Keeping a tab on financial health can be tricky at times. Erin Lowry, Author of "Broke Millennial", joined us at the New York Stock Exchange to share some tips for getting personal finances in order. Only 12% of millennials feel prepared for their financial future. Lowry breaks down steps people can take to improve their financial health. She recommends using the app Turbo, which gives you a holistic approach to keeping track of your financials. 55% of people served by Turbo don’t feel credit score is a good indicator of financial standing. Lowry says it’s a piece of the puzzle, but it’s not the end-all-be-all. She adds that the debt-to-income ratio is a good metric to go alongside credit score. Lowry says Intuit’s Turbo app is a good option for staying on top of personal finances in a digital and mobile age.

Share:
More In Business
Etsy CEO on the Consequences if Debt Ceiling Agreement Isn't Reached
Over 140 CEOs sent President Joe Biden and Congressional leaders an open letter on the potential major devastation the economy could face if a debt ceiling agreement isn't reached. Josh Silverman, CEO of Etsy, spoke with Cheddar News to explain his reasoning why he joined in on the letter.
Uber Unveils New Products
Uber unveiled some new features at its annual product showcase. Cheddar News discussed some of these products, most of which are geared toward families, along with group grocery orders and group rides.
Stretching Your Dollar: How to Save an Extra $50 a Week
On this edition of Stretching Your Dollar, Bobbi Rebell, author of "Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart," gives some tips on how to save a little extra each week. 
Load More