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Our recent economic downturn has shown us that we must re-examine some basic assumptions about the ways we manage our finances. What made sense pre-recession no longer works today.

I'm pleased to share with you a video series on the "New Financial Realities." In these videos, I offer nine personal finance strategies to help them plan for what's ahead:

1. Put your own financial interests first, and work with an advisor you can trust
2. Use a multi-prong approach; investing by itself will not get you where you want to be. Spending, saving, and budgeting all play equal parts in building wealth
3. Think of yourself as an asset; investing in yourself can yield returns far greater than other investments
4. Learn the difference between good debt and bad debt
5. Get smart about the pros and cons of home ownership
6. Know it's no longer about retirement; it's about reinventing yourself for the last third of your life
7. Get your kids involved in family financial planning. Now is the time to talk to your kids about finances
8. Do not sacrifice your financial well-being for your children
9. Become financially literate. Commit to learning all that you can

- Eleanor Blayney, CFP®, CFP Board's Consumer Advocate

The video series:

• The New Financial Realities
• Putting Your Interests First
• Investing in Your Most Important Asset – You
• Take Charge of Your Debt
• Rethinking Home Ownership
• Retirement - Reinvent Yourself
• Teach Your Children
• Put Your Mask on First
• Know Your Numbers

The New Financial Realities

     
      View this video on YouTube >

Learn more about CFP Board's Consumer Advocate >

About CFP Board

The mission of Certified Financial Planner Board of Standards, Inc. (CFP Board) is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP® certificants and other stakeholders. CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, , in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 65,000 individuals to use these marks in the United States.