What's the Best Financial Advice You've Ever Received?

  • 4 months ago
At the Fortune Future of Finance conference, we asked David Nason, Chief Operating Officer of TIAA, Brooke Major-Reid, Chief Capital Officer at Affirm, and Jesse Van Tol, President and CEO, National Community Reinvestment Coalition for the best financial advice that they have ever received.
Transcript
00:00 Take care of your debts first. Once you take care of your debts first, start at the highest interest rates, work your way down, then you can really make a difference in investing.
00:07 Always budget and live within your means.
00:10 That a dollar saved and invested today is worth hundreds, if not thousands of dollars years in the future.
00:17 It pays interest and then the interest compounds if that interest gets reinvested in it.
00:23 So saving just a small amount today could mean a lot in the future.

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