As we near tax time, we can't help thinking about money - how much we have or don't have. Since one of my deepest hopes for our community is that we recognize and leverage our economic prowess to improve our collective condition, I wanted to compile some powerful quotes on money. These are from some of our financial forefathers, past and present. I hope they inspire you to make … [Read more...]
4 Steps for Preparing Yourself Financially Within Your Marriage
Money and finances are one of the top 3 reasons cited for divorce. It is a very important topic couples must deal with. It erodes a lot of people’s marriage and brings about unbearable stress in the lives of couples. As a couple, you need to have an open and honest dialogue about this topic of money. First, think about how you grow financially within marriage. After you’ve … [Read more...]
These 3 Money Exercises Are a Must If You Want to Build Lasting Wealth
Dr. Dennis Kimbro, author of The Wealth Choice: Success Secrets of Black Millionaires says, “I can tell you unequivocally wealth is not a function of gender, not a function of race. It is not a function of circumstance. It is not a function of condition—how the cards were dealt, which side of the town you were born on, but it is a function of choice, a … [Read more...]
5 Ways to Kick Financial Infidelity Out of Your Marriage in 2018
Financial infidelity, like romantic infidelity, is rooted in deception, lying, and secrecy. Instead of holding your cards close to your chest when it comes to your relationship with another person, financial infidelity surfaces when you purposely mislead and withhold information about money and money matters. In December 2010, Harris Interactive fielded the Financial … [Read more...]
Why You Need to Stop Whining About Your 9 to 5 in 2018
By: Danielle Pierce So many people have gotten the entrepreneur bug and claim they want to leave their day job. All day on social media, you can see post after post of women claiming they are done with working for someone else and they are going to go after their dream. Typically, you will find lots of comments in agreement with this sentiment and the general consensus … [Read more...]
Start Building Wealth With These 3 Real Estate Investing Resources
Here’s a simple truth. It’s almost impossible to become financially independent working a 9 to 5. As Robert Kiyosaki points out in his book Rich Dad, Poor Dad, the disadvantages of being an employee are just too numerous. Taxes, for one, crush your wealth building ability. Worse yet, you’re not guaranteed job security. And if you don’t work (get sick, injured, laid off, etc), … [Read more...]
Money and Marriage: 5 Financial Tips to Strengthen Your Relationship
By: Kyle Strozier It’s been said that the number one cause of strife, arguments and eventual breakdowns in marriage is...money. I’m sure we all know of personal accounts that will corroborate this. I’m here to say, that needn’t be the case for you. Marriage is a union of two people. However, for many couples, that union stops immediately at money. Here are a few tips … [Read more...]
These 4 Traits Can Turn Your Child Into a Money Mastermind
You want the best for your children. So what can you do to ensure they become adults who are happy and prosperous, rather than ones who are stressed out, living paycheck to paycheck? Teaching them about saving, debt, and compound interest is a good start; but instilling them with the right attitudes and mindsets is even more important. That’s because psychological failings … [Read more...]
5 Financial Tips to Keep Money from Ruining Your Relationship
By: Dr. George James Some say that money is the root of all evil while others believe the love of money is the source of all evil. In loving committed relationships, money can become the evil that breaks the couple up. In a healthy relationship, it is important for the couple to talk about money, discuss spending habits, figure out how to pay bills together and develop a … [Read more...]
Overworked and Underpaid? These 6 Techniques Just Might Help You Get the Raise You Deserve
A close friend of mine is the heart and soul of her medical office. Taking on more tasks than humanly possible, she is the “go to” person for everyone. And while she is constantly training people who go on to gain advancement and pay raises in other parts of the company, she continues to toil away, earning a salary that is not in line with her … [Read more...]
The Next Recession is Overdue. Here Are 4 Ways You Can Prepare for It
In the words of the popular Game of Thrones television series, “Winter is Coming.” But with the threat of a recession in the future, are you financially prepared? That’s one of the questions raised by a new GoBankingRates survey which found that not only are many of us still reeling from the last recession which occurred nearly a decade ago, but we're also ill-prepared for … [Read more...]
Pay Yourself First in These Areas to Achieve the Success You Crave
Pay yourself first. It’s advice advocated by David Bach and a long line of financial gurus. Financially, this refers to setting aside a small portion of your income to fund your financial priorities like savings, investing, and paying off debt. But paying yourself first applies to the rest of life as well. In so many ways, we take care of everyone and everything else before … [Read more...]
5 Things that Should Matter More than How Much Your Man Makes
My husband is the primary breadwinner in our home. I love and appreciate him for that and so much more. He provides for all of us, and I never question how important that is to him. But I also know that our current situation can change at any moment. I know that a time may come when I make more than he does. I know that the possibility of losing his job is always on the … [Read more...]
Money & Marriage: 2 Ways Couples Can Get on the Same Page Financially
Soon after Derek proposed to Carrie, he got a bit of a surprise. He found out her house was headed into foreclosure. They still got married and faced the financial disaster together because, as they put it: "We had no choice. The bank wasn’t taking excuses in lieu of mortgage payments.” The conversations and decisions that Derek and Carrie had to make early in their marriage … [Read more...]
Money Monday: 5 Questions About 2016 That Will Help You Prosper in 2017
As the year roars to a close, it's only natural to think about what lies ahead in 2017. Before you look forward, however, consider taking time to reflect on the year that was. Answering a few simple questions about 2016 could put you on the right track to a prosperous 2017. What did you learn from 2016? Celebrate your victories. That's right, pat yourself on the back for all … [Read more...]