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Heres how much money you should have saved by the time youre 30
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Investment firm Fidelity Investments told Marketwatch that you should have a years salary saved up by the age of 30. - photo by Herb Scribner
Experts told MarketWatch you should have a certain amount of money saved up before you hit your 30th birthday.

Investment firm Fidelity Investments told MarketWatch that Americans should have a years salary saved up by age 30.

By 35, you should have twice your salary saved, the firm said.

Currently, the median retirement savings for a 30-year-old worker stood around $45,000.

MarketWatch acknowledged the expert advice doesnt align with reality.

The problem? Not everyone is saving or can save that much toward retirement, according to the MarketWatch article. Either theyre living paycheck to paycheck, dont know about the accounts available to them or simply arent thinking about the amount of money theyll need in their futures. Only a third of Americans are saving money in an employer-sponsored or tax-deferred retirement account, according to the U.S. Census Bureau.

Such problems as student debt, rising housing prices and wedding costs have derailed todays millennial generation from saving for the future.

Alexander Rupert, assistant portfolio manager at Laurel Tree Advisors, told MarketWatch the balance between spending and saving is important.

Its important to be saving for retirement while doing all these things at the same time, he said.

This advice comes as Northwestern Mutuals 2018 Planning & Progress Study shared that 78 percent of Americans feel extremely or somewhat concerned about not saving enough money.

In fact, 66 percent of respondents believe theyll outlive their savings.

The study found 21 percent of Americans have no savings for the future, while 10 percent have less than $5,000 tucked away.

On average, Americans have $84,821 in retirement savings, which CNBC called far from enough.

Rebekah Barsch, vice president of planning for Northwestern Mutual, told CNBC its never too late to start saving.

"The good news is that it's rarely too late to start," she said. "In fact, we often compare financial and physical fitness because the hardest part is taking the first step. However, once people commit to a strategy and start seeing positive results, they're motivated to meet and even exceed their goals."
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How to avoid 'sharenting' and other paparazzi parenting habits
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A recent study revealed parents often spend up to two hours staging a single photo of his or her child to post online. - photo by Amy Iverson
Before having kids, some people just dont appreciate their friends baby posts. But after having a child of their own, three fourths of new parents jump right on the parental social media bandwagon. If you have become a member of this group, there are some rules to follow for posting responsibly.

Much of a parents worry is how to teach their children to use social media responsibly. We talk with our kids about privacy, oversharing, and setting restrictions on their devices to keep them safe. But parents themselves need to look in the digital mirror once in a while. Before having children, it doesnt take as much effort to think about what to post online. Its up to us to decide what we share about our own lives. But once you become a parent, there are many questions to think about regarding what is appropriate to post about your kids on social media.

In a recent survey, kids clothing subscription company Mac and Mia surveyed 2000 new parents to find out how they are documenting their kids lives on social media, and what concerns they may have.

First of all, people without children seem to feel a bit differently about the onslaught of baby pictures online than those who are parents. 18 percent of people say before they had kids, they were annoyed by their friends baby posts. But after having children of their own, 73 percent admit they post progress pictures of their little ones every single month.

Not only are new parents letting the world know each time their baby is a month older, but they are posting about their kids every few days or so. Men and women report they post 6-7 times per month about their baby.

And while 70 percent of new parents say the benefit of using social media is how easy it is to help family and friends feel involved, there are some downsides. Here are a few tips to avoid the pitfall of becoming paparazzi parents.

Dont miss the moment

In the Mac and Mia survey, some parents admitted to spending up to two hours to get the perfect shot of their baby. That seems a little extreme. New and old parents alike should be careful about spending so much time taking pictures and videos that they dont enjoy the moment. Years ago, I decided to never live an experience through my phone. A study by Linda Henkel, a psychology professor at Fairfield University in Connecticut, found that when people took pictures of objects in an art museum, they didnt remember the objects as well as if they simply observed them.

This photo-taking impairment effect can happen to parents as well. If we are so consumed by getting the perfect photo, we can miss out on the moment all together, and our memory of it will suffer.

Dont forget about privacy

60 percent of couples say they have discussed rules and boundaries for posting their babys photos, according to the Mac and Mia survey. Even so, men are 34 percent more likely to publish baby posts on public accounts. If parents are concerned about their childrens privacy, keeping photos off of public accounts is a given.

In the Washington Post, Stacey Steinberg, a legal skills professor at the University of Florida, and Bahareh Keith, a Portland pediatrician, wrote that sharing too much information about kids online puts them at risk. They write that all that sharenting can make it easier for data thieves to target out kids for identity theft. Check that your privacy settings are where they should be and never share identifying information like full names and birth dates.

Dont be paparazzi parents

36 percent of parents say they take issue when their childs photo is posted online by someone else. Responsible social media users will always ask permission before posting a photo of another child. But parents should also think about whether their own children will take issue with their own posted photos a few years down the road.

When parents are constantly snapping pictures and throwing them on social media, it can be easy to forget to pause and make sure the post is appropriate. I always use the billboard example with my kids. I ask them to picture whatever they are posting going up on a billboard in our neighborhood. If they are okay with that, then their post is probably fine. Parents should ask themselves this same question when posting about their children. But they should also ask themselves if their child would be OK with this post on a billboard in 15 years. If it would cause embarrassment or humiliation, it might be best to keep it private.

Once children reach an appropriate age, parents should include them in the process of deciding what pictures are OK to post. Researchers at the University of Michigan surveyed 10- to 17-year-olds and found children believe their parents should ask permission more than parents think they should. The kids in the survey said sharing happy family moments, or accomplishments in sports, school and hobbies is fine. But when the post is negative (like when a child is disciplined) or embarrassing (think naked baby pictures or messy hair), kids say to keep it off social media.
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