Money Management
Money management refers to the processes of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.
7 Money Management Tips to Improve Your Finances.
Track your spending to improve your finances. Create a realistic monthly budget. Build up your savingsโeven if it takes time. Pay your bills on time every month. Cut back on recurring charges. Save up cash to afford big purchases. And, start an investment strategy.
This understanding provides you with a 360-degree view of your financial picture. The goal is to apply key financial disciplines to help you overcome the obstacles to wealth.
With a clear purpose for your money and sound management principles behind it, you are in much more control of your financial destiny.
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Since You Got A Degree and Know Everything!
Today 2/3 of the gang is present. Lawrence and Alainta discuss career prospects and earning higher degrees, the false expectations of dreams, and scam lives.
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Understanding the Necessity of Ownership in real life
Today we discuss the topic of black homeownership. We derived the conversation from a relator article breakdown of homeownership amongst different races and what the numbers mean for black communities moving forward.
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The Truth about Progress in the US and the Power of Bootstrapping
The crew shares the story of being called a "Bootstrapper" and how bootstrapping has influenced their lives.
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We Hit over $950,000. Time to Celebrate in Mexico!?
A massive TNFG July celebration is in order. We reached 1 Million dollars worth of Assets. What's crazy is we started off with $0 in 2012. Well here's hoping this is a start to a solid year end close out.
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Tracking Expenses from Year to Year. Where’s Our Money?
Tracking expenses is a difference better barely making it and becoming wealthy. It's easier once you move beyond the barely making it.
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Why the Stock Market and Financial Habits Align with Your Wealth
2/3 of the crew is here. Lovely and Lawrence discuss the stock market and diversifying our life's purpose.
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Here’s How To Set Up A Retirement Income Portfolio
A solid retirement income portfolio provides retirees with a stable source of income plus potential for growth based on the user's risk profile and time horizon.
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How We Made $5k+ in Passive Income for Q2 2023
The second quarter of 2023 was hopeful. High prices raged on and it's likely that the passive income economy dragged down. With price inflation up, some goals might not materialize this year but we will likely still land in the positive. +$5k in gross passive income is still income.
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Still Not Debt Free. Grabbing the +$900k Net Worth Prize
Hooray we all made it through May and the Pandemic. Just six months left to reach your Financial Goals.
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Amazing Financial Advice if You Make Less than $75,000 per year
Great financial advice if you are stuck in the middle and making less than $75,000 per year. Challenges are mounting, Grow with them.