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 savings—even 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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Watching Our Wealth Grow Over $1,000,000 in 2023
Coming off of 2020-2021 with $200k net worth increases year over year, the market slowed drastically for 2022 and 2023. We're Tracking Still Growth over Losses.
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Over 100 Quotes From Black Financial Experts and Wealth Builders
TNFG's Top 101 Motivational and Financial Quotes to Help You Build Generational Wealth and radically change your life for the better. Time to pivot toward a work-purpose balanced life.
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Here are the 5 Expenses Destroying Your Budget More than the Latte
Turns out most American households are overspending by as much as $5,000. As inflation causes prices for nondiscretionary items like food, housing, and energy to rise, families need to reduce their expenses by any means. This will likely require a change in lifestyle too. My wife and I started eating out less. On top of that, we also started to eat less meat. Most don’t recognize that they are overspending, especially when a mild luxury outing is flanked by smaller ones. Debt by a thousand cuts. If you want to buck the trend of households living paycheck to debt or stress, take the road less traveled. Consider cutting these 5…
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Best Time to Invest? May proved that Buying the Dip Works!
Hooray we all made it through May with flying colors on the road to $900k net worth. Just six months left to reach your Financial Goals.
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How to Find Wealth Through Faith ft. Oluwadamilola
We are back with another episode. Today we have a guest, Oluwadamilola, a full-time entrepreneur and podcast host. He discusses his journey of finding his purpose with faith and finances.
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Here’s How to Invest Your First $10,000 through 2050
You really need to invest. No matter if it's a simple ETF or a mix of holdings. Investing is now mandatory for long-term wealth survival. Hedge inflation.
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Finding Your Way Out of Poverty Through Ideas and the Quality of Your Thoughts ft. Tiffany Grant
Today we have guest Tiffany Grant (Money Talk with Tiff). She shares her money journey and helps others with financial education and counseling.
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Here are 7 Ways to Increase Your Income and Wealth by 20% Annually
For as much as the personal finance space talks about debt reduction and/or now financial trauma, it definitely avoids talking about the NEED to increase your INCOME. Bringing in income is a massive component of building sustainable wealth and increasing your happiness. There are but so many expenses to cut until you are living like a 15th-century monk. Beyond establishing financial discipline and developing SMART+ER goals, you will need money. Bills aren’t paid on aspirations alone. Forget what social media says, you still need real currency backed by reality. Over the last five years, my wife and I were able to travel more while scaling up our net worth. How?…
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Why it’s Important to Plan, Yesterday’s Taxes are not Today’s Taxes.
The gang is present. Today we discuss taxes, the Real cost of entering new tax brackets, and other random social tangents.
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Millennial Millionaire Traits You Need to Know and How You Can Use Them
Even with the last decade of economic downturns and uncertainty, a new millennial millionaire is minted every month. According to Coldwell Banker, out of 72 million Millennials in America, roughly 700,000 are already millionaires. Beyond quiet-quitting, student loans, and their love of Starbux $SBUX, millennial millionaires share similar qualities to the old guard. Thus, understanding these traits can help you modify and adapt them, in order to reach new financial heights. While I know some will go to the corner and yell, “Impossible” in four languages, it’s actually doable. Especially if you feel like your back is against the wall financially, adopting these habits will be essential to thrive in the next…
