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Engaging in Mandatory Wellness Checks: The Lonely Epidemic
The crew is back together and catching up. Today we discuss the lonely epidemic and the ways many of us struggle with the different levels of loneliness. And the realization of needing relationships and people. Being lonely is associated with an increased risk of heart disease, depression, and cognitive decline. The solution - Social Connection
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American Households in 2022 spent $72,967. How much did we spend?
The Average American Household earned $94,003 pre-tax and spent over $72,967 in 2022. Unfortunately, they only saved $8,742. How did we do?
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Here are the Latest 401k, IRA, HSA, and Other Contribution Limits for 2024
One of the best ways to become an automatic millionaire in your lifetime. Don't skip on the contributions.
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Putting the Lens on Black Wealth – How We Are Reaching F.I.R.E.
Investment thunderstorms and costly repairs. Building wealth has never been harder but we can make it through. We are reaching F.I.R.E.
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Important Information to get your Financial Affairs in Order Before Death
Getting your financial affairs in order before death is the best way to protect and support your family. Don't wait to get it right. YOLO
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Reflecting on How We Became Millionaires in Under Six Years
My wife would admit that becoming millionaires was always more my thing. It was hobby that wasn’t taxing, or costly so she allowed it.
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How to Avoid Falling behind Financially in Your 40s
Ever feel like you are falling behind financially? Turns out, most Americans feel the same way. New job applicants are requesting no less than $80,000 per year in entry-level roles. While most families say they need over $230,000 per year to stay afloat. Boomers are entering retirement with fewer savings than anticipated. Genx is stuck in its own sandwich generation with the likelihood of another recession. While millennials are now ages 26 to 41. Life is getting financially complicated. We are all navigating through major life transitions from the global pandemic to global reversion to the mean. All this, on top of getting married (or not), going 50/50 on expenses,…
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You Need to Buy a Home, Renting is Expensive!
The narrative that “renting and investing the difference” is always better than home ownership is oversimplified and problematic. Ramit Sethi (Author, millionaire, and financial influencer) has been on a personal crusade to encourage a generation to live as perpetual renters. Why? He is a fervent believer that most people will get rich doing this. Unfortunately, he misses the mark. Let’s break it down. Return on Investments from Renting and Owning Owning a home isn’t just about the monetary Return on Investment (ROI). It’s about having a space that’s truly yours, a sanctuary where memories are made. This intangible value is irreplaceable and can’t be measured solely in financial terms. While…
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More Fables, Myths, and Financial Lessons from Short Stories
When discussing Financial literacy, it’s important to remember that we learned a lot of lessons from short fables, stories, and folklore. By the way, I didn’t write these stories. Just resharing them here to help jog memories with aha! moments. These stories were once pivotal as warnings or cautionary tales. When I was growing up Aesop Fables and Grimm Fairytales were amazingly dark. There were rarely happy endings with a heavy emphasis on life not being fair. Yet, they offered financial nuggets that stand the test of time. The Most Dangerous Financial Lessons Trusting Your Instincts A scorpion asks a frog to carry him over a river. The frog is…
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Since You Got A Degree and Know Everything!
Today 2/3 of the gang is present. Lawrence and Alainta discuss career prospects and earning higher degrees, the false expectations of dreams, and scam lives.
