The great thing about today is there is an app for everything. It’s interesting and you may learn a little about yourself by looking over past statements. Just in case you have a habit that has gone unnoticed. Your goals are much better aligned with your coming results when you are providing a clear picture… Continue reading Tracking Spending
Category: Savings
Allocation
Intro. There’s things we want slash need to buy every month. I Wi-Fi, groceries. These are things I have to pay for and things I don’t. I need to know this so i can designate some money to savings. Thereby, paying my future self. I can better weigh risk by putting into stocks , markets.… Continue reading Allocation
On FDIC
Have you gone to the bank lately? If you’ve made a deposit you may have noticed that the bank insures up to $250K. You might have given some thought to it, on how banks make money that is, and the reliability of banks returning your deposit. If you recall the crisis with Silicon Valley Bank… Continue reading On FDIC
On Lottery
Americans spent $105.26B last year playing the lottery. Many have played and won jackpot prizes. While numerous individuals try their luck in the lottery, hoping for a grand prize to buy a car, a new house, or achieve financial wealth, it’s crucial to understand that wealth creation is not merely a matter of luck. In… Continue reading On Lottery
How to get started on Budget Management
Good budget management will better prepare you for the future. Begin with a goal you have. Make priorities based on your needs and wants then have a plan to bring it into action. Budget management will have positive impact on your financial health. Why budgeting is important Everybody should have a budget. If your goal… Continue reading How to get started on Budget Management
Financial book reviews for beginners: Atomic Habits, James Clear
After hearing about this book over the past few years, I finally decided to purchase it. It seems to be really popular because there was a 6 week wait on the digital copies at my local library. Nonetheless, I am really glad I purchased my own copy because I can highlight and take notes in… Continue reading Financial book reviews for beginners: Atomic Habits, James Clear
What is Deflation?
Unraveling the Dynamics of Deflation: Impact on Economies and Consumers Deflation is an economic phenomenon characterized by a sustained and general decline in the prices of goods and services, often leading to negative inflation rates. This essay aims to define deflation, explore its significance in economic contexts, provide an example, and analyze both the advantages… Continue reading What is Deflation?