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Managing Your Money 2008 with Dr. Mac

By: Tracy Douglass
Updated: January 15, 2008
Dr. Mary Ann Campbell joined me in studio this morning to try and help us sort out our finances for 2008.

Her main points were, take baby steps don't try and do all of it at once, make it automatic and pay yourself first.

Below is the run down of the topics this morning, and Dr. MAC's website.

Dr. MAC's Savings Tips:
     Know why your're saving
     Consider on-line savings accounts
     Make it regular
     Realistic amount

Dr. MAC's Spending Tips:
     Know why you're spending
     Is it a want or a need
     Track your spending
     Be careful at SALES
     Be happy

Dr. MAC's Investing Tips:
     Know why you're investing
     Develop a long term strategy
     Make it automatic
     Keep it diversified
     Check and re-balance

The following are helpful web sites from Dr. MAC:
bankrate.com
about.com
msmoney.com
kiplinger.com

Dr. Mary Ann Campbell Ph.D
Money Magic Inc.
www.moneymagic.com

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