Money matters can be a complicated, emotional subject. You may know that you need to get your finances in order but don’t know where to start.
The truth is there are simple steps you can take towards a more financially secure and stable life. Often, the hardest part is getting started.
Why is it important to tackle this? According to the 2012 National Financial Capability Study, a majority of adults do not have adequate savings in the event of an emergency expense or to meet their long-term goals such as college and financial security in retirement. Taking these steps to ensure financial stability and security can help you spend less money in the long run and less time worrying over finances.
Commissioner Rothman is joined by Darryl Dahlheimer of Lutheran Social Services during a financial literacy podcast to talk about the 5 things everyone should know to protect their finances and gain control over your financial life.