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Dr. Laura Connerly: Financial Management

By: Lindsey Bryant
Updated: August 31, 2012
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Some consumers can get tripped up on the details of trying to follow complex financial recommendations. 

You're more likely to stick with expert recommendations when you have an easy frame of reference.

Here are some easy, practical ideas for financial management:
  • Maximize employer match.
  • Save of raise or bonus.
  • House = 2 times your annual income.
  • Life insurance = 6 to 10 times your annual income.
Make life a little easier on yourself.  Use easy frames of reference to achieve your goals.

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