Open in the App Open in the App Open in the App
Get the key ideas from

Get a Financial Life

Personal Finance in Your Twenties and Thirties

By Beth Kobliner
12-minute read
Audio available
Get a Financial Life: Personal Finance in Your Twenties and Thirties by Beth Kobliner

Get a Financial Life (1996) is a beginner’s guide to managing your money. These blinks provide essential financial advice on everything from managing debt to growing your savings, picking investments and choosing an insurance provider.

  • Everyone in their twenties or thirties
  • Anyone in their first job
  • Young people in a financial bind

Beth Kobliner is a journalist on a mission to teach young people about personal finance. She served on President Obama’s Advisory Council on Financial Capability for Young Americans and co-starred in a Sesame Street video with Elmo that explained money to little kids.

Go Premium and get the best of Blinkist

Upgrade to Premium now and get unlimited access to the Blinkist library. Read or listen to key insights from the world’s best nonfiction.

Upgrade to Premium

What is Blinkist?

The Blinkist app gives you the key ideas from a bestselling nonfiction book in just 15 minutes. Available in bitesize text and audio, the app makes it easier than ever to find time to read.

Discover
3,000+ top
nonfiction titles

Get unlimited access to the most important ideas in business, investing, marketing, psychology, politics, and more. Stay ahead of the curve with recommended reading lists curated by experts.

Join Blinkist to get the key ideas from
Get the key ideas from
Get the key ideas from

Get a Financial Life

Personal Finance in Your Twenties and Thirties

By Beth Kobliner
  • Read in 12 minutes
  • Audio & text available
  • Contains 7 key ideas
Upgrade to Premium Read or listen now
Get a Financial Life: Personal Finance in Your Twenties and Thirties by Beth Kobliner
Synopsis

Get a Financial Life (1996) is a beginner’s guide to managing your money. These blinks provide essential financial advice on everything from managing debt to growing your savings, picking investments and choosing an insurance provider.

Key idea 1 of 7

Take control of your financial life by costing your goals and reprioritizing your expenses.

You don’t have to be a Wall Street trader to know that the global economy has been a bit dicey lately, but that doesn’t mean your finances can’t be in order. In fact, it’s never too soon to start planning your financial life, and it’s really not as hard as you might think.

Here’s how you can get started.

First, determine how much money you’ll need to fulfill your dreams. Maybe your goal is to shed all your credit card debt or buy a new car, but whatever it is, if you’re going to realize your dream, you’ll need to know how much it’s going to cost.

For instance, say you want to buy a new $30,000 car. Sellers tend to require a down payment of about 10–20 percent, meaning you’ll need between $3,000 and $6,000 in the bank to bring your new baby home.

Once you’ve figured out the dollar value of your dream, you need to start saving toward it. But to save money you first need to know how you spend money.

Start by looking at your normal expenses. This is best done by keeping a diary for a month and writing down the details of all your expenses.

Eventually, your spending habits will be clear and you’ll know what you need to change to free up some money to save. For example, maybe you buy a lot more books than you actually read or are overpaying for cable.

Once you’ve worked out your spending, you’ll be amazed at how much potential for saving there is, even if you currently feel like you’re barely making ends meet.

Now that you know how to start saving, it’s time to explore a financial topic that many people find more intimidating: debt.

Upgrade to continue Read or listen now

Key ideas in this title

Upgrade to continue Read or listen now

No time to
read?

Pssst. Sign up to your secret to success: key ideas from top nonfiction in just 15 minutes.
Created with Sketch.