Here is a brief excerpt from the show on 04.02.10 with a link to the entire script below.
MomsMakingaMillion: For some reason, spring is the time of year when we want to clean out the winter dreariness and usher in the new season. This is also a good time of year to take a look at your financial house and see whether it too needs a little sprucing up. Today, we are going to discuss the how-tos and what-fors of that task.
Paul Petillo: There is nothing like the feeling of spring. And we should use it to trigger some financial house cleaning. A lot like figuring out what in your closet you should toss or give to charity, using this spring-cleaning feeling to look at your finances can and should become a regular habit.
MomsMakingaMillion: The toughest thing is figuring out where to start.
Paul: Surprisingly, it doesn’t take that long. None of us goes a day without thinking about where we are in terms of how much money we have, where it is going and how do I get more. So we already know some of the answers to the question: does this old financial plan still fit?
It probably doesn’t. Most of us are mid-career and probably have a house, kids, a job or a business (which is like a job only you get to pick the sixty hours a week you work). Some of us have parents who may or may not live with us. So basically, this spring financial cleaning is a way to reorganize that closet, reprioritizing what your will need to do sooner rather than later. More...
Paul Petillo is the Managing Editor of Target2025.com