Hard Word doesn’t equate Wealth They worked hard. Gave their best. Sacrificed much.Yet, for many of our parents, financial greatness never quite happened. So what held them back? And more importantly — what can we do differently? Let’s unpack it. They Chose Security, Not Scalability Our parents valued safety — and who can blame them? … Continue reading Why Our Parents Didn’t Make It Financially Big — And How We Can
Monday Financial Nuggets
“Wealth Is a State of Mind” – Napoleon Hill
A lady who works hard but her money does not equate to her hard work “Money does not come to the busy, nor to the needy, nor even the deserving… Wealth is not earned by toil alone. There are millions of men who toil harder than the wealthiest, but who only receive a fraction of … Continue reading “Wealth Is a State of Mind” – Napoleon Hill
Work Hard or Work Smart: Which would you rather do?
Work Hard vs Work Smart Great question — and the short answer is: the ideal is to work both hard and smart. You don’t have to choose one over the other. But understanding the difference between them helps you maximize your time, energy, and results. 🔍 What’s the Difference? 🛠️ Working Hard Means putting in … Continue reading Work Hard or Work Smart: Which would you rather do?
Investing in Precious Metals
Platinum, Gold, Silver, and Copper Bars Investing in (precious metals) gold, silver, and platinum can be a solid strategy for diversification, wealth preservation, and hedging against inflation. These precious metals are tangible assets with intrinsic value, and they tend to perform well during economic downturns or times of high inflation. Here’s a breakdown of each … Continue reading Investing in Precious Metals
Women and Financial Power: Breaking Barriers and Building Legacies
Women’s financial power has been on a remarkable rise across the globe, and as we celebrate Women’s Month, it is essential to highlight the incredible strides women have made in the financial world. From breaking barriers in business and investing to leading multinational corporations, women are not just earning more but also shaping economic policies, … Continue reading Women and Financial Power: Breaking Barriers and Building Legacies
Your Bank Mistakenly Deposits a Large Sum Into Your Account: Now What?
An unexpected windfall from yourbank Imagine checking your bank account and suddenly seeing trillions—or even just millions—mistakenly deposited. It sounds like a dream come true, but in reality, it can quickly turn into a legal and financial nightmare if handled incorrectly. Chase Bank recently made headlines after mistakenly depositing over $2 trillion into a customer’s … Continue reading Your Bank Mistakenly Deposits a Large Sum Into Your Account: Now What?
Part 2: Dynamic Pricing and Apartment Rentals
Dynamic pricing, often referred to as real-time or surge pricing, is a pricing model strategy powered by algorithms and data analytics where the cost of a product or service fluctuates based on market demand, competitor prices, time of day, or other variables., Surprisingly, dynamic pricing is prevalent in the real estate rental market. We touched … Continue reading Part 2: Dynamic Pricing and Apartment Rentals
Towards Financial Freedom: A Married Couple’s Guide to Unity in Finances
Marriage and Money Introduction “When two become one” isn’t just about sharing a last name or a home. It’s about uniting every aspect of your lives, including finances. For many couples, navigating money matters can be one of the most challenging and rewarding parts of marriage. Whether you’re newlyweds or seasoned partners, building a solid … Continue reading Towards Financial Freedom: A Married Couple’s Guide to Unity in Finances
Dynamic Pricing
Dynamic pricing across various industries. Dynamic pricing, often referred to as real-time or surge pricing, is a pricing strategy where the cost of a product or service fluctuates based on market demand, competitor prices, time of day, or other variables. This pricing model is powered by algorithms and data analytics, making it a key strategy … Continue reading Dynamic Pricing
The Paradox of Insurance for the Average American: Part 1
Various Types of Insurance Coverages expected of the Average American The Insurance Industry has been in the news lately. But, honestly, when are they ever not in the news? Sadly, the CEO of one of the largest in the Industry was recently killed in an ambushed-style shooting. Our thoughts and prayers go out to his … Continue reading The Paradox of Insurance for the Average American: Part 1
Billionaires in America
Billionaire Images in America According to Forbes, there are 813 billionaires in the U.S.A.. Also, United States is considered to be the wealthiest country in the world in terms of size of economies or overall gross wealth. (Forbes.com) United States has 345 million people of which less than half (161.5 million) are employed according to … Continue reading Billionaires in America
Billionaires Index
Have you heard of the Billionaires Index? It is a Bloomberg’s daily watchlist of the world’s wealthiest individuals. Billionaires as opposed to Millionaires. The list is updated at the end of every trading day. Just in case you don’t know, “Bloomberg L.P. is an American privately held financial, software, data, and media company” (Wikipedia) based … Continue reading Billionaires Index
Are you a Disruptor and a Divisor?
Do you know that boldly speaking out about issues—especially controversial ones—can indeed lead some to view you as “divisive” and “disruptive,” but this doesn’t necessarily make you divisive in a negative sense. Yes, being divisive and disruptive can absolutely be positive, especially when the goal is to inspire change, shed light on important issues, or … Continue reading Are you a Disruptor and a Divisor?
Understanding Class Statuses in America: Does the Middle Class Still Exist?
In the United States, social class is more than just income—it encompasses lifestyle, education, occupation, and overall economic stability. The traditional class structure, often segmented into lower, working, middle, upper-middle, and upper classes, has been the foundation of American society for generations. However, as economic dynamics have evolved, so has the concept of the “middle … Continue reading Understanding Class Statuses in America: Does the Middle Class Still Exist?
Relocating from a Higher Cost of Living Area to a Lower One: California vs. Texas or Ohio
I visited Texas (Austin and Houston) this past weekend. It’s not my first time in Texas or these cities. But the first time that I actually paid some attention! The food was different (southern) and portions were big. I chose not to visit any food franchise available in California. Speeding is highly frowned upon with … Continue reading Relocating from a Higher Cost of Living Area to a Lower One: California vs. Texas or Ohio
Meal Prep-per for Hire
Meals prepped to save time and money Today’s topic is essential for personal finance purposes. If you want to save time and money, hire a dedicated meal prep-per for a fraction of the money spent dining at restaurants or ordering food delivery. It was a service I once incorporated into my catering business some years … Continue reading Meal Prep-per for Hire
Economics 101
Put on your thinking (or is it, your green) cap for some intro to some, and refresher for others. Set your brain to the left. I hope you came with your notepad (you’re allowed to use your iPhone), pen, and retentive memory. You will need this class for your lifetime. You might want to memorize … Continue reading Economics 101
How would you react if you lost …
Lost money be found I hate to lose anything. If anything; and I mean, anything is missing, I have been known to comb, sweep, and turn the house over looking for it. After, much travail and unable to find it, I’ll turn to ask Holy Spirit for help. 🤦🏾♀️ Does that sound familiar to anyone? … Continue reading How would you react if you lost …
The Poor, the Rich, and the Wealthy: Understanding the Key Characteristics and Differences Between Them
Key concepts between the Poor, Rich, and Wealthy https://brightlanelearning.org/2024/01/poverty-in-america/ In today’s society, wealth and financial status often serve as markers of success. However, not everyone fully understands the distinctions between being poor, rich, and wealthy. These terms are often used interchangeably, but they each represent different mindsets, lifestyles, and financial strategies. In this post, we’ll … Continue reading The Poor, the Rich, and the Wealthy: Understanding the Key Characteristics and Differences Between Them
Introduction to Stock Trading: A Beginner’s Guide
Icons in the stock trading Interested in stock investing? Another way to get started is by trading stocks. Read on: Investing in the stock market is a powerful way to grow wealth over time, but for those new to the concept, it can seem complex and intimidating. This guide aims to introduce you to the … Continue reading Introduction to Stock Trading: A Beginner’s Guide
Investing in Stocks: Navigating the Ups and Downs
Stock and ETFs investing is volatile Investing in stocks is a long term journey and can be both exhilarating and nerve-wracking. The promise of financial growth and security is enticing, but the market's volatility can be intimidating. If you're a novice investor, you're likely familiar with the anxiety of seeing your stock portfolio fluctuate. This … Continue reading Investing in Stocks: Navigating the Ups and Downs
Need Money to Make Money?
Do we need money to make money? The adage "It takes money to make money" has been ingrained in our collective consciousness for generations. It suggests that financial capital is the primary requirement for generating wealth. While there is some truth to this notion, it is not an absolute rule. Many factors contribute to financial … Continue reading Need Money to Make Money?
Understanding TCP Numbers on Vehicles
For those who live in California, have you noticed certain numbers after the letters “TCP” on vehicles and are curious as to what they represent? I have. And the more I see them, the more curious I get. So, I finally decided to research them. 😊 What is a TCP Number? A Transportation Charter Permit … Continue reading Understanding TCP Numbers on Vehicles
Money Relationships
Various Types of Money Relationships What relationship do you have with Money? Are those relationships innate (DNA) or self-derived? We all have money relationships that we are either conscious or unconscious of. Knowing those relationships and why will greatly help us with our money habits and relationships. What’s your Money Relationship? Money is a critical … Continue reading Money Relationships
Buy a Home: Now or Later?
Buy a Honey or Wait? Many are wondering if it is a good time to buy and own a home. Though the rates are higher today than they were four years ago, the truth is that there is no guarantee whether the rates will go lower or continue higher. So what do home shoppers do … Continue reading Buy a Home: Now or Later?
Stock Split: Understanding What It Is, Why It’s Done, and Its Impact
Stock Investing and Split A stock split is a routine corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares. Although the number of shares outstanding increases by a specific multiple, the total value of the shares remains the same, as does the market capitalization … Continue reading Stock Split: Understanding What It Is, Why It’s Done, and Its Impact
Lifestyle Inflation
Lifestyle Inflation Is your Lifestyle rising, or competing with, Inflation? Pause to think on this. If your answer is “Yes,” you guessed right, your lifestyle is suffering from Lifestyle Inflation. Lifestyle Inflation refers to the phenomenon where an individual's spending increases as their income rises. This often happens because people start to spend more on … Continue reading Lifestyle Inflation
Cause and Cost of Inflation
Inflationary Images I received an email from Equifax, one of the credit bureaus on the above title and thought to both share it (in the link below) and write on it for my Monday Financial nuggets. The email was a reminder to know how much your credit cards will be costing you and to use … Continue reading Cause and Cost of Inflation
Would you rather Retire young or later at 65?
Retire Early or Later? Technology has accelerated the opportunity for many to make wealth such that those who desire to retire at a young age could do so. They don’t have to work till age sixty-five as required by the government. However, what does a 20-40 year old do after retirement? Retire Early Retiring young … Continue reading Would you rather Retire young or later at 65?
Money Tolerance Levels and Habits 2
Money Risk Tolerance Levels Do you know what your money risk tolerance level is? Find out in the first post. This second part looks into hereditary factors and other factors that may affect our money risk tolerance levels. Read on. Can an individual’s risk tolerance be hereditary? Yes, there's evidence to suggest that an individual's … Continue reading Money Tolerance Levels and Habits 2
Money Tolerance Levels and Habits
Money Risk Tolerance Levels Do you know what your money risk tolerance level is? Knowing it can explain your various personal financial habits. Those habits that shape your overall spending patterns, purchases, savings, investing, and even gifting. What is Risk Tolerance? According to the U.S. Securities and Exchange Commission (SEC), risk tolerance is described as … Continue reading Money Tolerance Levels and Habits
Financial Malpractices: Predatory Lending
Predatory Lending. Created in Canva What is it? Predatory lending refers to the practice of providing loans with unfair or abusive terms and conditions that exploit borrowers, particularly those who are vulnerable or financially disadvantaged. It involves some key points such as: 1. Exploitative Practices Predatory lenders often target individuals who may not qualify for … Continue reading Financial Malpractices: Predatory Lending
Not All Money is Good Money
Good Money, Bad Money on a Scale Not all money is good money is an aphorism we’re all accustomed to. However, we all merely talk about it rather than do something about it. In the pursuit of wealth, it's easy to fall into the trap of believing that all money is good money. However, a … Continue reading Not All Money is Good Money
10 Highly Regarded Books on Personal Finance and Investing
A Google search of “total number of Personal Finance and Investing Books” produced 72 million in 0.71 seconds! It is impossible to read every one of the books. However, a rule of thumb is that one reads at least ten (10) books on any topic to gain mastery. Below are my ten (10) classic and … Continue reading 10 Highly Regarded Books on Personal Finance and Investing
Monday Financial Nuggets: Change your thinking and words concerning Money
Credits: Pexels Our words are powerful whether we believe it or not. And it is unrelated to religious beliefs. Religion has nothing to do with the words we use. However, if you stop to think of how you came into being, you might agree that you are a spirit or are of a divine nature. … Continue reading Monday Financial Nuggets: Change your thinking and words concerning Money
What would you do …?
Credits: Pexels Let’s dream a little for Monday Financial Nuggets … What would you do if you won a half-a-billion dollar ($500 million) lottery: A. Liberate several people and families B. Liberate yourself with whatever freedom means to you C. Build at least a school, hospital, or some infrastructure D. Donate it all to charity … Continue reading What would you do …?
Genetics and Money Management Skills
Credits: Pexels Genetics play a significant role in our lives whether we like it, admit it, or not. How we manage money, or fail to, including our money habits are also genetically linked. If any of one’s parents is a spendthrift and philanthropist with whatever they have, certainly at least one of their children will … Continue reading Genetics and Money Management Skills
Women in Economics – IMF Blog
Women in Economics – IMF Blog — Read on blogs.imf.org/2021/08/06/women-in-economics/ For Monday Financial Nuggets, I'm sharing an International Monetary Fund (IMF) Blog on Women in Economics. As much as I enjoyed reading each lady's contribution to Economics, I was disappointed that the Blog was biased in its showcasing, lacked diversity, and merely focused on one … Continue reading Women in Economics – IMF Blog
Why You Shouldn’t Max Out Your 401(k) – Of Dollars And Data
Why maxing out your 401(k) might not be as beneficial as you initially imagined. — Read on ofdollarsanddata.com/should-i-max-out-my-401k/ I think this is worth sharing for Monday Financial Nuggets. This is for you if you work 9-to-5, or have ever contributed to a retirement account, or are thinking of contributing. Many, if not all of us, … Continue reading Why You Shouldn’t Max Out Your 401(k) – Of Dollars And Data
Monday Financial Nuggets: The Poor, The Rich, and The Wealthy
The poor, the rich, and the wealthy: God made them all. Baring any financial inheritances, and level playing fields, God created all equal - one head, two eyes, and two legs. None was born with two heads and three or four legs, right? Such a being will no longer be human. Why then are some … Continue reading Monday Financial Nuggets: The Poor, The Rich, and The Wealthy
Of Money Magnet and Money Repellant
Credits: Pexels Today’s post is all questions. Answering them, in my opinion, will make you aware, if you are not already, of your thoughts and beliefs. Thanks for participating. Does money flow to you easily or is money attracted to you and vice versa? What example(s) do you have of #1? Do you repel money? … Continue reading Of Money Magnet and Money Repellant
Want to be the next self-made multimillionaire? Follow these 10 tips
http://www.cnbc.com/2018/09/06/grant-cardone-10-tips-to-become-a-self-made-multimillionaire.html Monday Financial Nuggets: 10 Tips for the Next Multi-Millionaire by Grant Cardone The article is a bit dated, but its contents are still relevant today. I also don't know much about GC, but the tips sound surefire. Have a successful week ... To your financial success. 😍✌🏾
So you think you’re ready for marriage … How’s your F-Financial Development?
Our fourth post in the pre-marriage series, PEMFESS + P, is the F-Financial Development. Click here for the M-Mental Development. Preamble Money. Money. Money. We can’t do without it and only few can live wisely with it. To be respected in most marriages, you must contribute financially to its success. It’s sad that love is … Continue reading So you think you’re ready for marriage … How’s your F-Financial Development?
Monday Financial Nuggets: Prenups and The Rich and Famous
Credits: Left, Unsplash / Brett Andrei Martin. Right, Pexels It is yours, mine, and our money blog. Since I’ve being blogging on pre-marriage, I thought to research on pre-nuptial agreement (also known as prenups) because the main reason for it is to protect one’s money and assets before marriage. “A prenuptial agreement ("prenup" for short) … Continue reading Monday Financial Nuggets: Prenups and The Rich and Famous
Of Wealth and Attitudes
Do you know what determines whether you will be wealthy or not? Or yet, if you’re wealthy, whether or not you’ll be able to manage and hold it? There is a science and art to wealth and most of us are still trying to figure it out. I do not have the right answer, but … Continue reading Of Wealth and Attitudes
Monday Financial Nuggets: 10 things I wish I knew about Insurance
Keeping the life insurance I had when I was younger. Generally speaking, we are all more agile and healthier at 20-30 years old than we are at 40 and over. Buying life insurance at an older age is more expensive. I realized that if I had retained the whole life insurance, I could have locked … Continue reading Monday Financial Nuggets: 10 things I wish I knew about Insurance
Quadrant
A quadrant (quad) among other definitions, is “the area included between such an arc and two radii drawn one to each extremity.” What quadrant do you belong to? Which quadrant are you presently operating in? And which should you truly be in? Other terms have been used. Terms such as buckets, sections, structure, quarter, etc. … Continue reading Quadrant
Money and Propensity to Splurge
Money. Money. Money. We cannot do without it, but can we have more than enough of it such that we do not know what to do with it? Money, in my opinion, is primarily a tool to be used to get the things we need or want. It is when we have the “more-than-enough” that … Continue reading Money and Propensity to Splurge
Monday Financial Nuggets: Youngsters and Money
Few working youths (per United Nations' referenced ages 15-24) know what to do with money, either earned or gifted to them. I used to be one of those several years ago. Maybe not totally, but looking back, I acknowledge that I could have done better. A working teenager has no money responsibilities like bills or … Continue reading Monday Financial Nuggets: Youngsters and Money
Financial Monday: how long will The Stimulus Check go
Credits: Pexels As you may have heard, President Biden’s $1.9 trillion covid relief package was signed last week. According to reports, some families have received their $1,400 stimulus checks this weekend. I’m happy for those people. We all could use some financial/money help, couldn’t we? The $1,400 Stimulus Check per person is for earners of … Continue reading Financial Monday: how long will The Stimulus Check go
Think-Talk 
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