Save...Save...Save...Save!  Yes the economy is on the rebound, but CBS News Moneywatch Editor at Large says this is no time to let up on the savings.  Tony chats with Jill this morning.



Are you a helicopter parent?  If so, just how much harm could you be doing to your child?  Tony and Cindi sit down with Dimension Family Therapist Dr. Charles Pemberton who offers some indications you might be flying too close.


With the recent report on home prices showing the biggest year-over-year gain in more than six years, one employment authority predicts a surge in relocation by job-seeking homeowners in 2013, which could ultimately help to accelerate the decline in unemployment rates. "One factor that has kept unemployment rates high has been the inability of underwater homeowners to relocate for employment opportunities. With home prices bouncing back, even those who may now simply break even on a home sale might consider moving to a region where jobs are more plentiful. This could spark a more rapid decline in the unemployment rate over the next year," said John A. Challenger, chief executive officer of Challenger, Gray & Christmas, Inc. As of December, there were still more than 130 metropolitan areas where the unemployment rate stood at 8.0 percent or higher and nearly 50 where the rate was at or above 10 percent, according to data from the Bureau of Labor Statistics. Meanwhile, there are about 20 metropolitan areas where unemployment is below 4.5 percent. "It is likely that employers in these low-unemployment regions are actually struggling to find available workers with the skills need to fill job openings," said Challenger. Relocation for employment opportunities has been difficult in this recovery due to the collapse in home values. At the end of the third quarter, 22 percent of residential properties remained underwater, according to the latest available data from real estate analytics firm CoreLogic. However, the percentage of underwater homeowners is likely to have declined since that last reading, based on the fact that December not only marked the tenth consecutive month of increased home prices, but it saw the biggest gain since May 2006, according to CoreLogic. What's behind the surge in relocation by job-seeking homeowners in 2013? With Tony is CEO of Challenger Gray and Christmas Consultancy & Productivity Expert John Challenger.