#manage your money

[fastlane-freedom]

Sudden Cash Influx: Manage It Effectively for Long-Term Gain

Money has always been a crucial aspect of our lives. We work hard to earn it, save it, and invest it, all in the hopes of securing our financial future. However, what happens when we suddenly come into a large sum of money? Whether it be through inheritance, lottery winnings, or a successful business venture, a sudden cash influx can present a unique challenge. The temptation to indulge in…

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#accumulation of money #coping with a sudden cash inflow #financial education #financial windfall planning #handling a large sum of money #instant gratification vs long-term gain #manage your money #managing sudden wealth #money management #money tips #sudden cash influx #sudden wealth syndrome #unexpected money management #wealth management #wealth management tips

[digitalguap]

Dan Sheeks Discusses Details From His Book - Retire Sooner Highlight

Dan Sheeks Discusses Details From His Book – Retire Sooner Highlight

I'm going to raise this book up and I Guess if you're listening you're not Seeing it but we're seeing it here Dan's Book is first to a million who who is The is this to a million and how many Kids in their teens are really thinking About this it's it's not a lot right Um and and so I'm trying to change that I think uh my main goal would be to say I I think every young person I think Everybody but…

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#clark howard #dan sheeks #early retirement #educating the younger generation #finances #financial education #financial literacy #financial planning #happy retirement #how to retire sooner #manage your money #managing your finanes #podcast #podcasts #retire #retire early #retire happy #retire sooner #retire sooner podcast #retired #retirement #the retire sooner podcast #wes moss #younger generation

[theorderofthetriad]

as much as the episode is fun, i do think calypso's birthday is the point at which the show irrevocably fucked up ed's character arc and by extension the rest of the show

#get the feeling the ofmd writers never had a shitty boss that tried to pretend they weren't a shitty boss by throwing parties #''i think you managed to turn the poison into positivity'' i think you just got your employees drunk with the money they earned for you #santagno

[thatsbelievable]

#How to Manage Your Money #tips #tricks #lifehacks #advice #helpful hints #money #financial advice #Broadway

[notfinancialadvice]

It's been awhile, but I have a new thought for folks starting out investing

This blog is called "not financial advice" so this is not financial advice. Nothing on this blog is.

And.

I am working on a large-scale D&D-style banking system for a private client (my job is weird). This is putting me in touch with a lot of people in very expensive suits and it I keep pinging them:

"Let's say someone has $100 to start investing, what should they do. Like, literally $100. With $0.00 added after."

I've cobbled together some thoughts (not advice don't sue me) and cut out the bullshit and sales pitches.

Start a high-yield savings account in an FDIC insured bank. As of this writing (April 27, 2023, United States-based), it'll be somewhere between 3.5 - 4.25% APY (annual percent yield -- i.e. interest)

Go with a bank that is FDIC insured. Banks pay for this, you do not. Here are smart people talking about what FDIC is.

The percentage difference listed above is 0.75%. Moving money is a bitch, is it worth chasing 0.75%? That depends on your situation, time, etc. Here are smart people who built a calculator to help you figure it out if it's worth it to you.

Touch it as little as possible.

Start a spreadsheet that tracks your finances.

In the cell that lists the amount of this balance, give it a name. Something fun, something that speaks to you. I did this as an experiment + to participate, mine is "Slime Research Adventurer Destruction Fund".

Write a prospectus (fancy word for "this is what the goal for this cash is to do").

Slime Research Adventurer Destruction Fund prospectus: Follow the path of high-yield savings rates at {bank}. Review quarterly if other banks have a substantially better rate (+1.5%).

The entire point is to break the idea of "them not me" and "today vs. someday" and "I cannot begin to build wealth vs. someone else can."

A $100 savings INVESTMENT IN A SAVINGS ACCOUNT with a rate of 3.5-4.25% will give you interest of $3.50-4.25 at the end of the first year, then continue on growing onwards.

That is your return.

Is it as high as investing in the market? No.

Is it safer? Holy fuck yes.

When you invest in stocks, bonds, etc. you are looking for a return. This is your return.

This is not a grindset mindset work 24/7 chunk of advice. This is not a reality-disillusionment "I am struggling I need to work harder."

You need to be knowledgable about how things can work for you so you can leverage what you have, where you are, when you have it, as you can.

A high-yield savings account is not going to make you rich.

It probably won't make a difference in an emergency.

It will absolutely make a difference in non-emergency times, over a period of time.

Slime Research Adventurer Destruction Fund Destroying Adventurers.

That last point is where I'm coming to.

If you don't have enough cash to invest and/or you're not comfortable investing, that's fine.

Give your savings account a name that speaks to you. This is your investment. Your savings account = your investment account.

There is no moral or ethical difference between "I have cash shoved into a savings account" and "I have cash shoved into the stock market."

The only difference is potential risk, growth, and fees (never pay for a savings account), liquidity ("how quickly can I convert this thing into cash to buy an apple at the grocery store, pay a bill, etc.").

Make money less scary via weird names and fun graphics.

Go to a piccrew site and make a catgirl with pink and blue hair.

Name your fund "Catgirlsnax Fundsies".

Make. Money. Management. Less. Scary. By. Taking. Control. Via your own. Desires. Goals. Weird quirks.

Here is to hoping these gifs are not from horrible shows I don't know anime I know money and business and monsters.

If they are then I apologize for it.

I've read the notes on my blog and a lot of you like anime. I'm hoping these resonate.

#money #money management #control your cash #protect your cash #protect your business

[deer-with-a-stick]

"Oh Jergal gave up his portfolios so his power level is like that of a demi-god lol"

I am a firm believer that if Jergal had the motivation to, he would absolutely fuck up the Dead Three, Kelemvor, and Cyric's shit all at once. Just yoink the power back. Dude just doesn't give a fuck. Sure, he hates Cyric and the Dead Three, but no matter what kind of bullshit they get up to, they a) can't kill him and b) really won't interfere with his paperwork. The whole non-interference thing is very Death God of him. The guy's Lord of the End of Everything, but killing everything at much was too much work and actively holding the power was too boring for him lmao

#dnd #dungeons and dragons #jergal #bhaal #myrkul #bane #the dead three #kelemvor #cyric #technically he's also the god of destiny and fate #he writes your name down and boom #literally nothing in the world can bring you back to life #imagine pissing off the god who is literally the embodiment of neutrality #evidently that's easy when you're a little bitch like the dead three or cyric #me back on my bullshit except this time its me yelling about forgotten realms gods #dear old kel has the higher rank but jergal is absolutely more terrifying #his whole thing is that he literally does not care #although its hilarious that the dead three managed to piss him off so much that he showed up and started actively helping the bg3 character #he doesn't even need money

[unpretty]

idk man. from 2008 to 2019 i was self-employed. i dropped out of high school in 2006 and then dropped out of college in 2010 and moved to a swamp to watch my great-grandma die because that was the only thing i could afford to do. then i went back to college and lived off student loans for a while. if i managed to scrape together $500 in a single month, that was a very good month. i applied for a gamestop credit card i shouldn't have qualified for and used it to buy taco bell gift cards for when i couldn't afford groceries, then paid a stupid amount of interest on the cost of my taco bell gift cards because i couldn't afford to pay off the balance.

during that period i bought over 2000 ebooks and 600 steam games. i like to believe that i'll read or play them someday. i probably won't, with most of them. but it was nice to have the option. i paid $10 a year for a domain name that did nothing but show a single image when you went there because i thought that was funny. i bought every sims expansion. i bought a ps4 and pretended i was in debt for a ps4 instead of taco bell gift cards and the sims. i barely ever played anything on the ps4, but it was nice to have the option.

when i got a part-time retail job in 2019 ($12 an hour! 20 hours a week!) i felt RICH. i was getting $200-$300 a week! that's so much fucking money! i was spending most of it on gas, and food that i could eat in a store break room without dying. but it was still so much money!! i paid off all my credit cards and then immediately ran them back up. i bought matching couches for me and my cat at tj maxx. i bought a ferris wheel for mini cupcakes. i bought cute dresses and shoes that i never had a chance to wear because the only time i went anywhere was to work, in my work uniform. i was 29 and that was the most money i had ever had in my life. now i'm 32 with a full-time office job and most of my money goes toward debt but the rest of it ends up being spent on dumb shit. every month i look at my budget and try to figure out where it all went wrong and every month the conclusion is, "spent too much money on dumb shit". you would think that i would try to stop doing that, and yet.

it's like. i was poor and now i'm lurking somewhere near the low end of middle class, and in both cases buying dumb shit was simultaneously proof that i would be rich if i could just stop buying dumb shit, and that i couldn't possibly understand true poverty if i was capable of buying dumb shit. i do not know how to explain to people that i will always waste more time and money than anyone ever should on dumb shit that i think is funny. there is nothing i want more than to spend my last dollar on a laugh and my last minute laughing, and no one's insistence that they would use them better will change this.

#original #my worst habit from poverty is the superstition that #money needs to be spent immediately #because saving money invites money-costing trouble #if i have zero dollars and my car breaks down i will somehow some way pull enough money out of thin air to make it work #but if i manage to save up $500 then my car will immediately break down in a way that costs $600 to fix #poverty also brings the understanding that the charitable will pay for dinner but not dessert #metaphorically speaking #there are programs to get help paying for food and rent and utility bills #there are not programs to pay for video games #but the programs to help pay for necessities will demand to look at your bank account as proof you have no money #and will not accept 'that is my birthday money for a video game' as an explanation #so you get this bad habit of just #spending any money you happen to get free and clear #if the Helping Poor People Program sees you have $200 saved up they will demand you spend that first #if you spend the $200 on video games and comic books you will not have this problem #all of my worst habits as a Bad Poor came from restrictions put on assistance lmao

[thefrogdalorian]

I found out yesterday that I finally got approved for some money that I'm entitled to because of how much of an autistic mess I am!! It's great news and I'm so relieved even if the process was Not The Most Fun.

Anyway, I think for being a big brave girl and filling in forms and speaking to strangers about how hard it is to be me I deserve a little treat right??? And by little treat, I do mean the UCS Lego Razor Crest... 👀

#this money is meant to go towards managing your disability and improving your life and personally i think having a massive razor crest #made of lego would spark joy every time i looked at it #right ?? riGHT???? #anyway FVCK this awful evil atrocious government i cannot wait for them to be destroyed this year #i wish disabled people were treated with A Little more compassion but anyway #ucs razor crest???? #ucs razor crest!!!!!! #LFG #it's what i deserve #a little oversharing on the internet as a treat

[polycrews]

ddcds. for u (hopefully ur day will b a bit better!)

had to take a second to respond to this because dear GOD this made me lose coherent thoughts. ahem

#asks #ddcd #i. i want to start up a good feral tag ramble but the only thing i can think of is to break down wailing /pos #my friend. beloved acquaintance of mine. you canNOT keep doing this one day you will fuckinf kill me of heart attack on the spot #i keep stepping away from this every couple minutes i haven’t felt this much emotions in eons. please have the courtesy to picture- #-my tone as that of soft awe. i am barely forming comprehensible sentences out here dear god #i’d also like to mention that i am in love with how you draw carapace. it all flows very smoothly and feels correct in an indescribable- #fuck the tumblr tag limit #-sort of manner. #your expressions are immaculate and manage to perfectly encapsulate these two #just. everything in general makes me even more fascinated with. well. [gestures abstractly] #please be ever so kind as to excuse me while i yell into a pillow for half an hour. i will be delivering you all of my money- #-as compensation for this on the morrow. thank you #fave

[papa-evershed]

RJC ♦ Act On this

#robert james-collier #rob james-collier #robert james collier #rob james collier #act on this #mine #these have been in my drafts for literally 500 years as I tried to make the most hq gifs of that crap video as i could #they actually look pretty good if you save em to your phone #anyway ugh #i'd pay more money than i care to admit for a new interview #how does this man have two shows come out at once and manage to stay hidden under his rock #mad respect for that skill set because i too prefer to stay under rocks

[crimeronan]

thinkin about camila. as i often do. it's been like over a year now so i think the fandom has cooled off enough for me to say this but. one of the Strangest discourses i've ever seen in any fandom Ever was. when ppl were passionately arguing about camila's finances circa thanks to them. it was Such a non-issue that it wrapped back around to me going ".....hm. might have some hurt feelings about this"

like. ok. she's a single-income earner with a daughter paying a mortgage on a house in a connecticut suburb, possibly with medical debt left over from manny's treatment, who is suddenly feeding and housing and clothing five extra teenagers. all of whom have Literally No Clothes Or Resources Whatsoever When They Arrive, who possibly have special dietary restrictions, and for whom she is not receiving Any government aid or fostering stipends because every single one of them is undocumented.

and yet. people were like. EARNESTLY going back-and-forth with LONG ESSAYS of Vicious discourse. asserting that the Only reason to think camila might struggle with money is........ because she's dominican.

and also. that her Literal Illustrated In Canon financial anxiety is just her.... being financially savvy. and showing that she's good at saving money. and that she's too smart and good at managing money to be poor.

like people broke down various vet salaries and connecticut mortgages on BOTH SIDES. to try to pretend this was a convo we even needed to be having.

and the whole time i was like.

i..... i honest to god can't tell, uh. if this is all coming from teens who completely misunderstand the material realities of the american economy (which would be reasonable, it's a show for teens)..... or.....

if you guys like. Actually Hate Poor People As Much As It Sounds Like You Do.

#the statement 'examine your headcanons/meta/etc to make sure youre not making racist assumptions or stereotyping' is GREAT #but like. I DID EXAMINE MY HEADCANONS... MY GUYS.... IT DIDNT EVEN TAKE LONG... #and then the like. the doubling-down on 'camila's too smart and good at money management to be poor' #LOUD WINCE. YEOWCH. that one actually hurt a little. like. okay! #i am gently taking your hand. if you're this concerned about stereotyping let's learn about classist stereotypes today too. #it was. SO STUPIDDDD it was so stupid. IT WAS SO STUPID oh my GOD #toh #camila noceda #unrebloggable because i actually am not sure if this is swinging at a hornet's nest or not. i don't THINK so but.

[clueless1995]

self care has been so twisted into serving capitalism and the patriarchy it makes me sick actually

#like the reason everyone started talking about self care was because people were getting burnt out by their jobs and lives in general #and like. specifically women who are usually expected to be selfless in their lives #self care was a way to reframe ‘being selfish’ i.e. taking time for yourself to relax #which was NEEDED BECAUSE CAPITALISM HAS INGRAINED INTO PEOPLE THAT THEY SHOULD FEEL GUILTY IF THEY ARENT CONSTANTLY PRODUCING LABOUR #and now ads are like. buy this leg waxing kit for SELF CARE you DESERVE it. buy this $90 foundation to hide your disgusting skin for SELF CA #RE #did you know it’s SELF CARE to meditate. but only about how you can be more productive and efficient #i see that one a lot on productivity reddit which i joined several years ago trying to manage my undiagnosed adhd and now i stay because i #find the expectations people have for themselves to be Wild #anyway if someone is telling you you need to buy something or spend money to exercise self care they do not care about your wellbeing they #care about getting your money #also if you’re a girl/woman and someone is trying to tell you that something is self care consider if they would suggest the same thing to #boys/men. like if they’re trying to tell you that cosmetics or hair removal or plastic surgery is self care they are lying to you #self care should be free and accessible and gender neutral and if it isn’t then think about who is actually benefiting

[bladehorror]

Although I gotta say, it's so funny how the format of using items to trade in events has caused the site to have 34 different currencies by now:

Treasure and Gems

11 elemental holiday currencies

16 NotN items

Prismatic token

3 Warrior's Way trade items

Dubloons

imagine you go to Spirit Halloween and you have to buy everything in arcade tickets. Imagine there's 15 different seasonal franchises that do that, but they each have their own tickets and won't accept anything else. what kind of purgatory

#flight rising #fr #i know by including NotN items I'm really stretching de definition of the word #since the food items can be converted and used as normal food #but uh. it's hard to manage your hoard and not accidentally melt your money if you can't remember what is money and what isn't

[txttletale]

what's up with alexis kennedy (wrt the 'he is many things, many of them bad')?

he dated two of his employees while he was the CEO of failbetter games which is by all accounts pretty fucked up

#ask #apollo-cackling #he has a long write up where he defends himself and says that these relationships were fully consensual yada yada yada #and also presents a not-unconvincing case that the current management of failbetter took advantage of this information surfacing #to screw him out of ownership / money they owed him #however ultimately even IF all that is true #even accepting the Ofifical Alexis Kennedy Exonerative Account Of Events #i still think that dating your employees is simply unconscionable

[durchdenspiegel]

24.08.2023

After the horrifying realization that time has passed far too quickly, I‘m scrambling to finish my bachelor’s and sign up for the graduate program… more or less successfully. My conversation with my supervisor went well enough and I am actually looking forward to working on my thesis. I also need a language certificate, however, which is stressing me out immensely… Guess I‘ll just have to hope for the best

#studyblr #study aesthetic #student aesthetic #studyinspo #study notes #university #art history #thesis thoughts #mine #i‘m terrible at time management #or management in general 🥲 #i suppose thats the difficulty about university: you have to manage by yourself #and if you don’t notice the language requirements until it’s almost too late well that’s your problem #and also your money….. :|

[trans-cuchulainn]

i just booked to view two flats (to buy) (i'm probably not going to buy them) (i would only be co-buying them even if i did bc i can't afford a mortgage) (they're in a good location though it would be way nearer to useful things even if there's still no bus) and they asked me no questions beyond contact details when i called them about a viewing. is that normal. shouldn't they have tried to check i'm serious. i had all my answers prepared re: the finances and they didn't care

#essentially my parents had a flat but they hate being a landlord so they've sold it (subject to contract) #and in terms of what to do with the money etc at their age it makes more sense to co-buy somewhere manageable and accessible with me #and then in future if they get old and decrepit and i want to move north (and particularly if there's only one of them tho i hate that idea #they can live in the smaller accessible house/flat instead of their larger and less manageable house #so i wouldn't be tied to it but also in the meantime only have to contribute like 30k ('only') which is <3 years' rent #since my current house is 950/mo and smaller than the flats we're looking at #the rental market here is so awful and my accessibility needs are increasing so buying somewhere is beginning to look like my only option #bc i can't make changes to my rented house to make it wheelchair accessible (it has a FUCKING SPIRAL STAIRCASE) #so we're looking at ground-floor flats without carpet and i could get a ramp for the front doorstep and stuff #essentially future-proofing for my disabilities is also future-proofing for my parents getting old #the only thing i don't like about these flats is that they don't have a garden #they've got communal gardens which is something. but still nowhere private to hang your pants to dry