Saturday, April 04, 2020

Stimulus Checks

  This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

   "FOUND MONEY", money you are not used to receiving and not counted for in your budget.

     Examples include, birthday present money, Christmas money or any gift money, overtime money, work bonus money, money you lent and never expected to see again, IRS refunds, yard sale money, side hustle money, and the list goes on.

     Found Money and wealth building, Since this money is not accounted for in your budget (even if you do not have a written budget, you know what it takes to pay your bills), it should be easy to save and invest 1/2 of it. Remember this is money you did not see coming so how could you account for it.

     Stimulus Checks are "found money" if your income has not changed do to "current events in the news". IF that is the case, I urge you to save your stimulus check and not buy that new ______ (fill in the blank).

     "But I deserve that new ______", what you deserve is a more "secure future" and building wealth with "found money" is a "no brainer". There is absolutely no excuse if your life has not been impacted in a negative way.

     The real truth of the matter is that your desposable money should be increasing because you are not making as many trips out to shop and eating out. 

     I will get off my soap-box now and say, "Please try to stay safe and lets ALL get through this".

Disclaimer, I am not a professional.
your comments are welcome and appreciated or

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