On this week's Money Matters, Scott publicly discusses his experience as a foster parent for the first time. Scott and Pat then announce a new philanthropic endeavor called Allworth Kids, which will encourage people to help foster children, and includes a company-wide campaign to donate $1 million to the Ticket to Dream Foundation.

Scott and Pat advise a single father who wants to know if he should buy more life insurance or invest in the stock market to help his two daughters. A retired caller recently moved to Eugene, Oregon, and wants to know if she should buy a house for $400,000 in cash or take out a mortgage. Finally, a Mount Shasta caller asks if he should use his deferred compensation to buy an annuity.

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Why we’re donating $1 million to help foster children. 52:45 Share

Allworth Financial‘s Money Matters

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Why we’re donating $1 million to help foster children.