-
How Not To Let Inflation Erode Your Household Wealth
According to an article by Yahoo Finance, inflation will make these seven assets unaffordable in the next 10 years. The future is expensive.
-
How We Improved Our Wealth Cash Flow for March
Investments moved up in March 2024, leading to the high performing quarter since 2019. While prices are high, we are still pressing on with our cash flow. It's costing the average household an extra $6,000 per year to keep up. The real question is, are you keeping up?
-
How We Improved Our Wealth Cash Flow for March
Investments moved up for March 2023 however still down from last year. While prices are high, we are still pressing on with our cash flow. It's costing the average household an extra $6,000 per year to keep up.
-
From Inflation to Recession, How to Master Modern Economic Vocabulary
Inflation, Recession and high prices are dominating the news lately. After two years of government stimulus payments, eviction moratoriums and student loans in forbearance to fight the pandemic, prices are finally catching up. Instead of being swept into this moment of confusion, it is time to brush up on the basics of macroeconomics. Hope this serves as a one-stop shop for information as your personal economy continues to develop. You can also dive into the details on each topic via Investopedia.com Do you even know what the Federal Reserve System is? For simplicity, the Federal Reserve System is the most powerful financial institution in the world. Most people call it…
-
A Recipe for Social Pressure: Materialism, Lifestyle and Inflation
"What I Post, Why I post and How I post about my experience is all intentional" LDG In this episode of the Financial Griot, we discuss the toxic recipe of materialism and the void of purpose that it steals. While the world enters in the late stage of our expansion with a recession looming, it's not even optional to be financial literate any more. Becoming financial literacy and materially free is not a mere act of minimalism for the gram. It's a struggle upstream from the direction of society. Turning toward your purpose changes you.
-
Subscribe to the Top 5 Retirement Planning YouTubers Now
With record high inflation and recession looming, retirement planning for most Americans is on the back burner yet again. Surprisingly, seventy-eight percent of Americans surveyed stated that they were either “doing OK financially” or “living comfortably” in the quarter of 2021, according to the Fed’s Survey of Household Economics and Decisionmaking (SHED), an annual poll of how U.S. adults are faring economically. In truth, many are struggling to keep up. Both instances can’t be right? Well Q1 2022 pulled the rug from under our feet. The rise of groceries and gas translates to an extra $5,000 of unanticipated expenses with one place to pull from, retirement savings. Either folks will…
-
Our Investments Dropped $50k in the Red. Inflation Madness Continues!
Investments are in the red. For some, it took all of 2021 growth off the table. High Inflation and a War will do that. It's getting harder. It's costing the average household an extra $6,000 per year to keep up.
-
Reading is the Best Life Hack. Here are TFG’s Top Book Recommendations for 2022
Finally, an episode that is simple. The Financial Griot crew is cooking up major heat with their Book recommendations. That being said, these are masterclass books that you need to get you in motion this year. Don't miss out on these life changing authors and let us know your recommendation as well.
