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I have just returned from Venice. My incredible mom, Bobbi, came to visit me and I showed her around Italy for ten days. It was truly the ultimate blessing to have my mom here and to celebrate and share my love of Italy with her. People ask me what makes Italy so special? There are…

Dear Asking for a Friend, I just became eligible for my company’s 401(k) plan and they’ll match up to 3% of my contributions. The only problem is I promised myself I’d prioritize paying off my $43,000 in student loans. I realize saying no to a company match isn’t a good move, so I’m torn about…

This article original Appeared on Grow by Acorns:
https://grow.acorns.com/asking-for-a-friend-david-bach-pay-off-debt-or-invest-in-a-401k/

>>>>>>Brand-New Podcast is LIVE HERE<<<< I’m writing this from Florence, Italy where we have now moved (a dream come true).  It’s been 44 days since we arrived. There’s so much for me to share. But first I want to tell you about “how the dream almost died” and what we did about it. And one…

I’m asked this question quite often and I truly love answering it. As a first-time investor, there are countless routes you can choose; but truthfully, the most important investment you can make is to invest in YOU. It starts by deciding to do a little thing I call “PAYING YOURSELF FIRST.” This is the most…

First just know this – you are richer than you think! And you don’t have to be rich to live rich. Here’s what I call “BACH WISDOM – 16 TIMELESS TRUTHS ABOUT MONEY & LIFE Take these 16 truths everywhere you go. Print them and share them. Ready? Let’s go. 1. Always spend less than you make –…

I’ll be brutally honest with you all here, budgets simply don’t work for most people. Here are 5 reasons why they don’t. Budgets suck and they’re not fun to live with, so most people don’t. Budgets take a lot of time. You’re too busy to create one and have much less time to stay on…

The truth is, a lot of people are quite responsible with their money and personal finances, but many still make these mistakes. The three mistakes I discuss in this post are big but easily correctable, and upon correction will allow you to live a life full of financial freedom. Mistake Number #1 – Not investing…

This article original Appeared on Thrive Global:
https://thriveglobal.com/stories/3-of-the-biggest-financial-mistakes-people-make-and-how-they-can-be-avoided/

Millennials are the first generation to be handcuffed by insane levels of student debt. What we have done to this generation is shameful. The fact that there is now over 1.5 trillion in student loans, two-thirds of which is sitting on the back of women is wrong. This never should have happened. It happened because…

Brian Buffini and his company, Buffini & Company, use their knowledge in lead-generation systems to coach and train business professionals across North America. Buffini uses his personal podcast, “The Brian Buffini Show”, to share messages of encouragement to his listeners. I was recently featured on his podcast, where I discussed the root of financial illiteracy and revealed…

David Bach started learning about money early. The self-made millionaire and author of “The Automatic Millionaire” told the personal finance site Grow that as a kid his family “talked about investing all the time.” That’s likely related to the fact that his father was a stockbroker and financial adviser. However, one of the most impactful…

This article original Appeared on Business Insider:
http://www.businessinsider.com/david-bach-childhood-money-lesson-2016-12

While opponents of homeownership claim it’s “the American nightmare,” self-made millionaire David Bach is doubling down on his faith in real estate. He thinks that not prioritizing homeownership is “the single biggest mistake millennials are making.” Buying a home is “an escalator to wealth,” he tells CNBC. Young adults in particular aren’t hopping on this…

This article original Appeared on CNBC Self-Made Millionaire: Not Buying a Home is a Millennials Single Biggest Mistake:
http://www.cnbc.com/2016/12/30/self-made-millionaire-buy-a-home.html

What you do every day matters. Just as mastering your money can come down to establishing a few smart habits, all it takes is a few costly ones to derail your finances. CNBC asked financial advisors to share the worst money habits they see people develop, and what to do instead to make 2017 a…

This article original Appeared on CNBC 12 Bad Money Habits to Break to Build More Wealth in 2017:
http://www.cnbc.com/2016/12/29/12-bad-money-habits-to-break-to-build-more-wealth-in-2017.html

Nearly half of Americans admit it would be tough to find extra money in an emergency. A May report by the Federal Reserve showed in a 2015 survey of households that 46 percent of respondents said they would struggle to meet emergency expenses of $400. That means small hiccups in life, such as a car…

This article original Appeared on US News:
http://money.usnews.com/investing/articles/2016-12-01/how-to-build-an-emergency-fund

According to troubling research from the Federal Reserve, nearly half of Americans wouldn’t have enough money on hand to cover a $400 emergency. “No matter how well you plan or how positively you think, there are always things out of your control that can go wrong,” David Bach writes in his bestseller “The Automatic Millionaire,”…

This article original Appeared on Business Insider:
http://www.businessinsider.com/where-to-store-your-emergency-savings-2016-12