8 smart tips from personal finance experts to make the best decisions with your money right now
Business Insider
- With so much going on in the world, it can be difficult to feel secure about your finances. But there are many strategies that can help you keep your head — and your money.
- In a recent conversation hosted by BI, experts Anna N'Jie-Konte, founder of Dare to Dream Financial Planning, and Kelly Lannan, vice president of Young Investors for Personal Investing, a unit of Fidelity Investments, spoke with Tanza Loudenback, personal finance correspondent, about how to reset a financial plan, rebuild an emergency fund, and more.
- Featuring video soundbites from the event, this article provides a toolkit for creating and sticking to a financial plan, even during times of uncertainty.
- You can watch the entire video from the event here.
Financial uncertainty became a symptom of the global pandemic, regardless of anyone's individual financial circumstances. And, for millennials, many of whom graduated into the Great Recession, the challenges ahead seem even more overwhelming.
To speak to these topics, BI convened a live digital bootcamp event on Planning for the Future in Uncertain Times, part of our Master your Money series. It featured Kelly Lannan, vice president of Young Investors for Personal Investing, a unit of Fidelity Investments, and Anna N'Jie-Konte, a certified financial planner and host of the "First-Gen Realness" podcast.
We've taken their insights and created a toolkit on planning for the future in uncertain times.
Table of Contents:
- Uncertain times are great for starting or changing your plan
- Don't just plan, take action
- Use the tools available, and the ones you like best
- Good strategies for managing your cash
- Homeownership — is it right for you?
- Investing is for everyone, not just the wealthy
- Mistakes happen, but don't get discouraged
- Take time to celebrate your wins, no matter how small
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