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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Turns Out, US Household Median Income is Dropping. Here are the 2020 Stats by Age, Race and Sex.
The Neighborhood Finance Guy writes about financial literacy topics, investment strategies, Household median income management, and retirement tips to help you make effective decisions and set S.M.A.R.T+ER goals with your money. The information is free but the struggle is not sold separately. Join the Newsletter that can help rebalance you mind, body, and spirit. If you are feeling poorer, turns out you are not alone. Household income is dropping across the board while prices are going up. Every year, the US Census and the Bureau of Labor Statistics compile on US Household income and expenses. This data can be filter for Age, Gender, Race and state to help us make…
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Revealing Our Investment Strategy while Inflation Hits a 30-year High
How to construct an investment portfolio that thrives during an inflation. Sharing all the tips and market tricks to edge out wins.
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How to Boost Your Power of Attraction and Improve Your Dating Potential
Alainta Alcin otherwise known as ATL gets a bae again. I could have sworn we did this before. Fans requested the modern dating How To(s) since ATL keeps finding quality guys to go on dates with. Find out how you can set up your own power of attraction to hopefully leave this season with a new bae or at least a better version of you. As always it's all love. In an attempt to snoop around for details, Lovely Merdelus and Lawrence Delva-Gonzalez dig up information yet again on ATL's love life and finances. Contrary to popular belief being single costs more than being paired up. To make this actionable…
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MLK’s Legacy, The Civil Rights Movement and Black Wealth Perspective
Financial freedom is this generation's civil rights movement. With Black spending ramping as high as $1.6 Trillion and Net worth heading to $0
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Community, Debt Freedom Journey, Financial Planning & Resources, FIRE Journey, Millennial Money, Podcast
TNFG’s Top 12 Black Financial Podcasts That Can Redefine Your Wealth
Knowledge in action is wealth. Wealth, on the other hand is the power to live a purposeful existence. This is the list of the Best Pocast that save you money and help you invest. As wealth slips away, the American Dream turned into a nightmare. To attain your dream, try TNFG's Top 12 Black Podcasts that are redefining the narrative.
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New Year started out badly for stocks. And Our Net Worth Tumbled
For my household, the goal for 2021 is to hit $500,000 by March 2021. With the collapse of January, I am pushing back this goal to April or June again. The market is choppy and likely headed towards an instability bubble that threatens to affect those who struggle most.
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The Critical Need to Move beyond Black Girl Magic toward Real Wealth
Short of carrying the weight of the world, we demand too much from Black girls. We need to go beyond hashtags and recenter as people.
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Top 3 Best SMART+ER Goals and Wealth Books of 2022
The Best Books for a meaningful journey. Good Health and Enduring Wealth Start in the Mind. To be honest, I hate reading. It’s not that I’m unable to read vs that I find the activity kinetically slow. In 9th grade, I realize that I’m a rare combo learner: auditory, visual and kinetic. I was more in love with the human expression through storytelling and poetry. It wasn’t until Book Insights Podcast reached out to me to be a guest speaker that I was left wanting. Being a charlatan is an unbecoming trait, too often found in modern society. I wanted, better yet, needed to read more. Setting S.M.A.R.T goals (Specific,…
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How to Set Up SMART+ER Goals with 12-week Objectives
Start setting SMART+ER Objectives that meets our Goals. Too often, others quit before ever starting. Find out how to be better than average
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Debt is not Bad. Being #Debt Free is not FIRE, Invest More!
In this episode, Lovely and Lawrence talk about the growth of the #DebtFreedomJourney and how it's not always as great as it seems. Popularized by Dave Ramsey in the 2000s, Debt Freedom and #FinancialPeaceUniversity have been re-positioned as an emotional argument when in truth, money management is at the intersection of arithmetics and critical thinking. For example, local bank savings account is still going for 0.01%. An investment of $10,000 in 2021 would have yielded $1. In contrast, an investment of $10,000 in Bank of America $BAC would have yielded $14,881. An investment in JP Morgan Chase $JPM of $10,000 would now be worth $12,811. An investment in American Express…
