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I think the Gen X has a really tough time because what they tend to do is hyperfocus on their children. And what I need you to do, and hear this loud and clear from the woman who only has two dogs and no children, you need to take care of yourselves before you start taking care of your kids. We're hoping that everyone, especially the older Gen Xers, are maxing out their retirement plans. You can put up to 19,000 bucks away. So if you've addressed your big three, if you're maxing out your retirement plan, then okay, fine. You can start to save money for college with a Five 29 plan. But until you do that other stuff, stick to yourself. Be Selfish.

It's not easy to put yourself first.  In so many ways, we're programmed to help others first.

But, when it comes to financial decisions, thinking of yourself first is exactly what you should do. And that applies especially to Gen Xers, or people who were born in between the mid-1960s and the early 1980s.

Jill Schlesinger, a former financial planner and the author of "The Dumb Things Smart People Do With Their Money," points out some ways Gen Xers can overcome common financial mistakes.

Watch the video above.

Related: 3 Things Millennials Should Do to Ensure Their Financial Futures

Related: Don't Try This at Home: The Dumbest Mistakes Smart People Make With Their Money

Watch: Everything Millennials Need to Know About Retirement - Ask Bob