Personal Finance Tips from Matson Lehtinen

As a professional in the finance industry, Matson Lehtinen has learned a thing or two about making the most of personal finances. Matson Lehtinen offers the following tips for anyone looking to benefit from more economic security and less financial stress.

Plan ahead. It’s never too early to start thinking about the future. Whether that means contributing to a retirment fund, putting a portion of each paycheck aside so that you can avoid taking out loans for your children’s education, or saving a certain amount each month in an emergency fund, Matson Lehtinen highly recommends focusing on the future to head off any potential financial issues.

Make a budget. While it’s a common tip, Matson Lehtinen contends that many people forgo this necessary aspect of personal financial planning. With a clear budget, you’ll be able to keep from accruing significant credit card debt while also avoiding the guilt of overspending. Matson Lehtinen recommends that you budget in some “fun money,” and of course, stick to your budget once you make it.

Borrow wisely. Building good credit is an important part of being financially responsible, but Matson Lehtinen knows that there’s a distinct difference between good credit and too much debt. Avoid taking on debts that you can’t pay off, research loan terms and APRs extensively, and always pay more than the minimum payment to avoid accruing high levels of interest.

Talk to an expert. If you don’t have solid financial skills, making good decisions can be very difficult. Matson Lehtinen recommends working with a trusted financial advisor so that you can make good investments and understand the complexities of planning for a financial future. It’s never too early to start investing or learning more about improving your financial situation, and forming a relationship with a financial advisor is a great way to begin.