Financial Health: How to Budget & Save

From the Show: Health Radio
Summary: If nearly 25 percent of all New Year's resolutions are broken by the second week of January, why do people make them to begin with?
Air Date: 1/13/16
Duration: 10
Host: Melanie Cole, MS
Guest Bio: JJ Montanaro, Certified Financial Planner
JJ MontanaroJoseph "J.J." Montanaro is Certified Financial Planner practitioner. He is a native of Kansas City and earned his bachelor's degree in engineering from the United States Military Academy, West Point, NY. He holds FINRA Series 7, 63, and 65 securities registrations. He is a member of the Financial Planning Association.

Montanaro has more than 20 years of experience in the financial services industry as a financial planner. Prior to joining USAA in December of 2002, J.J. owned and operated an office as a financial planner. Before entering the financial services industry, he served in the U.S. Army for six years on active duty and in 2009 he retired as a lieutenant colonel in the United States Army Reserve.

J.J.'s daily focus has been to help families realize their goals and his advice has appeared in numerous outlets including the Wall Street Journal, USA Today,,, Military Spouse Magazine, and the Washington Post.
Financial Health: How to Budget & Save
Did you know by the second week of January, 25 percent of all New Year's resolutions have already been broken?

One of the top resolutions in 2015 was to spend less and save more.

While cutting out some expenses like daily trips to the coffee shop may save some pocket change, there are other ways you can find hidden savings.

According to a new study released by USAA Bank, 51 percent of adults say that they are not able to save regularly. About 32 percent of men say that they always set aside money versus 23 percent of women.

When needing to cover unexpected expenses, you might think to take money out of a savings account. However, 35 percent have been compelled to borrow money from family and friends, 23 percent have sold personal items, and almost half of respondents seek out additional work.

Listen in as J.J. Montanaro, Certified Financial Planner, shares how you can learn to save and stay on track with your finances.


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