Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions.
But in this episode, we continue our series on financial dreams, with conversations with Nerds who have accomplished their financial dreams and interviews with outside guests about what they want to do with their money in 2022.
Check out this episode on any of these platforms:
To pin down your money goals for the year, think about your values, priorities and where you are in life. Realize that you may not be able to accomplish everything in one year.
People are also reading…
- Steven M. Sipple: With Athletic Department ‘on edge’ in July, Alberts’ hire critical, Cook says
- Steven M. Sipple: Critical period for Thompson; Alberts’ culture clues; and Fred’s vulnerability
- LPS school board names four finalists for superintendent
- Frost, Husker assistants conduct home visit with top remaining 2022 target
- Statute of limitations passed, attorneys tell the story of Pioneer Pete’s negotiated return in Lincoln
- Juvenile killed in rollover crash near Seward, sheriff’s office says
- Gretna to vacate 2021 Class A football championship after fielding ineligible player
- Paperwork, finger-pointing and Twitter: How Gretna was stripped of the Class A football title
- 64-year-old woman dies after brake failure causes collision east of Lincoln
- Teen arrested for bringing gun, cocaine to Lincoln Southeast High School, court records show
- Gretna responds to NSAA ruling, claims Omaha Westside issued complaint
- GoFundMe donations show how much Grateful Bread owner means to Lincoln
- Steven M. Sipple: If you’re Husker fan, you hope Applewhite grasps program’s rich RB history
- As transfer portal frenzy nears lull, where do the Huskers still need ‘difference-makers?’
- Lincoln man killed in one-vehicle crash in Cass County
If you’re trying to get a better grip on your spending habits, look into using the 50/30/20 budget. With this method, you direct half of your income to cover needs, like rent and food. Then 30% of your income goes to wants, like coffees in the morning or vacations. Lastly, 20% of your income goes to debt payments and savings.
If you want to become a homeowner in the new year, think about whether you’re in a good place to do so. If you don’t see yourself staying in a house for around five years, buying a house may not be worth the expense and hassle. Renting may not build equity, but it can buy you freedom.
Lastly, if you’re shopping for a new credit card in the new …….