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How to Make $100K Generate $100K Passively with a Financial Plan
I never professed to be the best with money but I know how to construct a financial plan. The very reason that I’m writing this now, is because I took the fast ramp toward debt, depression, and anxiety. For most of us, unlucky with money, either from not being born with it or just squandering early opportunities; the road is rocky and rough. I grew up with no concept of how to administer a self-diagnostic; I only know that I’m well when I’m already through it. In that aspect, I’m lucky. Most people will never know the opportunities missed until it’s too late. “If we have persisted in making errors,…
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The Wealth Benefits Of The Net/Max Personal Financial Plan: From $0 to $60,000 Savings Annually
Move over Dave Ramsey, Financial Literacy “Guru”. Here’s the Net/Max Financial Plan! A way to make Personal Finances, Personal again. *Note – This plan is tailored for a Single Individual with no kids, however, the core information is Universal. I guess everyone needs an intro. Hi, my name is Lawrence. Scroll passed my mugshot to skip the intro (Options!). I didn’t know that I was super poor. Yeah, I had a quasi-Business/Accounting/Taxation degree ($110k in Student Loans) and with grades like mine… It was rough. After struggling to find a job (which is a story for another time). I asked a recruiter to be honest with me at the end of FSU Seminole Futures (College…
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My Full Financial Breakdown from January 2012- December 2018
Full Financial Breakdown From January 2012 to December 2018. Average Millennial Dishes Out Secrets on the Road to Being a Millionaire.
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The New Magic Number for Automatic Millennial Millionaire Status
More People Should Build Wealth. It's Easier than You Think. Most Millennials Can and Should Consider Becoming Millionaires.
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5 Simple Ways to Jump Start Your Financial Independence Journey
It’s not about the money but money does pay bills. Therefore, I am team money.
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Tracking the Neighborhood Finance Guy’s Best Million Dollar Net Worth
What is a net worth? The nerdy version – your Assets minus your liabilities. In simple terms, what you have (value wise) vs what you owe. This goes way beyond what’s on your bank statement or what you see on the app.
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Intro to a Future Millionaire’s Monthly Net Worth Tracking Series
In the vein of BudgetAreSexy.com by J-Money, I figured it is time to start tracking my net worth monthly so that people can follow the bread crumbs, dissect, analyze or even hold me accountable for my numbers.
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With No Savings and No Home, There is a New Debt Crisis. My Mom Can’t Afford to Retire
Last year, my siblings and I had a heart to heart conversation with my mother. It broke my heart to say it. It broke her spirit to hear it.
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How to Survive the next Financial Recession with the Net Max Strategy
Was it last week or the week before; people panicked yet again. The flashy headlines, DOW plummets more than 800 points after Trump orders US manufacturers to leave China, Brace for a stock market drop if the Fed’s Powell doesn’t yield to Trump, The economist who first linked the yield curve to recessions sees ‘pretty high’ chance of downturn, Recession coming late 2019, Michael Jackson Stages Epic Come Back, Aliens Attack Mars, etc… All of this prompting, FB and social media hindsight punditry because they obviously already know it was coming since 2016. It’s sensationalism at its finest. I still remember people threatening to move to Canada if Trump became president. …
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How to Set Up a Winning Multi-Generational Family Financial Plan
The Net/Max Financial Plan for Married Couples (With or Without Children) “20% of Americans don’t save any of their annual income. Over 40% of Americans have less than $10,000 saved for retirement. Two-thirds of Americans would struggle to scrounge up $1,000 in an emergency. About 77 million Americans have debt in collections, according to the Urban Institute. While the average American owes over $171,000 on their home, and the average monthly mortgage payment is more than $1,000.” 21 Eye-Popping Personal Finance Statistic About Saving Money & Debt, Invested Wallet With these stats, it is about time that I drafted a Net/Max Financial Plan for Couples (with/out Children). For those brand new to this thread,…