These days, checks are direct-deposited, money comes out of a machine in the wall, and we swipe a plastic card to make a purchase. In other words, your kids can grow up thinking money comes in an endless supply if you don't show them otherwise. Jean Chatzky cardcheckday share on social
By definition, saving - for anything - requires us to not get things now so that we can get bigger ones later. That's hard. Our brains are hard wired to prefer the here and now. Jean Chatzky bigbraindefinition Change image and share on social
If you're not clipping coupons before going to the grocery store, you're overspending. If you're ordering in or going out to dinner because you don't feel like cooking, you're overspending. If you're not tracking where your money is going, you're very likely overspending. Jean Chatzky clipcookcoupon share on social
Optimism is an expectation that good things are going to be plentiful. The wealthy generally have the sense that life will bring good rather than bad outcomes. That doesn't mean they believe that good things will be omnipresent, but that they will outnumber the not-so-good. Jean Chatzky badbringexpectation share on social
Knowing where you stand in your quest to accumulate enough money for retirement is an incredibly important part of the planning process. Jean Chatzky accumulateimportantincredibly Change image and share on social
You may be basing a portion of your self-worth on your bank account without even realizing it. Try to pinpoint the activities and qualities that, free of charge, fulfill you. Jean Chatzky accountactivitybank Change image and share on social
If you're just starting out in the workforce, the very best thing you can do for yourself is to get started in your workplace retirement plan. Contribute enough to grab any matching dollars your employer is offering (a.k.a. the last free money on earth). Jean Chatzky contributedollarearth share on social
I'm big on setting goals, but I also think that if you have too many lofty ambitions and set goals for everything, you can sabotage your efforts by overextending your brain. Jean Chatzky ambitionbigbrain Change image and share on social
When you're setting up a budget, a general rule is to start with your fixed expenses - your housing and insurance payments, and car payment, if you own one. Jean Chatzky budgetcarexpense Change image and share on social
There's a laundry list of reasons why not to borrow from your 401(k). While the money is on loan, it's not working for you - and if you leave your job, you'll have to pay it back in 60 days or treat it as a taxable withdrawal. Jean Chatzky backborrowday share on social
