10 steps to boost your financial health -- that you can do in a day | Your Money and Your Mind
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10 steps to boost your financial health -- that you can do in a day | Your Money and Your Mind

TED 03.03.2021 351 355 просмотров 2 763 лайков обн. 18.02.2026
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You take vacation days, sick days and mental health days; now it's time to add a financial health day to that list! What to do on it? Behavioral psychologist Wendy De La Rosa shares 10 simple steps you can take to spend less, save more -- and stress less. Managing your money can feel scary and complicated, but it doesn't have to be. In this TED series, behavioral scientist Wendy De La Rosa explains why we spend too much and save too little -- and shares easy steps to help us achieve a more secure financial future. Watch more of Your Money and Your Mind with Wendy De La Rosa here: https://www.youtube.com/playlist?list=PLOGi5-fAu8bENcBPN_-1fxoFKZMFn5kHx Visit http://TED.com to get our entire library of TED Talks, transcripts, translations, personalized talk recommendations and more. The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more. You're welcome to link to or embed these videos, forward them to others and share these ideas with people you know. Become a TED Member: http://ted.com/membership Follow TED on Twitter: http://twitter.com/TEDTalks Like TED on Facebook: http://facebook.com/TED Subscribe to our channel: http://youtube.com/TED TED's videos may be used for non-commercial purposes under a Creative Commons License, Attribution–Non Commercial–No Derivatives (or the CC BY – NC – ND 4.0 International) and in accordance with our TED Talks Usage Policy (https://www.ted.com/about/our-organiz...). For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request at https://media-requests.ted.com

Оглавление (12 сегментов)

  1. 0:00 Intro 148 сл.
  2. 0:43 Day on your calendar 38 сл.
  3. 0:57 Focus on your fixed expenses 78 сл.
  4. 1:20 Sign up for the boring 42 сл.
  5. 1:35 Talk to your significant other 34 сл.
  6. 1:45 Create a singular savings goal 29 сл.
  7. 1:55 Start paying off your debt 48 сл.
  8. 2:09 Renegotiate your credit card 32 сл.
  9. 2:19 Use technology to your advantage 31 сл.
  10. 2:32 Delete distracting delivery apps 19 сл.
  11. 2:39 Spend on experiences 55 сл.
  12. 2:59 Schedule another financial health day 85 сл.
0:00

Intro

Transcriber: We all know you should take a sick day or a mental health day or even a personal day. But a financial day is just as important. [Your Money and Your Mind with Wendy De La Rosa] You deserve to take time to get your life in order when you aren't on edge and under pressure. Employers, if you're watching this: you should also think about giving your employees a financial health day. Throughout this series, I've shared ways that you can change your environment so you can spend less and save more. But the secret ingredient for each tip has been time: calling your credit card company to change your interest rate takes time; deleting an app off your phone takes time. And if you haven't had time to put these changes into action, this is your chance. Mark a day on your calendar right now
0:43

Day on your calendar

to devote to reorganizing your finances. Really commit to this day and make that day as productive as possible. But here are the big headlines that are the most important to cover, both from earlier episodes and beyond.
0:57

Focus on your fixed expenses

So first I want you to focus on your fixed expenses. Take the day to evaluate your bills. Can you truly afford your housing payment? Is it time to start looking for a cheaper place? Do you need to switch to a low-cost cell phone provider? Do you need to trade in your car for something else? This is the day where I really want you to think about those large fixed expenses and make that one-time change.
1:20

Sign up for the boring

Number two: sign up for the boring-but-necessary stuff. Do you have life insurance? No? Sign up now. Are you enrolled in your company's 401(k)? No? Sign up now. Are you contributing enough to that 401(k)? No? Edit your contribution rate right now.
1:35

Talk to your significant other

Number three: if you haven't already, talk to your significant other about money. Get on the same page; it matters. Visit the link below for a list of questions to help get you started.
1:45

Create a singular savings goal

Number four: create a singular savings goal. You can start by setting up an automatic plan so that a portion of every paycheck goes directly into your savings account.
1:55

Start paying off your debt

Number five: start paying off your debt every week, not just every month. Maybe it’s your credit card debt or your mortgage debt or whatever you have, you'll end up reducing more of your debt over the course of a year if you pay that debt more often.
2:09

Renegotiate your credit card

Number six: renegotiate your credit card interest rate and change your payment due date. Get on the phone, call your credit card company and make your credit card company work for you.
2:19

Use technology to your advantage

Number seven: use technology to your advantage. Redesign your online environment by unsubscribing from all your shopping newsletters and install an ad blocker. You can't spend on what you can't see.
2:32

Delete distracting delivery apps

Number eight: delete those distracting delivery apps. Number nine: now, my tips are not all about cutting back spending.
2:39

Spend on experiences

I want you to spend on things that increase your happiness. So focus on experiences, on spending time with others and on expenditures that help save you time, like hiring someone to clean your house or mow your lawn. That will save you time and boost your happiness. Number 10: last but certainly not least
2:59

Schedule another financial health day

schedule another financial health day for a few weeks later. Chances are, you'll need to revisit some of the things you started today. I know all of this may seem tedious or boring, but it's better to make these vital changes when you have the time to think about them, and not under the stressful conditions when we usually make these very important decisions. Not every day can be a spa day, but I think a financial day will leave you feeling soothed and pampered.

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