Award-winning CBS Business News Analyst, and radio and podcast host Jill Schlesinger CFP® talks about how she literally paid off her ex-husband to go away, after just one year of marriage. She also shares her best tip for organizing and tracking spending.
In Jill’s money story you will learn:
-The negotiation that went on during her divorce
-The advice her father gave her and the significance of his perspective
-The financial- and other- costs of marrying the wrong person
In Jill’s money lesson you will learn:
-The value of using money and financial resources to move on, even when it is not a fair payment
-How Jill’s background as a trader gave her perspective on cutting her losses in bad situations.
-How to apply Jill’s lessons to different situations in life, from stocks, to high living expenses
In Jill’s money tip you will learn:
-Her advice to cut transportation and commuting costs
-Don’t sweat the small stuff but pay attention to the big stuff like life insurance
-Keep your finances simple, for example charge on just one credit card
-About the book Jill is writing “Dumb Things Smart People Do with Their Money” including a sneak peak!
In My Take you will learn:
-Ways to apply Jill’s philosophy of cutting your losses, including stocks, business partnerships and consumer goods
-How to know what to insure
-Specifically how I just was able to get a 44% price cut on my annual home insurance