Finance

Gifts That Keeps On Giving

It’s safe to say that Christmas is going to look a whole lot different this year. With COVID-19 affecting all aspects of our lives, from limiting how many family members we can see to impacting how much we can afford to spend, it’s a given that we’ll all have to adapt to a ‘new normal’ this Christmas.

A reader reached out to me last week in regards of Christmas spending. One thing we have to keep in mind this is not normal timing. Covid-19 took the whole year away from us. With countless of life lost and many still in the hospital. We are all searching for something different this  Christmas. Love and kindness is very important right now. We can be together while social distancing, call as often as possible voice and video. And a little encouragement goes a long way now these days.

Giving is a wonderful thing, putting smile on other people faces is the reason why the earth keep rotating. In time like this it’s hard not to give out a little in your savings/investments. Infact people who started this journey with me should be rejoicing right now as they can safely buy much of what’s in their shopping list with Dividends.

While thier stocks grows in value touching the dividends to bring joy to thier love ones won’t change the outcome of the upcoming ones. All one need to do is figure out how much exactly you are going to spend try not to go overboard nor rely on credit cards. It’s really good to cheer others but first and foremost don’t put a burden on yourself.

The best gift to give is a gift that keeps on giving. A gift with value, for instance help with tuition fees. Help with debt or create account for the little ones both saving and investments. For anyone looking to make someone happy remember not to touch the capital because once you do that you change the whole game.

If you dicide to open investments account for kids or grandkids, it’s a wise move because if you invest that money in an index fund I always go with the S&P 500 which can easily bring back a return of 10% annually if not more. Now let’s say you open that account with $5000 that’s $500 annually. Plus compounds interest, it’s safe to say an investment like that will bring great rewards in about 10 to 25 years.

Money doesn’t grow on trees but parents and grandparents can set a great foundation for their kids and grandkids. Remember the earlier you do this the more they can rip from it, of course that little ride on car sure looks good but for how long they going to use it? 

One other beneficial gift is college funding accounts, they are great it’s like paying for school before they get expensive. I call them boomerang because regardless if the kid go in state or out of state the money will apply. And if the kids decide not to go to college you’ll get your money back.

Don’t go overboard on your savings this year trying to get the perfect gift. There’s no reason why the festive season can’t still be joyful! Spend responsibly!

Finance

Money and Us

What defines us as a person? Most of us will have different answer to that question because we all come from different background of ducation level, surrounding, and way of life.

2020 has been one hell of year. 2020 is the year people find out what they are made of and what they can over come. 2020 has been a year of self discovery, trying new things and finding new hobbies. As the world continues its battle to contain the  spread of the coronavirus pandemic, we have find it very hard to remember a time before COVID-19 and social distancing wasn’t top of mind.

The lives of many people around the globe has come to a complete screeching halt earlier this year, with the virus forcing most to stay at home, order necessities online and avoid physical interaction to help further prevent its spread.
We are all searching for a little bit of sunshine or a rainbow at the end of this. Right now happiness, joy, laughter and the peace of mind is all we are searching for these days.

There are time of sorrow and moment of darkness that we have no power over. But to get through those situations we need something to aim for. It could be a hobby an academic achievement or something else. We ofen find ourselves searching for this things all in the wrong places.

According to the Web in Google search Happiness is a state, not a trait; in other words, it isn’t a long-lasting, permanent feature or personality trait, but a more fleeting, changeable state. Therefore, it is safe to say money doesn’t buy happiness, while we often spend our lifetime chasing it, even taking chances sometimes that involves high risk even death.

For it we spend more time with coworkers than our love ones. We trade 40 hours a week if not more, in return to tax taken off, social security and medicaid all while getting little back. In action the importance we give money have a lot of similarities with blood. It enable leisure, pleasure and it’s a way of life.

The real thing is money don’t buy happiness but it facilitate it. I’ve never seen someone crying on a speed boat or heading to Dubai in a private jet, while they might not be happy which one will you rather be, the one above or the one punching the clock?
Like the song says “we are not happy where we are. There is greener grass in the neighbors yard a bigger house and a faster car.” Human nature we were made for this and will spend our lifetime chansing it one way or another. Weather it’s through hard work or hardly working, we gotta make a living and regardless of our income we always want the best, specially what we can’t afford.

Finance

The Hardship

How to navigate through difficult financial situation?
A popular current text in the King James Version shows 1 Timothy 6:10 to be: For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

Money might be the root of all evil but it sure makes the world go round. For us every day people working 9 to 5 to make ends meet, money is the reason everything, every night you set up your alarm just to make it to work on time.

You do that so your can check your account bi-weekly on Fridays to make sure every cents is accounted for. People with money will have you feeling like money is not everything, when in fact they don’t understand how to go without. Hypocrite they are.

Most people are looking for a good paying job with stability. They are even opening small businesses. Average people are looking all over just to bring extra income. They are looking for ways to make a living while still having time for their families. We are all have expenses, while most of us go above our means but someway somehow we are making it.


The paycheck to paycheck lifestyle have nothing to do with how much you are making. It’s all about how you are spending you paycheck.

We all love nice things and we want to show everyone that we are doing well by buying expenses items we can barely afford. If you are bringing home about $3000 a month, which most average Americans does, for most of us 85 percent of that goes towards mortgage/rent and utilities. With 85 percent of your paycheck gone toward bills that doesn’t leave you much wiggle room for anything else untill that next paycheck. Thats that paycheck to paycheck lifestyle.


I’m sure we can come up with multiple different ways to change your lifestyle of living paycheck to paycheck. One way to get you out of this uncomfortable situation is to start by decreasing your expenses.

Start by eliminating anything that is not essential to your well-being or your families well-being. You might find yourselves stating that everything is essential. Just imagine how much you can save if you make your own lunches or even skipping a few Starbucks stops will make a big impact on your savings.

Baby steps. Do whatever you can, not all at once but gradually to decrease the amount that goes towards your entertainment and your personal lifestyle, you can do all that while making changes to your finances and saving money without even knowing it.


You work really hard to make Whatever you are making take good care of it and don’t let anyone else enjoy it more than you. Remember my motto

“is not to spend your working hours money in minutes”.


Be careful of conn artist. Be aware of people telling you to send money. The only places you should spend money to make money is SCHOOL.