The 1099 Life Personal Finances
DISCLAIMER: No part of this website should be taken as financial advice. This is just what I've learned on my journey to financial freedom. If you need more help, consider consulting a certified financial planner or a certified accountant or any other certified professionals - not some random dude on the internet.
Resources I trust for financial education (not sponsored or affiliated in any way with mentioned resource. I'm just a user of them and find them valuable):
Investopedia - www.investopedia.com
SoFi - www.sofi.com/learn (I also bank with SoFi for their high yield savings account)
America Saves - www.americasaves.org (I took the pledge here).
Investor.gov - www.investor.gov (United States SEC website for investing).
You can't have financial freedom without having money. That's just the way it works in the society we live in. At least, as far as I can see. But money doesn't have to be the root of all evil. Nor does it have to be something you love. You don't have to have feelings for it at all. It can be a tool - a paintbrush to the empty canvas where you paint your perfect life. It's not really the thing you focus on too much. You just focus on learning skills on how to handle it and make it work for you - like Bob Ross figured out how to paint those happy little trees with his paintbrushes.
So let's talk about money as a tool to help you build the life you want to live. Let's use my personal finances as an example of how I'm building my best life. It's hard to build a business without money. It's hard to do anything without money, honestly. So let's not pretend that money is nothing or that it's just for evil people. It's for everyone. And good people do good things with their money every single day. Because money is a tool, not some magical force filled with tainted evil energy.
Check out the posts below to hear my opinions and see my insights on building wealth from around negative $12000. That's right. I'm about $12000 in debt and still plan on being debt free and having $15,000 in savings in the bank by the end of the year.
One million dollars? Who wouldn't want a million dollars? Everyone wants a lot of money, right? Wrong. Please, allow me to explain.
In order to get wealthy, you have to build a strong money foundation. How do you do that? Well, there's probably a lot of ways to do it, depending on your personal situation. But let's talk about what I know - my financial situation and how I plan on handling it.
The best way to build wealth is to keep it simple. If you try to get too fancy with your budget or try to reach an unreachable goal, then building your wealth will likely fail.