Coaches Share... Favorite Personal Finance Resources

To celebrate Financial Literacy Month, Compass coaches are sharing some of their favorite resources on personal finance. Keep reading to discover what blogs, apps, and documentaries your coach is tuning into, and become an expert yourself.

Joselyn Yrayta:


CNN Money

“I go to CNN Money for more complex financial questions, particularly their section where they list the descriptions for the types of products that you can purchase. I also like it since it’s a bit easier to understand.” Here’s a sample article on investing in your 401k:

Lucia Reed:

Personal Capital

“Personal Capital is a website and a phone app. It allows me to see all of my financial accounts in one place: credit cards, loans, retirement, checking and savings accounts. I can see the progress of my overall financial picture by looking at the net worth section (my assets minus my debt). It helps me lower my expenses.  Since it lists the highest to the lowest expense by category each month, I can pick a category with high expenses to focus on lowering for next month.

It helps me see the impact of the smaller expenses that I spend on day to day that don’t feel like are a big deal. However, when I see it added up over the month or year, I realize what I could have used that money on instead.”

Moriah Garcia Nelson:


“Nerdwallet is one of my favorite personal finance blogs, especially to compare the pros and cons of different credit card offers. The articles are short, fun to read and are a good place to learn about different personal finance topics. Just remember, don’t take the articles as absolute fact. The authors share their experience, opinions and the site earns money from highlighting different services and brands. Make sure to check other websites and resources to confirm the information you read there before making your own financial decisions."


"I also really like the Consumer Finance Protection Bureau’s resources for owning a home. It gives a great overview of the home buying process from start to finish, with tips and additional resources throughout.”

Shailean Hardy:

"This website is good for finding free money.  It gives an overview of all the products/programs that pay people to do little to nothing (Ex. Medical research, money to open checking accounts, apps that give cash back deals, paid surveys, etc)."

The Biggest Surprises in Retirement

"This article is lighthearted and a very easy read.  It made me reevaluate how much I may need in retirement and also made me feel good that people are truly happy when they retire.  I used to use the rule that you’ll need to replace around 80% of your current income to have enough to live on when you retire but one retiree stated that you should probably budget for using 100% of your current income because whatever costs you reduce in retirement will only be replaced by a new expense like healthcare.  So basically, save as much as you can!"

Maxed Out

"This documentary discusses the crisis in credit card debt and features Elizabeth Warren.  It highlights the predatory practices of the industry and the need for financial education (it’s not pleasant to watch but it’s necessary for people to know the information)."

When I’m 65

"This documentary discusses the crisis in retirement savings and does a good job of identifying alternatives savings mechanisms that may make up the shortfall in retirement savings.  It also asks viewers to rethink how they will spend their time on retirement (ex. You may need to move to a cheaper place or get roommates or take out a reverse mortgage, etc).  This is a good documentary that is suitable for someone who is starting to think about saving for retirement."