Mon, 18 July 2022
Nobody saw that coming!
Inflation numbers just came out……what in the world happened?
Many of us thought we would see this number go down!
Gas prices have been declining, so why didn’t inflation go down?
9.1% - That is what the Consumer Price Index (CPI) is right now.
This is a 9.1% increase from June of last year.
Hourly wages for workers have fallen 1% during the month and are down 3.6% from a year ago.
If feels like we are losing money everywhere!
Resources: 5 Best Hedges in the Face of Inflation https://www.goodfinancialcents.com/best-hedges-against-inflation/ https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. |
Fri, 15 July 2022
If you want to watch a movie, you can login to Amazon Prime and click ‘Buy Now’. If you want to read a book, you can download one immediately on Audible.
Technology has allowed conveniences at record speeds.
Why wouldn’t we expect to build our credit score overnight?
Is it really possible? Can we raise our score by 100 points overnight?
This is a question that was posed by a reader, Robert.
Robert says he has made some bad choices in the past which has affected his credit. He is working towards paying off credit cards and other debt to improve his bad credit score but wants to know if there is anything else he can do to raise his score quickly.
04:29 Check your credit score regularly 05:53 Can this happen overnight 07:45 What affects your credit score 11:22 A great example of credit repair
Resources: https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. Follow me on Twitter and Instagram.
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Wed, 13 July 2022
When most people think about the wealthiest people in the world and the investments they own - real estate is usually on that list.
Real estate investing doesn’t always have to be with physical properties. There are different ways and different types of digital real estate investments.
I want to dive in and share the details of some of these ways for you.
01:48 Digital Real Estate 07:40 Niche Sites v Authority Sites 10:02 Buying and Selling Websites 14:43 Building an eCommerce Store 16:30 Digital Products
Resources: https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. Follow me on Twitter and Instagram.
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Fri, 8 July 2022
Inflation…Inflation…Inflation
It is still all over the news!
With good reason, in May we saw the consumer price index increase by 8.6% over the last year.
This is the highest increase since 1981.
How do you protect yourself from inflation?
I am going to share 4 expert strategies to help you protect yourself from inflation.
02:50 Stocks in companies providing basic supplies 04:15 Dividend stocks 08:13 Commodity Stocks 10:21 Government Bonds
Resources: 4 Expert Inflation Protection Strategies To Implement Now
https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. Follow me on Twitter and Instagram.
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Wed, 6 July 2022
Choices….choices…choices.
I like variety and the option to choose.
Sometimes we can have too many choices and end up with analysis paralysis.
There are many types of investments strategies you could choose. Today I am going to narrow that down to 4 - to help you avoid analysis paralysis.
So what are the basic investment strategies for beginners, that you can implement on your own, that we are talking about?
02:54 Value investing 05:07 Growth investing 09:11 Momentum investing 11:47 Dollar cost averaging
Resources:
https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. Follow me on Twitter and Instagram.
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Mon, 4 July 2022
Happy 4th of July!
Freedom we have as a Country! Freedom we have as individuals! Freedom of Choice! Freedom of Expression! Freedom to listen to this Podcast :)
Thank you for being a part of the Good Financial Cents community.
What else can I do to help? What types of content would you like to see?
Is there anything I can share that will help you reach your financial goals?
References: https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. Follow me on Twitter and Instagram.
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Fri, 1 July 2022
If one is good - three has to be better!
‘Can you have more than one Roth IRA account?’
This is not a question from a reader but rather a question that I get A LOT.
The short answer is YES.
I want to give you a bit more information on why you would want multiple accounts, how to set them up, how you could manage them, and much more.
02:17 Can you have multiple Roth IRAs? 03:20 Rules and Contribution Limits 06:34 How do you set up multiples accounts 09:25 Why use multiple brokerage companies
References Roth IRA Rules and Contribution Limits for 2023 https://www.goodfinancialcents.com/roth-ira-rules-contribution-limits/ https://www.goodfinancialcents.com/ask
Check out my YouTube channel here. |