12 Essential Money Tips for Every Phase of Your Financial Life
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. Related: 15 Weekend Jobs and Side Gigs to Boost Your Income To help you avoid the same pitfalls, these money experts shared the best advice they'd give to their younger selves. These expert tips and tricks can help you live your best money life -- no matter your age. Click through to get expert tips to make understanding money easy. 1. Start with saving More than half of Americans have less than $1,000 in savings, a GOBankingRates survey found . Although it's tempting to spend rather than save when you get a paycheck, it's important to prioritize contributing to your savings accounts, the experts said. One way to make it easier is to automate payments. "If you don't see it, you won't spend it," said Sharon Epp