Curtis “Wall Street” Carroll grew up in the type of neighborhood you don’t want to walk through, not during the day, and definitely not at night. These streets are not kind to anyone, not even to those that live there.
“Money Rules the world and everything in it. In these streets, Money is king. If you follow the money, it will lead you to the bad guy or the good guy.” — Curtis Carroll
After that, he committed his first crime, and this was the first time that he was told he had potential. Never before had someone say they…
At some point while at your job, annoyed with the hassle of the work day, you probably thought to yourself “Oh, I wish how I could just stop working, and never have to come here again.” You would likely much rather spend your days doing the things you love, like traveling, spending time with friends and family, or working on personal projects that are near and dear to your heart. In the world of personal finance, we call that retirement. (It could actually be called unemployment as well. …
Even though today I am a financially savvy parent, that wasn’t always the case. It was not so much that I wasn’t financially savvy, as much as I just wasn’t financially fortunate. There is a difference.
In my mind, being financially savvy is about taking something you have and either making it last longer or making it grow.
Being financially fortunate is entirely different. There are plenty of people that have hit it big in one way or another, yet they are not financially savvy at all. …
I hope you have learned a bunch over the last few articles. If so, today should be no exception.
Previously, we spoke about picking companies that you like. You see they are doing well, or you like the products that they sell. While this is perhaps a great way to find promising countries, there is an issue.
If you only have 1–3 of these companies, for example, you are putting all of your eggs in one basket. These companies might do really well. …
Get ready for a good time. This is where we make the magic happen. We have the list of companies we want to buy. We spoke about the types of accounts in which you will buy your stock. Today we start talking about money, and how to make it go the furthest.
Many people want to learn how to get rich quickly. They are always looking for tricks to make a pile of money the fast way. …
Welcome back for Part 4 of your Beginners Guide to Investing Crash Course!
You need 3 things in order to buy stocks, two of which you already have (hopefully).
Item 3 is actually the subject of today’s article.
Welcome back for Part 3 of 6 of your Beginners Guide to Investing Crash Course!
In the last article, we spoke about buying GOOD companies. We are investing for the long term, and only GOOD companies are going to continue to grow and make money for you.
Today we are going to speak about what differentiates a good company from a bad company.
There are several factors that could help you know a good company when you see one.
Yesterday we mentioned one potential sign that a company, namely, they produce a product or service that you like and trust.
In the last article, we discussed finding WHAT your goal for investing is and WHY you want to invest for that goal.
We are going to jump right into talking about the stock market so you can understand how things work.
There are many things you can buy on the stock market, but the most basic is shares in a company.
When you buy shares of a company, you literally become an owner of the company. Each share you buy is a tiny slice of the company. The more shares you own, the bigger your slice of the company.
SO many people have asked me how to get started invested in the stock market. I love helping others grow and prosper, so I am happy to put that together.
BUT it would be a HUGE article. I am going to break it into a few pieces to make it easier to read and follow.
Well, where do we start? We start with the #1 thing you need to know. This will get you through tough times.
There will be times you want to put money into clothing or vacations instead of investing.
There will be times you will feel…
The title is a little bit harsh, but as your Financially Savvy Parent, it is presented with love. I say this because I care about you. My message today is: Stop crying about being poor. The reason is because there are opportunities that are ready and willing for you to take advantage of. All you need to do is learn about these opportunities, and how to get what is yours.
I want to start off by saying that I understand that not everyone has the same opportunities in life. That is clear. It is definitely true that for a variety…
Nadav is the FinanciallySavvyParent. He empowers individuals and parents young & old to have a healthy relationship with money. Personal finance can be fun!