Setting Financial Goals for 2018

December 29, 2017

Bobbi Rebell, author of "How to be a Financial Grownup," gives Cheddar viewers her tips for starting the new year off on the right foot.

Bobbi digs into the new tax bill and ways that you can make it work for you. We talk getting rid of automatic payments for things you may not use and taking advantage of savings apps in 2018.

Read More


Wedding Money Tips: What (Not) to Do For Your Big Day


This past Memorial Day, Bobbi Rebell struck silver—16 place settings’ worth, to be exact.

She had been sorting through boxes in her father’s house when she discovered vestiges of her first marriage. Two decades and one divorce later, the fancy wedding gifts still hadn’t been unwrapped.

“There were congratulations notes from people who were dead,” she says. “It was so depressing.”

Rebell, a personal finance columnist for Reuters and author of the 2016 book How to be a Financial Grownup, decided for sentimental reasons that she didn’t want to sell the silver. 

“We’re actually low on silverware in my house,” she says. “But it’s a nightmare—actual silver. You have to polish it, you can’t put it in the dishwasher.”

So, alas, it remains in the package, an expensive reminder that convention can be cumbersome.

Which brings us to the number one wedding season takeaway from this now happily remarried money expert:

“Don’t register for stupid stuff,” she says.

Here are her five best tips for taking the plunge without going broke—and one more to get back on track financially if you decide to splurge.

Register for what you really need

Announcing that you’re getting married can be like declaring open season on unsolicited opinions about what you absolutely need to get married.


“People tell you that you need certain things, like a fancy china pattern, and when you’re planning, you’re often on autopilot,” Rebell says. “Now I have a gravy boat. I’m over 40, and I’ve never used it.”


She still has friends storing wedding gifts at their parents’ houses, she says.

The bottom line: “Be mindful about what you ask your guests to spend money on,” she says. “And don’t register for something that you won’t use every day.”

Ask for cash — in a classy way

Some people will only write a check; others think asking for cash is tacky. But if you tell people what you’re saving for, it feels a lot less like an “ask.”

Saving for a down payment, for example, is a goal that most of your guests likely can get behind.

“If there’s a purpose, ask for money,” Rebell says. “I think people would be really enthusiastic if you said, ‘We want a home more than anything.’”

Slash your florist bill

Sure, maybe your childhood dream was to be carried down the aisle on a bed of perfect white peonies, but unless that wedding falls in May or early June, the reality could break you.

“The first time I got married, I just picked out what I wanted—I didn’t ask what was available or what was affordable,”  Rebell says. Any vendor, she says, is going to try to upsell by “yes-yessing’ you.” Instead, start by asking what’s in season and what’s readily accessible.

The same goes for food: If you go with what’s in season, you’re going to save money, Rebell says.

Scale back the open bar

Skip the top-shelf liquor and keep it simple: Beer, wine, champagne, one signature alcoholic drink, and one signature non-alcoholic drink.

“A full bar will slow everything down,” Rebell says. Offering pre-made drinks can save you from paying high-priced bartenders to concoct each Bloody Mary and Dirty Martini.

The idea is to give people a few appealing options and back swiftly to what they came for: “They want to have fun, they want to socialize, they want to see you.”

Simple saves money

Think about the stuff you’ll really remember from your big day. Chances are it won’t be the monogrammed napkins.

So consider skipping: the customized menu, the assigned seating (table assignments are OK), the fancy overlays or ribbon-tied chairs, the personalized party favors.

“Excessive detail is dumb,” says Rebell.

Break all the rules (but still come out ahead)

If you won’t feel officially married unless you serve Chartreuse, Chambord, and Campari—or go in for a five-tier cake—that is sometimes what your wedding money is for.

“Just make sure you have a plan to pay it back,” Rebell says, adding you can take out a new credit card with no annual fee for the first year if you have to.

You can also apply some of those cash gifts to getting you back in the black.



Readers Digest

16 Money Mistakes Everyone Has Made—Even Financial Experts

We've all made plenty of money mistakes in our lives. You'd expect this from the average Joe, but you'll be relieved to know that even financial experts make mistakes with their finances, too.


View as Slideshow

Living above your means

INTROWIZ1/SHUTTERSTOCK"After college, I got a job as an editorial assistant at a magazine in New York, making $11,500 a year. My rent in Brooklyn was $400, subway tokens were $1, and my parents helped me out with a few hundred extra each month," shares Jean Chatzky, financial editor of NBC's Today and host of the HerMoney podcast. "I should've been able to make it work—especially with the extra income I earned from teaching SAT prep. Instead, I bought clothes I didn't need, ate out too often and exercised at the trendy workout studios. Years later (and with a higher salary), I now shop the sales, cook in more than I dine out, and run outside for free."


Advertisement (1 of 1): 0:24




Spending too much on vacation

INTROWIZ1/SHUTTERSTOCK"The summer after I bought my first home, a studio apartment in New York City that was a great investment, I decided to do a summer share with my friends," says Bobbi Rebell, financial journalist and author of How to Be a Financial Grownup. "It was $3,000 each and I didn't have the cash. But I did now have equity in that apartment. So I took out a home equity loan to pay for the summer share that I could not afford. That said, I did pay off the loan—which I still remember was at 8 percent—and I did save up the cash for that next summer's share! Now if I don't have the cash for a vacation, I downsize, often by going for a shorter time to fit my budget, or delay until the time is right."


Looking for a home mortgage you can trust?CONSUMER AFFAIRS

Not following a budget

INTROWIZ1/SHUTTERSTOCK"One mistake I made was not using a personal budget," says David Bakke, financial expert for Money Crashers. "I had no idea where my money was going on a monthly basis. Once I started using one, I looked for ways to reduce monthly expenses and then used my surplus for things like retirement investing and establishing an emergency fund."



Amassing too much credit card debt

INTROWIZ1/SHUTTERSTOCK"When I got my first credit card I ran it up immediately," says Erica J. Sandberg, a personal finance expert and reporter. "It was an American Express card and I needed a winter coat. It was $120 or so, which at the time (just after college) was a fortune. So I paid in bits, and then missed a few payments, so was hit with late charges. In the end, that stupid coat cost me many hundreds of dollars! It was an important lesson to learn. After that, I paid on time, no matter what."

Prioritizing saving over paying down debt

INTROWIZ1/SHUTTERSTOCK"I built up some savings, and I didn't want to use the savings towards my debt; even though the debt was costing me 18 percent a year and my savings were earning only a third of that, my savings made me feel safe," Chatzky recalls. "Thankfully, my roommate, who worked at Citibank, called me out. I finally used my savings towards the debt and made a plan to pay off the rest. Here's why it makes sense: If you have debt on a card with a 22 percent interest rate, then every dollar you put towards that debt is a guaranteed return of 22 percent. That's a significant return rate, and it's risk-free."

Not sticking up for yourself

INTROWIZ1/SHUTTERSTOCK"When I was around 13, I started to work as a babysitter. Because I come from a large family full of girls (six of us, all very close in age) we'd get calls from local families all the time," Sandberg says. Some were reluctant to pay, though. I was stiffed on a number of occasions or they would say things like, "well you're so young -- how about $__?" which would be a fraction of the going rate. I was scared to speak up or say no. Today, many years later, I think about that and have no trouble pursuing payment or turning down work where the compensation isn't fair."



Not negotiating your salary

INTROWIZ1/SHUTTERSTOCK"I had a job I hated early in my career and I was so thrilled for the life raft that I didn't even negotiate my salary when I got a new offer," says Mandi Woodruff, executive editor of "Soon I realized I was one of the lowest paid reporters at that job, despite having far more experience than many of my colleagues. I tried to negotiate later but it was too late. My employer didn't give bumps of more than a few percentage points a year and I was probably getting paid 20 to 30 percent less than my peers. Even after I was promoted, I still didn't get a big bump since I was starting off from such a low benchmark. I realized the only way to move up to a reasonable pay grade was to eventually leave that job and negotiate a higher salary somewhere else. I negotiated my tail off and wound up making 30% more."

Blowing a financial windfall

INTROWIZ1/SHUTTERSTOCK"The biggest financial mistake I made when I was young was blowing a financial windfall," says Cameron Huddleston, life and money columnist for "When my father passed away, my sister and I both received $25,000 as beneficiaries of his life insurance policy. Sadly, I couldn't even tell you where all the money went. I used some of the money to pay down some credit card debt, but I should've used the rest to pay down a big portion of the student loan debt I racked up in graduate school."

Not taking enough tax deductions

INTROWIZ1/SHUTTERSTOCK"I'd receive a tax refund, and instead of saving it or spending it on something that wouldn't rapidly depreciate–such as a mattress so that I'm not painfully sleeping on something that is 10 years old, for example—I would blow it on a trendy jacket that would be out of fashion the following year," says Andrew Meadows, vice president of Ubiquity. "As I became an expert and advocate in the space of retirement and savings, suddenly it occurred to me that I didn't want to give the government an interest-free loan. I'd rather get nothing back and have invested more of my income in my 401(k), tax-free, while compounding interest."



Not prioritizing retirement savings

INTROWIZ1/SHUTTERSTOCK"During my younger working years—and still in this industry—I wasn't increasing my contribution to my 401(k) as I would receive bonuses or raises," Meadows says. "Socking 4 percent of your income forever is simply not enough. I learned that my ability to get out of the race, and actually retire, required greater diligence on my part. The one advantage that 20-somethings have over 40-somethings is time. I wish I would have started escalating my contributions in my 20s. The last 15 years have been a catch up!"

Skimping on in insurance

INTROWIZ1/SHUTTERSTOCK"I once turned down a dental plan—for $6 a month!—because I was 22 and had never had a cavity," says Alexa von Tobel, founder and CEO of LearnVest. "My first-ever cavity arrived shortly after, and it was incredibly expensive to fix. The lesson? Having a financial plan—in this case, being insured—would have cost so little and saved so much money in the long run."

Not taking advantage of your FSA

INTROWIZ1/SHUTTERSTOCK"I used to ignore my Flex Savings Account whenever I got the rundown about my benefits at new jobs," shares Woodruff. "It just seemed like a complicated thing that I didn't have time to figure out. It was such a dumb move because the savings potential is huge, especially for me since I am constantly shelling out cash for doctor co-pays, new contacts, eye glasses, and over-the-counter meds, like allergy spray. FSA's basically let you pay for many medical expenses from cash that comes out of your paycheck before taxes. That means you could save anywhere from 10 to 40 percent depending on your income."



Not spending money to make money

INTROWIZ1/SHUTTERSTOCK"When I was first building my business, I was working 70 to 80 hours per week, doing everything," says David Osborn, co-author of Wealth Can't Wait. "I played that way until I got to the edge of burnout. A consultant taught me how to hire help and told me that if you don't have an assistant you are one. So I took the plunge, taking a 40 percent pay cut and a leap of faith to hire the person who was the best fit for the job. She was amazing— and in two years I nearly tripled my income."

Overvaluing an advanced degree

INTROWIZ1/SHUTTERSTOCK"I borrowed more than $50,000 to get a master's degree in economic journalism," Huddleston says. "I wouldn't say that getting an advanced degree was a mistake. But, I should've looked for ways to earn money while I was in grad school to reduce the amount I needed to borrow. Plus, I assumed getting a master's degree would pay off financially, but didn't do any research to find out whether it would translate to a bigger paycheck. I ended up getting a job that paid the same as the job I had before getting my master's degree. However, that degree did help me land a job with a personal finance publication and was the start of my more than 15-year-long career as a personal finance journalist."

Committing without the details

INTROWIZ1/SHUTTERSTOCK"I got engaged to my now ex-husband without knowing his income!" Rebell says. "While I now know that whom you marry is almost always the most important financial decision we will make, at the time, I was too timid to ask. What if he thought I was a gold digger? What if I didn't like the number? Now I know that if you aren't comfortable enough with your partner to get financially naked before you walk down the aisle, the honeymoon period will end before you know it. I am now happily married to a wonderful man who has always made me feel comfortable talking about money and who shares my financial values."

Insisting on "the best"

INTROWIZ1/SHUTTERSTOCK"When my daughter was born, there was nothing more important to me than caring for her and keeping her safe. You've heard of crib strangulation, right? Yeah, me too. So I bought an expensive and—what I thought was a—highly durable crib," recalls Brett Graff, family finance expert and editor of "I bought what the sales lady called 'the Cadillac' of strollers. I now know that all baby products undergo the same federal safety inspections and adhere to the same standards—and expensive cribs are recalled at the same rate as their cheaper counterparts. Know what's a good investment? College savings accounts-529 savings plans. I should have bought bargains and taken the money I didn't spend and socked it away." 



6 Lessons on How to Be a Financial Grownup From Bobbi Rebell

By Chrissa Hardy on 8 June 2017

Thanks to Toys 'R Us and its catchiest ad ever, I spent several years never wanting to grow up. Being a kid was easy, and being a grownup always seemed terrifying. It meant being financially responsible for everything and struggling to make ends meet while pursuing my goals.

Luckily, every single person on this planet can relate to that fear, and they are all trying to make it on their own, as well. So when I read the new book by Bobbi Rebell, award-winning TV anchor and former personal finance columnist at Reuters, entitled How to Be a Financial Grownup, I was immediately put at ease.

Rebell's book is a compelling collection of stories from successful entrepreneurs and famous faces, detailing the moments they became financial grownups, and the wisdom they picked up along the way. Rebell brilliantly interweaves these powerful stories with her own expertise, and provides actionable steps to make your financial goals a reality. Here are the lessons on how to be a financial grownup that stuck with me the most.

1. Don't compare your path to others

The third chapter of How to Be a Financial Grownup, titled "Careers Are for Making Money" is my absolute favorite section of the book. Fashion designer Cynthia Rowley, Betterment CEO Jon Stein, Macy’s Chairman and CEO Terry J. Lundgren, and others share their stories of how they made it big. All have extremely different paths to success, and some had significant bumps along the way. But you have your own unique background, which shapes your own unique goals. Follow them, and embrace the fact that you are putting yourself out there as someone new, hungry, and different from the rest.

2. Accept that failure is a given

You're going to fail. You're going to struggle. You're going to get burned. It's inevitable. And failure can come in many different forms, but none should deter you from chasing your goals. An extreme example of struggle is when Jim Cramer, host of Mad Money, shared his story with Rebell of being the target of multiple robberies while living in Los Angeles, and upon returning from a journalism assignment in San Diego, learned he was evicted from his L.A. apartment. Cramer was homeless, and his financial grownup moment came when he realized he never wanted to be that poor again. He switched from a career in journalism to finance.

The good thing about human beings is our incredible ability to adapt to our surroundings. So when you're facing an epic financial or professional failure, you'll still be able to get some clarity, pick yourself up, and try again the next day.

3. Allow yourself to splurge on those lattes, sometimes

Rebell fully acknowledges that gourmet, pricey lattes should not be an everyday occurrence. We've heard a million times before that expensive coffee is the reason we're all broke, why we can't buy houses, etc. Luckily, Rebell finds a healthy balance between overspending on and abstaining from your morning beverage of choice. Her two exceptions to the "never buy lattes" rule are as follows:

  • "Buy coffee at a coffee shop if you're going there for social reasons. Meeting friends at a coffee shop is going to be a lot cheaper than going out for a meal."
  • "If you're using the coffee shop as an ad hoc office, by all means buy some coffee. Sitting at a coffee shop for a few hours to get some work done, or having a meeting, is a lot less expensive than paying rent on an office."

See? It's all about balance and moderation. Being a financial grownup shouldn't mean setting restrictive limits on things you enjoy, so long as you don't overdo it.



4. Push bad debt out of your way

According to Rebell, bad debt — most commonly credit card debt and student loan debt — is what's standing in your way of becoming a financial grownup. You don't need all of your bad debt to be paid off to before you become a financial grownup, though. The first step to reaching financial maturity is acknowledging the obstacles in front of you. Then you come up with a strategy to defeat them, including reasonable goals that you can meet on a flexible timeline. This process will never be as simple as, "Day 1: Add up bad debt, Day 2: Pay it all off," unless you stumble upon a pile of cash. But coming up with a realistic plan that works will be immensely rewarding.

5. Nurture your relationship with credit

The thing about credit is that it's not all bad. We all want to be careful about the way we spend money and manage bad debt, but credit is something to be built, embraced, and closely monitored. You need it, even if you'd rather avoid it altogether.

This is something millennials should work on. NerdWallet found that about a third of people ages 18 to 34 have never applied for a credit card. While it's wise to have a healthy fear of how irresponsible spending with credit cards can ruin your life, you still need to build credit in order to eventually buy a car or house, and to do all the other things financial grownups do. Rebell suggests using only a small portion of the credit you have available, "ideally about 10 percent, and really try to use no more than 30 percent."

6. Stop asking the wrong questions

When Rebell asked Kevin O'Leary, successful entrepreneur and star of Shark Tank, to share his financial grownup moment, he recalled a powerful conversation with his stepfather. O'Leary was in high school when his stepfather, George, asked him what he wanted to do with his life. O'Leary wanted to skip college and become a photographer. George told him that "'to be or not to be' isn't the question. The question is: What are you willing to do in order to be what you want to be?"

That shift in mindset helped O'Leary realize he wasn't willing to make the sacrifices involved in becoming a photographer. He wanted to make money, and in his business ventures he has made lots of it. That financial freedom has, in turn, allowed him to take up photography in his free time.

So when you think about each goal you set for yourself, you shouldn't be asking what you want, but rather, how you're going to get it, and strategize from there.


Gaby Dunn's Bad with Money

Gaby attempts to balance practical financial advice with her growing sense that the entire financial system is irreparably busted. Along the way, Sarah Wilson ( girl) Bobbi Rebell (author of "How to be a Financial Grownup) and Jean Chatzky (The Today Show) provide some actual practical advice you can use between freakouts about the dire state of the American financial system. 

Read More



  • Jo Piazza

In cheapness and health, till death do we part.

I still remember the moment I knew I’d marry my husband.

“Do you really think we should pay $8 for strawberries?” he asked me during one of our early dates as we shopped for ingredients for dinner at the local organic grocery store by his house in San Francisco.

“No!” I shrieked, practically smacking the compostable basket of designer fruit from his hand before I realized I was shouting in a room filled with people who likely had strong beliefs about expensive strawberries. I lowered my voice to a whisper and hoped he wouldn’t judge me. “No, I think that’s borderline insane.”

And I knew, in that moment, that a man who would comparison shop for produce was the man for me.



(Courtesy Jo Piazza)


This is a pattern that repeated itself after we got engaged and married and moved into our first home together. Nick didn’t even flinch when I said “Hey, let’s see if we can fix our whole backyard with things we find on Craig’s List Free.”

“Coco, I like the way you think,” he replied and began searching the website for lemon tree planters (a savings of several hundred dollars, I might add).

This isn’t something I talk about a lot, but let’s be clear: I’m cheap as hell.

I’m not sure where my spending tendencies come from. My own parents weren’t particularly thrifty. They often fought about money, particularly how one of them was spending it without consulting the other.

Maybe my thriftiness isn’t an inherited trait, but rather a reaction to the behavior I learned growing up. My parents’ tumultuous marriage and arguments about money made me long for something steady and grounding and I found that safety in saving my own money and being cautious about how I used it.

For years I dated men who spent like crazy on extravagant things—cars, vodka with fancy labels and summer beach rentals. It was fun, but it wasn’t forever.  They’d choose the most expensive dinners when we’d go out with groups of friends and I’d feel a swell of anger when we all went to split the bill. The same thing often happened around the holidays when I’d gravitate towards thoughtful and meaningful presents and they’d buy something flashy that had nothing to do with me.

One of the reasons I knew I would never be compatible with these guys in the long-run is because I felt uncomfortable telling them what a tightwad I was.

We hear a lot about the importance of marrying someone who has the same values and the same goals as you do, someone who likes to do the same things, someone who has a compatible sex drive. There’s also plenty of talk about the big money things. Do you feel the same way about debt, about owning a home? But we rarely talk about the nitty gritty little things, like will that person scour the Internet with you to find the best price on a vacuum cleaner? Will they travel to the dodgy part of town to buy half-price dog food in bulk? Do they mind flying through Dallas to get to New York if the plane tickets are half the price? These little things matter a lot, sometimes more than the bigger things.



Courtesy Jo Piazza


“If being frugal is a priority to you, and your partner is not supportive, you will feel undermined, and that at the very least will create constant tension between the two of you,” Bobbi Rebell, the author of  How to Be a Financial Grownup, told me.

It also creates a situation where it becomes too easy to lie about what you spent on things. In the weeks leading up to my wedding, everyone I came into contact with offered me marriage advice. Some of it was great and some of it was disconcerting.

“Never tell him what you spend on things,” one very fancy woman at a very fancy dinner said to me. I cocked my head to the side.

“So, I should lie?”

“Yes. Of course,” she said, pursing her lips.

This woman wasn’t alone in her perfidy. According to, 19 percent of respondents had spent more than $500 without telling their spouse or partner.

But spending habits seem like something silly to lie about. Isn’t it easier if you have similar spending styles to begin with? That was what I realized when Nick held those expensive strawberries up in the air like they’d been cursed. There are so many things that make marriage difficult. The melding of two lives can be like an obstacle course. Isn’t it nice if some things do just work?

“If you do successfully marry someone who is in sync with your cheapness/frugality/thriftiness it will be a bond and a strength in your union. You will both feel good about the financial decisions you make and will amplify your family’s financial power,” Rebell said. “On a practical level, it will also better position you for the many unexpected highs and lows of a lifetime together. We think it won’t happen to us but people do lose jobs, get sick and or have some other unplanned event hit their bank accounts. But if it is big and strong enough, you have a much better shot and getting through it, and staying together.”

We’ll also never run out of cheap dog food.

 Jo Piazza is the author of the new book How to Be Married.


The Independent (UK)

Bobbi Rebell wants you to be a financial grown-up. Essentially, that is the moment “you realise that if you don’t pay attention to money,  you will never have the financial freedom to live your dreams”, according to her new book.

Rebell is a television anchor and personal finance columnist in the United States, in her new book How To Be A Financial Grown Up she shares her expertise on spending, saving and investing while also including some accounts from famous wealthy friends including Ivanka Trump and Drew Barrymore.

According to Rebell, she managed to recruit famous people on board as they found the topic appealing and were keen to talk about an important subject other than their careers.

“Everyone has a “ Grownup Moment” story and they were delighted to share their own personal journey,” she told The Independent.


Read More

Jill on Money

our guest, Bobbi Rebell, recently debuted her new book, How to Be a Financial Grownup.

Working in the financial journalism world for a quite a while now, Bobbi thought it would be a good idea to tap into various business leaders and tell their stories to help all of you out there better manage your finances and pay more attention to your financial well-being.

Feb 4 JOM Hour Two

Audio Player





Use Up/Down Arrow keys to increase or decrease volume.

Some of those who shared stories for the book include:

  • Ivanka Trump (how about that for timing?)
  • Tony Robbins
  • Drew Barrymore
  • Jim Cramer

There are plenty of others but you get the point.  Bobbi chatted with some really high level business leaders.  The stories are intended to walk you through some of the biggest money decisions you’ll make regarding real estate, investing, planning for retirement, debt, careers, health and wellness and more.

Check it out, you may hear some information that allows you to make choices that are right for you.

Read More

Best Money Expert 2017

Those who succeed don't give up and let their mistakes define their future. As part of GOBankingRates Best Money Expert 2017 competition, the top personalities and leaders in personal finance shared their advice for turning a failure into success.

The world's best money experts weren't necessarily born into a lavish lifestyle. Some worked their way up from humble beginnings. And many studied the lives and advice of successful entrepreneurs to figure out how to make it to the top.

Still, there's one thing they all have in common: They've all made mistakes along the way.

Financial mistakes can be painful, but knowing that others have tried, failed and eventually succeeded can help you overcome your financial hurdle. Keep reading for some of the best money advice so you can quickly bounce back from a financial failure.

Read More

Wharton Business Radio

Episode: 2/14/2017 @11:30 AM


Business Radio Powered by the Wharton School is an exclusive 24/7 channel featuring easily accessible information on a wide range of business topics. Business Radio airs via satellite on SiriusXM channel 111, and through the SiriusXM Internet Radio App on smartphones and other connected devices, as well as online at



6 Important Lessons on How to Be a 'Financial Grownup'

Here are some pointers from a useful new book on personal finance.

Read More


Segment: Shopping Discounts: Link to video segment

Who wants to wait for a sale? By then the stores often don’t have your size or it’s late in the season. Bobbi Rebell, author of “How to Be a Financial Grownup: Proven Advice from High Achievers on How to Live Your Dreams and Have Financial Freedom,” shares with some strategies to get your own personal discount on full priced merchandise.

Tactic 1- Bond with the salesperson- works best in smaller stores where they have more discretion

  • When you enter the store- find a salesperson and be friendly. The reason is that you want them to invest as much time in you, and making the sale.
  • Tell them what you are specifically looking for- it’s important that they know you are a “real” buyer and not just browsing
  • When you find what you like, talk about how much you like it, but make a discreet comment about the price- that’s it’s more than you want to spend, if only it were on sale.. etc..
  • Then say you want to think about it and go silent. Maybe make a call. But stay, and be cool. Often after a time they will get anxious and want to close the sale and will say something like "if you get it today I can give you 20 percent off."
  • If they don’t offer a discount, discreetly pull them aside, ask them quietly and nicely if they can do anything for you on the price. They will almost always say either yes- or “let me go ask my manager."
  • Don’t be greedy – if you get 20 percent buy the item and thank them profusely (but still discreetly- don’t let other customers know!) . Signup for their mailing list and be enthusiastic. You’ll want the discount next time.
  • DEPT STORE STRATEGY: Ask when the friends and family sale is happening, and if you can get the discount on pre-sale. Usually worth 20-25% on in season merchandise. Also if you see a slight imperfection- that’s usually worth 10 percent off.


Tactic 2- the local discount

  • When you are paying simply ask- do you offer a locals discount- ? This can be local resident- or someone who works locally. Or Do you offer a tourist discount?
  • Not a local? I’ve been asked if I’m a local- and said no- but can I get the local discount for being honest about not being a local, got a big smile- and a discount. If they have the discretion to give a local a discount- they can give one to you too.

Tactic 3 - online

  • Honey browser extension - It will automatically search for coupons for you. You install it in advance. Click on the button, it searches and then will apply the discount so you get the best price.

Tactic 4 – better late than never

  • If you do buy full-price and it goes on sale- there is not an app to get your discount.
  • PARIBUS. If you buy something online, link your mailbox to the app. Send the receipt to the mailbox (Which most stores will do for you) Not only does it let you know if the price drops – it gets you the difference back from the merchant. THE CATCH: They take 25% of what you get back.


 Segment: Broadway discounts:

Link to video segment

Bad money habits can be a hard to break.  In this PIX Financial Fix, we are teaching you how to spend money the right way.
Bobbi Rebell, financial columnist and author of the book "How To Be A Financial Grownup,"  shares her tips


Broadway deals:
Be a seat filler

**Generally a $99 annual fee but that is less than one full price Broadway ticket. Then usually less than $5 per ticket.

Broadway Rush tickets and lotteries.

Can get tickets to some shows via a lottery for as little as $10! Even Hamilton!
Other discount websites to check out:

TKTS: If you go to Brooklyn or South Street Seaport you can get next-day matinee tickets at a discount. Avoid the tourists!

Sit solo: You can get great deals and better seats if you only need one seat $34 annual membership, tickets never cost more than $47. Here’s the catch: you have to be a student, union member, teacher, civil servant, recent graduate or retiree.

Secret weapon: School auction websites like often have tickets for shows and events at below market price!

Use a plug-in app called Honey.  It will search for the codes for you, install it and it will come up and apply it. is another good one. Install it once and it will pop up and give you a rebate. Also consider and

When you shop online, if you put something in your cart, leave it and come back a bit later, you will often get a discount code sent to you! Retailers will already know you are interested in the product so they want to seal the deal. It’s easier to get a sale from you then to start over with someone else.

Source: ...

Real Simple Adulthood Made Easy

Adulthood Made Easy: Becoming a "Financial Grownup"

ReleasedDec 26, 2016

Sam talks with financial expert Bobbi Rebell about her new book How to Be a Financial Grownup and a few easy things you can do in January to become a money master in 2017.