Lynnette Khalfani-Cox aka The Money Coach offers easy money saving tips [INTERVIEW]

Easy money saving tips from financial expert

Lynnette Khalfani-Cox is known as The Money Coach, and her expertise shows.  She has many easy and convenient tips that can help individuals and families save.

JP Morgan Chase recently released some statistics on how a typical middle-income household needs $4,800 in cash savings for an emergency fund such as a job loss or a medical crisis and 57 percent of families have less than $1000 and 40 percent of adults have no money in savings at all.

Saving money is typically high on people’s list of New Year’s resolutions, but it doesn’t always happen as planned.  So people think it is too hard to build up some savings, but it doesn’t have to be a tedious or traumatic process.  There are some easy things everyone can do to get on the path of good financial health.

Some of the helpful tips Lynnette Khalfani-Cox  offered include:

  • Auditing your subscription services such as gym memberships, magazines or TV streaming and get rid of those that you no longer use
  • Paying down credit card debt
  • Contribute to employer-sponsored savings options such as a 401 K especially when you get
  • Use windfalls wisely, such as tax refunds
  • Automate banking as much as possible to have electronic transfers go directly into savings, so it happens without thinking about

Financial expert and busy mom of three, Lynnette Khalfani-Cox, The Money Coach and author of 12 books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom spoke with Michelle Tompkins for TheCelebrityCafe.com about her life and career, offered savings tips, explained JP Morgan Chase’s survey, what is #SavingIt,  and more.

See the full interview here:

 

Lynnette Khalfani-Cox can be found here and get more information about JP Morgan Chase Saving Week here #SavingIt

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Michelle Tompkins

Michelle Tompkins is an award-winning media, PR and crisis communications professional with more than ten years experience with coverage in virtually every traditional and new media outlet. She is currently a communications and media strategist and writer, as well as the author of College Prowler: Guidebook for Columbia University. She served as the Media Relations Manager for the Girl Scouts of the USA where she managed all media and talking points, created social media strategy, trained executives and donors and served as the organization’s primary spokesperson, participating in daily interviews with local, regional, and national media outlets. She managed the media for the Let Me Know internet safety and Cyberbullying prevention campaign with Microsoft, as well as Girl Scouts’ centennial Year of the Girl To Get Her There celebration in 2012, which yielded more than 800 million earned media impressions. In addition to her extensive media experience, Michelle worked as a talent agent in Los Angeles, California, as well contracting as a digital content developer and her writing has appeared in newspapers and online. She is passionate about television, theater, classic movies, all things food and in-home entertaining. While she has lived and worked in NYC for more than a decade, she is from suburban Sacramento and gets back there often to watch the San Francisco Giants on TV with her family.