Six Smart Money Moves To Kickstart 2024

Shinobu Hindert is a Certified Financial Planner™ professional, money expert, and creator of Empowered Planning, LLC. She spent the first half of her career working for some of the largest financial institutions in the United States, including Smith Barney and Fidelity Investments. As a financial adviser, she created personalized financial plans for high-net-worth individuals all across the country, overseeing more than $350 million in client assets.

Now Shinobu has taken all her knowledge and created a simple, proven method for teaching personal finance. She has delivered over five hundred live workshops covering a wide range of topics, from budgeting to estate planning. Her goal is to simplify the complex world of investing and empower women everywhere to reach financial freedom.

Shinobu Hindert, a certified financial planner and author of investing in your superpower, join ‘Forbes Talks’ to give personal finance advice for 2024.

0:00 Introduction
0:32 A Fresh Start To Your Finances For 2024
1:47 Tips For Creating A Budget
4:26 What Is The Economic Landscape?
6:02 Tips For Paying Off Debt
8:53 More Smart Money Moves
13:30 Credit Cards And Debt
17:46 Final Money Advice

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[jeffreyd.]

Tips for financial success:
1. Pay off debts first
2. Live below your means especially when you get a raise or start earning more
3. Save close to half of your paychecks and live on the other half
4. Invest those halves of your paychecks
5. Contribute 10%+ to a 401k

If you follow these 5 steps you will never miss a dollar and you’ll never live paycheck to paycheck. My steps work especially for younger people who don’t have many expenses. Also practice good money habits and make sure you don’t spend more than you earn. Don’t spend everything before you get it either. There’s two ways to play the financial game in life you either play catch up or you play getting ahead. Which will you be? The person always having to catch up or the one who sets themselves up early and gets ahead?

[russlea]

I found that paying off the lowest balance credit card was much more motivating than the one with a higher interest rate, which also had a higher larger balance. Then I was able to double-down on the higher/larger card and pay that off.

[tonygonzalez]

Thank you for the idea of increasing retirement, even if just 1% a qtr! It adds up forreal !

[heavenlystash]

Finally save and pay off debt at the same time. 👏🏽

[jasonrwhitingjr]

Looking forward to the results of applying these Smart Money Moves to kick-off 2024!

[CASD]

You would think the interviewer's microphone was sound checked prior to the interview.

[darryltognarelli]

I’ve learned how to sacrifice and put a significant amount of cash away and no not under the mattress, for if there was a fire 🔥 it is safe!!!

[mercedeswilkins]

Live below your means but within your needs.

[gnpizarro]

Shinobu looks like she has a ski mask tan line, lol. Great discussion. Thanks!

[delfinadelmar]

People actually HAVE discretionary expenses in this economy?!😮 Please let me know where you work so that I can apply.

[dannypatterson]

I been saving the same way under the mattress i been saving alot more than ever