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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) โ20% of Americans donโt 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.โ 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,…
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From -$110K in Debt to $115K+ in Four Years
Hello, Iโm Lawrence, a 36-year old Haitian-American plus Brazilian man, who went from over -$110,000 to $116,000 in net worth in 4 years. Starting off in January 2014 with $5,800 in credit card debt, $105,000 in student loans, additional moving fees of $5,000 pending, and a new job in DC, I was a bit stressed. As of December 2018, I closed out the year with a huge sigh of relief. My net worth peaked at $116,000+. “Sometimes you go as far as you can and then you go further.” I have seen low points back in 2012 in Tallahassee, Florida; working for an annual salary of $21,000. However, the winter of…
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Breaking Down The Net/Max Parent+ Financial Plan Step-by-Step
Of the 11 million families with children under age 18, and no spouse present, the majority are single mothers (8.5 million). Single fathers compose the remaining 2.5 million single-parent families. As such, it is only fitting that I draft a Net/Max Financial Plan for Single Parents. Moving the community forward wouldn’t work without supporting the strongest pillars. This is a road map; and, a Thank You for a job well done (before, during, and long after). For those brand new to this thread, here’s a fast track on reading material that you will need to LEVEL UP; the future Pulitzer Net/Max Financial Plan for Singles, The Magic Number for Million dollar Millennials, and When You…
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$77,000+ is the Magic Number for Million Dollar Millennials. How?
After spending about 5 years trying to help people through resume building, financial literacy tips, articles, personal 1-on-1s; I Found out Financial Literacy can be Easier.