Young Money: How not to ask your parents for help

Graduating college is a huge accomplishment, but it doesn't necessarily prepare you for real-world issues like retirement (yes, you need to think about that now!), insurance and bills.

What the heck is a 401(k), or an IRA? How do you successfully stick to a budget when the weather is finally nice and all you want to do is spend money on endless amounts of guacamole and margaritas? And should you really be concerned about meeting with a financial adviser?

Young Money columnist Hadley Malcolm sits down with two Millennial colleagues — breaking news reporter Yamiche Alcindor and video producer Michael Monday — to talk about what they wish they had known about money when they graduated college.