Kosher Money

What Every Financial Beginner Needs to Know About Money


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Money feels overwhelming? Tamar Snyder Chaitovsky shares tips on saving, budgeting, Roth IRAs, and the 50/30/20 rule. Learn how to plan, save, and build financial stability in this actionable episode!

You can reach Tamar at https://www.tamarsnyder.com/

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► COLEL CHABAD: Please help Israel as its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation!

00:00 Intro

01:02 Who Is Tamar Snyder Chaitovsky?

02:52 Parents Teaching Children About Money

04:04 Financial Education for Teens

08:30 Coming Up With Different Term Goals

10:05 Changing the Mindset of Teens

10:55 What is Budgeting

14:19 Needs Vs. Wants

15:20 How Much Should I Be Saving?

18:00 How to Practically Budget

21:21 BitBean

22:51 Twillory

24:07 Find What Works for YOU

25:05 Children & Money

26:44 Bringing a Spouse Into Money Equation

30:50 Being on the Same Page as Your Spouse

32:14 The Magic of Compound Interest

36:30 Interest Doesn’t Have to be Overwhelming!

40:52 How to Spend SMARTER

43:41 You are Influenced by People Around You

44:35 Colel Chabad

46:01 The Donors’ Fund

47:53 Make Sure to Look at All Your Bills

50:25 Life Insurance for Young Adults Is So Important

53:42 Health Insurance is Critical

55:19 Looking at a Paystub

57:30 FSA vs. HSA

58:28 What to Keep in Mind When Buying House

59:28 Paying Student Loans

1:00:40 Know Your Money Personality

1:02:23 How to Save Money on Kosher Food

1:03:44 Contacting Tamar

1:04:24 Living Smarter Jewish

1:05:57 Outro

LINKS MENTIONED:

• Monarch Money - https://tinyurl.com/MonarchM25

• EveryDollar - https://ter.li/5cs2h1 (In the first month of using Dave Ramsey’s app, most users cut monthly expenses by nearly 10%. Dang!)

• Rocket Money - https://www.rocketmoney.com

• Chase - https://tinyurl.com/ChaseApp25

• Empower - https://www.empower.com/get-started

• TillerHQ.com - https://www.tillerhq.com

• Ally Savings Bank App - https://www.ally.com/

• Get the LSJ School Curriculum: https://livingsmarterjewish.org/schools

• TheProject120.org, a crucial life insurance resource

✬ Donate Tax-Deductible and Inspire Millions: Your gift of any size enables Living Lchaim to share uplifting & educational content! » https://www.livinglchaim.com/donate

Need financial guidance? Get help from our friends at https://livingsmarterjewish.org/contact

WhatsApp feedback to 1-914-222-5513

All investment strategies and investments involve risk of loss. Nothing contained in our content, ads and videos should be construed as investment or personal advice.

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