Jody Victor: Billy Florence about Your Finance Quadrant
Billy Florence: Out of control personal finances are a major cause of stress in people’s lives today.
Jody Victor: Too many people spend years “climbing up the ladder” on to find at age 30 or 40 that they had their ladder leaning up against the wrong wall.
Billy Florence: Jody, what advice would you give someone who wants to improve their financial picture?
Jody Victor: I’d tell them to have a plan and execute on the plan.
Billy Florence: Let’s say they have $2,000 and they have the goal improving their personal finance quadrant, Jody. Is it better to put that money in savings or to pay off some credit card debt?
Jody Victor: I’d suggest they make their own decision, Billy, using a computer quiz format.
Billy Florence: Good. Getting one’s personal budget in line is important if you plan to work for someone else or for yourself.
Jody Victor: It’s provided courtesy of Kiplinger.com. Billy, I noticed that you often feature the Kiplinger column in E-quad news. I know you believe in helping people have good financial habits.
Billy Florence: How does it work?
Jody Victor: It’s a real world experience. Person is invited to take same amount of money for credit card payment and savings. They enter interest their personal interest rates and click “submit.
Billy Florence: That sounds like an excellent way to see the results for themselves. Will you give us the link to the quiz?
Victor: For the personal finance quiz click Kiplinger Quiz