BAKERSFIELD, Calif. (KGET) — How can you make this your most profitable year yet? Sherod Waite, CEO, Financial Advisor and Managing Partner of Moneywise Wealth Management joined 17 News at Sunrise for a discussion on how to save more money and invest in your future by following his 5 tips. 5 New Year New Wealth Tips: Set Specific and Achievable Goals Create or Revise Your Budget Build or Strengthen Your Emergency Fund Pay Down Debt Strategically Invest in Your Future CSUB students call professor’s no tech policy ‘life changing’ By beginning to look at your spending and income from last year, these tips will help you ultimately understand how to manage your money. If you're looking for more advise on how to manage your money this year, MoneyWise Management has a radio show Monday-Friday from 2-3 p.m. that can be heard on ESPN Bakersfield 101.1 FM or streaming on MoneywiseGuys.com. A daily podcast is also available to hear on all major podcast platforms. Watch the full interview in the video player above.