Ask The Expert: Caline Newton

Question: As an accountant, what are some tips you can give to achieve financial freedom?

15 Foundational Tips to Financial Fruits

  1. Track every penny
  2. Use a budget monthly
  3. Live below your means
  4. Be aware of how you spend your money
  5. Automate your savings
  6. Save in an inconvenient location
  7. Build your savings
  8. Plan for major purchases
  9. Save for retirement
  10. Invest + Compound Interest
  11. Cancel consumer subscriptions
  12. Build an emergency fund
  13. Put your credit card away
  14. Invest in multiple streams of income
  15. Set SMART financial goals and priorities

Bonus: Spend money on assets that make you money

Author picture

Caline G. Newton, CM, CFE, CFCSm CFEI is known as the Bahamian Money Maven and ultimately a Culture Disruptor. Newton is a financial analyst and strategist of 25 years delivering financial literacy education to women and children since 2000. She is the author of the children’s literacy book Sweet Switcha: The Lemonade Stand