Remember, the most important rule to investing is to diversify your money. 💰 If you own different and many stocks, and you mix it up, it’ll minimize the risk of losing all your money. Mutual funds allow you to be diversified even though you just have one mutual fund.⠀
Let us give you a simple example of what we’re trying to say:⠀
You have one suit case filled of MANY different companies that range from Starbucks, Coffee Bean, Target, Walmart, Nike, Adidas, you get our point.⠀
Instead of just investing in ONE company like Nike (stocks) you can invest in ONE mutual fund that holds MANY different companies!! Basically, you’re not putting all your eggs in one basket but in many baskets so if you lost an egg, you’ll still have many more eggs. 🤗⠀
That’s why being diversified is so important and that’s where the mutual fund will come in 👍🏾⠀
We use @vanguardgroup and they have low cost index funds as well. Very user friendly and easy to use. They make investing easy as 1,2,3. Remember to invest at your own risk and research what you’re investing in 👍🏾
Follow @_honeydough_ for more money tips to help make your money stick! 🍯 Like, tag, and share with your friends 💕⠀
❗NEW CHALLENGE ALERT❗❗ FREEBIE ALERT❗ ⠀⠀⠀⠀⠀⠀⠀⠀⠀
👇Keep reading! 👇⠀⠀⠀⠀⠀⠀⠀⠀⠀
Can you believe we are just days away from the start of a new decade?! 2020 is a clean slate and can be the year you finally take on your finances with confidence and intention. It is going to be a year of growth, clarity, personal development. It's time to start your journey to financial clarity! 🙌⠀⠀⠀⠀⠀⠀⠀⠀⠀
SO WHAT'S THE CHALLENGE?⠀⠀⠀⠀⠀⠀⠀⠀⠀
✅ What: For the first 15 days of 2020 track EVERY dollar you spend. Bills, entertainment, groceries, etc. we are going to track every dollar (cash, debit, and credit). ⠀⠀⠀⠀⠀⠀⠀⠀⠀
✅ Why: Tracking your spending can help you identify serious spending issues and areas for optimization. You can also see if your spending matched your priorities and values.⠀⠀⠀⠀⠀⠀⠀⠀⠀
✅ When: January 1st - January 15th⠀⠀⠀⠀⠀⠀⠀⠀⠀
✅Who: Anyone who's looking to gain control of their finances and needs a little group motivation to get it going.⠀⠀⠀⠀⠀⠀⠀⠀⠀
& YOU SAID FREEBIE? 😱⠀⠀⠀⠀⠀⠀⠀⠀⠀
YES, this challenge comes with a freebie! Subscribe to the Post Twenty email list to get a free downloadable 2020 Itemized Expense Tracker to use all year! I personally use this tracker and it helps me stay on track month-to-month. Link in the bio 💕⠀⠀⠀⠀⠀⠀⠀⠀⠀
👉 Share this with a friend to join the challenge with you & together we are going to dominate your financial goals in 2020 💪😁
CONSISTENCY between your brand messaging and brand identity is important when establishing a brand.
This gives your customers exposure to the same core messages, visual branding, and other brand elements.
This plays into brand recognition in the future...
This ALSO plays into customer experience and values...
They need to be consistent throughout your brand identity or else you’ll confuse your customers.
And we all know...
CONFUSED CUSTOMERS DON’T BUY.
I’m excited to report we’ve funded our 2020 vacation sinking fund.
We save, then enjoy 4 vacations per year. The interest we accrue on this account is funneled to our holiday account, thus we leverage money making money. In addition, we leverage points and rewards sites to help replenish the vacation fund for the following year. Do you have a vacation sinking fund? I’d love to hear how you fill it.
I am in the beginning stages of my #debtfreejourney but, I feel like I could be doing more. I took a look at my budget and I realized three areas I could fix to save some money. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
1. I love the convenience of going through a drive thru to get my kids dinner during the week. However, I realized getting all five of us food ended up costing upwards of $20. I realized I could have purchased groceries could of provided two or more meals for the same price. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
2. I live in South Florida, where gas could be $0.50 cheaper in some areas. So I have started using @gasbuddy and Gas Guru app to start looking for the least expensive gas in my area. Fifty cents may not seem like much but it adds up over time. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
3. I always say this looks interesting let me try it out. No harm right? However, I tend to forget to cancel the trial if I don’t plan to keep it the app. Thus, spending unnecessary money. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
What are some small things killing your budget? Comment 👇🏾
2 812 hours ago
👰🏼🤵🏻 We’re getting married!
After being together for years and being engaged for more than one, our wedding day is finally almost here! We are so excited about it and have been talking about how to best manage our money logistically once married. How did YOU choose to handle finances when getting married? Combine everything? Keep separate accounts but open a new joint account? Keep everything separate? We’re really interested to hear about your actual experience with this and if your chosen money management strategy has gone well.
Feel yourself asking that question more often than not? That's why I created the "Where Did My Money Go?" worksheet to help you track what you're spending your money on and just how much bandwidth it's taking up. ⠀
One of my favorite (and most hated) features of my online tracker was the ability to narrow down where my money went down to the very category and vendor. Now you can see exactly where your money is going and make tweaks if you see fit. ⠀
Get access to it and every other worksheet in my 2020 Budget Binder asset kit for free while you still can! Link in bio!
1 412 hours ago
Discipline yourself to give up movies, unhealthy food, and late nights at the club.
Follow us & join our movement 🚀 @create.in.silence •
📷: Respective owner
12 6012 hours ago
“Where do you find the most dead people?”
I heard this question being asked in a radio interview and thought wtf? The cemetery obviously! Well, that wasn’t the answer she was looking for. Instead, she said that you will find more dead people walking the streets than in a graveyard. It made sense.
As children we’re taught to dream big. To never tell ourselves we can’t do something. Nothing is off limits. Our creativity is nurtured and the world is ours. Then, we grow into adults and allow the world to suck the life out of us. We’re told to be “realistic”, play it safe, and survive instead of thrive.
So, we stay stuck in soul-sucking jobs doing work we hate and rack up debt expecting happiness in return. Our lives become stagnant, and like a festering wound, our life rots. We die before we ever get to the graveyard.
LIVE WHILE YOU’RE LIVING. I decided to do things I was told was not possible. I’m doing everything scared shitless...but I’m “doing.” Ask yourself what you really want to do, free of outside opinions, and find a way to do it!
Yesterday Derrick and Justin Faulcon opened their doors to @homemaid_ ( #baltimore location) for me, the mini and our girl Meesh (@capital_credit_meesh)!!😩💜💜
Homemaid is a restaurant and supper club and to be honest yall. I feel like my words couldn't do the venue, the food OR their systems in place justice. So please excuse me Derrick and Justin. 🙈
When you walk in you feel a total vibe. Like you are at your favorite grandma's house where you can see love, history and get some real down home cooking. .
But its NOT just a restaurant or a supper club. It's a dream of a black man to reach back and help those in his community. They have systems set up to make their restaurant, vegan donut shop and multiple food trucks run like a well oiled machine and now they want to help & empower others through ACTIONABLE tools to have their own restaurants. (More about that later...🤯🤯)
I'll be having my FIRST EVER Millionairess Mama meetup at their restaurant in January, where my #DMV mamas at??🙋🏽♀️🙋🏽♀️🙋🏽♀️
Check out more about @homemaid_ in my IG stories from yesterday and give them a follow!
. @homemaid_ @homemaid_
Being a part of the cannabis 🌱 industry has most certainly given me a sense of purpose as I am helping improve people’s quality of life.
It’s also helping me gain financial security 💵 as an additional stream of income , and I can’t tell you how much the CBD oil has improved my sleep. 👉 So, I can help with you with 3 out of 5 on this list, but you have to reach out as I’m not a mind reader.
And as far as the wine 🍷 and the bras, you’re on your own!
I know, I know, you're busy and barely have time for yourself.
But the thing is you have to make the time.
If you want to experience forward progression then it's very important that you take the time to invest in you.
Always be a student of life because neither one of us knows everything.
The more you invest in yourself the more progress you will experience in your life.
While you're thinking about your 2020 goals or new year's resolution think of ways you can invest in yourself.
Below are some ways I am investing in me. ✅ Reading books/ listening to audiobooks ✅ Taking courses/workshop ✅ Listening to podcast / reading blogs ✅ Attend networking events ✅ Prioritizing self-care ✅ Eating healthier meals and working out ✅ Creating another stream of income ✅ Using my budget to help create wealth
How do you plan to invest in yourself?
Speak it into existence! Entrepreneurship isn't for everyone. If it is not for you change "entrepreneur" to "person". Either way it goes EVERY person has a choice to live life how they please. Don't allow bad credit to stop you from living how you want to.
Click the link in the bio for a free credit consultation!
This week on the Your Greatest Worth Podcast @embraceyourselfwhole and I dive into how we're being intentional with our holiday Visions this year and creating a holiday that will leave us proud and fulfilled and NOT full of regret come January. If you're looking for ways to avoid holiday regrets, you've come to the right place!
Nicole gives you her process for how she has created a debt-free and fulfilling holiday for the past 9 years.
She and Katie share their holiday Visions and then give tangible, tactical advice on how to take action on that new Vision of a no-regret holiday season!
🌹 Financial Management is like gardening. You have to put in a ton of work before you begin seeing any progress.
There's the gathering of supplies, the organization of where things can be place for maximum growth, and a schedule for how often to check or tweak for best results.
Same concept with financial management.
. ⛏Supplies are your financial transactions. They tell you what you've made or spent, the products you've sold, the vendors you've used, where, etc.
🗂Organization is the process of putting your supplies in the correct category to not only provides cash clarity, but also help you to maximize your tax deductions and tax credits.
📋Your strategy is your plan for when and how you'll keep up with what you've done. When you'll record new transactions, how often you'll compare budget to actual, what circumstances require a change altogether, etc.
And with consistency and determination, you'll reap what you've sown, just like gardening.
Need a little "pick me up" to get started? Click the link in my bio to download the FREE 40-day Financial Workout 😊
Millionaire Mind Hacks - link in bio ✔
Follow @luxeshore 👈
Follow @luxeshore 👈
📸 All rights belong to the owner, DM for credit
2 13515 hours ago
This journey is a really hard one especially when you’re so #gazelleintense but hang in there because you not only reap the rewards of financial and debt freedom but you will also develop immense discipline that is applicable in all areas of your life. You’ve got this 💪🏽 you’re stronger than you think 👏🏾
🎉🎉Congrats @debtfree_kristan 🎉🎉 It's finally here! If you were wanting the Live Rich Planner after it sold out, now is the time to possibly get it!
One lucky winner will receive the following:
ONE YELLOW BBP WORKBOOK
LIVE RICH PLANNER
ONE SET OF CASH ENVELOPES
TELLER SLIP STICKY NOTES
1. Like this post.
2. Follow @thebudgetmom
3. Tag 3 friends that would love to win.
Make sure you tag each friend in a separate comment for more chances to enter. Three tag limit.
Giveaway ends on Monday, December 2nd at 8:00pm (Pacific Time). I will be announcing the winner on Tuesday the 3rd.
Feel free to share this giveaway in your stories. I would truly love and appreciate it.
This promotion is no way sponsored, endorsed or administered by, or associated with Instagram.
Who is ready to start saving in 2020? My brand new "Savings Challenges in 2020" course is now live! I don't know who's more excited to complete these challenges, me or you😂😂 All I know it's going to be a whole lot of fun.
I also released the YouTube video going over the new course this morning.
The monthly savings challenges were something I came up with last year as a way for me to share with you the things I did to save money, even when I felt like I didn't make enough to save.
I want you to realize the same savings potential I found in myself. A way to incorporate savings into your life in a fun way, without drastically changing your existing budget.
It's about finding the dollars you didn't know you had in the income you have right now, without having to go out and get a second job.
I wanted anyone, on any income level, on any pay schedule, using any budgeting method to succeed with these savings challenges.
With 24 unique savings challenges, 2 every month, a lot of them not shared anywhere else on the world, step-by-step instructions, worksheets, printables, and monthly cash savings envelopes - this savings course will help you take small action to bring lasting habits into the future.
You have lifetime access and all of the course materials are undated so you can complete them time and time again in any month, in any year.
Right now you can get the entire course and all of resources for half off! Just $10.
Make sure to checkout my Instagram stories and rewatch the live event I did this morning for more information.
Today I sat down and really thought about what I wanted to accomplish in 2020. Not just personally, but for my business as well.
I couldn't fit all of my goals on one board, but I was able to highlight some very important ones.
I still want to save $20,000 in 2020 for my dream house project. This will be for unplanned and unexpected costs during the building process.
We are just looking for the perfect land now, but I hope to start the actually building process in Spring.
I want to add consistent workouts back into my schedule. I don't care if it's running or crossfit, I want to show up and be active at least 3 days a week.
I want to build and expand the TBM team. Ryen and I have already started this process and what this will look like in 2020, and we will share more details about this in the future.
I want to take my son to Disneyland in February or March. That means I need to save and have that trip planned before then. It's a major goal I want to accomplish.
I want to make saving for my son's future more of a priority. I would love for his college saving account to have $10,000 saved by the end of 2020.
2020 will be the year I start and implement my plan for retiring early. I will walk you through every step of this plan, what retiring early looks like to me, and the steps I will be taking.
All of my goals, all of them, are incredibly important to my overall plan. My light at the end of the tunnel. I sometimes ask myself, "Will there ever be a time I stop working towards something? A time in my life where I feel so content and fulfilled I can finally stop fighting for something?" I don't know the answer for that. But I do know I will never stop having goals.
In my life I learned there is no room for self-doubt. I got this, and I know you can accomplish your goals in 2020 too!
This is a story of two people living paycheck-to-paycheck and how their decisions, or lack thereof, affected their lives. I WAS James a few years back until I changed my financial habits for good. Growth is a blessing! 🙌🏾
I hope this post shows you that:
1️⃣ Income does NOT equal wealth. James makes much more money than Samira, but spends it recklessly. Unless James switches gears, Samira’s gonna be in a better position in the long term because of her mindset and habits. I used to be like James. Thank goodness for growth!
2️⃣ Small actions repeated habitually make a huge difference. If you can’t save $150 a month, then do what you can. The point is to DO SOMETHING.
3️⃣ Building wealth, saving and crushing debt come from simple activities, although they might be easier said than done:
⬆️Increase your income, keep spending the same and use the difference for your goal OR
⬇️Reduce your spending, keep your income the same and use the difference for your goal OR
↕️ Increase your income AND reduce your spending to have a bigger difference with which to achieve your goals
4️⃣ Money’s not just about numbers. You’ve got to improve your mindset, whether that’s through affirmations, listening to #debtfreestories on podcasts to increase your faith and get tips, or reviewing money scripts you were taught as a kid (“You’ll die with debt.” or “Investing is only for rich people.”)
5️⃣ Action is the difference between NOWHERE and NOW HERE.
I hope this helps you get there. 😉
💡 I’m gonna see “Paid In Full” on all debts in 2020. If you wanna join my accountability group for your money goals, then click the link in my bio to be the first to know when it’ll open. 👉🏾@wisewomanwallet
68 2,23826 November, 2019
Goodbye eyelashes ✌ Today I took off my eyelash extensions.
For the past 2 years I have been filling my eyelash extensions every two weeks.
Over the holidays I made a decision to try something different.
Before I go any further, this is in no way an ad or sponsorship with any brand. Im not getting paid to mention any names. It's simply something I'm trying in my real life.
During Thanksgiving break, I decided I wanted to try Lash Boost by Rodan & Fields. Now, don't get me wrong, I absolutely loved my extensions, but I wanted to try having just my real eyelashes and focus on being proud of them. To love them just as much as my fake ones.
I bought my Lash Boost for $155, and I have read the bottle can last up to three months. My eyelash extension fills cost $50 every two weeks with tip. Essentially, I'm saving almost half by trying something new.
I am also showing what my real eyelashes look like after wearing extensions for two years. I took very good care of my real lashes, even when I had extensions. They are still healthy, but I'm excited to make them even healthier.
I will admit, looking in the mirror after having them removed was a shock, and I will be sharing that with you tomorrow morning.
So, I'm cutting my beauty envelope budget in half starting next month, for a brand new year.