"Expert Money Advice for a Better Life and Retirement"

Annie Nova consulted with financial advisors and experts to answer her younger sister's financial questions. The experts recommend having at least one month of bills in your checking account and three to six months of expenses in an emergency fund. They also suggest investing in tax-advantaged retirement accounts and low-cost index funds. When it comes to credit cards, start small with no annual fee and pay the balance in full every month. To budget without becoming obsessive, automate savings and categorize spending into "needs," "wants," and "savings." Finally, draw boundaries with friends and family who earn more by suggesting less expensive alternatives or taking control of plans yourself.