It is a good idea to have all three types of income…
Tag: personal finance
Becoming a Millionaire by Starting In My 20’s
Dear In-Your-20s-&-Wondering-How-To-Become-a-Millionaire, I 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 media […]
What is the Difference Between Credit Cards and Debit Cards?
Dear Early Financial Enthusiast, Have you ever wondered, “What is the difference between credit cards and debit cards?” That is the question of the day. But, before I get started, I want to say “Thank you for reading this. By doing so, you are helping me with my goal of sharing financial literacy. So, I […]
“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 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 […]
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 […]
Spilling the Tea on How to Start A Robinhood Investment Account
Dear Ready to Open a Robinhood Account, How are you doing? I am hoping that you are doing very well. If you have been reading my letters, you know that I think that you should start investing as soon as possible. If you have not read my previous letters, you can find some of them […]
Stock In Focus: FedEx & the CNBC Investing Club
Greetings My Investing Family! This morning, I decided to spend some time thinking about my stocks. I am a member of the CNBC Investment Club. The investing club is run by Jim Cramer and Jeff Marks . You may be familiar with Jim Cramer from the television show called “Mad Money with Jim Cramer.” I […]
A Secret to Success (One Secret That Is Not Taught In School)
Dear Family, Today I am going to share with you a secret to success. Your success is connected to the number of people who you know and who know you. But, not just know you, but the number of people who know you, like you, and trust you. What makes people feel that they know […]