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NEED FINANCIAL HELP?
How many people are living check to check in the US today? What is the average income for your state or country? Do you have a savings account or even know how much should be in your savings? Gabriel-Joseph wants to equip you with the tools and information needed to not only get ahead in life but to live a prosperous life for you and your entire family.
1 Save! Save! Save!
With prices going up every year and life situations happening everyday saving your money could be the smartest thing you could do. If you have a savings account your on to a very good start, If not lets get going. Credit Unions will be your best option, they usually have better rates then the more public national banks. NO MORE IMPULSE BUYING Keep a monthly budget and only buy whats in that budget. Also look into all Savings options IRA, Money Market, CD's also. You should keep 3 times the amount of your monthly expenses in your savings.
2 GOLD Rush!
For whatever might happen in the future, gold assures that money will always be at hand, to have, to give, to barter, to hide away, or to simply hold gold as a wealth insurance. Gold can be seen as universal currency with high value in any country. In the U.S. today we tend to see gold as an investment rather than as money. But in fact, gold is and has been for thousands of years, wealth itself. It is the essential inflation hedge, and is currently trading within 10% of a 19-year low price. Marketwise, time is currently on gold's side as its price in U.S. dollars is near a historic low. Gold is held as a store of value, even in the most remote and 'primitive' parts of the globe, and has been for hundreds of years. In a money crisis, gold holds its value (increasing in value in relation to paper money) and protects its owners from the ravaging of purchasing power suffered by those whose money is credit-based rather than gold-based.
3 Top Stocks to Buy for 2023 via Investor Place
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Alphabet Inc. (NASDAQ: GOOG)>
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Salesforce, Inc. (NYSE: CRM)
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Palo Alto Networks, Inc. (NASDAQ: PANW)
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The Boeing Company (NYSE: BA)
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Prologis, Inc. (NYSE: PLD)
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Johnson & Johnson (NYSE: JNJ)
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MercadoLibre, Inc. (NASDAQ: MELI)
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Costco Wholesale Corporation (NASDAQ: COST)
4 TO RENT OR NOT TO RENT
The choice between buying a home and renting one is among the biggest financial decisions that many adults make. Owning a home comes with a surprising variety of expenses that renters do not directly pay. When you rent, the landlord picks up the taxes, insurance, maintenance and sometimes utilities. If you buy, plan on replacing the water heater some years, the back fence other years, the roof occasionally. Hope that you don’t need to replace all of them the same year. If you are going to hire out all of the maintenance, you’ll probably pay more than your landlord does. The landlord is in the business of maintaining properties and is probably very efficient. However, if you can do some of it yourself, your cash outlays will be much less than the landlord’s. And you can do it yourself if you’re be willing to learn. Try Googling “leaky faucet” and you’ll find plenty of advice. Most people thinking about buying compare montly payments to rent, which is a good starting point. However, some of that monthly payment goes to principal. It's like saving. To put buying on a level playing field with renting, look at just the part of the monthly payment that will go to interest.
5 Pay Off Credit Card Debt
Credit card debt is the number one obstacle to getting ahead financially. Those little pieces of plastic are so easy to use, and it's so easy to forget that it's real money we're dealing with when we whip them out to pay for a purchase, large or small. Despite our good resolves to pay the balance off quickly, the reality is that we often don't, and end up paying far more for things than we would have paid if we had used cash.