News Comment #2

In the article “Want to save money and grow richer? This is the best way to rank financial priorities, experts say” by Anita Hamilton, she starts with telling the reader to write down their financial goals in their lives. Following these goals, Hamilton says a “financial plan” will help the reader get to these goals as they continue to find wiggle room with their extra savings.

These extra savings would then be put toward one of the “financial priorities” Hamilton lists in her article: “Pay down any high interest credit-card debt”, “put money in an emergency fund”, “start saving for retirement — especially if you get a company match”, “paying off your student loans”, and “paying for a big expense or saving goal”.

Hamilton says “the best way to avoid getting into debt for these things is to start budgeting well in advance: as much as two years ahead,” which will help the reader get to their goals much faster than without putting their little bits of extra money into these “financial priorities.”

Find the article here.


  One Response


    This is a good summary, Sondra. Now relate it to what we have been discussing in class. What is the news value? Probably timeliness and currency. Lots of people are talking about a generation not being prepared for retirement. You might also consider audience; pretty much everyone needs financial advice.

    fuglsang - September 4th, 2017 at 11:35 am

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