-
Improving Your Cash Flow is the Key to Wealth
For starters, welcome to The Neighborhood Finance Guy website where we discuss financial literacy topics such as How to Grow Your Wealth, Building a Better Cash Flow Strategy, Investment, Retirement and more. My goal is to help you make effective decisions and set S.M.A.R.T+E.R. goals with your money. As always, the information is FREE but the struggle is not sold separately. Ever Heard About Cash Flow? The first time I ever heard of the term cash flow was in Cost Accounting class. Even then, it was kinda abstract. By definition, a cash flow statement provides data regarding all cash inflows that a company receives from its ongoing operations and external…
-
You Can’t Build Wealth Without $15k Losses in December
December Santa Claus Breakdown is more sour than sweet in 2022. Stocks slipped 20% and our net worth followed. Almost $15k down from November.
-
Watching Our Wealth Grow Over $750,000 in 2022
Coming off of two years with $200k net worth increases, we are going for $250k increase in our household net worth in 2022. Go Big!
-
How to Quickly Calculate Your Wealth
Inflation raging +8%, it's all about wealth protection. While we share our Net Worth monthly, I still get the impression that most don't know.
-
We Closed Out Another Year $200,000 Wealthier (Again!). Here’s How We Did It.
Omicron scare, Back Pay, Student Loan Forbearance, and another December Santa Claus rally - all in one week. All of which made us Wealthier.
-
How We Crushed Our Net Worth for the 2nd Time
2020 Was a Year That We Will Not Forget. Work Smarter, Not Harder. Go Together to Travel Further. Choose Together Because the Destination is Not Moving.
-
How to Become a Millionaire in 15 Years or Less #NetMax
In today's TFG episode, we deep dive into the Net Max Financial Plan created by our very own Neighborhood Finance Guy, Lawrence Delva-Gonzalez. The Net/Max Plan is a great resource to jump-start your financial plan. It incorporates Financial literacy in a way that is critical in order for us to use knowledge and money management skills. It’s one thing that will impact almost every aspect of your life, yet many people do not have the knowledge they should. This plan is an opportunity to be a millionaire in your lifetime with or without a partner. After 20 years of labor, you can expect to retire with more than $1 Million…
-
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…
-
Figuring Out your Net Worth from the Average
Net worth is the language of wealth builders. Here's how you figure our your net worth and how to improve it over time.
