With so many financial decisions to face, it can sometimes be daunting to even think about organizing them all. Jean talks with MSN Money columnist Liz Pulliam Weston about how to simplify your financial decisions so you can spend less time worrying about money.
Liz, author of Easy Money: How to Simplify Your Finances and Get What You Want Out of Life, says there are two main reasons for the financial angst that fills our society today, beginning with the fact that finances are much more complicated today than they were 30 years ago. "Back then you maybe had one credit card if you had one at all [and] you had one healthcare plan that your employer provided," Liz says. "Now you have a dozen credit cards coming at you every month, you have to choose between seven or eight healthcare plans, and you are responsible for your own retirement." She says that the second reason is that most people don't think they have the knowledge or tools to make educated financial decisions.
Liz says there are some easy solutions that work for most people. From investments and credit cards to insurance, mortgages and retirement, Liz shares how to consolidate and delegate your money.