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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,…
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From -$110K in Debt to $115K+ in Four Years
Hello, I’m 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.
