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

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