Your Dinero

THE OLD WAY OF MANAGING MONEY every month was to pay your bills first then save whatever was left over. Old Way: Save What’s Left Over Net Income (after tax income)... -Bills -Spend money on fun things =Save whatever’s left over THIS APPROACH NEVER WORKS LONG-TERM It’s just too hard to save money at the end of the month when we live in a world of immediate gratification. So stop making it so hard. SHIFT YOUR MINDSET and follow the new approach to managing money: The Pay Yourself First strategy.* NEW WAY : PAY YOURSELF FIRST Net Income (after tax income) -Bills -PYF Savings (Cash cushion, retirement, travel goal) =Spend money on fun things (guilt-free!) Automate your savings so they’re just like another bill that you must pay every month.

Is the "old" American Dream Keeping Us Broke? "Looking Rich" Doesn’t Make You Rich! We need to remember that banks won’t approve us for a loan just because we’re carrying a Louis Vuitton purse!!

Are You Winning the ‘Retirement Gamble’? America is in a retirement crisis!! ONE out of THREE Americans lacks any savings at all, and half of us aren't socking away enough for retirement. We need to save more because we're living longer, all while health care costs continue to soar.

Where to keep your emergency fund?? keep it in something safe and liquid such as one of the following: Short term CD, Money Market, Savings Acct, Checking Acct.

HOW MUCH DO YOU A NEED TO HAVE IN AN EMERGENCY FUND?? keep three to six months of necessary living expenses easily accessible. Also realize that you may want to save even more in your emergency fund if your job is in jeopardy or if you're feeling insecure about your financial future.