Description

In this episode of Your Money Call, Diane King Hall discusses the importance of resetting financial goals as the year winds down. She emphasizes getting back on track with budgeting, accountability, and exploring side hustles in the current job market.

Additionally, she highlights the retirement savings situation for Gen X. According to Fidelity Gen X has $182,100 in retirement savings. That is not enough. Diane encourages listeners to take proactive steps in managing their finances, like a no spend week, and taking on additional income producing opportunities.

Takeaways

• October is a strategic month for budgeting and resetting finances.
• Appointment accountability increases the odds of reaching financial goals by 95%.
• Consider a no spend week to save money effectively.
• Changing jobs can lead to higher salary increases.
• Retirement savings for Gen X average $182,100, which may not be enough.

Additional Notes:

*This podcast is for educational and informational purposes. The content is not intended to be a substitute for financial or legal advice from your own financial advisor, accountant or attorney.
* You can follow podcast host Diane King Hall @dianekinghall on all social channels.