Due to COVID-19, in March, the United States government authorized a $2.2 trillion congressional coronavirus relief plan for the nation. About $250 billion was set aside for direct payments to individuals and families. This week instead of paying taxes, millions of Americans will receive a stimulus payment. Thankfully, I am one of those lucky individuals. Keep reading to learn how I spent mine. Continue reading How I Spent My Stimulus Payment?
UPDATE: Robinhood now offers dividend reinvestment. This feature was added after this post was published.
Last year, I focused on lowering debt and saving more money. This year I plan to save even more, but my primary focus will be on investing for the future. After all, who doesn’t like their money to work for them? After reading and researching on the internet, I stumbled across Robinhood. I have always wanted to own individual stocks, and now I do, thanks to them!
Continue reading Product Review: Investing with Robinhood
Filing taxes can be a stressful time of the year. Continue reading How do you plan to spend your tax refund?
That is the word that has and will continue to ruin many lives. The recession taught all of us money lessons. One of those lessons is to make sure you have multiple revenue sources. You should never allow a stranger to have 100% control over your life. Think about it. Your boss and/or clients can put an end to you paying your mortgage/rent, car payments, and buying groceries. That is too much power for someone you barely know to lord over you.
Save, invest, consult, start a business, or get a second job. Find innovative ways to protect yourself from having your car repossessed, evictions, and foreclosures. Preparation now will save you from heartache later.
Tip: The tax season is upon us. Instead of blowing that tax refund on something you don’t necessarily need try stowing it away for a rainy day.
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