Najee Hannigan, a 26-year old entrepreneur from Philadelphia, encouraged his friends and cousins to put aside $50 a week so that they could all collectively invest in something big. Two years later, they have successfully accumulated enough money to purchase their first own real estate property. THE POWER OF BUDGETING! They will also use budgeting to manage renovation cost and successfully rent this property. Congratulations Majee Hannigan and friends. 2020’S UGLY ...
Read More
Shortly after starting my career, I read most likely I would work for ten companies. I thought that ridiculous and arrogantly laughed. My last employer was my 10th – NOT so funny anymore. I was laid off four times during the course of my career. When I look back at the career “crisis” I faced, I realize we really use the word crisis too loosely. On a scale of 1-10 my ...
Read More
Have you heard of the “Rule of 72”? This simple rule helps your HARD-EARNED MONEY grow! The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return. The formula: {72 / interest rate = Number years to double}. How long do you believe it will take to double your money if placed in a typical U. S. savings account? ...
Read More
RULE # 1: If your debt interest rate is higher than your targeted investment return, than prioritize paying off debt. Place your money where it does the most good. https://wealthbuildingpowers.com/2018/04/05/four-steps-to-achieve-financial-freedom-by-becoming-debt-free/ If you want to invest in the S&P 500 ETF, which averages about eight to ten percent annual returns you should prioritize paying off HIGH INTEREST credit card debt which can be as high as ~30%. The good news, student loan interest ...
Read More
Every successful individual regardless of the field, did so by outworking the competition.
Read More
Warren Buffett with an estimated net-worth of ~$90 billion is considered the world’s best stock investor Mr. Buffett stated, “the S&P 500 ETF index fund is the best investment MOST Americans can make.”
Read More
I write my annual goals each January, including Net-Worth target. When I started calculating and setting an annual net-worth target, I took better control of my wealth creation. Calculating your 2019 December, net-worth is like taking a picture of a house you are rehabbing. From that picture you determine the improvements you plan to work towards for the next 12 months THREE KEY REASONS Net - worth is the most ...
Read More
You have to decide how you’re going to show up in life,” she said. “I’ve used some of my differences as a way to stand out and to hopefully count and matter — and hopefully create an opportunity for others.” Her advice to those who may want to follow in her footsteps: “Be confident in your own ideas.” “Be brave,” she said. “Bravery is not the absence of fear, it is overcoming ...
Read More
COMPOUND INTEREST IS THE EASIEST WAY TO DOUBLE OR TRIPLE YOUR MONEY
Read More
WITHOUT ANY DOUBT THE BEST GET RICH PLAN IN TWO SIMPLE STEPS!
Read More