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Controlling Finances Long-Term – Fox San Antonio

  • August 19, 2016
  • By: Greenpath Financial Wellness

Achieving lifelong financial success can sometimes feel like an overwhelming task. There is a step-by-step plan that will help you with controlling finances long-term.

Paying yourself first means treating your savings like a priority bill. Don’t wait until your other bills have been paid. If you wait, you may spend your extra money before you put it into savings.

At least 10% of your net income should be set aside for savings. The easiest way to do this is to have it directly deposited from your paycheck into your savings account. If you are able to save more than 10% of your net income, that is even better.

Federico Peña with GreenPath Financial Wellness stopped by Fox San Antonio to discuss some important tips to get you started. Watch the clip to see GreenPath’s four step plan.

Watch the interview below: