Friday’s need-to-know money news

Today’s top story: How to gift stock to a new grad. Also in the news: Memorial Day weekend sales, what to do if you miss a financial goal, and why your 401(k) can be a cash drain.

How to Gift Stock to a New Grad
A gift for the future.

Making a Major Purchase? Wait for Memorial Day
But remember the real reason for Memorial Day.

If at First You Miss a Financial Goal, Try, Try Again
Don’t give up!

Why your 401(k) can be a cash drain
It’s possible to be “401(k) rich and cash poor.”