Get Through a Financial Disaster - 5 tips with Alan Akina

16 Jun 2016 · 1 min

Watch on YouTube

1:07

This content was created by Alan Akina. This content was uploaded by Alan Akina. This is a YouTube video titled "Get Through a Financial Disaster - 5 tips with Alan Akina" (published June 16, 2016) containing a short spoken segment by Alan Akina. The clip is a personal-finance advice piece (part of the Wake Up Today series) in which the speaker offers five tips to recover from financial setbacks: commit to better financial habits, set stretch goals, learn from mistakes, build an emergency fund, increase income (find better-paying work), and improve financial literacy (e.g., read a book a month). The excerpt ends with the host sign-off, "For Wake Up Today, I'm Alan Akina. See you on Wednesday."

Chapters

Good morning, gang. Have you been through some tough financial times? Well, who hasn't? We all have had rough patches on our financial journey, and it really isn't about how many times we have fallen, but how many times we get back up. So here are 5 tips to help you snap back from a financial disaster. Number 1, commit yourself to living a better financial life. Set goals that will make you stretch farther than you ever have. Learn from your past money mistakes and resolve to never let those mistakes happen again. Even better, learn from other people's mistakes. Build up an emergency fund. You see, most of our troubles come from financial emergencies. Find a better-paying job. Increasing your income and putting that extra money to work for you is key. Become more financially literate. Read up on financial topics that interest you. Now, I personally like to read one new book each month. For Wake Up Today, I'm Alan Akina. See you on Wednesday.