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Whether you’re a novice or a seasoned financial expert, your budget will help you get on the right track and ensure that...
13/01/2023

Whether you’re a novice or a seasoned financial expert, your budget will help you get on the right track and ensure that you’re making smart financial decisions.

Your budget is an essential tool for financial planning and helping you achieve your goals. It acts as a guide to keep you on track. It can help you determine where your money is going, identify areas of overspending, and assess your financial situation.

Creating a budget can seem like a daunting task, but it doesn’t have to be. Take a few minutes to think about your financial goals and your spending habits. This will help you put together a realistic budget that you can stick to.

The first step in preparing your budget is to identify your income sources. This could include wages, investments, rent, Social Security benefits, or anything else that adds money to your bank account. Once you’ve identified your income sources, you can start to create your budget.

Investing your money is a great way to secure your financial future, but it can be intimidating to try and get started i...
11/01/2023

Investing your money is a great way to secure your financial future, but it can be intimidating to try and get started if you don’t know any of the terminology involved.

That’s why it’s important to learn some investing terms before you dive into the stock market.

Let’s start by looking at the most basic investing term: stocks. A stock is a type of security that gives the owner of it a piece of ownership in a company.

When the company does well, the stock prices go up, and when it does well, they decrease.

Stocks are typically bought and sold on stock exchanges like the New York Stock Exchange.

Other terms you should learn include bonds, which are debt investments in which a person loans money to a company, government, or other entity.

Bonds usually come with a fixed rate of interest and are usually purchased on a debt exchange like the Chicago Board of Trade.

Mutual funds are another type of investment that are typically managed by professional money managers.

They are collections of different stocks and bonds that come together in one fund.

Investors then purchase shares in the fund, which gives them ownership of the different investments inside it.

There are also ETFs, or exchange-traded funds.

These are similar to mutual funds but are traded on exchanges like stocks.

They have the advantage of being more liquid than mutual funds and can be traded throughout the day like stocks.

Finally, there’s the concept of “buying on margin” which means borrowing money from a broker to purchase stocks.

This can be incredibly risky but might be something to consider if you have experience investing and have the funds available to pay back the loan if something goes wrong.

Overall, learning investing terms is an important first step for those who want to invest their money in the stock market.

If you take the time to understand each of these individual concepts, you will be better prepared to make smart investment decisions and hopefully grow your wealth.

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23/07/2022

Where should the build their new arena?

Words of wisdom: "If somehow I don'tachieve the goal, I know I will be MUCH better off than if I had never taken a chanc...
01/07/2022

Words of wisdom: "If somehow I don't
achieve the goal, I know I will be MUCH better off than if I had never taken a chance in the first place."

If you feel stuck or unsure of your next step, think about this.
What is the alternative to not trying?!

And btw, this goes BEYOND just budgeting, investing and paying off debt.

Business ideas, creative projects, traveling, going after someone you like, etc.
if you never act, you'll never know sh*t.

New things can be scary. But what's the alternative?
Being stuck? Regret? No thanks. 😪

If you want more awesome personal finance content, follow me .audio! Let's get it!

07/06/2022



"No more" Outside Festivals - Episode 258 | Talk That Lingo

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Hunnit K life!

05/06/2022



"No more" Outside Festivals - Episode 257 | Talk That Lingo

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24/05/2022



Lingo Updates Episode 255 | Talk That Lingo

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20/05/2022



Lingo Updates Episode 253 | Talk That Lingo

Kendrick Album Review - Episode 254 | Talk That Lingo

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18/05/2022



Lingo Updates Episode 253 | Talk That Lingo

We appreciate y'all for tapping in to The Talk That Lingo Podcast.

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09/05/2022



4 Reasons Nikola Jokić was not the MVP - Joel Embiid Episode 252 | Talk That Lingo

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03/05/2022

Full 10 Tips Video



Which one do hit home for you?

•Like and Comment down below

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Fyi- My tips are for people who are scared to grow, scared to take risks and have been living in fear all their lives. If any of these are you, or remind you of anyone. You need to DM me!

02/05/2022



10 Habits You Must Quit to be Happy - Episode 251 | Talk That Lingo

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18/04/2022



8 Least Favorite Lakers - Episode 249 | Talk That Lingo

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12/04/2022

Get your music on TikTok, the right way!

12/04/2022



8 Least Favorite Lakers - Episode 249 | Talk That Lingo

We appreciate y'all for tapping in to The Talk That Lingo Podcast.

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Hunnit K life!

05/04/2022



9 Ways Social Media Can Find the Love of Your Life - Episode 248 | Talk That Lingo

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31/03/2022



How Chris Rocks Changed How We Think About retaliation - Episode 247 | Talk That Lingo

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28/03/2022



Keep My Wife's name out yo MF Mouth - Episode 247 | Talk That Lingo

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