12 Essential Money Tips for Every Phase of Your Financial Life
12 Essential Money Tips for Every Phase of Your Financial Life
Get the secrets money experts want you to know. By Gabrielle Olya May 17, 2021
Everyone makes money missteps at some point in their lives, whether it's splurging on unnecessary items or neglecting to contribute to retirement funds as soon as possible. Even financial pros are not immune to making mistakes. To help you avoid unnecessary pitfalls, check out these tips and tricks that can help you live your best money life -- no matter your age.
Start With Saving
Although it’s tempting to spend rather than save when you get a paycheck, it’s important to prioritize putting money away into your checking or savings account. On top of that, you should also use the right checking or savings accounts to grow your money.
Avoid Lifestyle Inflation
It's important to increase your savings rate whenever you start earning more in order to keep growing your net worth.
"Save one-third of every pay raise you get so you don't succumb to lifestyle inflation," said Ted Jenkin, a certified financial planner. By starting this practice early in your career, you'll develop good habits like saving, investing and paying down debts instead of spending it on more stuff you won't care about in a few years' time.
Don't Waste Your Money on Things You Don't Need
Whether you've just received your first paycheck or your first raise, it can be tempting to spend your money on things you want rather than on things you need -- but this can be a huge mistake.
"Don't spend so much money on clothing," said Michelle Schroeder-Gardner, founder of the personal finance blog "Making Sense of Cents." "I've worked full-time since I was around the age of 14, yet I didn't really start saving money until nearly a decade later."
Don't Buy Things To Impress Other People
Spending on immediate wants can hurt your future needs, said John Rampton, founder and CEO of Calendar.
"Don't waste your time on expensive cars or gadgets," he said. "It's better to save money for the long-term and for things that can keep generating money, rather than taking (your) money."
Start Investing In Your Retirement ASAP
A GOBankingRates' retirement savings survey found that 64% of Americans have less than $10,000 saved for retirement. It's easy to put off saving for retirement when you're in your 20s, but that's the best time to start. The sooner you save, the sooner you can take advantage of compound interest. No matter your age, it's important to prioritize investing in your retirement accounts.
Don't Fear the Stock Market
Doing something that scares you can be a good thing for your finances. Novice investors are often scared of the stock market, but just by getting started, even on a small scale, you're furthering your financial life. Learn some of the safer ways to invest for the long term if you're worried about making mistakes. And the sooner you get started, the better off you'll likely be.
Now, Invest Even More
To continue reading, please go to the original article here:
https://www.gobankingrates.com/saving-money/savings-advice/money-tips-for-every-phase-of-life/
Reset Intelligence: Who Is Joining Iraq's Government?
By Reset Intelligence | @EXIT_FIAT
On Thursday Iraq's parliament votes on the last empty seats in Prime Minister Ali al-Zaidi's government, and on four new deputy prime ministers.
One of the nominees put forward is Laith al-Khazali, a senior figure in Asaib Ahl al-Haq whom the US Treasury sanctioned in 2019.
Good Morning Dinar Recaps,
GLOBAL PAYMENTS RESET WATCH: IMF AND WORLD BANK LAUNCH NEW FRAMEWORK TO FIGHT DIGITAL FINANCIAL FRAUD
The new Bangkok Blueprint calls for stronger international cooperation to protect digital payments, strengthen financial security, and preserve public confidence as money moves through an increasingly connected global system.
16 Retirement Mistakes You Will Regret Forever
From saving too little to taking withdrawals from your retirement account too early, there are plenty of ways that current and future retirees can sabotage their golden years.
By Bob Niedt Contributions by Kathryn Pomroy, Alexandra Twin Last updated October 7, 2026 In Features
As more and more baby boomers and Gen Xers anticipate a happy retirement, thoughts turn from worry over the workday slog to concerns about how to bankroll their golden years. How prepared are you? How much money do you need to retire? The 2026 Planning & Progress Study by Northwestern Mutual says that number is $1.46 million.
MilitiaMan & Crew: Is Iraq’s Economy Finally Turning? | Daily IQD Analysis
10-13-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Straight reporting on Iraq’s economy. CBI policy, the budget, oil, banking reform, and the exchange rate — read clean and interpreted without the noise. This channel started as daily phone calls to Mom with the latest dinar news. After she passed in 2022, I built a team so that same standard could keep going for everyone following the story.
KTFA
Tuesday Night Video
FRANK26….10-13-26…..19th TO THE 24th
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Parliamentary Finance: The Proposal Of The Salary Scale Law Will Be Presented Soon To The House Of Representatives
Money and business Economy News — Baghdad The Parliamentary Finance Committee said on Tuesday that the proposal of the salary scale law will be presented soon to the House of Representatives. The head of the Parliamentary Finance Committee, MP Adi Awad, said in a statement to the official newspaper: "The proposal of the salary ladder law will be presented soon in the sessions of the House of Representatives, after studying with specialists in financial and economic affairs."
Rising Bond Yields Are Creating A Problem For The US Banking System
Notes From the Field By James Hickman (Simon Black / Sovereign Man) October 13, 2026
In January 2021, two months before US inflation took off, a reporter asked Federal Reserve Chairman Jerome Powell how much inflation the Fed was willing to tolerate.
Powell acted like he'd never heard of inflation— like it was crazy to even ask. He dismissed the notion of inflation entirely and said it was "far away and unlikely."
US Panics as Bonds Collapse Forces a Global Monetary Reset
Sean Foo: 101302926
In a major move, Bessent just appointed Judy Shelton to the US Treasury. This appointment of a historic gold advocate shakes up the entire landscape for the US government eventually heading back to gold.
The global economic landscape is undergoing a monumental transformation, driven by shifting geopolitical alliances, rising national debt, and a growing distrust in traditional fiat currency.
Rob Cunningham: XRP is an Essential and Immutable Ingredient
10-13-2026
XRP: ESSENTIAL INGREDIENT OR “SHIT COIN”?
You cannot logically call something essential to a system worthless to that system.
Imagine building a worldwide highway system connecting every city, business, bank & household on Earth. You build the roads, bridges, tunnels, tollbooths & traffic controls.
Good Morning Dinar Recaps,
GLOBAL BANKING RESET WATCH: REGULATORS STEP UP AI AND CYBERSECURITY OVERSIGHT TO PROTECT FINANCIAL SYSTEMS
U.S. and European regulators are intensifying scrutiny of artificial intelligence and cyber threats as financial institutions face growing pressure to secure the technology supporting global banking and payments.
KTFA:
Clare: Exchange companies submit an urgent proposal to Al-Zaydi to launch an initiative for domestic and international money transfers.
10/12/2026
The head of the exchange companies syndicate, Diaa Al-Tai, announced the desire of exchange companies to launch an initiative to finance and implement internal and external money transfers for small traders, in accordance with the instructions of the Central Bank of Iraq and the controls it sets.
Coffee with MarkZ. Tuesday 10/13/2026
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: Exchange rate discussions, rumors, war, and whatever else you all want to talk about.
MZ: I have so many paymasters telling me “soon” and they are hoping its this week.
TNT:
Tishwash: The Central Bank confirms its vaults are full of Iraqi dinars.
The Director General of the Statistics and Research Department at the Central Bank of Iraq, Samir Fakhri Naama, confirmed on Tuesday that the Central Bank's vaults are full of dinars.
Naama said in a statement followed by (Al-Mada), “The vaults of the Central Bank of Iraq are currently full of dinars,” noting that “at no time has it been permissible to say that the Central Bank of Iraq does not have dinars.”
Emailed to Recaps~ Thank you David
Reset Intelligence: Why They Want the IQD Cut Reversed
By Reset Intelligence | @EXIT_FIAT
Iraq cut the IQD to 1,500 on October 7. On Sunday a bloc in parliament asked the Federal Supreme Court to throw that cut out.
The bloc is the one affiliated with Kataib Hezbollah, the armed faction that refused to put its weapons under the state.
A High-Level Delegation From The Kurdistan Regional Government Will Visit Baghdad Soon To Resolve Disputes Over The 2027 Budget
Baghdad - One News - 10/12/2026 A high-level delegation from the Kurdistan Regional Government intends to visit Baghdad in the next few days to hold talks with the federal finance minister regarding the region's share in the 2027 federal budget bill, amid ongoing disputes between the two sides over financial and oil issues.
Good Morning Dinar Recaps,
GLOBAL DEBT RESET WATCH: IMF WARNS AI MARKET RISKS AND RISING BOND YIELDS COULD THREATEN FINANCIAL STABILITY
The IMF's latest financial stability assessment warns that an AI investment correction, mounting government debt, rising bond yields, and cyber threats could expose vulnerabilities across the global financial system.
The Dinar Dominoes Are Falling….What's Next?
The Dinar Den: 10-12-2026
Recent financial analyses highlight significant developments in Iraq’s currency landscape, specifically focusing on the anticipated Iraqi dinar revaluation and comprehensive monetary reforms.
These shifts are designed to modernize the nation’s financial framework, establish greater stability, and pave the way for a more integrated global economic presence. Financial observers continue to monitor these changes closely as the government implements strategic policies to reshape its monetary future.
KTFA
Monday Night Video
FRANK26…10-12- 26….NUMBER 9
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Ariel: For those Who Want to Know
10-14-2026
Iraq’s 2027 budget is written in IQD because that’s the endgame sovereign currency, gold-backed, revalued, black market eliminated.
But you don’t get there overnight. Right now Iraq still runs a dual-currency economy. USD circulates alongside IQD.
The black market exchange rate exists because there’s a gap between the official rate and the street rate. That gap is the problem.