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How Compound Interest Works | Learn How To Make Thousands

How Compound Interest Works | Learn How To Make Thousands This is what Albert Einstein had to stay about compound interest. Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it. Albert Einstein So what’s so wonderful about it? What do we need […]

Budgeting Case Study: How I Increased My Savings by 105% in 1 Hour

Budgeting Case Study: How I Increased My Savings by 105% in 1 Hour Today, I’m going to show you how I save at least $2,050 every month. In addition to saving $2,050 every month.  I also: Save $2,000 for Christmas and Black Friday. Save $300 for birthdays. Save $750 for Summer. Pay an extra $300 […]

5 Questions Before Buying Anything

5 Questions Before Buying Anything I have a bin in my closet full of clothes I’ve never worn. I have a donation box in my parent’s garage full of purses, sweaters, shoes, and accessories that I’ve used at least maybe once? The very last thing I was thinking when I bought these things was, “Should […]

Percentage of Americans That Make Over 100k

Percentage of Americans That Make Over 100k According to the U.S. Census Bureau, over 24% of Americans made over $100,000 a year in 2020. According to IBISWorld, 34.4% of American households will earn more than $100,000 a year in 2022. Facts About Americans Making over $100,000 Source: PYMNTS and Lending Club, June 2022 Report 42.4% […]

What Exactly Is A Stock? | Easy Explanation

What Exactly Is A Stock? | Easy Explanation You are thinking about investing, you keep hearing about Tesla, or you don’t want to miss out on an opportunity to build wealth. However, you’re asking yourself, What exactly is a stock? You might have learned about stocks in high school or college but then totally forgot. I […]

Does Closing a Bank Account Affect Your Credit?

Does Closing a Bank Account Affect Your Credit? Does closing a bank account affect your credit? The only time closing a bank account affects your credit is if it’s closed with a negative balance. If you closed your bank account with a $0 balance, it will not affect your credit score. If you closed your […]

Index Funds For Beginners | Easy To Understand

Index Funds For Beginners | Easy To Understand “Invest in index funds that give you exposure to the broad market of the best companies in the world and hold on to them for the long term.” Warren Buffett When Warren Buffett gives advice, I listen. This is the advice he gives to individual investors. Individual […]

How To Switch Banks : A Step-by-Step Guide

How To Switch Banks : A Step-by-Step Guide You’re switching banks because you got offered an exceptional new customer bonus, you’re finally getting paid interest, or you’re just tired of having to deal with terrible customer service? You’re excited to move forward but you’re also thinking about how to switch banks? I get it! Following […]

How Many Bank Accounts Should I Have?

How Many Bank Accounts Should I Have? How Many Bank Accounts Should I Have? I created the “3B Banking Method” which means you should have three bank accounts. Simple and easy enough to remember Three bank accounts are all it takes to manage your finances successfully. With that said, sometimes you’ll need to have more […]

15 Money Saving Tips For Young Adults

15 Money Saving Tips For Young Adults Becoming an independent young adult is a dream in our teenage years. We dream about living on our own, having the perfect career, and becoming financially successful. I’m going to guess that becoming financially successful is probably your #1. Right? So how do we get there? How do […]