STUDIO CITY (CBSLA.com) — Certified Financial Planner Louis Barajas visited KCAL9 Sunday morning to share some insight on how to plan for the future.
The author of My Street Money has five tips for financial success.
Barajas recommends automating your savings, tracking your income and expenses monthly, organizing your financial paperwork, investing in developing your job skills annually and creating a special day in your calendar to re-evaluate financial goals.
“There’s an axiom right? It’s spend less than you earn and invest the difference. If you want to become wealthy, to become financially successful, you have to save money. You have to be conscious of it,” he said.