Dear Financial Family, Today I am going to talk to you about five things that I don’t spend money on. (Spend less, invest more.) But first…Have I told you how proud I am of you? I am. You have made it through the pandemic, and you are still focused on how to move ahead. […]
Tag: money under 30
My 3 Streams of Passive Income
Dear Health & Wealth Seeker, This morning, as I was enjoying a cup of green tea with ginger, someone asked me a question. The person asked me how he could make more money. I’m going answer this right now: Passive income is the answer. The young man that asked me this question has a job. So, […]
3 Stocks Under $10
Dear Investing Family, Today’s topic? 3 Stocks Under $10. Investing is pivotal to growing wealth, and I love investing in stock. However, I know that sometimes, you may not have much money to invest. Well, you do not need a lot of money to start investing in the stock market. That is why I recommend […]
Top 13 Things To Remember About Budgeting
Dear Budget-Seeker, Steve works as a computer programmer. While doing this , he makes approximately $80,000 a year. Every couple of months, Steve looks at his bank account and bills online and is concerned that his minimum payments due on his credit cards are getting larger. Also, he has noticed that the amount that he […]
What is a Stock? Rich Mom Answers
If you listen to the news, or a variety of people talking, you have probably heard people mention stocks. Are they up? Are they down? Lots of people want to know. But, you may be wondering… Just what is a stock? What is a Stock? A stock represents a fraction of ownership in a company. […]
5 Suggestions on How To Live Below Your Means
Dear Financially Determined, I am hoping that you are happy today (and everyday). My message for you today: Try to live below your means. I know, I know…It’s much harder said than done! But it is the only way to move toward future financial freedom and end up in a better financial situation. You need […]
What Is An Example of an Inquiry on a Credit Report? Rich Mom Answers
Credit inquiries… What is a credit inquiry on a credit report? A credit inquiry is what it’s called whenever a business requests information about your credit from a credit reporting bureau. This is an inquiry. There is a record created when they check your credit. What Are Some Examples of Who Might Do an Inquiry […]
What Are Credit Score Ranges? Rich Mom Answers
What are Credit Score Ranges? Rich Mom Answers You perhaps have heard about credit scores. You know that credit scores are important. Consequently, you need to know what the ranges of credit scores are. Knowing what the credit score ranges are will help you understand where your credit score places you, and where you want […]