Coping with Parenthood in Your Golden Years; Grandparents Raising Their Grandchildren: Right On the Money! Helps Make Sense of Parenting Later in Life.

Entertainment Editors & Business Writers

MINNEAPOLIS & ST. PAUL, Minn.--(ENTERTAINMENT WIRE)--April 9, 2002

According to the 2000 census, 5.6 million children in the U.S. are being raised in households headed by grandparents. It is a growing trend and one that offers financial as well as emotional complications for people who did not expect to become parents again. To make matter worse, many grandparents are on a fixed income and may have enough in their savings for their own retirement, but not enough to care for young children. In an upcoming episode of Right on the Money!, we'll tackle this topic and help new caregivers find the balance between providing for their grandchildren and ensuring their retirement future.

Right on the Money! - a 30-minute, public television program- is back for a fourth season in 2002 (check your local listings). Whether you need a financial tool kit or a financial first-aid kit, Right on the Money! provides no-nonsense solutions. The series, hosted by award-winning journalist and financial expert, Chris Farrell, helps viewers become more financially literate by focusing on real life examples of people learning to make smarter money choices. Season Four will cover everything from surviving a layoff to updating the home you love.

"The show is about learning how to become more financially literate by organizing your money in ways that bring you closer to the kind of life you want to lead," said Farrell.

The program is produced by Twin Cities Public Television (TPT) with major funding provided by Allianz Life Insurance Company of North America.

"Just as Americans must have basic reading and math literacy to navigate successfully in today's world, they also need basic money-management skills," said Farrell. "We empower viewers with information and alternatives so that they can make educated financial decisions."

In addition to hosting Right on the Money!, Farrell also co-hosts a weekly one-hour radio call-in show on personal finance. The program is syndicated to more than 170 public radio markets nationwide. He is a contributor to PBS's Nightly Business Report. Farrell is also contributing economics editor at Business Week Magazine.

Right on the Money! also has a home on the worldwide web at www.rightonthemoney.org.