Here's what to do if you're 'bad with money,' says author of 'I Will Teach You to be Rich' (via CNBCMakeIt)
An action plan doesn't need to be super complicated, Sethi says. Don't get hung up on spreadsheets and budgeting apps.
Now if you're sitting there thinking 'there's no way I can save 10%,' Sethi has one answer: You probably can. On the investing side of things, for example, make sure you're taking advantage of anyWhen it comes to savings, Sethi recommends "Brunch is not the problem, my friend," Sethi says. Instead, let's talk about the $30,000 student loan debt you may have, or the persistent balance you carry on your credit cards. But not many people want to face the full extent of their debt.
It's intimidating. It's nerve-wracking. But it's the first step toward moving out of debt. "I want you to know exactly how much you owe, how much you're paying every month and what is the exact month that your debt will be paid off," Sethi says.
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