TNFG Favs
My favorite topics on the Neighborhood Finance Guy (TNFG Favs) website are:
- Budgeting and saving:ย 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:ย 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:ย 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:ย 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.
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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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Pay Me What Iโm Worth: a Black Man’s Journey to $100,000+
A reflection of one Black manโs journey from dropping out of Grad School, being broke, terrified and finally taking personal accountability. Written by Lawrence Delva-Gonzalez, CFE and Edited by Ecclesiaste Guerrier, SHRM-CP, DEI Paychecks and Balanced Efforts At some point, any Job will do! I’d like to start by saying, “Personal Accountability is not a bad word.” Growing up watching fictional characters, it was easier for me to attribute success with effort. The Bad guys created obstacles and the Good guys learned something along the way and defeated the obstacles. Over time, like many other Black boys transitioning to Manhood, I forgot about these stories. Better yet, I never knew…
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How We are Becoming Truly Debt Free by 2036
A breakdown of how our household is tackling debt in wave. Our end goal is to debt free by the time we retire early.
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How to Grow Your Household’s Investment Potential by 111%
Looking at the stats for 2019 from the US Bureau of Labor and Statistics, it's easy to see why American families are struggling to make head way. About $7,250 per year in savings and pension is no where near enough to retire. Here are three easy ways to tweak your expenses to investment more. Learn to grow your wealth by 100%.
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The Nouveau Rich and Non-Affluent Millennials
We are Living in the Age of the Nouveau Rich, Black Excellence, Sharper Couture, and #TravelNoire. College grads who Hope to Start at $100K.
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Black Media and the Absence of Black Wealth in America
According to 2013 data from a paper by the progressive think tank Institute for Policy Studies, they found that it would take 228 years for the average wealth held by African Americans to catch up.
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The New Magic Number for Automatic Millennial Millionaire Status
More People Should Build Wealth. It's Easier than You Think. Most Millennials Can and Should Consider Becoming Millionaires.
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How to Work Smarter with a Financial Independence Plan
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.
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Divided State of Black America: the Growing Racial Wealth Gap
Most Blacks in the Americas can trace their genealogy to enslaved ancestors, forced into the trans-Atlantic slave trade that started in the early 17th century. From microaggressions in Brazil to colorism in Haiti, vestiges of the past still layer subtext of Black Excellence. To this day, Blacks in the United States continue to face institutional barriers and discrimination, including a growing racial wealth divide.
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How to make over 20% on your investments in 2021
TNFGโs Fav Five ETFs for 2021 Each year comes with its own share of trials and tribulations. The best part of 2020 is that it is over. With the market taking a dive in March 2020, only the few top tech companies seem to have carried the entire economy on their backs. This presents a colossal opportunity for investors over long-term savers. Buy ETFs Low, and Hold to Sell High While most fin-social media pundits will scream Vanguard Total Stock Index $VTI to the day they die, I rather go for a more nuance approach. In other words, if you want to succeed, it is best not to take the…
