Thursday’s need-to-know money news

Today’s top story: Trump’s Tax Plan: Big Changes, Big Unknowns. Also in the news: Savings lessons from retirees for millennials, how to teach your kids about money when you’re a financial disaster, and why 40% of Americans spend up to half of their income servicing debt.

Trump’s Tax Plan: Big Changes, Big Unknowns
What we know so far.

Millennials, Take This Savings Lesson From Retirees
Retiree wisdom.

How to Teach Your Kids About Money When You Are a Financial Disaster Yourself
Learning from your mistakes.

40% of Americans spend up to half of their income servicing debt
Discretionary spending is a big part of the problem.

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