By Alyssa Goldman, Cheapism.com
Jean Chatzky, financial editor of the "Today Show" and author of seven personal finance books, strives to help baby boomers become and stay solvent. On her new RLTV series, "Money Matters with Jean Chatzky," Chatzky tackles issues that matter most to the 50-plus demographic, such as retirement and funding a child's college education. Viewers take to Skype, Twitter, Facebook, and email to get their questions answered.Jean Chatzky, financial editor of the Today Show and author, has financial tips to share.
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Below is a sample of her best tips.
Save, save, save. Have a goal in mind and save up for it; this will stop you from making impulse buys. Not sure if you should make that purchase? Chatzky suggests thinking it over for 24 hours. "Often you'll decide you didn't need it anyway," she says.
Automate your savings. Once you determine how much to save, direct that money to your savings account. "It's easier to make a good decision one time and have it happen automatically than to make theRead More »from Jean Chatzky of ‘Money Matters': Tips for Saving and Planning Ahead