Money feels overwhelming? Tamar Snyder Chaitovsky shares tips on saving, budgeting, Roth IRAs, and the 50/30/20 rule. Learn how to plan, save, and build financial stability in this actionable episode!
You can reach Tamar at https://www.tamarsnyder.com/
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00:00 Intro
01:02 Who Is Tamar Snyder Chaitovsky?
02:52 Parents Teaching Children About Money
04:04 Financial Education for Teens
08:30 Coming Up With Different Term Goals
10:05 Changing the Mindset of Teens
10:55 What is Budgeting
14:19 Needs Vs. Wants
15:20 How Much Should I Be Saving?
18:00 How to Practically Budget
21:21 BitBean
22:51 Twillory
24:07 Find What Works for YOU
25:05 Children & Money
26:44 Bringing a Spouse Into Money Equation
30:50 Being on the Same Page as Your Spouse
32:14 The Magic of Compound Interest
36:30 Interest Doesn’t Have to be Overwhelming!
40:52 How to Spend SMARTER
43:41 You are Influenced by People Around You
44:35 Colel Chabad
46:01 The Donors’ Fund
47:53 Make Sure to Look at All Your Bills
50:25 Life Insurance for Young Adults Is So Important
53:42 Health Insurance is Critical
55:19 Looking at a Paystub
57:30 FSA vs. HSA
58:28 What to Keep in Mind When Buying House
59:28 Paying Student Loans
1:00:40 Know Your Money Personality
1:02:23 How to Save Money on Kosher Food
1:03:44 Contacting Tamar
1:04:24 Living Smarter Jewish
1:05:57 Outro
LINKS MENTIONED:
• Monarch Money - https://tinyurl.com/MonarchM25
• EveryDollar - https://ter.li/5cs2h1 (In the first month of using Dave Ramsey’s app, most users cut monthly expenses by nearly 10%. Dang!)
• Rocket Money - https://www.rocketmoney.com
• Chase - https://tinyurl.com/ChaseApp25
• Empower - https://www.empower.com/get-started
• TillerHQ.com - https://www.tillerhq.com
• Ally Savings Bank App - https://www.ally.com/
• Get the LSJ School Curriculum: https://livingsmarterjewish.org/schools
• TheProject120.org, a crucial life insurance resource
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