![]() ![]() If you find yourself making impulse purchases, take a moment to analyze the circumstances and feelings you experience. Think about what you’re spending money on, whether your spending aligns with your values and where you can cut back. Transforming your financial life might mean that you are earning less money or spending more at certain times in the process, so now is a good time to get deep into your spending habits. You can change your life while still following through on commitments you’ve already made.ĭocumenting your current financial situation and where you want to be can be complicated and packed with details, so think about using a fun colored binder or dedicated notebook to track your journey. But you should also consider obligations to loved ones, like whether you promised to pay for your children’s education or are caring for a parent. That means listing out some numbers - like what assets you have and what debts you’re on the hook for. ![]() ![]() To do a “great money reset” the right way, Jill Schlesinger suggests you start by taking stock of where you are now. This week’s episode is dedicated to a conversation with Jill Schlesinger, CBS business analyst, host of the “Jill on Money” podcast and author of “The Great Money Reset.”Ĭheck out this episode on either of these platforms: ![]() Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. ![]()
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