Gen FKD's David Grasso shares how to play defense with your money

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SHOW NOTES

In this episode, millennial financial literacy advocate David Grasso, of Gen FKD and Bold Business shares the story of his Cuban immigrant mother and how at age 9 she found herself in charge of the family finances after an unexpected accidental death in the family. 

 

In David’s story you will learn:

-How David’s heritage as the child of Cuban immigrants shaped his focus on finances

-David’s strategy for not just making money, but keeping more of it

-The strategies David learned from his mother, who took over her family finances at age 9

-How talking about money at the dinner table can instill children with financial values

In David’s lesson you will learn:

-Why getting a raise is not the solution to your financial problems

-David’s savings plan strategies

-How to be a defensive consumer

-The dangers of automatic bill payments

In David’s Money Tip you will learn:

-Why he focuses on the bigger purchases in his life

-How to be a defensive consumer

-How David uses the Trim app

In my take you will learn:

-How to fight for your price.

-The true story of how I paid $25 for a prescription where one quote I got was for $354!

-How to use online coupons for prescriptions

-Why the price you pay through insurance is not always the lowest

-When to pay attention to big expenditures vs when to acknowledge that little things like latte’s do add up and become big things over time

Links from this episode

Gen FKD @genfkd

Bold Global  @boldglobalmedia

BoldTV

Bold Business

Bookstr

David Bach

Trim app

Check out David Grasso’s articles GenFKD here: http://www.genfkd.org/author/david-grasso

Find David’s Bold Media page at http://bold.global/david-grasso

David is also a content creator @purehouselab

You can follow David at

Twitter: @grassroots

Instagram: @grassoroots

Facebook: David Grasso-Ortega