Tuesday, December 9, 2008

Do the right thing

Suze Orman is encouraging us all to be smarter than the CEO's: do what needs to be done.
  • You know you need to build an emergency savings fund that can cover six to eight months of living expenses; so you and your family will be okay if you are laid off.
  • You know you need to get serious-finally-about tackling your credit card debt, because you understand how a high unpaid balance can mean big trouble in 2009.
  • You know you need to invest more for retirement to have any shot at living comfortably later in life.
  • You know you need to sit down with your child and discuss how much you can honestly afford to cover for college.
Sounds like a pretty good New Year's List to me.