Keep track of all your expenses—that means every coffee, household item and cash tip. Once you have your data, organize the numbers by categories, such as Transportation, Food, Entertainment, Utilities and other. Consider using your credit card or bank statements to help you with this. Apps like Wally & Mint can help you!
Now that you’ve made a budget, create a savings category within it. Try to save 10 percent of your income. If your expenses do not allow you to save, it might be time to cut back on some things. To do so, identify non essentials that you can live without, we call this "Choice expenses". These are typically expenses in your Entertainment category.
You don't have to be an Investment guru to invest your money. You can use Apps like Acorns to invest small, while growing your money over time. Apps like Robinhood is designed for beginners that want to invest in the stock market. Modern technology has made it easier to invest in the form that best suits you, use it!
Buying Real Estate is one of the safest investments you can make! If you are a First Time Home Buyer, look up FHA Loans as your option! These require less Down Payment and Credit Score requirements when compared to Conventional loans.
Finding the best stocks to buy and watch starts with knowing what a big market winner looks like before it takes off. Your goal is to find stocks that are displaying those same traits right now. Traits like explosive earnings and sales growth, a fast-growing and industry-leading product or service
Starting a business is now easier than ever! The resources are in abundance and the tools are available to get you started. Whether you are selling a product or providing a service, Social Media marketing or setting up an online store can all be done at a minimal cost! All you need is the idea and WiFi!