Personal Finance Social Media and Updates
Personal Finance Social Media and Updates
25-year-old We started working together just under 1 year ago. Makes $300K as a W-2 and another $80K/year in 1099 income (about $60K profit). He was maxing his company 401K but wasn't sure what else he could do so here is a fun list of what we've done and why:
'You will soon be able to log into your brokerage acct and click one button (to instantly move your $ from a MF share class to an ETF class with no tax implications). Today it's a manual process that is...
These 7 habits saved my family over $100k... And none of them require you to make an extra dollar. Save this before you forget it... Share it with someone who needs it... And follow me for more @budgetdog 🤝🏻
✨New Fit Rich Life Podcast✨ We talk about: - Endurance in fitness and financial independence - Justin’s bucket strategy to enjoy the FI journey - Building a life-first business & more 🎧 Episode 103 available everywhere.
My kids' portfolio for 2026: 30% Staples — boring ETFs. Don't think. Just automate. 40% Mature Growth — $NVDA $TSM $META $AMZN $GOOG $NFLX $MS $GS 30% High Growth — $PLTR $APP $HIMS $CRDO $SHOP $UBER No high risk tier for kids. Three tiers...
Here is how much you will need to invest every month to get $1,000,000 by 60. Assuming an 8.5% annual return. Age: 20: $270 25: $414 30: $643 35: $1,015 40: $1,650 45: $2,819 50: $5,350 The clock is ticking.
Most young Nigerians do not know that the Federal Government of Nigeria is literally offering them a safe investment starting from just ₦5,000. FGN Savings Bonds are one of the most underutilized investments in Nigeria. The offer opens every month. The minimum is...
You work all year… ~30% goes to taxes. That’s ~110 days. 3–4 months working for the government. Real estate investors use: • Depreciation • Write-offs • Leverage To legally reduce that. Same income. Different strategy.
My friend @biancoresearch used to call it the bank walk from checking accounts to money market funds. From firsthand experience, paying all my bills via a tokenized money market fund, the bank walk is destined to continue IMO even if most...
"Patience captures the value that spreadsheets underestimate." Spreadsheets don’t reward patience—but markets do. Most investors overestimate short-term signals and underestimate long-term compounding. The real edge isn’t in more data, it’s in discipline.
We are now falling into extreme fear territory. Gold crashing. MAG7 falling. War. What do you think are the best ways to take advantage of this?
In stock market investing, chasing excitement often destroys returns. Charlie Munger reminds us that smart investors focus on what truly adds value, compounding, patience, and clarity, rather than unnecessary risks or short-term wins. Excitement is expensive in the stock market.
If you knowingly spend 42% on housing you’re worse with money. Should be an automatic pass.
What's that number for you? 👇🏾 Whatever it is, the right account makes it easier to get there. My favorite High Yield Savings + Checking account combo just bumped their welcome bonus to $400 for new members. That's $400 closer on...
This dad spent $1,750 on Pokemon cards for his kid's 9th birthday. That's 10 shares of $NTDOY — the company that makes Pokemon. $1,750 invested at 10% growth for 9 years = $4,100. The cards will be in a shoebox by Christmas. Parents, wake...
Most young people are building only one asset: their salary. 1 job, 1 stream, 1 point of failure. The moment that job is threatened, everything is threatened. That is not security. That is a single rope holding everything you own. Wealth is not one thing...
Treasury Bills will not make you rich overnight. But they will grow your money safely, consistently and with zero drama; which is exactly what every young Nigerian investor needs as a foundation. Start lending to the government, and get paid.
Did you know that unused pension allowance carries forward for three tax years? This means that in this tax year a person (depending on their specific circumstances) could put up to £220k in a pension
Life becomes 1000X easier when you have: - No car loan - No school loans - No credit card debt - 6 months of expenses saved - Automated monthly investments
Are you trying to grow your $5M to $10M? Or are you trying to make sure it still exists when your grandchildren are adults? Those are two completely different strategies. And most families never have the conversation about which one they're...
Travel costs are based on supply and demand, and if you are willing to avoid busy seasons, you can save significant amounts of money. https://t.co/g0l2iAc2jo
One small admin change that genuinely improved my finances: Moving every bill to the 1st of the month. Paid on the last working day -> it all clears on the 1st. No more tracking 7 different due dates, and peace of mind. Call...
You don't need an inheritance. You don't need a finance degree. You don't need a financial advisor. If you want to get rich, just follow 14 simple rules:
A budget won’t fix an income problem. But you need a budget to tell you exactly how much more you should be making.
Nobody handed Carla a ‘credit manual.’ She just did what most people do: paid the bill and hoped that was enough. Once she learned how limits, history, and inquiries actually work her score shot up. If credit has always felt confusing, you’re...
reminder that "higher yield" investments often come with hidden strings attached when times get rough. https://t.co/vsz74vsEzC
Most young people skip the emergency fund and jump straight into investing. Then one unexpected expense; a hospital bill, a job loss, a car breakdown; wipes out everything they built. An emergency fund is the foundation that protects every other investment you...
To succeed at investing, you need to have a well-throughout, ideally back-tested, game-plan that you execute, rather than make decisions spontaneously. To build a well-tested game-plan, start by looking at all the big events that have happened before, because, if it...
If the United States was a household making $150K a year, here is what its finances would look like...
If you're Singaporean and you hold more than US$60,000 in US stocks, ETFs, or US-listed funds, your family could face a 40% estate tax bill when you die. On $500K in US holdings, that's roughly US$176,000. Most people in Singapore holding...
If you financially f*****cked up & now in your 30s or 40s you want to turn it around, crush your debt, learn to invest, and get your money right — I hope you find my page. Because it’s NOT too late...
Let me be real: buying a “home” just to live in it doesn’t make sense to me. If I’m signing up for 30 years of payments, that house better be working for me. So instead of buying a single-family home,...
[Deleted a somewhat mean-spirited reply regarding, let's call it, asset allocation for a newly rich inheritor that was getting way too much traction for comfort.]
Social Security is a key part of many retirees’ financial plans. If that’s you, make sure you’re not overlooking a potential danger: scams. https://t.co/tfaNsH0Nih
If you invest $10,000 today, how much of that actually gets invested after all charges? If the answer isn't close to $10,000, you should understand why. One client found out she'd been paying a 2% upfront sales charge every time she...
I am at a stage in life where my main objective is to pass along to others the principles I have learned over the last 60 years that have helped me and that I think can help others. I believe...
🆕 Adviser links: helping clients set goals, the impact of tax planning in retirement, and four components of senior adviser satisfaction. https://t.co/fA8eqSMu5q image: https://t.co/uYN309n8aN https://t.co/xDdI8PtgNe
“If a #smallbiz spends 30% to 50% of sales on purchases, and 1/2 those purchases can earn you points, and, on average, you earn 2% value on those points, you'll increase your businesses profitability by one percentage point.” ¬Credit Card...
"401(k) is a scam because you can't retire early" People who say this don’t know about Rule of 55, Section 72(t) SoSEPP, or Roth Conversions. There are ways to access 401k before 59½. You also likely will live past 59 anyways.. Use tax...
Howard Marks: “Investment success doesn’t come from ‘buying good things,’ but rather from ‘buying things well.’” Takeaway: Entry price drives outcome.
Tracking your spending every day can help you stay on top of your finances and build long-term wealth, but it can also make budgeting feel overwhelming. https://t.co/LW4a63hF3X
This meme never gets old. You never know the exact bottom — and it’s not worth having the hubris to think you do. I’ll keep scaling in at what I see as cheap, historically oversold levels. No need to follow my approach —...
Stop letting your savings sit there slowly losing value while you figure out the perfect move. Saving is the first step. But money sitting in a regular bank account is not resting, it is shrinking. Inflation is eating it daily &...
If you’ve had a good run over the past 3 years there’s nothing wrong with being in wealth preservation mode now. Nothing goes up in a straight line, least of all your portfolio. Be okay with some sideways consolidation, no...
💪 How Do You Compare Financially? 🤑 1 in 4 millennials still gets financial help from there parents and most people don’t pay off their student loans until they’re in their 40s. If you own a home before 38 or...
If you could only pick two ETFs to build wealth… these are hard to ignore. VOO gives you the entire S&P 500 — 500+ companies, low fees, and steady long-term growth. QQQM focuses on the Nasdaq-100 — more tech, more growth potential,...
Credit wasn’t meant to be your lifeline, but this is the reality for a lot of us right now....
15 Year Millionaire (how to cut your taxes by 48%) 1. Assume you make $100k/ yr 2. Invest $4,400 in an HSA 3. Invest $7,500 in a Roth IRA 4. Invest $24,500 in a 401k 5. Take the $16,100 single filer deduction 6. Enjoy your new 22%...
There’s a BIG difference between people who are cashing out their 401K to survive versus the people who are cashing out because they are panicking and don’t want to see their portfolios decline. The people in the second group need...
Once you give up a high paycheck, how you operate with your cash changes dramatically - how much you keep on hand - how much you keep accessible in the short term - how long you lock up investments
