50 Tips for Living Your Best Money Life

First Things First: A Few Financial Basics

1. Create a financial calendar. 

2. Check your interest rate.

3. Track your net worth.

How to prepare Budget Like a Econoist

1. Set a budget. Period

2. Consider an all-cash diet.

3. Take a daily Money Minute.

4. Allocate at least 20% of your income toward financial priorities.

5. Budget about 30% of your income for lifestyle spending.

6. Draft a financial vision board.

7. Set specific financial goals.

8. Adopt a spending mantra.

9. Make bite-size money goals.

10. Banish toxic money thoughts.

11. Get your finances–and body—in shape.

12. Learn how to savor.

13. Get a money buddy.

How to earn more money ??

1. When negotiating a salary, get the company to name figures first.

2. You can negotiate more than just your salary.

3. Don’t assume you don’t qualify for unemployment.

4. Make salary discussions at your current job about your company’s needs.

 5. Start with small debts to help you conquer the big ones.

6. Don’t ever cosign a loan.

7. Every student should fill out the College Scholarship!

8. Always choose federal student loans over private loans.

9. If you’re struggling with federal student loan payments, investigate repayment options.

10. Opt for mortgage payments below 28% of your monthly income.

Shop Smart As Per Requirement

1. Evaluate purchases by cost per use.

2. Spend money on experiences instead of things.

3. Shop solo.

4. Spend on the real you—not the imaginary you.

5. Ditch the overdraft protection.

Save for Retirement NOW!!

1. Start saving ASAP.

2. Do everything possible not to cash out your retirement account early

3. Give money to get money.

4. When you get a raise, raise your retirement savings too.

Track Your Credit

1. Review your credit report regularly—and keep an eye on your credit score.

2. Keep your credit use below 30% of your total available credit.

3. If you have bad credit, get a secured credit card.

Get Properly Insured

1. Get more life insurance on top of your company’s policy.

2. Get renters insurance.

Prepare for Financial Days

1. Make savings part of your monthly budget.

2. Keep your savings out of your checking account.

3. Open a savings account at a different bank than where you have your checking account.

4. Direct deposit is (almost) magic.

5. Consider switching to a credit union.

6. There are five types of financial emergencies.

7. You can have too much savings.

Investing

1. Pay attention to fees.

2. Rebalance your portfolio once a year