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One-Stop-Finance-Spot

155 members β€’ $7/m

8 contributions to One-Stop-Finance-Spot
WEEK 2 Tomorrow
I’m going over a budget and how to manage your finances. We’ll also talk about your relationship with money too because just like mine used to, I’m sure it sucks πŸ˜‘ See you at 7PM MST ( 8pm in Chicago, 9pm in New York, 6pm in Cali)
2 likes β€’ Dec '24
HA! How funny - I am reading Your are a Bad Ass and it states that people with money issues need to write a letter breaking up with money. I wrote my letter Friday. "breaking up with money" essentially means to detach from negative, limiting beliefs about money and instead embrace a healthy relationship with it, where you recognize its value while not letting it control your life or decisions; it's about letting go of fear and scarcity mindset around money and instead, believing in your ability to attract abundance." I do not want my attitude or mood be dependent on my relationship with having or not money! I'm so excited.
YOUTUBE LIVE
I don’t know if you guys saw the post or not but I have a group of people who are interested in starting a tik tok and or youtube channel that we all share, like, and comment on. These will be faceless channels that talk about either money, relationships, health/fitness, trending topics/shows or movies. I will be helping everyone put content together and we will post on a daily schedule! This will be for long term money and I’ll get on a live this week for everyone to hear the details. Are you interested? Comment below so I know who to expect!
0 likes β€’ Sep '24
Interested, please share more info
Update
Have you guys been able to check out any of the material yet? Trying to see if there’s anything else you guys need help with!
2 likes β€’ Sep '24
I have and I am finding it extremely helpful. Right now trying to piece the business name and purpose together then I will want to learn how to fund a business, still work full time, etc. I will let you know if I have any questions.
Passive Income
What is your guys idea of passive income? I feel like way too many people don’t have the concept correct EX. If you have to do work to make the money, it’s not passive. ATM Business? SEMI passive unless you outsource EVERYTHING. Meaning people find locations for you, people install your ATMs, and people fill your ATMs with cash. Trading? SEMI passive unless you have a robot that trades for you and you don’t have to do anything but deposit more money into your account. But if you have to wake up everyday and do analysis, press buttons, manage trades, that’s not 100% passive. Hiring a team of virtual assistants from the Philippines to run a YouTube channel that doesn’t show your face and you make money with views, ads, sponsorships, brand deals, etc. THATS passive income You had to do no work and your money works for you forever.
1 like β€’ Aug '24
Kind of like investments through 401k or IRAs. Rental property?
0 likes β€’ Sep '24
@Lily Ashford IRA is an individual retirement account. There are two types: Traditional IRA - account funded with money before taxes; when you withdraw taxes will be taken out. Roth IRA - account funded with money after taxes; when you withdraw no taxes will be taken out. There is a maximum amount each year based on your age, single, married, etc.
OPEN DISCUSSION NEEDED:
For the people on here that started their own business, how did you figure out what you wanted to do? Yes, I can go with what I like to do, but there is so much I like to do, as long as I am helping people, but I need to be realistic with competition, etc. HELP
1 like β€’ Aug '24
Larry, I love it. Thanks for the feedback. Good for you and good luck!
1-8 of 8
Shannon Lund
2
8points to level up
@shannon-lund-8588
50 year old woman, learning how to invest so I can still retire at 70.

Active 271d ago
Joined Aug 7, 2024
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