Every week, we ask our personal finance experts at Policygenius (and beyond) for their money pro tips. They spend all day helping people with money, so we figured they could share the wealth (PUN INTENDED). Want a sneak peek? Sign up for the Easy Money newsletter to see their answers ahead of time. Plus, you'll get a weekly dose of financial advice.
This week's expert is Kieran Duffy, licensed adviser for Policygenius.
Last thing you resisted buying: A night out.
How did you resist it? I took a look at my discretionary spending over the past few weeks (no bueno).
Last thing you splurged on: Designer sunglasses.
Why’d you OK the splurge? I built up enough of credit card points to pay for the glasses.
No. 1 money tip: Have tangible goals set for yourself.
Biggest money worry: Paying down my loans while still being able to have a social life.
What are you doing about it? I accelerate payments when I can and make sacrifices elsewhere.
Money thing you’re most proud of: Moving out and buying myself a car. (Read our guide to buying a car.)
Best financial advice your ever got: Keep track of your spending.
What would you do with a $1 million windfall? Accelerate my paying down my debt.
Debunk a money myth: “Investing is too complicated.” Use robo-advisers like Betterment or a platform like Robinhood. Learning through trial and error will ease you into it.
How do you budget? Making sure my needs for the month are always covered and having a few months expenses in emergency savings.
Best money you ever spent: Any and all vacations (gotta treat yourself)
Worst money you ever spent: A bartending class in college for $800.
Most common money advice question people ask you: "Should I buy X?"
What you tell them: Probably not.
Image: Nastia Kobzarenko