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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Wealth and Social Mobility – Your Broke Friends Are Costing You!
TFG is back! And even Shadier than ever?! The crew discusses the impacts of social mobility referencing the research study from The Opportunity Atlas; due to economic connectedness. Economic Connectedness (EC) is based on the extent of friendship across class lines. Social capital is just as important as capital, the crew takes a deep dive into life trajectories and what happens when one interacts outside of their communities to develop a better sense of self. Turns out, keeping poor company can make you or keep you poor in the long run.
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Cash Flow, Financial Planning & Resources, FIRE Journey, Millennial Money, Money Behavior, Money Management
How to Burn the Wealth Candle at Both Ends
If you really want to elevate your wealth, you will have to learn to burn the financial candle at both ends. This is the path to happiness.
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How to Keep Your Investing Enthusiasm High in a Cocaine Bear Market!
With Stocks Crashing and Soaring every other day, I think we are in a “cocaine bear market.” Buckle up, Rolling Recessions + Inequitable Recovery equal a nice recipe for losses.
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Are You Really Rich or Just Playing Expensive Dress-Up?
Between the Upper Class and the Rich who make up the majority of the top 20% of the US, they own nearly 86% of the nation’s wealth.
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How to Find Purpose at the Core of Financial Independence
Americans are overly consumed by media and purpose deficient. It's no wonder why people are struggling with crafting a real financial plan.
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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 to Kick-Off Your Finances for the New Year
Coming off of a rough 2022, we are going right into 2023. While the mental kick-off was slow, it's a relief to have at least one month of solid stock performance again. But how long will that last?
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Why You Should Follow These Baby Steps with Extreme Caution!
Financial literacy is way more than baby steps. It's a lot of challenging adult wealth-building. You will be pushed and this will change you.
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The Next Recession and Taking Advantage of the Rebound
Getting into and out of a Recession is no easy feat. On this episode of the Financial Griot podcast, the team discusses how we got to this point in which recession fears are looming and also what you can do pre-, during- and post recession to thrive. Millionaires are made during recessions. Learn how to position yourself to win.
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Here are TFG’s Top Ten Audible Recommendations for 2023
Finally, an episode that is simple. The Financial Griot crew is cooking up major heat with their Book recommendations. That being said, these are masterclass books that you need to get you in motion this year. Don't miss out on these life changing authors and let us know your recommendation as well.
