Introduction: Secrets Of Saving And Investing

Update: 2018-12-14

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There's so much bad advice out there, and they just don't teach this stuff in school. These episodes will get you well on your way to building up that nice nest egg — because who doesn't want that, right?

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Introduction: Secrets Of Saving And Investing

2018-12-1400:02:199

If you're not good at saving money, it's not your fault: Humans are hard-wired to focus on the present. But there's a way to beat evolution and build for your future. Here's what to remember: - Make savings automatic.- Save, even if you have student loans.- Participate in your employer's matching plan.- Reward yourself for saving.- Envision your future self.- Start saving young.

Get Started Saving

2018-12-1500:17:1723

Investing doesn't have to be hard. We explain how to grow a nice nest egg and avoid that four-letter word that starts with F ... fees. Here's what to remember:- Don't pick your own stocks. - Don't sell stocks if the market crashes.- Diversify your portfolio. - Don't pay too much in fees.- Invest in index funds, not actively managed funds.- Rebalance your portfolio every year — then leave it alone.

Your Cheat Sheet For Smarter Investing

2018-12-1500:22:4139

We help you understand whether you need an adviser, and if you do want one, how to find someone who will act in your best interest.Here's what to remember:- Many people don't need to pay for financial advice.- Use a "fee-only" adviser, not a "fee-based" adviser.- Consider low-cost options like robo-advisers or Vanguard.- You might need to break up with your adviser — but you can still be friends. - Two online resources can help you find an adviser: NAPFA and Kent on Money.

Should You Pay For Financial Advice?

2018-12-1500:21:5417

Take advantage of Life Kit's other useful guides to help you get it together. Also, please take our survey! It's at npr.org/lifekitsurvey. It'll help make the show even better.

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2019-03-0100:02:242

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Introduction: Secrets Of Saving And Investing

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Introduction: Secrets Of Saving And Investing

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Introduction: Secrets Of Saving And Investing