2/5/19

when you buy a stock youre  buying a piece a single of one company mutual funds has built in diversification which means you own a little bit of everything and owning multiple is really helpful in wealth building which is a necessity

Comments

Post a Comment

Popular posts from this blog

Debt 2.2(drive free method)

Explain how the "drive free" method of buying a car works? So instead of buying a new car you pay yourself 475 car payment for 10 months and you'll have enough to buy a used car and that just keeps multiplying until your rich and you never have a car payment again. Write an "I believe" statement regarding car loans? I believe that car loan are a bad idea and it's going to be really hard to avoid a car loan but if I budget and have discipline then I should be fine
Read more

4-12-19

Describe a recent goal you set for yourself. What did you do to make reaching a goal a success? One recent goal I have set for myself was to save at least $350. I just kept saving anything I got it was so hard trying not to spend anything though, but I succeeded in doing it and that's all the matters
Read more

Mad Money Budget- 3/27/19

In the talk show Dave Ramsey is trying to convey that having to much mad money is a sign of poor budgeting and that you should go back to the drawing board. Too much mad money or free money if you will will cause you to spend to much in random places and you'll be wasting it. It is okay to have $50 in "mad money" but anymore than that means you need to be more specific with your money categories\sections of your budget.
Read more