Episode 25: Savings, interest rates, overspending and buying gifts for your kids

2017-12-16

We cover a lot of topics in this episode but the main theme is about savings. We talk about: A news article that says most Americans aren't saving enough and that an improving economy gets people out of a saving mindset. How much should you be saving per yer? Where you should keep your savings based on ease of use and interest rate? The major places most people overspend and how to correct the behavior. (I'm looking at you Starbucks) Mind blowing ways to buy presents for your kids this holiday season. Here are some resources for finding the best savings account for yo...

We cover a lot of topics in this episode but the main theme is about savings.

We talk about:

A news article that says most Americans aren't saving enough and that an improving economy gets people out of a saving mindset.
How much should you be saving per yer?
Where you should keep your savings based on ease of use and interest rate?
The major places most people overspend and how to correct the behavior. (I'm looking at you Starbucks)
Mind blowing ways to buy presents for your kids this holiday season.

Here are some resources for finding the best savings account for you:

http://www.magnifymoney.com/blog/earning-interest/best-online-savings-accounts275921001/

https://www.nerdwallet.com/banking/best-savings-accounts

Make sure you join our Podcast Facebook group and the Financial Coaches Unite Facebook Group.

If you have a goal or a New Year's resolution to get your personal finances in order check out our online workshops coming up on January 6th:"5 Steps to a Better Budget" or "5 Steps to a Better Budget: Solopreneur Edition".

If you want to join the Meal Prep Challenge, which starts January 1st, 2018, check out the info and registration page.

Finally, if you love personal finance, are proud of your budget and want to help people feel good about their money; or you are already are a financial coach, check out Financial Coach Academy. (Use code: earlybird by December 31, 2017 to get $500 off)