Oct. 31, 2022

Your Money Management System - Ep.12

Your Money Management System - Ep.12

If you are at a point in life where it feels like you are have no idea where your money is going every paycheck then this episode is for you! Your Money Management System is a deep dive into setting up the components of your financial system including the types of bank, savings, and investment accounts that fit your needs. Also, Rey shares her real-life experience in how she established her money management system. Finally, she wraps up the episode with 3 actionable steps for you to set up your money system:

  1. Pick a bank or two to hold your money
  2. Determine how you will spend and keep track of your money
  3. Outline where you will save and invest your money

Hold the Mic: Common Types of Bank Accounts in Canada

Sources:

[1] Money Management Definition

[2] 6 Common Money Management Mistakes College Students Make | Announce | University of Nebraska-Lincoln

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