TNFG Favs
My favorite topics on the Neighborhood Finance Guy (TNFG Favs) website are:
- Budgeting and saving: I like the blog's posts on budgeting and saving because they are practical and easy to understand. The blog provides readers with tips on how to create a budget, track their spending, and save money for their financial goals.
- Investing: I also like the blog's posts on investing because they are informative and well-written. The blog provides readers with information on how to choose investments, manage their risk, and grow their wealth.
- Retirement planning: I find the blog's posts on retirement planning to be helpful and informative. The blog provides readers with information on how to save for retirement, choose the right retirement plan, and maximize their retirement income.
- Debt management: I like the blog's posts on debt management because they are realistic and helpful. The blog provides readers with tips on how to get out of debt, improve their credit scores, and build their financial futures.
- Personal finance: I find the blog's posts on personal finance to be comprehensive and informative. The blog covers a wide range of financial topics, such as taxes, insurance, and estate planning.
-
How We Made $5k+ in Passive Income for Q2 2023
The second quarter of 2023 was hopeful. High prices raged on and it's likely that the passive income economy dragged down. With price inflation up, some goals might not materialize this year but we will likely still land in the positive. +$5k in gross passive income is still income.
-
How Short Stories Can Instruct Us on How to Interact in Modern Society
By the way, I didn’t write these stories. Just resharing them here. These are financial lessons wrapped in life lessons. They stand the test of time. The Donkey and the Tiger The donkey told the tiger, “The grass is blue.” The tiger replied, “No, the grass is green.” The discussion became heated, and the two decided to submit the issue to arbitration, so they approached the lion. As they approached the lion on his throne, the donkey started screaming: ′′Your Highness, isn’t it true that the grass is blue?” The lion replied: “If you believe it is true, the grass is blue.” The donkey rushed forward and continued: ′′The tiger…
-
Watching Our Wealth Grow Over $1,000,000 in 2023
Coming off of 2020-2021 with $200k net worth increases year over year, the market slowed drastically for 2022 and 2023. We're Tracking Still Growth over Losses.
-
Here’s How to Invest Your First $10,000 through 2050
You really need to invest. No matter if it's a simple ETF or a mix of holdings. Investing is now mandatory for long-term wealth survival. Hedge inflation.
-
Here’s How to Bring in $5k Passive Income in Q1 2023
Reviewing The Neighborhood Finance Guy's (TNFG) not so passive income and what generated $5,000 to kick off 2023. Extra Money is Good Money! With the market slowing through 2024, get creative and earn more.
-
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.
-
Why Modern Black Culture Became So Toxic & Expensive
In this episode of the Financial Griot Podcast, the hosts share their thoughts on modern Black culture, building wealth and changing priorities and narratives. Currently median Black household wealth seats at $24k. Another recession would bring that number to $12k. According to The Road to Zero Wealth report, the median wealth of black Americans will fall to zero by 2053 if current trends continue. With spending up and credit card usage bolstering lifestyle creeps on social media, is Modern Black cultural zeitgeist detrimental to long term wealth building and wealth preservation. Do we really want to have generational wealth?
-
How We Set Our Million-Dollar Wealth Goals for 2023
While we fell short in 2022, after some recalibration we created our million-dollar wealth strategy for 2023. Here's hoping we hit the mark.
-
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…
-
How to Bring in $45k of Passive Income by Q4 2022
Reviewing The Neighborhood Finance Guy's (TNFG) not so passive income and what generated $45,000 through 2022. Extra Money is Good Money! With the market slowing through 2024, get creative and earn more.
