>> WELCOME BACK TO SQUAWK BOX. OUR NEXT GUEST IS HERE WITH A HOLIDAY SURVIVAL GUIDE. JOINING US RIGHT NOW IS HARVARD PROFESSOR ARTHUR BROOKS.HE HOSTS OFFICE HOURS THAT PODCAST. IT'S NEW AND IT'S AWESOME. ALSO, OF COURSE, A COLUMNIST WITH THE ATLANTIC.BUT WHAT WE WANT TO TALK ABOUT THIS MORNING, YEAH, IS MONEY AND HAPPINESS. THE VERY IDEA OF CAN YOU BUY HAPPINESS. RIGHT.AND HOW WE SHOULD ALL FEEL RIGHT NOW WHEN EVERYONE TALKS ABOUT AFFORDABILITY AND HOW UNAFFORDABLE THINGS ARE, IS THAT SUPPOSED TO DOES THAT ...

Core Insights - The article emphasizes the importance of making better financial decisions as a common New Year's resolution, highlighting that money goals often top people's lists for the new year [1] Group 1: Financial Habits - Prioritizing savings is crucial; individuals are encouraged to transfer funds to savings after paying bills before making non-essential purchases [3][4] - Experts recommend starting an emergency fund of at least $1,000 and aiming for a fully funded savings account covering three to six months' worth of expenses, noting that only 63% of adults can afford an unexpected expense of $400 [4] Group 2: Budgeting - Setting and adhering to a budget is identified as a key habit for wealth growth, helping to limit overspending and prepare for emergencies [5][6] - Initial steps for budgeting include identifying financial goals, tracking spending, and calculating income to create a clear financial plan [6] Group 3: Planning for Expenses - Planning for known expenses, such as vacations, is essential; being on a budget does not exclude these costs but rather emphasizes the importance of planning and saving for them in advance [7]

You can’t control the market’s return.You can control how much you save.That’s where wealth starts. ...

Smart saving made simpleBudget, automate, and protect your future.Read more 👇https://t.co/g2CpE1PzCE ...

Americans are trying to save, but new research suggests that many are leaving money on the table. https://t.co/cBu19Sgu2u ...

Financial experts answer Gen Z’s top money questions, including about when to save and when to pay off debt, and the right kinds of investments for a long-term portfolio. https://t.co/hINTGdPGSz ...

[Applause] Let me tell you a story about my dad. He was this kind of guy who just had this charisma that would fill a room. People loved him, envied him. He was the one with the bigger house, the coolest friends, and the biggest parties. Had a Harley, always going on some crazy adventure. I remember this one time he told me he really wanted to go to the Congo just because he wanted to see a gorilla in the wild. I mean, like, that's never going to happen. He was this guy who just seemed to have it all. But I ...

People are prioritizing two things over financial planning—and it might not be what you expect. Saving and investing are important, but so are these things—do you agree? https://t.co/vPpnMADrEu ...

Many retirees are unprepared for the switch from saving to spending. Here’s how to turn your retirement savings into steady, sustainable income for life. https://t.co/P3zpdefDAE ...

“Is there a way, with their permission, that I can oversee these funds at least until they are a bit older?” (Photo subjects are models.) - Getty Images/iStockphoto Dear Quentin, My college-age kids are inheriting $150,000 each, mostly from a 401(k) so the money is taxable. I am still going to pay for college, so this money is likely to be saved for the purchase of homes in 10 years or so. My thought is they should start withdrawing it from the 401(k) now while they have little or no income and taxes wil ...