It's not how much money you have, Jean says. Rather, it's about how much control you have over that money. Jean offers advice to help make your money work for you so that you can live comfortably and with greater peace of mind.
Enjoy the process of getting there. Citing one study on financial habits and happiness, Jean says people who set goals, and then make steady progress towards those goals, are the happiest.
"Boring" investing is okay! Jean says that if taking the easiest, surest path towards investing makes you most comfortable, go for it. High-stakes, high-risk investing isn't for everyone.
Jean recently opened four 529 accounts for her two children as well as her two twin nieces. A 529 college savings plan is a type of investment account that allows you to set aside money for your child's education and let it grow tax-free. Search online for more information on your state's savings plans.
Want 100 percent security? Put your dollars in a money market account, money market fund, or CD. Search for the best rates online.
Save, rather than spend, small windfalls such as a tax refund or bonus. You'll get the same kick out of saving toward a large goal that you do when you buy something small.
Did you know that the number of ATM machines has tripled in the last decade? According to the American Bankers Association, there are now almost 400,000 ATM machines in the country. Pick a bank with an ATM network that is most convenient for you to avoid the fees that can add up each time you withdraw cash.