Five Money Lessons from Joejuan Williams

joejuan williams
There are five lessons to be learned from Joejuan Williams’ money mastery. He lives off 10% of his multimillion-dollar income, and I’m not sure I’ve ever been more proud of a stranger. Learn good habits early Joejuan Williams credits a finance course he took in high school that helped him form his good practices as a millionaire. He learned about 401(k) plans, certificates of deposits,...
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3 Reasons You Should Start an Investment Club

investment club
If you and your friends have thought about pooling your resources to create an investment club, then you should go for it. I’ve considered the idea but have, regretfully, failed to execute. Maybe it’s because I didn’t fully understand all of the benefits. Here are three reasons you should start your investment club. Share the Wealth and the Risk To begin with, you have access to...
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Will Commission-Free Trades Change Investing?

commission free
Charles Schwab, TD Ameritrade, and now Etrade have all demolished trade fees for purchasing and selling stocks. Now that they are commission-free, will this change how consumers invest? Should Robinhood be concerned? Matter of Time? Robinhood was the first investment firm I heard of that had no transaction fees. I quickly signed up in 2015 and told everyone I knew that it was the way to go if you...
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Turn What You Do Into Passive Income

passive income
Contrary to its name, passive income begins with action. Passive income does not require regular work to produce. You must invest money, time, effort, or a combination of the three to set yourself up to make money while you sleep. Here are some ways to make passive income from what you already do. Licensing If you are a musician, photographer, painter, designer, etc., you can sell the use of your...
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Fact Check Finance: Wait to Invest Until You Pay Off Your Debt

invest after you pay debt
Dave Ramsey recommends that you wait to invest until after all of your consumer debt is paid off except for your mortgage. I understand the logic, but I don’t think it is a one-size-fits-all solution. Wait to Invest? Dave Ramsey has a financial freedom program that includes baby steps. Investing 15% of your income for retirement is baby step number four, after a small emergency fund, paying...
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