Episode 209: Taking Your Money Goals to the Next Level with Christina Gatteri

Episode 209: Taking Your Money Goals to the Next Level with Christina Gatteri

Today we are going beyond your budget and talking about how to take your financial goals to the next level.  Our guest and Certified Financial Planner, Christina Gatteri talks with us about how and when to invest, how to make your savings work harder for you, and how you can plan for the bigger things in life.

About Our Guest

Christina has over fourteen years of experience in financial assistance. Her passion is helping young families realize financial success–regardless of the unexpected turns, their life may take. She holds a Bachelor of Science in Economics from the Universityof Tampa. Upon her return to New England in 2005,she began her own practice as a Financial Advisor. She earned her Certificate of Financial Planning from Boston University, subsequently becoming a Certified Financial Planner™. Christina lives in Pascoag,RI with her husband Luke and daughters Olivia and Lily. She loves spending time outdoors hiking, beaching, or gardening. She enjoys using her personal experiences towards finding innovative ways to help her clients.

Action Items and Tips From the Show

How to find the right advisor for you

  • Do your homework on their background.  Look them up to make sure they have a clean record.
  • Do they listen to you and your goals?
  • How do you feel whe you talk to them?

Core finacial peices to have in order:

  1. Management of your cash flow (aka your budget)
  2. Pay down debt
  3. Invest for the things that matter and big life events

How to know when your ready to invest?

  • When you have your cash flow under control and are able to establish a plan to pay off your debt in a time frame that meets your goals AND you have more that you can pull from.

The places to invest:

  1. Take advantage of your employer match at a minimum.
  2. Then add 1-2% each quarter and see how it feels.  Adjust more or less as needed.

How do you prioritize your finanical goals when you have more than one?

  • Ask yourself where you want to have choices.
  1. Write out all your goals (retirement, travel, college, ect)
  2. Areas that you are willing to sacrifice can go at the bottom of your priority list
  3. Areas that you want choices, go to the top
      • Each goal will have it’s own vehicle to get there

Making the most of your savings:

Your savings goal should be 3-6 months of your expenses and split into thirds

  • 1/3 should be in a 6-12 month CD
  • 1/3 in an online savings account with a higher interest rate
  • 1/3 in a savings account tied to your checking

3 Tips Everyone Needs To Know

  1. Manage your credit cards
    1. Make sure you have a limit that you feel comfortable paying off.  If you can’t, call and have your limit lowered.
    2. Ask your credit card company not to increase your limit unless you ask them to.
  2. Set up auto deposits into your savings account from your checking account each month.  
  3. Check your credit report.  You can get a free copy of your credit report each year from each credit company.  Make it a standard practice to request one every three months.

Weekly Success Planning Course

Get the course inside the free Your Life Rocks app available in your app store.  Learn all about this critical system to help you create balance, plus begin planning for your success with our weekly planning tool inside the app!

 Click here to download in iTunes       Click here to download on Android

Have you subscribed to the show yet?  Don't miss a single upcoming episode because when you subscribe, you will automatically get it the show in your app.  If you don't have a podcast app, not to worry.  You can download the Your Life Rocks app and get the shows right in the palm of your hand.  Otherwise, click here to subscribe on iTunes or here for Android.

Love the show?  It would mean the world if you would leave a rating and review.  It helps other working Christian moms find the show because if you like the show enough to leave a review, iTunes will suggest it to others.  Click here to leave a review in iTunes.  Just click on "Ratings and Reviews", then "Write a Review".

 

Resources Mentioned in the Show:

Search your financial professional with FINRA and the SEC

Bankrate.com

Learn More About Our Guest

Facebook

Linkedin

www.menextyear.com

Episode 173: Tips for Making Your Finances Intentional with Sami Womack

Episode 173: Tips for Making Your Finances Intentional with Sami Womack

Do you have a strong financial plan? Regardless of what your goals are, there is likely a financial component. In this episode, Sami Womack from A Sunny Side Up Life shares tips on how you can become more intentional about making your money work for you so any goal is within reach.

About Our Guest

Sami Womack is the budgeting coach, motivational speaker, + podcaster behind A Sunny Side Up Life. Her passion is inspiring women to live abundant lives through budgeting, intentional living, and positive thinking. Sami is the wife of her high school sweetheart, Daniel, and a homeschooling mom to their three daughters. This family used to be living paycheck-to-paycheck + drowning in $490,000 worth of debt, but after they hit rock bottom everything changed!

Now that Sami has been able to gain financial freedom for her own family, she wants to help your family do the same!

Action Items and Tips From the Show

Key topics on the budget breakdown:

  1. Taking Control of your Spending.
  2. Breakdown big financial goals into smaller goals that lead to the big ones.
  3. Have a goal of how much you want to save.
  4. Organize your bills.
  5. Focus on one thing at a time – start with your emergency fund.

Practical tips:

  1. Let go of the unknown and mental challenges.
  2. Make your plans
  3. Make it your hobby
  4. Involve the family – make it fun and interactive with the kids

Ready to do something different with your money?

You can get $10 off Sami’s Money Method course! Exclusive to our show listeners, click the image to learn more!

Have you subscribed to the show yet?  Don't miss a single upcoming episode because when you subscribe, you will automatically get it the show in your app.  If you don't have a podcast app, not to worry.  You can download the Your Life Rocks app and get the shows right in the palm of your hand.  Otherwise, click here to subscribe on iTunes or here for Android.

Love the show?  It would mean the world if you would leave a rating and review.  It helps other working Christian moms find the show because if you like the show enough to leave a review, iTunes will suggest it to others.  Click here to leave a review in iTunes.  Just click on "Ratings and Reviews", then "Write a Review".