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Have a Huge Emergency Fund
Many financial experts recommendhaving a three-to-six-month emergency fundavailable at all times.
Orman is more aggressive.
She recommends having at least eight months of money at the ready to cover unexpected costs.
Opt For Debit Cards Over Credit Cards
You probably know by now thatcredit cards are dangerous tools.
Make Getting Out of Credit Card Debt Your No.
The damage has already been done, and the blemish will remain on your credit report for seven years.
It can be $10 a month, $200, or $1,000.
All I insist is that you make this automatic.
That is a proven way to stay committed to a savings goal.
Having money zapped from your checking account into your savings accounts is free too.
The set it and forget it approach is how you will reach your savings goals.
Save and invest for retirement as though youll be among those blessed with super longevity.
And living into your 90s is not nearly as rare as you may think.
Investing is a long-haul game.
Play it wisely and calmly.
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