MYRTLE BEACH, SC (WBTW) – Financial planner Scott Pyle joined News13 Now on Wednesday to talk about the basic guiding principles to becoming financially independent. The video shows the complete interview.
The following are some of the questions covered during the interview:
1.) If I haven’t done anything relating to finances where should I start?
ANSWER: Guard your wallet. Plan a budget and be careful about how much you spend.
2.) After I learn to protect my money what should an average family do next?
ANSWER: Learn how to manage your money instead of your money managing you. Decide where to put every dollar of your income (e.g. expenses, savings, investments, etc.)
3.) How would someone learn to make sound financial decisions?
ANSWER: Don’t make financial decisions off of emotions but off of factual data.
