Dear In-Your-20s-&-Wondering-How-To-Become-a-Millionaire, I am often get asked questions such as, “How do I go about becoming a millionaire by starting in my 20’s?” I love this question because I like that the young person is thinking about building wealth. Sadly, so many young people are distracted by the glitz and commercialism that is ubiquitous on social […]
Tag: money under 30
The Best Ever Birthday Gift to Buy Yourself
Dear Favorite Ones, First, as always I hope that you are feeling healthy and happy. Did you know that July through October tend to be the most popular months for birthdays in the United States? In fact, August is said to be the most popular month for birthdays, which apparently is tied to the festive […]
“What Do You Mean By Financial Literacy?”
Hello Friends and Family! Today it was a beautiful and snowy day where I am. While the snow was gorgeous, I don’t walk outside in that weather. So, I did my daily walk on an indoor track and I ended up chatting with a fellow walker. While discussing our passions, I was asked, “What do […]
What is a Credit Union? Rich Mom Answers
Hi There! I go by the nickname Rich Mom on this blog. Because of the financial literacy deficit, my goal is to help as many people, age 30 and under, develop financial literacy. So, thank you for being here. It helps me with my mission. Today’s topic? What is a credit union? What is a […]
What is a CD? It’s Not Just Something to Play Music
Dear Financial Literacy Family, Today’s topic: What is a CD or certificate of deposit? (Hint: It’s not just something used to play music.) But, first I want to check with you. How are you doing? How are you feeling? I hope that you are doing well! Now, let me tell you about a recent conversation […]
Earn As Much Interest As Possible
Hi! Today, I am writing to encourage you to earn as much interest as possible. You should get the maximum interest that you can. Before I start, I want to let you know that no matter where you are on your financial journey, you can get better. I have faith in you. Now Let’s Get […]
What Can I Invest In After I Invest In Stocks?
Dear Young Wealth Seeker, Kim is 24 years old. She has been out of college and working for two years. Kim has been working hard and making money. She is making money from both a full time job and a side hustle. (Go Kim!) Since she lives at home with her mother, she pays a […]
18 Signs That You Are a Financially Educated Person
Dear Friends and Family, In this letter, I am going to discuss being financially educated. But first let me say…Today is a beautiful day. Believe it and see it! I am hoping that you are doing very well and feeling happy and healthy. Today, I am going to tell you about 19 signs that you […]
What Is Interest? Rich Mom Answers
Today, I will discuss interest. But first, let me introduce myself. Hi! I am a mom focusing on inspiring those who are ages 30 and under. I want my child and you to have a life moving toward financial understanding starting at an early age so that you can have the best life possible. More […]
Start Creating Passive Income Today
Dear Health & Wealth Seeker, You need to start creating some passive income today. There, I said it. But first, hopefully you are having an awesome day. This morning, while sipping my cup of bergamot tea, I was looking over my online investment accounts. I am so grateful for having some passive income. You know […]