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How to Craft An Annual Financial Strategy with TNFG
If 2022 was challenging, just know that 2023 will be even tougher. Crafting a financial strategy is the key to growing your wealth.
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How We Set Our Million-Dollar Wealth Goals for 2023
While we fell short in 2022, after some recalibration we created our million-dollar wealth strategy for 2023. Here's hoping we hit the mark.
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Improving Your Cash Flow is the Key to Wealth
For starters, welcome to The Neighborhood Finance Guy website where we discuss financial literacy topics such as How to Grow Your Wealth, Building a Better Cash Flow Strategy, Investment, Retirement and more. My goal is to help you make effective decisions and set S.M.A.R.T+E.R. goals with your money. As always, the information is FREE but the struggle is not sold separately. Ever Heard About Cash Flow? The first time I ever heard of the term cash flow was in Cost Accounting class. Even then, it was kinda abstract. By definition, a cash flow statement provides data regarding all cash inflows that a company receives from its ongoing operations and external…
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How to Bring in $45k of Passive Income by Q4 2022
Reviewing The Neighborhood Finance Guy's (TNFG) not so passive income and what generated $45,000 through 2022. Extra Money is Good Money! With the market slowing through 2024, get creative and earn more.
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Watching Our Wealth Grow Over $750,000 in 2022
Coming off of two years with $200k net worth increases, we are going for $250k increase in our household net worth in 2022. Go Big!
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The 2023 Salary to Become an Automatic Millennial Millionaire
More People NEED Build Wealth. With prices going up, it's going to be harder to coast by. The process to become wealthy is Easier than advertised. Most Millennials Can and Should Consider Becoming Millionaires.
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How to Save $$$ with the Latest IRS Tax Brackets for 2023
Hello, you've reached the IRS. New Tax Rates for 2023, who dis?!
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How to Do More with a Little Passive Income in Q3 2022
The second quarter of 2022 was hopeful but the third quarter was a struggle. High Inflation is here to stay. A global recession is pretty much certain for 2023. In translation, get creative and earn more.
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Seven Money Principles to Grow Your Net Worth Faster
As the world prepares to enter into a new global recession for 2023, establish your money principles. It’s the only way you will be able to succeed. We’ve held the big R at bay since 2018 but it’s long overdue. “Global growth is slowing sharply, with further slowing likely as more countries fall into recession. My deep concern is that these trends will persist, with long-lasting consequences that are devastating for people in emerging markets and developing economies,” said World Bank Group President David Malpass. Your Personal Economy Will Force You Back to Your Money Principles In January 2014, I found myself starting over from scratch. With a maxed-out $5,000…
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Here’s the Latest 401k, IRA and Other Contribution Limits for 2023
One of the best ways to become an automatic millionaire in your lifetime. Don't skip on the contributions.
