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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How We Gained +$20,000 Worth of Wealth in December
A December Santa Claus Rally could have helped sweeten 2025 but Santa was drunk (Again). Our stock performance bumped up 20% for the year though, and our net worth followed. New year coming up with better goals.
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Which is Better Generational Renting or a 50-year Mortgage?
Recently, Ms. Constance Carter, Wealth Advocate, wrote an opinion piece on “the 50-Year Mortgage Is a Trap, not a Path to Black Wealth.” She goes at length into contextually the 50-year home loan as a bondage, but that’s not accurate. Considering you can pay off your debt as soon as possible through expedited payments with your lender, her Op-Ed is far from accurate. Go beyond that, her attack on home ownership seems negligent to the point of full advocacy of becoming generational renters. Since the peak in 1860, black homeownership plateaued at around 44%. This wouldn’t be so bad if most of that ownership centered around the Boomer generation. You…
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We hit $2 Million in September! We made it!
September 2025 cemented our climb to multi-millionaire status.
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Understanding The Time Value of Building Real Wealth
Investment thunderstorms, repairs and setting goals. Building wealth has never been harder but we can make it through.
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This ChatGPT Inspired Stock Portfolio is Beating Average Investors?!
ChatGPT is beating the SP500?! Well time to consider going beyond the index and chill model.
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You Now Need $100,000 Salary to Become Millionaire in 2025
More People Should Build Wealth. It's Easier than You Think. Most Millennials Can and Should Consider Becoming Millionaires. It starts with $100k.
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Investments Gained $175,000 YTD. Time to Celebrate by Cleaning?!
A small but meaningful TNFG July celebration is in order. We don't expect much from Q3 so here's hoping for a solid year end close out of +5% to +11% growth.
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How to Revise Your Financial Game Plan Post Multi-Millionaire Status
The only thing that changes in a good financial plan is perpetual change. In August 2023, my household hit a net worth of $1,000,000. We were officially millionaires in an era when we were told it was impossible for people like us. My wife, in her infinite wisdom, said, “We aren’t millionaires until we both have a million.” While that didn’t mathematically make sense in any realm of accounting, I figured it might be best to push for the $2 million target. On July 19, 2025, my wife and I reached our latest milestone of $1,900,000 in net worth. We are now just $100,000 away from $2 million. While my…
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+$227k Reasons to Do a Mid-Year Financial Review
Recap. The stock market tumbled on March 2020 but rebounded by the end. It rallied through 2022, and took a nasty dive due to inflationary fears. But we rebounded through 2024. Q1 2025 was a disaster then Q2 came roaring back. You really can't time the market. Just keep buying as needed.
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Still Not Debt Free But We Are On The Way to $2 Million Net Worth
Hooray we all made it through May and the tariff wars. Just six months left to reach your Financial Goals.
