Times are tough. We can all benefit from financial advice. It’s embarrassing that someone with an MBA needs a financial advisor, but I do. I need someone to look at my total financial picture, understand my goals, and give me advice on investing and diversifying my portfolio. I think I do a good job managing our household’s finances by myself, but I don’t have my head wrapped around all the options out there: ETFs, REITs, Munis. I’m hoping to choose an advisor, schedule some time, and implement their advice soon!
But while that’s cooking, I thought I’d share some of my practical tips. I covet my credit card—no fee, no international fees while traveling, and 2% cash back. It’s not open to new customers, but I saw a commercial yesterday on a credit card that’s just as good. Check out the Chase Freedom Card—no fee, 5% cash back on certain purchases, 1% cash back on all others. Then put all your purchases on the card. I use my card for everything. I try to automate all my bills. The weekly church offering is deducted from the card. And my PayPal account is linked to the credit card. Pretty easy to set all of that up.