here to discuss the cbs news business analyst jill schlesinger. >> jill, always good to see you. >> whats behind this trend? >> these kids grew up in a once in a generation recession. iit really booked sthenl and saw the credit bubble burst, it affected them their family and friends, they are weighed down by student loans and as a result they don't want more debt on top of that and they are turning to debit cards but remember the debit cards they don't establish a credit history and could make it hard to buy a car or house in the future. >> all these seem like valid concerns, not building up the debt. >> yes, i guess i would feel better if there wasn't so much ms. information, a recent survey found 40 percent of the mill yen thals cat carrying a balance actually improves your credit score, obviously that is not so. >> 33 percent believe that checking your score hurts your credit, 25 percent don't even know their score at all. >all. meanwhile other big credit news, apple pay was announced how does that announce the game? >> it won't get rid of credit but maybe your plastic credit card, do

jill schlesinger is in our toyota green room with her eye on the money. in order. only three? that's ahead on "cbs this morning." we'll be right back. losing your chex mix too easily? deploy the boring potato chip decoy bag. with a variety of tastes and textures, only chex mix has twenty bags of interesting. pick your mix. where the reward was that what if tnew car smelledit card and the freedom of the open road? a card that gave you that "i'm 16 and just got my first car" feeling. presenting the buypower card from capital one. redeem earnings toward part or even all of a new chevrolet, buick, gmc or cadillac - with no limits. so every time you use it, you're not just shopping for goods. you're shopping for something great. learn more at buypowercard.com bananas... rice cakes... raspberries... toast! [ kelly ] jif hazelnut spread makes anything your new favorite thing. spoons! which is why this choosy mom chooses jif. spoons! claritin-d presents two allergy sufferers. one tried nasacort, which could take up to a week to feel maximum nasal symptom relief.

jill schlesinger is in our toyota green room with the steps better investors than men.e. >> i have to say that again. women are better investors than men. did you hear that? >> i did. >> did you hear that, norah? that's next on "cbs this morning." sir, we're going to need you on the runway. (vo) theraflu starts to get to work in your body in just 5 minutes. (vo) theraflu breaks you free from your worst cold and flu symptoms. (vo) theraflu. serious power. [ female announcer ] your favorite coffee-mate seasonal flavors are back. ♪ fa la la la, fa la la la and they're as delicious as ever. ♪ so add coffee-mate peppermint mocha to your favorite time of the year. coffee-mate. season's perfect mate. try new nestle toll house creamers from coffee-mate. the taste you love baked into every cup. nestle. good food. good life. in the nation... the safest feature in your car is you. add vanishing deductible from nationwinsde iurance and get $100 off for every year of safe driving. which for you, shouldn't be a problem. just another way we put members first because we don't have shar

lament the fact we're not royals. >> no kidding. >> a lot of winners. >> or lotto winners. >> jill schlesingerrayed for rain on their wedding day and that's what they got. after the break, how bad weather made a couple's special day a one to remember. >> plus, they don't look much like pinups. why these horses are about to become clen girls. >> stay with us. we'll be right back. ,, ,,,, that will be $22 dollars and 50 cents. $22.50. that's insane! jack. what? it's not even a meal? right now, at my place you can get my spicy chicken club combo. it's my classic spicy chicken breast with bacon and melting cheese on toasted sourdough plus fries and a drink for just $4.99. aww, you're just a big softy. nah, i'm still sad about the popcorn. looking for one of these? yoplait. smooth, creamy, and craved by the whole family. expected to vote on a progr. expected to greet the boardf supervisors ahead of their meeting 're >>> happening today in sonoma county protestors are expected to greet the board of supervisors ahead of their meeting tonight in santa rosa. they are calling for the removal of sheriff'

. >> cbs news business analyst jill schlesinger is here to tackle this complicated and often emotionalopic. jill, i guess the question out of the chute here, who needs life insurance and how much is enough? >> reporter: well, if you think about it, anyone whose untimely death would cause a financial hardship for survivors needs coverage. there's also folks to need to create liquidity for estate purposes. if you are in that first category, you need enough coverage to provide for your survivor's living expenses, maybe for future retirement needs of the surviving spouse especially if you are the primary wage earner and to fund future educational expenses. as for how much, this is kind of a murky rule but there used to be a rule of thumb, 8 to 10 times your annual income. but you don't have to do a rule of thumb anymore. with the use of technology, it's symptom get your specific needs with a calculator. the one provided by lifehappens.org is really easy and pretty accurate. > there are different types of insurance. which one is best? >> reporter: well, i think for most people, especially f

information and security tips if you think you have been compromised. >> credit card 101 from jill schlesingern this thursday morning. thank you, jill. have a great day. >> reporter: okay, you, too. >>> 5:42 right now. drivers overcharged by the dmv. after the break, who paid too much and what some claim is a simple fix that's not being done. ,,,,,,,,,,,,,,,, events related to the nine- eleven attacks that happened thirteen ♪[ music ] ♪ what so proudly we hail at the twilight's last gleaming ♪ whose broad stripes and bright stars ♪ through the perilous fight ♪ oer the ramparts we watched were so gallantly streaming ♪ >> you're listening to a memorial at the twin towers, the site of the 9/11 attacks 13 years ago. today, those two planes hit those two towers as they sing the national anthem and honored those who died. >> this is a live look right now at new york city. we just saw former mayor rudy giuliani in the crowd there. hundreds of people have gathered to commemorate the september 11th anniversary. 13 years ago. but it's still a day that we all remember. we all know where we were at the ti

cbs analyst jill schlesinger is here to show us why women cannot afford to be on top of their money.en have so much buying power. how is it that women are not in control of their finance issues? is it a knowledge issue? >> i'm not sure. it may be a legacy issue. what's really interesting is when you think about it, 90% of women will be taking care of their money at some point in their lives. it's because we have a longer life expectancy, and as a result it's really important to know something. you don't haven't to no everything but you really have to be aware. and i think another piece of this, women make less money than men. so if you end up being a single woman, you're going have a harder time reaching those retirement goals. >> what should they do? >> well, number one, i think it's so important to share information. so this realis really a big dea. i'm not sure that men aren't but you have to make sure you're on the same page defining your goals, creating a game plan together and you should revisit those goals and that plan as your life changes. maybe you have baby, take a differe

jill schlesinger is here to show us why women cannot afford to not be on top of their money.t in control of their finances? is it a knowledge issue? >> i'm not sure. it may be a legacy issue. what's really interesting is when you think about it 90% of women will be taking care of their own money at some point in their lives. it's because we have a longer life expectancy. and as a result, it's really important to know something. you don't have to know everything, but you really have to be aware. and i think another piece of this, women make less money than men, so if you end up being a single woman, you're going to have a harder time reaching those retirement goals. >> what should they do? >> well, i think number one, it's so important to share information. so this is really a big deal. i'm not saying that you can't outsource it. your spouse may be a much better money manager than you are around you say he or she is taking care of it i'm okay. you've got to know what's going on. how do you start? you should both be on the same page defining your goals. create a game plan toget

government will release the august employment report and according to cbs news business analyst jill schlesingeromentum. what is expected in tomorrow's big report, jill? >> reporter: we'll probably get about 225,000 jobs in august. unemployment should stay around 6.2%. the economy has introduced 230,000 jobs per month this year putting 2014 on track to be the best year since 1999 for job creation. >> what are other signs the job market could be picking up? >> reporter: in addition to the monthly data, we know that weekly jobless claims have been around eight-year lows. we just got another reading this morning. and small businesses are feeling more confidence in the overall economy. the future of their own businesses and have made important steps forward in hiring. we just got an adp report out that showed that small businesses hired more than large businesses last month. as a result, now may be a great time for disgruntled workers to tune up those resumes and restart the old job search. >> yeah. get out there and look. so how should we start? >> reporter: i talked to career experts and they say

you can go to jillonmoney.com. >> always great advice, jill schlesinger live in new york. thank you jill. >>> trump plaza casino in atlantic city just closed its doors this morning. in what's been a horrific year for the area's casinos. it joined the rebel, the atlantic club and show boat in going out of business this year. the parent company is also threatening to shut down the sister casino the trump taj mahal in november. only eight of atlantic city's 12 casinos remain open. >>> 5:41. do you know your buffer zone that is? the three foot rule is coming the bay area streets after the break how it will affect every california driver and bicyclist. i'm a doctor of internal medicine with something terrible to admit. i treated thousands of patients, risked their lives, while high on prescription drugs. i was an addict. i'm recovered now, but an estimated 500,000 medical professionals are still out there, abusing drugs or alcohol. police, airline pilots, bus drivers... they're randomly tested for drugs and alcohol... but not us doctors. you can change that: vote yes on proposi

and i urge you to check it out and yes, sooner is always better than later. >> all right jill, jill schlesinger great thoughts as the kids head back to school. thanks. >>> well, traffic is once again moving on i-280 in san francisco after a construction project shut down all northbound lanes for several days. crews were doing seismic repair work on the freeway between the 101 split and king street. the shutdown began thursday and ended before 10:00 last night several hours ahead of schedule. it was the third and final holiday weekend shutdown for 280 in san francisco. >> yeah caltrans 3-3. three big jobs and they got them all done early right liz? >>> they did. yeah relief to commuters for sure. you can tell this was a back to work tuesday for everyone. they switched on the metering lights of the bay bridge yesterday all was career. never had any metering lights. well now even the fast track lanes are backing up. stacked up through the of crossings though at least 1, 15 minutes just to get onto the bridge. the good news is once you get onto the bay bridge, everything looks pretty good into san

jill schlesinger is in our >>> good morning, everyone, it's wednesday, september 10.in but it's an earlier burnoff. temperatures in the 50s and 60s and later today, much warmer than yesterday. you will feel the difference. good morning pacifica. 67 degrees your forecast high to mid-90s athroughout the tri- valley. 86 degrees in san jose. extended forecast, we have triple digits by friday. >> announcer: this portion of "cbs this morning" sponsored by cvshealth because health is everything. e, please, please. [ male announcer ] the wish we wish above all...is health. so we quit selling cigarettes in our cvs pharmacies. expanded minuteclinic for walk-in medical care. and created programs that encourage people to take their medications regularly. introducing cvs health. a new purpose. a new promise... to help all those wishes come true. cvs health. because health is everything. wherever morning takes you take along nature valley soft-baked oatmeal squares. oatmeal. cinnamon. softly-baked. nature valley soft-baked oatmeal squares. [announcer] word is getting out. purina do

. >> for more we are joined by cbs business analyst jill schlesinger up in insuring, hi jill, good morning>> reporter: good morning. >> who needs life insurance and how much is enough. >> i necessity this is a tough topic but remember the people need insurance are those who untimely death would cause a financial hardship for their survivors. we put people in that category who might need to create lick witty for estate purposes. lets say you are in the the first category you need enough coverage to get your survivors living expenses, afforded by them, to provide future retirement needs of the surviving spouses specially primary wage earner and fund future educational expenses for your kids. as for how much, there used to be an old rule of them, eight to ten times your annual income. that sound like a lot the but if you want to pinpoint it, just go on line, is there a calculate or provided by life happens.org which is a really easy one to use. you can get your specific life insurance needs? all right. also there are different types of insurance so which is the the best. >> reporter: i think

. >> here to explain why food prices are rising is cbs news business analyst jill schlesinger on this tuesday morning and jill, where are we seeing the biggest price increases right now? >> reporter: it's true that overall prices are only up 1.5% from a year ago but food prices jumped 2.2%. that was the biggest gain in over two years. big culprit is a category the government calls meat and poultry. a 7.8% spike in prices from a year ago. now if we drill down into that category, beef and veal prices, they're up 15%. pork prices are up almost 12%. and we have even more recent data just in the last 30 days, that shows that there's been no letup, processed meats including baloney and hot dogs they've increased by 6.9% in 30 days. vegetable prices up by 3.9%. >> what is the reason for these increases? >> reporter: you know, the underlying commodity prices have been rising due to a variety of factors. of course you guys know about the drought but there have been drought in other parts of the world besides california. we've seen agricultural diseases and even had a problem with chicken ferti

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jill schlesinger is here.ood morning. >> good morning. >> so this breach is larger than the one that hit target and some 40 million customers there? >> yeah, it looks like it could be. been going on for four months now. could be up to 60 million different accounts and target had 40 million. so this is a pretty major big deal. also happened during the very busy home season for home depot. retailers, doing your home renovation is this really a major breach. >> how is the company fighting it? >> well they're working with law enforcement, secret service, as well as security protection companies to find out the extent of it. i'm not sure the company knows the extent of the problem yet which sort of makes you feel crazy. as a customer you wonder what should you do. but the company says don't worry, any fent charges we will eat it. and you should be monitoring your bank activity. look for anything that looking strange and flag it immediately. >> who is behind this? the same people behind the target episode? >> well i

. >> before you fall into bad habits, cbs news business analyst jill schlesinger has tips to better manageyour plastic. she joins us from new york, hi jill, good morning. >> reporter: good morning. >> and you are in the one of the money types who say only use cash, correct. >> yeah, i mean unless you have enough machine toy make not the just day to day convenience but large purchase like a car or house you will need credit. now the trick with credit cards is that you have got to make all have of those payments on time, no exceptions, and you know you cannot run up big balances because this is the the debt that will probably be the the most expensive thaw will ever carry. industry average right now, 15 percent interest rate. >> ouch, that adds up fast too. >> a lot of people prefer debit cards, millennials, is what your opinion about debit verse credit. >> debit cards are interesting because they pull fund directly from your bank account so they help you keep track of your money better but here's the problem, they do not help you establish a credit history, and, they could expose their owne

. >> according to cbs news business analyst jill schlesinger the market is gaining momentum which makesit a good time to refresh your resume and jobs search. she joins us live this morning. jill, good morning to you. >> good morning. >> so what is expect in tomorrow's. >> reporter: report we will get about 225,000 jobs in august, unemployment rates should remain at 6.2 percent. maybe we will dip to 6.1. despite a very slow start to the year the economy has produced an average of 230,000 jobs per month this year. that puts 2014 on track to be the best year, since 1999, for job creation. >> that is great. >> any other signs out there that the job market could be picking up. >> in addition to the monthly data weekly job less claims are at eight weeklies. here's a bit of good news, small businesses, say they are feeling more confident in the overall economy, future of their own businesses and they have now made very important steps forward in hiring. we know we saw small businesses really lag in adding employees, as a result, now may be a really great time for disgruntled workers to tune up

jill schlesinger is with us. good morning. this seems outrageous, $4 to get your own money? it is our own fault, we don't walk the extra few blocks to go to our atm, overdraft fees up by $15 this is the fifth consecutive year that we've seen overdraft fees. we're up to 32 bucks for overdraft fees. a lot of people just don't need to be doing this and they're signed up for these services and it costs them lots of money. >> listen, i think we're now going to start walking. i remember when the charge was a dollar. there is something wrong about paying to get your own money out of your account. so what can we do to avoid the fees other than walking? >> besides walking, you do want to check with your banks before you go out. there are banks that offer free atm charges. that's the onus on us. to avoid overdraft fees you can get an app or text alert when your balance goes below a certain level, you know that, you don't run up the charge and pay the fee. by the way, experts say debit card universe should not be enrolling in auto draft protection because it really costs so much money.