Spending your money in the right way starts with understanding how you’re spending your money. Reviewing credit card and bank statements or using an online expense-tracking tool will help bring awareness to how you’re spending your money. If you don’t currently have a system in place, I recommend you give Mint a try. Check out my recommendations for best practices with Mint.
Take Charge of Your Student Loans
6 Steps to Setting Better Goals
After a whirlwind holiday month packed with loads of people and activities for which I’m very grateful, I found myself short on time for reading and writing. Who knew applying to public kindergarten in New York City was so complicated?! In this month’s quick-fire Fiscal Therapy, I hope you find the following tips on goal-setting helpful as you set your sights on 2017. Happy New Year!
Thankfulness & Perspective
Save Effortlessly, Not Mindlessly
Can technology help us create better saving habits? I recently read this article reviewing apps that aim “to make saving as effortless as spending.” While these tech tools can be really useful, it’s important that effortless doesn’t become mindless. How and when should you consider integrating a savings or investing app into your financial world? Here are a few reasons why an app might help your savings efforts.
Questions you should ask any financial advisor
There’s a wide spectrum of professionals who call themselves financial advisors. You need to know how to tell the difference between pure salespeople selling products and advisors committed to providing quality advice and acting in your best interest. Also, if you or a loved one works in public service, don’t miss the New York Times article below highlighting the pitfalls of some 403(b) retirement plans.