4 Reasons Your Budget Isn’t Working

Budgeting can be an easy task. What is not easy is finding the time, committing to the discipline, and exercising consistency. While some find budgeting easy, others find it very frustrating and are left discouraged. Sometimes to the point where they give up altogether. This does not have to be you. You can achieve yourContinue reading “4 Reasons Your Budget Isn’t Working”

Saturday Thoughts: Don’t Succumb To Imposter Syndrome

My Experience Imposter syndrome refers to an internal experience of believing that you are not as competent as others perceive you to be (VeryWellMind). My first experience with this condition was at my first job out of school, which happened to be at one of the top insurance companies in the world. The company onboardingContinue reading “Saturday Thoughts: Don’t Succumb To Imposter Syndrome”

Things To Know Before Getting Your First Credit Card

The American economy is fueled by credit and those who have mastered managing their credit are better off than those who do not. One of the simplest forms of credit for the average person to manage is credit cards. This type of credit is relatively easy to get even if the user has a historyContinue reading “Things To Know Before Getting Your First Credit Card”

6 Common Investment Mistakes To Avoid

Now more than any other time in history, there is a plethora of mediums that allow retail investors easy and free access to the market. Because investing is now so easy, many overestimate their ability to be good investors. This results in beginner investors making mistakes and losing money in many cases that could haveContinue reading “6 Common Investment Mistakes To Avoid”

Are Credit Cards Bad?

As our society becomes more digitized, it is no surprise that most people do not carry a lot of cash on their person anymore. Now most shopping transactions are done using plastic cards with credit cards being the most used point of sale method. According to the Federal Reserve, 79% of Americans have at leastContinue reading “Are Credit Cards Bad?”

What You Need To Know About Taxes

If you’ve every filed your taxes in the U.S. then you know how complicated the U.S. tax system is. With this in mind it’s no surprise that many people find doing their taxes frustrating and most not understanding how their taxes are even calculated. These days, there are many softwares such as EZTax and TurboTaxContinue reading “What You Need To Know About Taxes”

3 Trips You Can Take With Your Tax Refund

Spring is here and it’s time to enjoy the warm weather. With most states having lifted the COVID-19 restrictions, traveling is now much easier but still remains relatively affordable. If you’ve been like me and spent much of the past two years isolated, you are well overdue for a vacation. Another piece of good newsContinue reading “3 Trips You Can Take With Your Tax Refund”

Things To Consider Before Taking On Debt

In a world with subzero interest rates, it is easier and cheaper than ever to take on excessive debt. With the U.S. consumer debt standing at ~ $15 trillion in 2021, the current data shows that this number will continue to trend upwards. As one of the most in debt age groups, millennials must beContinue reading “Things To Consider Before Taking On Debt”

Effective Ways To Prevent Lifestyle Creep

Lifestyle creep happens when increased income leads to increased discretionary spending. It is one of the primary reasons some people are unable to build the wealth they desire. When our income increases, we feel we should reward ourselves for our effort. Unfortunately, that reward is usually spending excess money on things that do not getContinue reading “Effective Ways To Prevent Lifestyle Creep”

Money Lessons I Learned From Growing Up Poor

I was born and raised in a small city on the island of Jamaica. With a population of ~ 2.7M and approximately 4,244 sq miles in size, my experience growing up there was not profoundly different from others born around the same time. With an inflation rate of over 70% and an unemployment rate ofContinue reading “Money Lessons I Learned From Growing Up Poor”