Bill’s name sounds familiar, it’s because he presided over the 2011 Navy SEAL raid that resulted in the killing of Osama bin Laden in Pakistan.
A few years later in 2014, the four-star admiral and 37-year Navy SEAL veteran delivered the commencement speech at his alma mater, the University of Texas at Austin. Little did McRaven know that his address, which spoke to how students could overcome challenges and change themselves, would become a viral hit with 20 million views online.
McRaven was eventually encouraged to expand his commencement speech into a book, Make Your Bed: Little Things That Can Change Your Life…And Maybe the World.
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The average price of gas is now up to $4.55 per gallon, an increase of more than 50% since the war with Iran began. Today we're discussing how the spike is impacting consumer spending.
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My mom set me up with some whole life insurance policies when I was 21. Now that I'm in my 30s, should I be ditching them?
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I joined CBS Saturday Morning with some tips on managing your finances when you're caring for aging family members.
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I am 28 years old and I want to get more serious about my money. Am I taking the proper steps?
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Today we're discussing how families can protect their loved ones from scams and fraud.
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I’m starting a new job and I'm trying to make a smart decision about my new retirement plan options.
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Today we're discussing various ways to make the most of your life insurance.
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Given that we had a bad experience with financial planners in the past, do you think we can manage our finances on our own?
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Today we're discussing the state of the housing market as well as offering some tips for deciding which home renovations to invest in.
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I'm about to turn 35 and my sights are set on retirement in just a decade. Is this a possibility or a pipe dream?
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With a lot of money already saved in our retirement accounts, is it time to focus on some other goals?
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Have I achieved the necessary level of financial independence to pursue something different?
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Which retirement plans should you be considering? Today we're discussing the various options.
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From budgeting to investing and saving, people are turning to artificial intelligence for help. A recent survey shows 66% of Americans have turned to AI to seek financial advice. We discuss best practices on how to incorporate technology into your financial life.
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On this episode we're discussing tips on cleaning up your finances, organizing paperwork, and more.
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Where should we be looking to fund the final two years of college for our daughter?
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I joined CBS Saturday Morning with tips for avoiding scams this tax season.
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The cost to attend college, including tuition, room and board, and books, continues to rise. To attend a four-year, in-state school, the average cost is more than $27,000 per year. We discuss tips on how to save and pay for college, including guidelines for deciding how much to borrow.
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In two years I will have the opportunity to buy five years of service credits. How should I prepare financially?
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With a low emergency fund, am I okay to just chill out and know that I can tap my retirement funds when/if ever needed?
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With the age of 50 rapidly approaching, I am wondering what else I should be planning to do with my money over the next 10 years?
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For the first time since 2022, 30-year mortgage rates dropped below 6%. We discuss what it means for home buyers and those looking to refinance.
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We are planning on one more kid but the school tuition is certainly piling up. I think we are okay but would like some reassurance.
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Today we're discussing the crucial conversations people should have with their loved ones about finances.
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My wife and I have a major backyard renovation in mind but we're not sure how to fund the project.
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I joined CBS Saturday Morning to discuss the various ways people can raise and maintain their credit score.
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Knowing that we may have to reduce our retirement savings, how much house can we realistically afford?
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This weekend we're bringing you a snippet of an interview we did with Mike Quincy, automotive writer at Consumer Reports. Mike joined us to discuss the recently released Annual Top Picks list from CR.
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Today we're joined by Brad Stulberg, author of the recently released book, The Way of Excellence: A Guide to True Greatness and Deep Satisfaction in a Chaotic World.
Whether you are practicing guitar, pushing your limits at the gym, leading a team, honing a craft, studying medicine, or giving yourself the time and space to finally write that book, the pursuit of excellence is a big part of what makes life worth living, and it is for all of us.
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Breaking down how changes at the Federal Reserve can matter in your life as President Trump pushes for new leadership.
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We started the new year by getting into a car accident and now we have a decision to make on how to fund the purchase of a new vehicle.
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President Trump signed an executive order aimed at boosting the housing market. The goal is to increase the supply of homes available to buy by preventing big investors from purchasing single family homes for the rental market. Will it have an impact?
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We received a monetary gift for Christmas and I'm wondering if we should use it to pay down credit card debt?
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President Trump says he wants to cap credit card interest rates at 10% for a year. Today we're discussing what a cap would mean for you.
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I have a job offer to move to London and I'm having a hard time figuring out the financial implications of the move.
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I just inherited $400k and now I am trying to figure out what to do with it. Retirement or college?
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My family and I have been living overseas for the last 15 years and we are moving onto our next chapter in summer 2028 and want to make sure we are financially prepared?
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I am new to investing and have started to gain an understanding on the fees that I am being charged. Is it time to self-manage my money?
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Should my husband stick it out in his government role, or can he pursue a contracting job?
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With a pension on the horizon, plus a rental property, am I in good financial shape at the age of 48?
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My company offers a cash deferral plan and I'm trying to figure out if it's a good way for me to save for retirement.
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We currently live in the Midwest and would love to move to the West Coast to be closer to family. Will such a move, with a much higher cost of living, blow up our financial future?
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I'm getting married next summer and curious how you combine finances with a future spouse?
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I am expecting to need to spend about $15k on home repairs before the end of the year and I'm trying to figure out the best way to come up with cash.
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I'm 39 years old and feeling very late to the game in terms of saving for retirement.
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Knowing that I'm a bit of a worrier and always feeling a little anxious, it seems now would be a good time for a financial gut check.
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I realize it's likely the wrong financial decision, but am I okay to accelerate the mortgage pay down?
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Now that I'm in a better position to save more cash, where should I be directing the surplus?
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After being a stay at home mom and not saving for a decade, I'm looking to make up for lost time. Am I being too aggressive?
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My husband and I have a two-year old and we are now thinking about leaving NYC and buying a house in Upstate New York. Can we do it?
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The sluggish employment landscape explains why workers are now “job hugging,” rather than job hopping. The challenge is to fight the urge to hunker down and instead try to be proactive and focus on what you can control.
That means raise your hand for any new opportunity at your company, update your LinkedIn profile/fire up your network, and consider pursuing any side hustle that might help your cash flow and spark creativity.
For those who have been unlucky enough to lose a job, know that the loss is not just financial. I reached out to business Psychologist and Executive Coach Dr. Sharon Melnick, PhD, after talking to a variety of folks who were let go recently.
The author of two best-selling books, In Your Power and Success Under Stress, Sharon joins us this weekend to discuss the various stages of job loss.
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The sluggish employment landscape explains why workers are now “job hugging,” rather than job hopping. The challenge is to fight the urge to hunker down and instead try to be proactive and focus on what you can control.
That means raise your hand for any new opportunity at your company, update your LinkedIn profile/fire up your network, and consider pursuing any side hustle that might help your cash flow and spark creativity.
For those who have been unlucky enough to lose a job, know that the loss is not just financial. I reached out to business Psychologist and Executive Coach Dr. Sharon Melnick, PhD, after talking to a variety of folks who were let go recently.
The author of two best-selling books, In Your Power and Success Under Stress, Sharon joins us this weekend to discuss the various stages of job loss.
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After going at it hard for quite a while, can we begin to pull back on our retirement savings?
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A new Federal Reserve report shows total household debt is more than $18 trillion, which is equivalent to nearly half the size of the economy. We discuss some tips to help you cut down on your debt.
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Is it better to take money out my brokerage account to cover the cost of surrogacy or does it make more financial sense to take a loan against the portfolio?
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A new social media trend called "The Great Lock-In" encourages people to focus on self-improvement before the new year begins. I joined CBS Mornings to share how to apply the idea to your finances and start 2026 on stronger footing.
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A new report reveals 69% of Americans say income is falling behind the cost of living, which is up from 50% five years ago. I joined CBS Mornings to discuss.
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Today we're joined by Heather and Douglas Boneparth, co-authors of the recently released book, Money Together: How to find fairness in your relationship and become an unstoppable financial team.
In Money Together, Heather and Douglas, financial gurus and married couple, help couples in every era of their lives approach money with greater fairness, sustainability, respect, and love.
With help from leading financial experts, couples therapists, psychologists, and more, they offer a fresh, human perspective on a taboo topic that leaves too much unsaid.
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I joined CBS Mornings to break down what you need to know about open enrollment and picking the best health insurance plan for you and your family.
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I'm trying to catch up on my retirement savings after not saving much in my 20s and 30s and hoping for some confirmation that I'm saving in all the right places.
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Can I afford to slow down on my retirement contributions to help finance a home renovation?
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I joined CBS Mornings with a step-by-step plan to choose an agent, get a mortgage and shop with confidence.
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My husband and I are in our late 30s with three kids, and between saving for college, retirement, etc, it feels like we have lots of competing interests for our money. Are we doing the right things?
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Why is life insurance so important? Because it is one of the few financial products that can solve a future problem easily.
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Today we're joined by Jana Davis, a financial advisor and CFP® at Abacus Wealth Partners, a purpose-driven, values-centric financial advisory firm, focused on creating authentic and measurable impact in three key areas:
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Today we're joined by Jana Davis, a financial advisor and CFP® at Abacus Wealth Partners, a purpose-driven, values-centric financial advisory firm, focused on creating authentic and measurable impact in three key areas:
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Despite a lot of positive changes, I still don’t feel secure that I’m on the right track. Can you please guide me in the right direction?
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I joined CBS Mornings to answer your top financial questions, including on credit cards, your savings account and retirement options.
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I was recently informed that I will be without a job as of the beginning of the next federal fiscal year. I think that I'm fine financially, but my fiancé has expressed concerns about me being without a job.
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I joined CBS Mornings with essential financial tips to help recent high school graduates manage their money, avoid costly pitfalls and build a strong foundation for long-term success.
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I recently joined Managing Your Practice, a podcast from Dimensional Fund Advisors dedicated to providing financial professionals with best practices in key areas such as driving growth, business efficiency, and the client experience.
In this episode, we talked about navigating major life and career transitions, both for yourself and your clients. From burnout to reinvention, we also discussed practical insights on how great advisors can lead with empathy and help clients make confident, meaningful changes.
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I recently joined Managing Your Practice, a podcast from Dimensional Fund Advisors dedicated to providing financial professionals with best practices in key areas such as driving growth, business efficiency, and the client experience.
In this episode, we talked about navigating major life and career transitions, both for yourself and your clients. From burnout to reinvention, we also discussed practical insights on how great advisors can lead with empathy and help clients make confident, meaningful changes.
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With pensions part of the equation, am I taking on too much risk within my retirement account?
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As the economic uncertainty continues, I joined CBS Mornings with financial moves to make if you've recently lost your job.
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With two new jobs, and quite a few goals on the table, are we on track to make any of it happen?
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We're in our 30s and wondering if we're on track to meet our financial goals or if there's more that we should be doing?
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An advisor is pushing my mom to sign up for a life insurance policy and I don’t think it's a good idea. Maybe I am wrong but I don't think so.
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Today we're joined by Nick Maggiulli, Chief Operating Officer for Ritholtz Wealth Management LLC, to discuss his recently released book, The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life.
The book is not a get-rich-quick scheme or a one-size-fits-all solution to your money problems. It’s a new philosophy for thinking about money altogether, and it breaks wealth into six distinct levels, each demanding its own strategy. What works at Level 1 won’t cut it at Level 6, and vice versa.
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I have been working in healthcare for 20 years, and while it’s a good job and pays well, I am totally burned out. I’ve thought of cutting back to part-time, but I am nervous about covering our monthly expenses if I do that.
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A new executive order opens the door for companies to add cryptocurrencies to retirement plans. On this episode we're discussing the risks and potential rewards.
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I feel I am not doing enough. What can I improve? I need either a pat on the back or a sit down lecture.
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With interest rates holding steady for the fifth time, I joined CBS Mornings to explain how the decision affects credit cards, car loans, mortgages and savings.
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I’m curious about how people quell their anxiety about whether they have enough for retirement. My anxiety about it returns every month or so.
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When it comes to planning for retirement, it's all about having a plan. Without that key ingredient, it's impossible to move forward.
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Are we okay to buy a new house in cash? Doing so would free up additional cash flow and we would still have a sizable brokerage account.
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I joined CBS Mornings to answer viewer questions from life insurance and lowering bills to your mortgage and the impact of canceling credit cards.
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I am wondering if it's worth it just to maintain the relationship with the advisor that my parent's worked with for years, or seek out a lower-cost alternative?
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A new projection shows Social Security is on track to deplete its funds for full payments earlier than previously forecasted. Mark and I discuss how it could impact beneficiaries and how the problem can potentially be fixed.
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Is the thought of paying off our mortgage the correct thought process given that the interest rate is nearly 7%?
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Mark and I discussing who will benefit and who could be impacted negatively by President Trump's massive spending bill, which he signed into law last week.
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I am 41 years old and totally over my corporate job. I want to get out of the rat race and be done with my long commute and try something new and/or go part-time. When can I do it?
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As young Americans struggle with job prospects and loan repayment, Mark and I share tips to ease financial stress and stay on track.
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After taking a new job for a higher salary, I now realize it was a mistake. Can I afford to back to a lower paying job?
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Millions of Americans are experiencing the waves of an uncertain, see-sawing market. How can you keep calm and carry on? Mark and I discuss.
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While my current salary is great, it is stressful and takes me away from my wife and two young kids. The goal would be to find another job with a comparable salary, but how far down could I go if needed?
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If your child is looking for a summer job, it could be more challenging as job growth trends downward. Mark and I discuss some tips on how to navigate the market.
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My mother-in-law passed away unexpectedly a few months ago at age 72, just days after retiring. She managed all the finances and I want to make sure we're steering my father-in-law in the right direction.
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What are some of the factors to consider when you're hiring a financial advisor? Mark and I discuss.
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I have a complete distaste for the industry in which I work, and my soul needs a break. Do you think I can retire by 50?
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Buy now, pay later (BNPL) plans are popular but can lead to debt if not managed carefully. Mark and I discuss this and more.
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After receiving a sizable inheritance, I want to be smart in taking the next steps to ensure my future retirement.
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With millions entering the workforce, we're discussing some essential tips for managing money, setting goals and avoiding common financial mistakes after graduation.
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This Memorial Day weekend we're bringing you an appearance I made on CBS Eye on Veterans, hosted by Phil Briggs. Phil had me on his show to discuss the vital steps every veteran needs to take if they want to have enough money when they’re older.
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I recently accepted an early retirement offer, but I have a few weeks to change my mind before it becomes official. Should I reconsider?
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I recently inherited about $250k and I'm not quite sure how I should be putting it to use.
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What exactly is compounding and why can it be so magical? Allow me to explain!
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Happy Mother's Day from Jill and Mark!
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To celebrate National Military Appreciation Month, we're joined today by Thomas Racca, a personal finance expert and manager of Navy Federal Credit Union's Personal Finance Management team, where he manages a team of financial counselors promoting financial literacy and providing budgetary guidance to Navy Federal's members.
https://www.navyfederal.org/
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I feel like if I can make it to retirement, my wife and I will be okay, but it's the next 10-15 years that gives me a bit of worry.
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A recently released survey shows a drop in retirement confidence. Mark and I discuss what it takes to turn this around.
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I'm very burnt out and contemplating leaving my current employer, where I've been for almost 25 years. Will it blow up my financial future?
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Stocks fell last week following President Trump's criticism of Fed chair Jerome Powell. This comes after Powell warned tariffs could hurt the U.S. economy. Mark and I discuss.
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Imagine if you could ask someone anything you wanted about their finances. On What We Spend, people from across the country and across the financial spectrum are opening their wallets—and their lives—to tell you everything: what they make, what they want, and—for one week—what they spend.
I have a universal life policy that was sold to me when I was 25. I'm wondering if I should stay the course with this policy as part of my retirement strategy, and if not, how might I go about extracting myself from it?
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With spring selling season approaching, homeowners are eager to remodel. On this episode we discuss which renovations can actually boost your home's value, and which upgrades may cost more than they're worth.
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Most Americans have until April 15 to file their tax returns or request an extension to file and pay any taxes owed. With less than a week left before the deadline, it's time for some last-minute tax tips.
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After a WILD week on Wall Street, it's time to answer some of the most common questions we've been receiving.
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We're in our mid 40s and want to make sure we are doing everything we can to prepare for retirement while living our life to the fullest.
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Whew, what a week! Here's our latest reminder, especially for all you newbie investors, to keep calm and carry on!
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For the last 10 years I've been making Roth contributions to my 401(k) through my employer. With recent discussions of omitting income tax in favor of a consumption/sales tax, is the Roth still the best strategy?
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While spring cleaning is usually associated with tasks around the house, it's also a good time to clean up your finances. Mark and I discuss.
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I'm 44 years old with young children and want to know where and how we should be focusing and strategizing for retirement.
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Whether you're job hunting or aiming for a raise, here's some advice on where to start, how to negotiate, and the best strategies to set yourself up for success.
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My time in the military has really taken a toll on me, both mentally and physically. My current job is very stressful and I'm not sure how much longer I can do it. Can I do a reset?
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It's been a week of extreme lows and some extreme highs. During a period like this it's important to tune out the noise and stick to your game plan.
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With spring selling season just around the corner, buyers may start to see a slight thaw of the real estate market. Is now the time to buy? Mark and I discuss.
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Just like we do on the this podcast, here I am on CBS Mornings answering your money questions, including one about whether or not it's even worth owning bonds.
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My husband and I broke up with our financial advisor about a year ago and now we're trying to self-manage. Are we on the right track?
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A new survey finds that the stock market is the preferred choice for long-term investing, though 21% of Americans avoid it due to intimidation. I joined CBS Mornings with tips on how to get started with investing, plus Mark and I discuss.
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We feel woefully unprepared to manage our assets to ensure a comfortable retirement and are looking for some guidance.
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A recent survey reveals that 40% of Americans in committed relationships have kept a financial secret from their partner. I joined CBS Mornings to explain why these financial secrets can be just as damaging as infidelity.
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I'll be 69 this year and my plan is to retire in 2026 when I'll be 70. I'm starting to worry if Social Security will be there when I decide to call it quits. What do you think?
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Mark and I chatting about how to ease financial strains while caring for both your parents and children.
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My recent appearance from CBS Mornings and then Mark and I chatting about how to improve your FICO score as the national average hits 717.
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The 2024 tax season is officially open. I joined CBS Mornings with the key details taxpayers should be aware of this season.
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With some rental properties as part of my portfolio, I'm wondering if it's time to sell one of them?
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On this episode Mark and I are discussing how to financially recover and navigate your insurance claim if you lose your home in a natural disaster.
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We're in our mid 30s with two young children and would like to know if we are taking the right steps to set us up for financial success?
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With nearly half of Americans carrying credit card balances month-to-month, here's some tips on how to pay down debt.
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I'm a 30-year-old physician in residency training and I have reached some significant financial goals in the last year, and I'm wondering what I should be doing with my extra cash flow?
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What's your financial goal for 2025? Saving more money? Paying off debt? Going all Roth all the time?
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As a career government employee, should I take my pension and do a career reset?
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Once a piece of property is sold, where's the best place to park the proceeds?
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After doing it on my own for many, many years, is there any reason why I would need a formalized financial plan?
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After having a couple of curveballs thrown at us, are we still on track to accomplish our financial goals?
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I have a new job, higher salary, and quite a bit more in investments. Yet I'm still feeling anxious when it comes to my finances. Can you help?
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People in their 40s face major financial pressures, from helping their children pay for college to affording a mortgage. But it’s still critical that they also concentrate on planning for retirement.
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Our dream is to live in Spain part-time once we retire in about six years. Given our current finances, can we pull it off?
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What if part of our ability to better absorb higher prices is due to the fact that we have essentially acclimatized to them?
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With retirement just days away, I'm apprehensive about losing the paycheck every two weeks and knowing how to pay myself. Can you help?
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This is the time of year that you might be thinking about charitable giving, so here are a few best practices to keep in mind.
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My husband and I find ourselves in situation where we don't know what to do with $200,000 we have sitting in our savings account.
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I recently got married and now I'm wondering what the next best steps financially are for my wife and me.
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Gobble, gobble, happy Thanksgiving from Jill and Mark!
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Is there a tax-efficient way to rebalance when it involves a taxable brokerage account?
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I recently switched employers and now I'm looking for advice on how best to consolidate all of my different retirement accounts.
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With just a few weeks left in 2024, here’s some practical tips to help you save or even earn extra cash by the new year.
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After my father died, and having to settle his estate, it has me considering some options in terms of end of life planning.
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Given the current real estate market, and the fact that our house has appreciated significantly, I'm wondering if we should sell and become renters?
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After a series of emotionally driven financial decisions, I feel like I need help getting back on track.
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I'm seriously thinking about going back to school and getting my superintendent credential and doctorate. Good idea or bad?
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I recently received a chunk of money via a bonus and I want to know if we should continue to invest in Vanguard or pay off some of the mortgage on our primary property?
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As I approach my 37th birthday, I really want to get a better understanding of where my wife and I are on our financial journey.
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With the new rules on being able to roll $35k of a 529 into a Roth IRA after its been open at least 15 years, I was wondering if it might be a good strategy to start a 529 for myself to get the state tax benefits with the plan to eventually roll it into a 529?
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My husband just got a new job, and we are thinking of moving to NYC in a few months, but I recently bought a condo in Denver. What should we do?
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I'm considering buying into a small business, and while I am familiar with real estate loans, I'm not very familiar with SBA loans.
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In this fast paced housing market, should we consider changing our approach to be more competitive or be patient and keep looking?
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With the pursuit of financial independence on our minds, when should we consider transitioning from going it alone to working with pros?
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I'm in my 40s and wondering if I should cash out my retirement savings for a real estate transaction?
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My rent is pretty cheap, and I'm a happy renter, but I feel like I should be saving towards a home. Prices where I live are insane, so should I even bother?
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I'm in my mid 30s and wanted to know what I should do with a surplus of cash considering that I have some life changes on the horizon.
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Considering that my wife and I will both have pensions, should we even be contributing to our workplace retirement plans?
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Can we start living a little bit more and perhaps spend some money on fun stuff?
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Between a new house, funding college and retirement, we're just not sure what the priority should be.
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With a lot of uncommon variables in the equation, I'm in search of some proper financial planning to address our unique situation.
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With some extra cash flow in the equation, I'm wondering what's the best way to allocate it?
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After a recent wedding, we've already begun the process of combining our finances and we are now looking at our next set of goals and would love your thoughts on if we are prioritizing things in the right order.
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Last year I resigned from teaching after 21 years. If I teach for nine more years I get my full pension, but I am just not sure I can do it.
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With the hope of at least slowing down at 55, are we doing what we should be doing in our 30s to make that a reality?
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With a new baby and a sizable inheritance in the mix, we're wondering how we should be prioritizing our savings and investment goals?
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I know from listening to enough of your episodes that you're not fans of life insurance policies as an investment vehicle. Can you discuss the scenarios where life insurance as an investment vehicle makes sense and where it doesn't and why?
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We're hoping to call it quits in about five years and start spending a large chunk of time in Italy. Are we on track to make this happen?
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I am 48 and my wife is 46 and we're thinking about retirement when our kids are out of the house in six years. Can we do it?
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With a bigger home in our future, I'm wondering if it's better to have a larger down payment or should we look to maximize our debt payoff?
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Because I'm a stay-at-home parent, I'm concerned that our retirement numbers aren't on track. Are we okay as a single income family?
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After racking up some debt, I'm working on wiping the slate clean and starting fresh. How should I be prioritizing the debt?
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After relocating last year from CA to FL, I was used to higher taxes and it seems we have over contributed this year, possibly making it a good time for a Roth conversion. Should we do it?
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Because we were focused on paying off debt for many years, I now feel like we're behind on our retirement savings. Are we okay?
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My husband and I are both W-2 employees, yet I'm being pitched a disability insurance policy. Do I need it?
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I've been following pretty much the same financial plan since I started working eight years ago, and I'm not sure whether the decisions that I've put on autopilot are still in my best interest.
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My husband and I are both 41, but we were never interested in our finances or investing until recently. Are we on track?
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Thankfully my husband has a new job, but unfortunately there's no workplace retirement plan for him to use. What's our alternative?
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After working in government for many years, I recently took a new job that doubled my salary. With the extra cash flow, I want to make sure I'm on the right track.
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I have a lot of money sitting in cash, and even though I know I should be doing something with it, I have a hard time with the thought of putting it at risk.
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Even though I'm only 26, I'm very committed to setting myself up for financial success, and considering I just started a new job, I want to make sure I'm on the right path.
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With the markets bouncing around, I'm starting to wonder how my asset allocation looks for my age and if I'm taking too much risk in equities?
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Given that I'm a teacher, I would like some input on how much I should save for retirement since I'm contributing to a pension as well.
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At this point, I have more in liquid assets than retirement assets, and I need some guidance as to how I can make things more balanced.
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Similar to other tech employees, nearly half my salary is in the form of company stock, which leaves me unsure of how to integrate the RSU income into our financial future.
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I don't make a ton of money and I don't foresee any changes to my work or income in the coming years, so I'm curious what my portfolio and income will look like at retirement age?
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I felt like I was on a good track earlier this year but between the bear market, starting to feel my age and seeing my folks aging and some changes with my family life and my professional life, I keep wondering if I'm doing the right things?
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I'm a 37 year old single mom and I can't help but worry about my financial picture. Can you please calm my nerves?
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I just received a promotion at work, and now I'm wondering if I should reconsider my Roth 401(k) contributions?
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Now that I'm earning a lot more money and finally making a living wage, how much should I be trying to save?
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Over the last few years my husband and I have shifted our mindset from just saving to actually planning our savings and retirement goals. After recognizing some early mistakes, are we on track?
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Given that my financial situation has bettered over the last two years, is it the right time to consider buying a rental property.
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At 39 years old, am I doing everything I should be to make sure I'm on track to achieve my financial goals?
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I'm 46 and would love to call it quits in my early 60s, am I taking too much risk to make that happen?
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As I navigate my way through a pretty amicable divorce, I want to make sure I have all my financial ducks in a row.
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Can you help settle a financial dispute? My husband thinks we're saving too much, I don't think so.
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Because I live in a high tax state, most of my retirement assets are pre-tax, is it time to consider using the Roth option?
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My student loan is a private loan, and with interest rates on the rise, I'm wondering if I should just go ahead and pay if off or keep making the monthly payments?
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31 years old and it's my first time experiencing a turbulent market, and now I want to make sure I'm taking the proper steps to set myself up for a solid financial future.
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What should I do with an old pension? Take a lump sum now or keep it as is until retirement, which is still decades away?
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Considering we're in our 30s, is there any reason why we should be considering an annuity?
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With $3k each month in surplus cash flow, should we be dumping it all into our employee stock purchase plans?
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With $20,000 tied up in CDs earning next to nothing, is there something better I should be doing with the money, even if it means blowing out of the CDs?
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I left my financial advisor several months ago and have a variety of retirement accounts and I'm not sure if I should consolidate and if my mix of assets is ideal.
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Even though I'm only in my 20s, I feel like I'm in need of a financial checkup, especially regarding a gifted mutual fund account.
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My mother is on the verge of full retirement, and over the last year, I've been trying to help her consolidate several accounts into Vanguard. Are we moving in the right direction?
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With a large raise on the horizon, and a huge pension at retirement, I'm not quite sure how much and where we should be investing.
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Thankfully, I feel like we're doing okay when it comes to our finances, the curveball is that my mother-in-law, who's only 58, lives with us and is almost entirely dependent.
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In our mid 30s, I'm starting to wonder if we have too much money in our traditional 401(k)s? Is it time to start using the Roth option?
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After paying off medical school loans, we're looking at a bunch of extra cash flow. What should we do with it?
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We're in our late 30s and would love to know if we're on track to achieve our financial goals, including retirement and funding college for our child.
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Thanks to a large inheritance, we want to make sure we're on the right track going forward.
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With $100,000 on the horizon thanks to a recent home sale, what should I do with the proceeds? Invest, keep in cash, something else?
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We're both joining the military and we'll each receive a signing bonus of $100,000. What should we do with the money?
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As a 35 year old woman living in Austin and working in tech, I'd love to know if I'm financially on track for retirement, and what I should do with excess savings in my money market account?
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With a little extra cash flow, and some debt, how should we be prioritizing our financial goals for the future?
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I've checked a lot of boxes on my financial journey, but I feel like there's still some work to do, so I'm wondering what my next steps should be?
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We love the Roth IRA, but we're on the verge of being phased out, what are our options?
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We're finally in a position to start investing some extra cash flow but we're not sure what's the best option for us.
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For a variety of reasons I have what I feel is an unhealthy relationship with money. How are we doing? Can I relax a little and enjoy our money a bit?
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I feel like we're in pretty good shape with our assets, but I also feel like we have way too many accounts. Should we start consolidating?
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As a 28-year-old, single guy, I'm thinking of taking the plunge and purchasing my first piece of real estate. Should I do it, and if so, how much should I be looking to spend?
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With little-to-no faith that our financial situation will improve significantly within the next five years, is it silly for us to consider a house purchase?
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Due to the war in Ukraine, we now find ourselves caring for a family member. I'm having trouble wrapping my head around how to prepare for this unexpected situation.
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Are we are on track to retire at age 65? With two pensions coming our way, should be be saving more for retirement?
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With some extra cash flow on the horizon, should we look into buying a bigger house, or stockpile the cash for some financial flexibility down the road?
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Is it crazy to contemplate a new career at 42? Or should I keep my head down and keep doing what I'm doing?
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In our 40s with two kids and two pensions coming our way, yet I'm worried we don't have enough saved for retirement. Will we be okay?
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With an extra $1,200 or so each month, where should it be going? Into a brokerage account or into my employee stock purchase plan?
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I'm still bothered by an investment I made over a year ago, can you help me get over it?
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We're in our 30s and after saving and saving and saving, is our financial position solid enough to do something less demanding?
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With my wife and I in our early 30s, what can we be doing now to structure our investments to fund a more flexible future?
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Can more money really buy happiness? Well, one thing's for sure, doubling your salary can only make things easier.
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What's the right balance when factoring in both retirement savings and trying to pay off student loan debt?
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We think we're doing a good job planning for the future, but wanted to touch base to see if we are indeed on the right path.
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Are we making a mistake by placing our entire bond position in our tax-deferred 401(k)?
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With not a ton of money saved, are there other options for my parents to consider as they head into retirement?
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When it comes to our various financial goals, are we being too conservative or are we being prudent?
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I joined CBS Mornings to provide some "spring cleaning" advice for tidying up your finances, including advice for people who still need to do their taxes, what statements and documents you need to keep and for how long, and how to streamline your finances.
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If a line of credit isn't an option, is there something else I can consider for financing a small remodel job?
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Would we be stretching ourselves too thin by remodeling our dream house?
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I keep hearing about the advantages of using a Roth account, but given our current tax bracket, I'm not convinced it's best for us.
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After crunching the numbers, I'm starting to worry if we'll be able to fully fund college for our two kids. Any suggestions?
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After making $75k from the sale of a home, what should we be doing with the money? Brokerage account? 529 account?
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With a lot more wiggle room thanks to some recent bumps in pay, what should our financial planning priorities be?
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I recently joined CBS Mornings to discuss the basic rules for investing. We covered the different types of accounts that are available including employer-sponsored retirement plans and IRAs, and why Americans should keep things simple but remember to diversify.
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With more money than needed sitting in cash, how do I go about investing the excess?
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When it comes to our savings account, our retirement accounts at work, and our brokerage account, how should we be prioritizing them?
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With the job market on fire, and realizing that I'm being underpaid, should I be looking to make a change?
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With $50k coming your way, and some big life changes on the horizon, what should you do with the cash?
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Today we're sharing advice on how to talk about money with your loved ones. We'll discuss how to make sure you're on the same page as your partner financially, what topics need to be discussed, and how to have difficult conversations.
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With our income about to go way up, what should we be doing with the extra cash flow?
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With the 2022 Wall Street roller coaster off to a wild start, is now a good time to rebalance?
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With no retirement plan available through work, should I make a non-deductible IRA contribution or use a brokerage account?
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With my income right on the Roth IRA limit, should I do pre-tax in the workplace retirement plan to bring my income down, or just go ahead and do all Roth at work?
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If things are good right now, is there any reason we should be dreaming about buying another property?
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27 and 25 with decent jobs, but have the feeling we're sitting on too much cash, are we?
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Should I roll the dice and wait for my student loans to be wiped off the books, or just pay off the debt in one fell swoop and start investing my money?
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I joined CBS Mornings to discuss when to start teaching your kids about money, and what topics to talk about with kids of different ages.
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Given how crazy the cost of college is in the U.S., should we consider moving to Canada for some cheaper options?
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When it comes to my pre-tax and Roth 401(k), how should each side be allocated?
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As we approach our 40s, are we on track to accomplish our retirement goals?
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In our 30s and prepping for a big move, are we okay to buy a house when we relocate?
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The real estate market continues to be bonkers, causing many to wonder if they should be looking to sell.
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If you think you've got a lot going on in your life, just give this call a listen and you might walk away feeling better about your situation.
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With some medical expenses on the horizon, should we tap into the HSA or try to cash flow it?
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At what point should we be concerned about saving too much money in our tax-deferred retirement plans?
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Just because you're not making a ton of money doesn't mean you don't need a checkup. Just like with our physical health, we all need financial checkups.
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At what point do the fees in a retirement plan become too high to justify using?
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Are we making a mistake by directing all our retirement contributions into the Roth option?
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If you're questioning your retirement plan, knowing you have a huge asset that could be tapped should help ease your mind.
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With the FINE movement (Financial Independence, New Endeavor) in our sights, it it better to have our money in the market or invest in real estate?
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37-years-old and chasing the FINE movement (Financial Independence, New Endeavor) in hopes of changing things up at 42. Doable?
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With the housing market crazy, should I be looking to buy or keep renting? Oh, and by the way, I basically get the down payment as a perk from my employer.
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Given our combined income, do you think we should be using the pre-tax or Roth 401(k) option?
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My brain is telling me to refinance the mortgage, but I'm not sure how long we're going to be living here, so I'm stuck in the mode of paralysis by analysis.
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There's nothing better than getting a question from a 26-year-old who wants to know if she's on track for retirement. By the way, she's rocking it.
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Young family living in a new city with new jobs, what should the priorities be in terms of getting on track and saving for retirement?
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Knowing that you have seven more months of rental income at $2,400 per month, where should you be directing the cash?
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Yes, owning company stock can be a good thing. But too much of anything can be a bad thing.
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27-years-old, some money saved and a couple streams of rental income, does that give you permission to take your foot off the pedal in terms of saving for retirement?
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In the last year your house has appreciated by $100k, should you sell it? Or hang onto it and hope for continued appreciation?
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When shopping for a mortgage, does it make more financial sense to only put 20% down and invest the rest, or put much more down to lower the monthly payment?
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Planning and saving for retirement is important, but if it's causing constant stress in your life, you need a different approach.
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We're in our 30s with a lot of moving parts, including our first baby on the way, are we on track? Are we doing everything we can possibly be doing to prepare for retirement?
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Here's the actual email from our latest caller:
I was hoping you could provide some perspective and thoughts on where we are for our retirement horizon and what (if anything) you would suggest doing with additional cash...
It's as easy as that! Just shoot us a note and let us know you want to come on the show with us.
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Handling an inheritance is not always straightforward, especially when there's several parties involved.
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Rather than pay more in fees, does it make sense to replicate a target date fund on your own with individual index funds?
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Does knowing that you have an awesome pension down the road give you permission to pull back a bit on your current savings rate?
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With employees now spending more and more time working from home, is it a good idea to splurge on a home office?
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How do you get a boat load of extra cash flow? You pay off $600,000 in student loans, that's how! Boom! That's what our latest caller did, $600k in student loans. Incredible.
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32-years-old and absolutely crushing it with a boat load of money sitting in cash, what should my next move be?
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The wish list includes fencing in the yard, a second bathroom and another bedroom. Should we do a cash-out refi to pay for it?
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I hate debt so I'm hell-bent on paying down the mortgage with my surplus cashflow. Am I making a mistake?
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I'm in my 40s with a pretty good amount of money saved, should I be looking to buy long-term care insurance?
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Where should you be parking the proceeds from a recent home sale? Well, that depends, will you be looking to buy another house in the near future?
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After helping your parents figure out their finances, it's time to focus on yourself. Should you be making your 401(k) contributions pre-tax or Roth? And what's the best way to finance an upcoming renovation project?
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Your home value has exploded over the last year, leaving you eligible for a line of credit, should you use it to finance an upcoming remodeling project?
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My parents have an annuity that's coming up for renewal, should they keep it or is there a better option?
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With a new baby, and two working parents, is it a good idea to have mom move in with us full-time and help with child care?
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What steps can I take at 37 to make the dream of retirement at 60 a reality?
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I'm all for making some extra cash on the side, but should you be chasing high-dividend paying ETFs to basically function as your side hustle?
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You would like to buy an apartment but you don't know when, or if, that will ever happen. With all the uncertainty, should you be focusing on the cash down payment, or investing in a brokerage account?
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Kids are on the horizon, but probably not for a few more years, should you already be contributing to a 529 plan?
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Now that you've added a baby to the mix, what's the priority? Saving for retirement or throwing a bunch of money into a 529 plan?
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When it comes to debt, there's "good" debt and "bad" debt, and not all debt should be keeping you up at night.
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In your 20s, recently married, new homeowners, contributing to your retirement plans, is there anything else you should be doing to ensure you're on the right track?
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If you're finding the current real estate market completely bonkers, does it make sense to keep renting and hope that things eventually settle down?
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If you're being pitched a financial product, and deep down inside you have a funny feeling, odds are you should probably listen to your gut.
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Aunt Jill gets to play marriage counselor yet again! In the latest relationship, we have a wife who wants to use a bunch of cash to pay down the mortgage and a husband who thinks they're better off investing the cash and using it for college education.
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Congrats on the wedding! Forget the honeymoon, it's time to figure out your finances as a couple :)
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Yes, the housing market is beyond stupid right now, but that doesn't mean you shouldn't get in on the action. That said, you want to make sure you're doing it from a position of strength, not weakness.
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Two new programs aim to give consumers greater access to credit cards and mortgage refinancing. On this episode I explain how they work and who would benefit most. Plus Mark and I talk credit, automatic payments, and reselling handbags on the web.
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After paying off $150,000 in student loans you suddenly find yourself with some serious extra cash flow. What should you do with it? Buy a house for yourself or perhaps an investment property? Or just invest it?
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Saving for retirement is a lot like an annual checkup with your doctor, in that it's something you want to do once a year, and you certainly don't want to wait until it's too late.
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After a crazy year, which consisted of job changes, moves and various real estate transactions, a 30-something finds himself with 120k in cash and not sure what he should be doing with it.
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The nation added a better-than-expected 850,000 jobs in June, though the overall unemployment rate edged up slightly to 5.9%. I joined CBS This Morning: Saturday to talk about the jobs numbers and the ongoing economic recovery. Mark and I also chatted about the heightened importance of having a proper work-life balance.
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Millions of families will receive monthly cash payments thanks to the new Child Tax Credit plan. In this episode I'll explain who qualifies and how much they'll get. Mark and I also do a little asset allocation for one of our faithful listeners.
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In your 20s with all sorts of financial questions from saving for a house to allocating your portfolio. Sounds like you're in need of a financial plan from Aunt Jill!
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Is it a bad idea if your overall portfolio consists of just one fund? Or are you likely to achieve better returns by using multiple funds?
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You've got a lot of money sitting on the sidelines, and you know you should get it to work, yet you're a bit spooked by current market conditions. What's the right approach?
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Forget the FIRE movement, I'm all about the FINE movement, a new acronym that was sent to us by a listener. Financial Independence, Next Endeavor. Having that financial stability to be able to pick and choose your next journey. That's the gist of the conversation with our latest caller.
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After reaching some pretty crazy highs, bitcoin has come back down to earth a bit, so does that mean it's a good time to invest in some cryptocurrency?
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If you know you've got some guaranteed pensions coming your way, does that give you permission to go pedal to the metal when it comes to your overall investing philosophy?
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In your 30s with an extra $1500 or so each month, what's the best course of action? Should you be investing the extra money? Beefing up the emergency reserve? Saving for a house down payment? This is what I like to call a good problem to have.
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CBS News business analyst and Certified Financial Planner Jill Schlesinger, takes the mystery out of your financial life. Jill helps guide you through whatever money decisions you're trying to make. New episodes available Tuesday and Thursday morning. Have a question? Email us at askjill at jillonmoney dot com.
The first episode of CBS Audio's Eye on Money premieres Tuesday, June 8th.
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