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Here are the Most Common Financial Mistakes You Should Avoid
No matter if you pivoted from financial mistakes or barely avoided them, this is a great list for those who want to build wealth SMARTER and more effectively.
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Subscribe to the Top 5 Retirement Planning YouTubers Now
With record high inflation and recession looming, retirement planning for most Americans is on the back burner yet again. Surprisingly, seventy-eight percent of Americans surveyed stated that they were either “doing OK financially” or “living comfortably” in the quarter of 2021, according to the Fed’s Survey of Household Economics and Decisionmaking (SHED), an annual poll of how U.S. adults are faring economically. In truth, many are struggling to keep up. Both instances can’t be right? Well Q1 2022 pulled the rug from under our feet. The rise of groceries and gas translates to an extra $5,000 of unanticipated expenses with one place to pull from, retirement savings. Either folks will…
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Here are the Top 10 Haitian American Financial Influencers to Help You Build Wealth
If you want to know how to live better and build wealth fast, just follow these Top 10 Haitian American Financial Influencers and Podcasts
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Turns Out, There is No Such Thing as Work-Life Balance
In this episode of the Financial Griot, the crew discusses work-life balance or lack there of. The last few months have been tough and filled with challenges and competing interests. Ironically, it's kinda of always been this way. On top of that, these challenges are both necessary and unavoidable on the path of changes. Not going to lie to you, it's hard out here but you have to learn and adapt to beat the odds. In short, work-life balance is the state of equilibrium where a person equally prioritizes the demands of one's career and the demands of one's personal life. As such, Work-Life balance is an enduring cycle, not…
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The Psychology of Money – How the Rich Mastered their Id, Ego and Superego
The id, ego, and super-ego are a set of three concepts in psychoanalytic theory. They define our Wants, Needs and Goals.
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$5,000 Saved isn’t Enough. An Acid Emergency Plan is Better.
65% of Americans will be impacted by a financial emergency. Only 27% have an emergency plan in place. Here’s How to Create Your Own Acid Plan
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Every family needs a Financial Emergency Binder. Here’s How to Create One
65% of Americans will be impacted by a financial emergency. Only 27% have an emergency plan. Here’s How to Create an Emergency Binder
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Curating Your Space. How Your Social Circle Can Make Rich Or Poor.
In this episode of the Financial Griot podcast, we talk about the importance of curating your physical, mental and virtual space. The world is getting more complicated while tasks are becoming easier, and that's not a good thing. While it might sound ridiculous, you are suppose to have just 5 friends compared to Facebook's 5,000 limit. In truth, Social scientist Robin Dunbar hypothesized that an individual’s group can extend to 150 contacts. However, each contact is layered according to the strength of emotional ties. As such, your mind is constantly trying to keep up with over 1,000 people, story lines and complications. It's no wonder why people are entrenched in…
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Why You Need to Avoid Being Morally and Financially Bankrupt
"Don't be too quick to give up your agency, time and happiness for vanity" This episode of The Financial Griot is centered around Consumption and the draining effect on your purpose. Too often, we get stuck in a never ending loop where we buy into a lifestyle only to be indebted to it for even longer. For example, the college experience is an expensive pseudo inflated lifestyle that mirrors affluent middle class. Through loans that extend beyond tuition and books, many fall victim to an expensive experience that's akin to Disney World. All fluff and payment. After 4-6 years, you end up paying for it for 20-30 years. And then…
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Breaking Down How We Made $50k in Passive Income
Reviewing The Neighborhood Finance Guy's (TNFG) not so passive income that generated over $50,000 in 2021. It was not passive at all.
