Friday’s need-to-know money news

valentines-day-money-100092381726Today’s top story: How your net worth can keep your budget in check. Also in the news: What to do when your employer switches 401(k)s, protecting elderly parents finances, and watching out for Valentine’s Day scams.

Calculate Your Net Worth While Budgeting to Maintain Perspective
Looking at the bigger picture in order to focus on the smaller one.

Your Best Moves When an Employer Switches 401(k)s
First move: Don’t panic.

Why Do Elderly Parents Fall For Scams That Seem So Obvious To Us?
How to protect elderly parents from falling victim to financial predators.

Don’t Fall for these 5 Valentine’s Day Scams
Guarding your heart and your money.

The Hidden Costs of Buying a Car
Don’t let your wallet get taken for a ride.