Introducing Alonzo Herndon, Arthur George Gaston, and Travers J. Bell—three icons united in the pursuit of financial resilience! Their journeys inspire us to conquer challenges and reach for success. 💼💪🏾 #FinancialJourneys#InspiringIcons 🚀
RP: @moneycoachvince on IG
Top 4 Money Management Mistakes To Avoid 😳❌
1. Keeping All Your Money In Checking/One Account 🏦
2. Tracking Monthly Bills & Expenses In Your Head 💸
3. Prioritizing Debt Payoff Before Securing Your Foundation 📉
4. Saving More Than You Need To💰
How To Build Up Your FINANCIAL CONFIDENCE In 3 Steps 💰
1. Don’t set big extreme goals, create small consistent habits ♻️
2. Organize, structure & secure your financial foundation 🏦
3. Seek self/inward validation & peace, not outward ☮️
TOP 4 WAYS TO ATTRACT MORE MONEY, OPPORTUNITIES & FREEDOM💰
1. Re-Program Your Mindset To Think Abundantly 🧠
2. Perfect The Basics Of Budgeting & Money Management ♻️
3. Be Strategic & Move Intentionally 💎
4. Pray For Wisdom, Guidance, Peace & Discernment 🙏🏾
RULE #2: NEVER SAVE ALL YOUR MONEY AT THE BANK 🏦
Instead ⬇️
- Open Separate Accounts For Bills, Rainy Day Funds & Emergency Funds 💸
- Diversify With HYSA, CD’s, T-Bills, I-Bonds, Investment Accounts📈
- Always Use An FDIC/SIPC Insured Bank/Brokerage 🔐
THE MEDIAN U.S. INCOME IN AMERICA IS $54,132 PER YEAR. HERE’S HOW YOU COULD MANAGE IT:
- 75% or $3,383/Month should cover your bills, necessities, everyday expenses, etc
- 10% or $451/Month should cover wants, luxury, trips, etc
- 15% or $677/Month should be saved/invested
Financial Freedom Is Not About A Dollar Amount, It’s About This ⬇️⬇️⬇️
1. Not having to work a job you don’t want or like 💼
2. Can pay for things without checking the bank every time 👀
3. Having options/the option to do things based on your values & not only money 💎
Your Financial Foundation In 6 Steps 💰
1. Checking - Monthly Expenses💸
2. Savings - $2,000💵
3. HYSA - $10,000+🏦
4. Term Life Insurance - 10x Income☂️
5. Roth IRA - $540/Month in ETFs📈
6. Money Management System 💳
I really make a full time income creating content and posting videos. Ask me years ago, I woulda said you’re crazy! What a time to be alive. Thank you God 🙏🏾
Reasons You Won’t Achieve Financial Freedom 💰🌴
1. You Don’t Prioritize Money Management ♻️
2. You Think More Money Will Solve All Your Problems 💸
3. You Don’t Invest In Yourself, Businesses or Assets 📈
4. You Care Too Much About What Ppl Think Or Say 🗣️