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 Hit Our Financial Goals Every Time
Closing out Summer and Jumping right into Fall 2021. Some months you will like August and some months you're just happy you didn't lose like September. Stock market turbulence can't stop our investing goals and our debt payoff journey.
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Community, Debt Freedom Journey, Financial Planning & Resources, FIRE Journey, Podcast, Relationships
Black Luxury Spending, Wealth and Debt – #PayMyTrip
In today's TFG episode, we deep dive into the state of black luxury spending and what it means to live the #luxe life. Unfortunately, people often spend money they don't have impressing people that they don't know in hopes to get the bag. But is luxury that bad or do we deserve to live the life that we earned. The Financial Griot crew gets deep. And it's this is particularly triggering, listen until the end. We keep it real and actionable.
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College was Supposed to Do What For Blacks?
84% of Black households in their 30s have student loan debt? How sway? Alainta Alcin and Lawrence Delva-Gonzalez are two first-generation Haitian Americans discussing College, Mentoring and Direction when it comes to closing wealth gap. When the Wallstreet journal drops click bait, we jump on it and tear it apart as always. But seriously, the stats are damning for Colleges and what it takes to shift the income stream upward. We will discuss our thoughts and hopefully have a candid discussion about how to improve the stats going forward. You can find us on our IG accounts: Alainta Alcin - Blogger, Travel and Money Enthusiast @its_alainta Lovely Merdelus - Entrepreneur…
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The Average US Home in 2020 Spent $61,334. How Much Did We Spend?
The Average American Household earned $84,352 pre-tax and spent over $61,334 in 2020. Unfortunately, they only saved $7,246. How did we do?
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If You Think It Costs A lot Today, Check Out These 2040 Estimates
Nothing erodes Wealth faster than Inflation. If the cost is $60k in 2020, it will balloon to $100k by 2040. Are you making the adjustments?
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All the Wealth Secrets in 3, 2, 1
Wealth is marketed as difficult and secret but it's really easy. Save your money to make more money. Here are the trade secrets.
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Blaming Other People Even Children for Our lack of Productivity
Alainta Alcin, Lovely Merdelus and Lawrence Delva-Gonzalez are three first-generation Haitian American discussing the Racial Wealth Gap as it relates to productivity and personal accountability. On this episode of the Financial Griot, we dish out our thoughts on we talk about being really productive and getting up out of the bed for yourself and your family. Too often the comments on social media latch unto being the victim of the day. A lot of that time would be better spent figuring out how to be the victor. This is a hard conversation for many to hear but in the end, your life and its trajectory relies heavily on your own…
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Media Says Black People are Poor… Again
Alainta Alcin, Lovely Merdelus and Lawrence Delva-Gonzalez are three first-generation Haitian Americans discussing the Racial Wealth Gap and why it keeps popping up every year. On this episode of the Financial Griot, we dish out our thoughts on the latest stats that paints Black people as poor and impoverished. The goal with this conversation is to give you actionable ideas that changes the narrative and helps move the conversation forward. The Financial Griot is all about engaging the narrative to lead us to a brighter future. Thanks for joining us as we normalize money conversation, dispel myths and provide solutions on building wealth while sharing stories. Turns out financial conversations…
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Millennial Couple Shares How They Invested over $50,000 in 8 months
Thunderstorms and natural disasters. Repairs and costly renovations. We made it through August, just maybe we can close off 2021 off stronger.
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TNFG Weekly Chapter 25: Rich Beyond Limiting Beliefs
What's limiting your identity, your trajectory, your life? No matter what it is, what are you going to do about it.
