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Money Matters! Golden nuggets on becoming financially savvy
Manage episode 303866400 series 2990637
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What do you wish you knew about finances that you don’t right now? In this episode of the Military Woman podcast, Sharika is asking Elizabeth Berard Rojas, AGR Officer in Finances and financial consultant what she thinks everyone should know about being financially savvy on a military paycheck.
What’s the difference between a Roth IRA, TSP, and your 401K? How do you choose where to put your money? What’s the best way to budget? Elizabeth hit on all these super important questions in her chat with Sharika, and shares some of the biggest mistakes she sees her clients make around money -- like, for example, choosing to take out personal loans rather than relying on a savings account.
We’re tackling all your financial questions in this episode, from the envelope budgeting method to the one small adjustment you can make on your tax forms to get a bigger refund every year. You don’t want to miss it!
Quotes
- “Many women are so bogged down day to day, that staying on top of our finances can be overwhelming.”
- “Actually, when you see the money right there in those envelopes, growing, you don’t want to spend it as much, because you’re like, ‘This is looking very pretty!’” (23:22-23:30)
Links
https://www.linkedin.com/in/elizabethberardrojas/
Podcast production and show notes provided by FIRESIDE Marketing
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