Word of the WEEK - Nature!

Topic of the week: Healthy Financial Habits

Video of the week: 12 Ways to be better with money by The Financial Diet

https://www.youtube.com/watch?v=sygf_q6WELE&feature=youtu.be

We have 12 tips for you this week breaking down some do-able and not-so-painless ways to get your financial habits in check.

1) Use a budget app like Mint or you excel spreadsheet

2) Automate your savings. Have money go directly into your savings every month

3) Credit rehab - one way you can build your credit is by paying your bills on a credit card and then set up your checking account to pay off credit card every month. If you can do this you will improve your credit and also get points or miles on the card.

Advice from 7 money experts

Dan Levine Entrepreneur & Business Owner

4) Know your credit score- Most of us will seek a bank loan at some point so its important to know your credit score and research ways of improving it.

J Money - Founder of Rockstar Finance

5) Track your net worth. This may be hard to see your assets and debts but remember, we aren’t doing this to shame ourselves, this is to get a clear picture of our financial situation so we can improve it. And we can’t improve it if we don’t know what to improve.

Allison Elkund, Financial Advisor

6) Make sure that you are adding to your retirement fund. Remember that when you add to that, that money gets tax breaks.

Bridget Eastgaard founder of Money after Graduation & an MBA in Finance

7) Put at least 10 dollars toward your debt or savings every month

Jane Hwangbo - Investment analyst

8) Forgo one thing a day that you planned on buying and feel good about it. And make it a habit.

Jaclyn Gallo - writer and ad tech analyst in NYC has 3 tips

9) Open second checking account incase of the first being

10) Sort debts high to lowest so that you can plan how to pay them off.

11) Plan and buy most groceries at once so that you’re like to not over buy and spend

Sarah Noelle - blog The Yatchless

12) Open an acorn account

Which tips are David and Dave going to implement?

Which tips are you going to implement?! Please share with us and also some of your own financial tips for that worked for you. Join us next week, when we check in with the Davids once again! Our monthly check in. Remember to SUBSCRIBE and SHARE

Join us on our live it or waste it Facebook page and our Facebook group - just search Live It Or Waste It NOW - to find us!

DG: www.SomeoneTalkedMedia.com

DW: www.weindesigns.com

Now go out there and live it!

Don’t waste it!