322: How to Manage Your Money, with Jill Schlesinger

Jill Schlesigner: Jill on Money Jill Schlesinger is the Emmy-nominated Business Analyst for CBS News, the host of the Jill on Money podcast and of the nationally syndicated radio show, Jill on Money, which won the 2018 Gracie Award for Best National Talk Show. She has been recognized as a Top 10 LinkedIn Influencer and a Top 10 LinkedIn Voice. She’s the author of The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs*. Key Points First Three Financial Steps: Pay off consumer debt Create emergency fund of 6-12 months of living expenses Maximize retirement contributions You only need a financial advisor once you’ve achieved the first three financial steps. Life insurance is a cornerstone of a family’s financial security. Think about if your death would result in financial hardship for someone else. 90% of people should buy term life insurance. Make sure your advisor is held to the fiduciary standard. Put a freeze on your credit file for each of the credit bureaus. Resources Mentioned Marilyn Pittman letsmakeaplan.org napfa.org – National Association of Personal Financial Advisors lifehappens.org Haven Life equifaxsecurity2017.com annualcreditreport.com The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John Bogle* Betterment Jill on Money Related Episodes Improve Your Writing With Practical Typography, with Matthew Butterick (episode 145) How to Engage With Humor, with David Nihill (episode 245) How to Reduce Drama With Kids, with Tina Payne Bryson (episode 310) Discover More Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic.