Jill Russo Foster

Tips for Successful Personal Finances

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Save More for Financial Literacy Month

emergency-savings

Emergency savings are for when your car breaks down. It’s for an unexpected medical expenses. It’s for covering your bills if you’re between jobs.  It’s for unexpected home repairs. An emergency is something that must be taken care of right now or you won’t be able to get to work, have a place to live, or when you might have to choose between medical bills and utilities.

What it’s not: a savings account for things you think you need. No matter how much you think need to book a cruise, a nice vacation is a want. You will survive if you vacation at home with trips to the local beach. You will also survive without a smart phone, or cable TV, or a Kindle. You get the idea.

Once you have an emergency savings equal to one year of your expenses (yes, I said one year), then you can start saving for the fun things you want in life. Today, plan on how you are going to start saving for emergencies. Set up a regular savings amount from your pay that automatically goes to this account.

Our Financial Literacy Month Tips were From Thrive in Five

I was so happy to give you a month of savings ideas for Financial Literacy Month. I really hope they inspired you to think about your future and what you can do today to make your dreams a reality.

Every tip I shared with you was from my book, Thrive in Five. In Thrive in Five, I suggest improvements you can make to your finance situation in just 5 minuthrive_250tes a day for 1 full year. I ask you to take a hard look at how you do things and to make small changes with big impacts.

Each chapter is a month in the year.

January – Analyzing Your Bills
February – Reduce or Eliminate Expenses
March – Saving More
April – Organization
May – Clutter Cleaning
June – Selling or Donating
July – Credit
August – Debt Reduction
September – No Spending Month
October – More Income / Planning Ahead
November – The Holidays
December – Money Drains

Because I wanted you to focus on your savings, I gifted you 30 Tips for Financial Literacy Month.

If you want to make big improvements with small steps, do get the book!

Soft cover book available for $18.95. Ebook available for $14.95.

Available at BookLocker, Amazon and Barnes & Noble!

BookLocker Paperback EBook
Amazon Paperback Kindle
Barnes & Noble Paperback Nook

 

Get Your Copy Today!

Today is the last day for the discount.  Use code 10FinancialMonth to receive the discount, when purchased through my website.

Teach your children about finances.  Cash Credit and Your Finances: The Teen Years shares basic concepts of managing money including setting and living within a budget, working with a bank, opening accounts, managing credit and debt, paying for a college education, and making major purchases, such as a computer or car.

111 Ways To Save is meant to help people with their personal finances think outside the box to reduce their expenses, and getting them started on the path to financial independence.

Thrive In Five: Take Charge Of Your Finances In 5 Minutes A Day takes you on a year long journey with 5 minute a day suggestions to improve your finances. Each month works on a different aspect of your finances.

Don’t miss out, buy my books today!  They are 10% off in April when purchased at JillRussoFoster.com.  Select the book(s) and make the purchase through BookLocker (click the book picture) and use code 10FinancialMonth to receive the discount.

Financial Literacy Month – Tip #30

Looking Back

Here’s the tip from December 31 – Money Drains month:

Do you feel that you are taking charge of your finances? Remember, this is not a onetime thing and you will not be done forever. This is something that you need to work on throughout your life. My suggestion is to start the book over again tomorrow and build upon what you learned this year and continue to take steps to improve your finances. For right now celebrate what you have learned this year.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster  #30WaysToSave

Financial Literacy Month – Tip #28

ATM Fees

Here’s the tip from December 15 – Money Drains month:

These are a total waste of money. Think about your plans ahead of time and be prepared. There is no need to have to go to an ATM that will cost you a fee. Plan ahead for what you will need. If you find you need more money than you have on you, then think about what you want to buy. Do you really need it or could you live without it?

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster  #30WaysToSave

Financial Literacy Month – Tip #27

Credit Card Interest

Here’s the tip from December 10 – Money Drains month:

This is the biggest waste out there – paying interest on your credit cards. A perfect situation would be to never pay a penny in interest charges. But this is the real world and sometimes it cannot be avoided.

If you learn nothing else from this book, get your finances in order and develop good money habits. That includes getting rid of debt and only charging what you can afford to pay off monthly.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster  #30WaysToSave

Financial Literacy Month – Tip #26

Storage Space

Here’s the tip from December 1 – Money Drains month:

Storage space to me is a waste of money unless it’s for a temporary situation. More stuff than you have the room for is usually stuff you don’t really need and therefore paying good money to store it is usually money wasted. Get rid of the stuff in storage and save the cost of storage.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster  #30WaysToSave

Financial Literacy Month – Tip #25

Gift Buying

Here’s the tip from November 15 – The Holidays month:

By now you know who you are going to buy gifts for. You have pared down the list to fit your spending plan. Now is when the rubber meets the road and you actually need to start shopping. You should list a few alternatives for each person on your list, making sure the gifts are within your budget. Begin to check the internet, newspaper ads and whatever else you can think of to ensure you get the best price (or at least a very good one). If you can stand the thought of fighting the crowds remember Black Friday is a time for really great prices or maybe Cyber Monday to shop online.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster  #30WaysToSave