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Showing posts with the label moneymanagement

The Impact of Inflation on Your Finances: Coffee, Currency, and Strategic Investments!

Noticed your morning coffee costing more? Dive into this quick shot of financial wisdom as we break down inflation's sneaky effect on your hard-earned money! Discover the secret to keeping your finances robust, even when inflation tries to nibble away at them. For those craving to make every dollar count, this is your must-watch guide to inflation-proof investing. Don’t just watch your money—make it work for you. Subscribe for more insights and stay financially sizzling with Value of Stock!... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Inflation's Bite on Your Bucks: Coffee, Cash, and Cunning Investments! Inflation, the steady increase in the prices of goods and services over time, can take a significant toll on your hard-earned money. While it may seem like a small percentage increase each year, o

Is the Poverty Mindset a Result of Social Programming?

As we uncover the layers of the 'Poverty Mindset' through the real-life stories of people like Brittney and Brian, we're going to explore how the way we think about money and success can truly shape our lives. This isn't just about dollars and cents; it's about our beliefs, our fears, and our hopes. We'll tackle the tough topics, challenge common beliefs about wealth, and offer insights on how a shift in mindset can open doors to new opportunities. So, if you've ever felt stuck or wondered why some people seem to get ahead while others don't, this is a must-watch. Join us on this journey and discover how the right mindset might be the key to a brighter financial future. 📈 Webull ► ⚡💰Buy & Sell Stocks, Pay $0 in Commissions! ✔️Get up to 12 FREE Fractional Shares Valued Up to $30,600 🔐 Ledger Wallets ► Protect Your Crypto & Get Off Exchanges!! ⚡💰 Nano S Plus, Nano X, and Stax: From $79!! ✔️ Completely Own & Control

Understanding the Concept of a SMART Retirement Plan

The SMART retirement plan is an approved, personalised pension plan where contributions accumulate until retirement. Prepare for all that life has to offer after retirement with a plan that provides adequate investment planning. Visit or email us at ncbia@jncb.com for more information. ..... #SMARTRetirement #RetirementPlan #investmentplanning... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What is a SMART Retirement Plan? Planning for retirement has become increasingly important in today's fast-paced and uncertain world. A well-executed retirement plan is crucial to ensure financial security and a comfortable life after leaving the workforce. One approach to creating an effective retirement plan is by applying the SMART principle, which stands for Specific, Measurable, Achievable, Realistic, an

Fired Up: My Journey to Retiring Early with $380K Saved by Age 29

Super-saver Tanner Firl, 29, has saved close to $380,000 for retirement. He is part of the FIRE — financial independence, retire early — movement and has achieved his savings almost entirely through frugality. He estimates he is in the top 0.1% of most frugal people. Subscribe to CNBC Make It.:  About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It. Online Get the latest updates:  Find CNBC Make It. on Facebook:  Find CNBC Make It. on Twitter:  Find CNBC Make It. on Instagram:  #CNBC #CNBCMakeIt How I Saved $380K By Age 29 To Retire Early | Fired Up... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA How I Saved $380K By Age 29 To Retire Early Retirement is a dream that many people aspire to achieve, but only a few m

How Much Money Should I Save? Tips from a Financial Expert

When it comes to saving for the future, the more you can set aside, the better off you'll be. But just how much should you aim to have in order to set yourself up for a comfortable retirement? » Subscribe to CNBC Make It.: According to David Bach, bestselling author of "The Automatic Millionaire" and "Smart Women Finish Rich," a simple formula can help you determine how much you should have in retirement savings at every age. The formula comes from retirement-plan provider Fidelity, Bach tells CNBC Make It, and is as simple as multiplying your starting salary by a factor of "X," depending on how old you are. Here's the breakdown of Fidelity's formula: Age 30: Have the equivalent of your starting salary saved Age 35: Have two times your salary saved Age 40: Have three times your salary saved Age 45: Have four times your salary saved Age 50: Have six times your salary saved Age 55: Have seven times your salary saved Age 60: Have

Treasury Seeks Innovative Risk-Identification Approach in Response to Signature, SVB Bank Failures

Financial institutions, including banks, often face new challenges when it comes to mitigating risk. And recently, the US Treasury Department's Office of the Comptroller of the Currency (OCC) has identified one new issue with banks and their ability to accurately identify and measure risk. Specifically, the OCC is concerned with the way in which banks handle the risk associated with signature-based transactions and loans, citing a lack of sufficient consumer protection due to weak or non-existent risk-identifying processes. This is an important topic as recent reports have highlighted financial losses stemming from certain banks in the US, including SVB Bank and Signature Bank. As such, the OCC is now looking at new ways to better identify and manage risks associated with signature-based loan transactions. The goal is to create a more comprehensive approach for identifying, understanding, and mitigating risks across multiple banking channels. In this video, we discuss

What Causes the Universal Feeling of Financial Strain in 2023?

Feeling the pinch in your wallet in 2023? We know the struggle is real. In this video, We'll dissect the impact of powerful economic forces including inflation and rising interest rates, providing you with a comprehensive understanding of why your money seems tighter than ever before. From the aftershocks of the global pandemic to the current financial landscape, we examine key economic events and their impact on your spending power. Decode the truth behind your shrinking spending power and the potential for a recession and arm yourself with knowledge to navigate the challenging financial landscape. 0:00 - Feeling Broke 1:03 - Inflation 4:16 - Higher Interest Rates 7:04 - End of Easy Money #economy #economy2023 #financialsqueeze #interestrates #inflation #inflationrate #fed #federalreserve #moneymanagement #investingtips #personalfinance #recession Disclosures The entirety of the content on this channel is for informational purposes only. Under no circumstances

Strategies to Safeguard Your Wealth during Times of High Inflation: Your Guide to Outpacing Inflation

In today's rapidly changing economic landscape, it's crucial to stay one step ahead when it comes to investing. As inflation rates soar, it's imperative to adopt effective wealth protection strategies and explore the best sectors to invest in. In this informative video, we delve deep into mastering inflation and reveal the top strategies and sectors that can safeguard your wealth. We begin by examining the impact of high inflation on your investment portfolio. High inflation erodes the purchasing power of your money, making it vital to identify strategies that can counter its effects. Our experts analyze a range of wealth-protection strategies that have historically proved effective during periods of high inflation. From diversification to hedging, we provide actionable insights to shield your investments from the eroding effects of inflation. But where should you direct your investments to maximize returns during periods of high inflation? Our video outlines the

Discover Your Personal Inflation Rate: A Guide to Finance with Sharan, Investing for Beginners, and Personal Finance

Inflation can be a menace which is why we take into consideration inflation of 6%-7% while making financial decisions. 📉 Unfortunately, your true inflation is different from the one government proposes. 🥲 We all experience inflation differently, the rate of inflation depends on the goods and services we consume. The government 💼makes assumptions based on the average Indian’s spending habits however, you may not fall within those assumptions. 👉🏻 For eg, the government assumes you spend only 2% of your monthly expenditure on recreational activities while you may be partying it up on the daily. This is why it’s important to calculate your actual inflation rate 💯 ➡️ To help you calculate your true inflation rate I have prepared a tool, which you can download from the link in my pinned comment. ⚠️Important note: Make sure to download the excel file and not open it through google sheets. Credits: Ajinkya Kulkarni . . . . . . . . #financewithsharan #inflation #invest

Steer Clear of Expensive Mistakes with Your IRA

Rick Kahler, CFP, resides in Rapid City, South Dakota and is a fee-only financial planner. He is the co-author of "The Financial Wisdom of Ebenezer Scrooge". Learn more at ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Avoid Costly IRA Mistakes An Individual retirement account (IRA) is a valuable tool in building a secure financial future. It offers tax advantages and the potential for significant growth over time. However, there are several IRA mistakes that individuals can make, leading to unnecessary costs and missed opportunities. To ensure you make the most of your IRA, it's important to be aware of these common mistakes and take steps to avoid them. Firstly, one of the costliest mistakes IRA holders make is failing to maximize their contributions. Contributions to traditional IRAs are tax-deductible, and contribut

The Phasing Out of a Well-Liked 401(k) Tax Break Explained | WSJ Your Money Briefing

Retirement savers who make “catch-up” contributions to their 401(k) account will lose an often-used tax deduction under new rules coming next year. WSJ’s Anne Tergesen joins host J.R. Whalen to discuss. 0:00 Catch-up contributions 1:05 Rule changes 1:36 Roth 401(k) vs. traditional 401(k) 3:02 Taxes on contributions 3:39 Financial planners’ advice 5:10 Estate planning Your Money Briefing WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes. For more episodes of WSJ's Your Money Briefing: #401k #Taxes #WSJ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA Why This Popular 401(k) Tax Break Is Going Away: A Closer Look by WSJ Your Money Briefing The 401(k) tax break has long been a favorite amo

Understanding the SECURE Act and Its Impact on Your Retirement Planning

Rick Kahler, CFP, resides in Rapid City, South Dakota and is a fee-only financial planner. He is the co-author of "The Financial Wisdom of Ebenezer Scrooge". Learn more at ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The SECURE Act Details and Your retirement planning retirement planning is a crucial aspect of one's financial journey. It ensures that individuals can enjoy their golden years without financial worries and live comfortably. To make this process more secure and beneficial for American workers, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed in 2019. This landmark legislation brings several changes that could impact your retirement planning . One of the most significant changes under the SECURE Act is the increase in the age for required minimum distributions (RMDs). Prev

Why You Should Consider Taking Social Security at 62: Insights from Your Retirement Authority

Conventional planning suggests you should not take your Social Security at 62...however, if you know the ins & outs and check the numbers, it may be beneficial. In this video I discuss 5 reasons you may want to take your Social Security at age 62. Watch my FREE Masterclass on Retirement Preparedness Watch now 👉 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ WANT MY BOOK FOR FREE? Click below to download the Social Security chapter of my book for FREE 📖 👉 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🔴 SUBSCRIBE for more FREE tips ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝 BECOME OUR CLIENT: It only takes 2 steps ➡️ 1. Watch our free (60min) Masterclass. 2. Once you watch the video you will be prompted to apply to become our client ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Topics Discussed: ● The importance of your spouse collecting ● Disability benefits ● Survivor benefits ● Utilizing different strategies ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Check out my most popular videos: Costly 401k: Rollover Mistakes ⏩ Social Security Increase 2023:

Debunking Common Estate Planning Myths

Ed Slott and David Stearns as guests. What’s the truth when it comes to estate planning? Want to find out? Watch the latest episode of The Income Generation Show! Visit The Retirement Income Store today for resources to help you take control of your retirement today! Did you miss the latest The Income Generation Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Want to watch FULL episodes of The Income Generation Show? Make sure to go to The Income Generation Show (Full Episodes) at: Check out the show at 10am EST Sunday or anytime on our Channel. David Scranton and his co-host Jeff Small interview guests about current situations, financial news and more, to see how they may impact your retirement. Tune in to The Income Generation Show and experience one of the most retirement friendly shows around! The Income Generation Show (Subscribe Now!) • The Income Generation Show: • The Re

The Advantages of Term Insurance Over Whole Life Insurance

Don’t waste money on whole life insurance. Get a term life policy today: Visit the Dave Ramsey store today for resources to help you take control of your money! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more! Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country! Ramsey Network (Subscribe Now!) • The Ramsey Show (Highlights): • The Ramsey Show (Full Episodes): • The Dr. John Delony Show: • The Rachel Cruze Show: • Anthony ONeal: • The Ken Coleman Show: • The Christy Wright S