SHOW SOME RESPECT: WHY DO PEOPLE COME FROM THE BOTTOM AND THROW MONEY AWAY

Woman Holding Shopping Bag

“Mind your money.”


started at the bottom

So many people who grow up in poor environments have these dreams of making it in life. A goal that is very broad and ambiguous when you hear the word making it. But there is another side to making it in life. And that side that how do we make money, do all that work to get it, then blow it to the wind. And it’s simple, we think the money will keep coming. We don’t think about tomorrow because tomorrow is not on the minds of people. We make so much money and over time forget about the days of being broke. And that’s when you make the vital mistake. Once you forget, you find yourself back in the place once again.

think first, spend last

There is a saying, “Hey, if you got it, flaunt it.” And that sounds good, but the life that you might be living could all fall apart because it’s not a sustainable existence. You have to think about tomorrow, but that’s hard when you don’t have to think about tomorrow. So many people ask how do you let your spending get out of control. But they have to always watch their finances Image result for broke athletes espnreally closely. They live on the edge of losing everything, so they don’t understand getting and then spending beyond what you have to spend. But guess what, the people spending were the people at one point in time who said they don’t understand why so many people with money go broke.

your mind must be cleaned

If you want to keep the money you earned you can no longer think poor. You have to always keep cleaning out the bad stuff that you once thought was a good idea before you started making money. Because your thoughts at a certain level might be rational to you and everyone around you at that current level, but they keep you in that same position. And you don’t realize your mind needs cleaning until you move to a different level. And then everyone below that point you see their mistakes. And that’s when you think to yourself, “Oh, ok, this is the problem.” Sad thing is, so many won’t understand or listen to you. And they will never leave their position. And if you don’t watch your spending you will be back in the position you worked so hard to leave.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

REDISTRIBUTION OF FINANCES: HOW TO PLACE YOUR MONEY IN AREAS THAT WILL GENERATE MORE INCOME

Person Using Ballpoint Pen

“Making it grow, shifting to other areas.”


making it, moving it

As I make my income, I have directed to other areas of interest that will aid in building myself a passive income. And for you, that might be the case to redistribute money yourself. Or it could be to pay off a bill that will give you more money to spend later on elsewhere. But being able to properly move your money into another area of interest could benefit you in the long run. Now, so many people when it comes to money say they don’t have the income to do this. On the other hand they spend a lot of money on clothes, a car they can’t afford, and vacations. Then you realize it’s not affordability, they don’t want to do it.

where to put it

Most people don’t know where to place their money they want to redistribute. And that is when you must sit down to think long and hard about how you will go about this in life. Because if you are not aware of what you are doing you will lose bigger than if you did nothing at all. So you have to put yourself in the know of something that sparks your interest. For example, you want to start making your own clothing business outside of your day job. Then what you must do is invest in a sewing machine first. This is an expensive purchase, but so is a $1,200 iPhone and a $500 – $1,000 tote bag. Just as much as you feel you need these items, build a “want-need” internally for your future.

how once you know 

For me at least, things are starting to look crystal clear for the future. It’s because I have sat down wrote out all the possible ways to make my future happen with what I have in my pocket. And when you do that, then other less costly opportunities start to take hold. Now, for those without an interest, they will tell you that it’s not possible. Yet, if they were able to tap into their minds the way I have, you will see that it is beyond possible. So, write down a list of ways to move your money around to make it work for you. Think of the most pessimistic and idealistic things that can come of your money. And the more you live, the more practical the decisions will arise. You will be less pessimistic, and more idealistic. But your idealism won’t interrupt your practical thinking so that you don’t become too irrational and thinking far-fetched.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

THE STARTER: WHEN IS THE RIGHT TIME TO BUY A HOUSE

House Lights Turned on

“Affordability is key.”


my first purchase

Buying your first home is such a daunting task. And the reason I say your first home, is because some people have been known to sell what they have invested in the house for an upgrade. But usually, people have a starter that is somewhere in the ballpark of about 2,000 square feet. It won’t cost that much, whether it’s a condo for $150,000 or a little more, or a ranch style home for Related imagejust over $200,000. That is because people buy their first homes when they don’t have an income that is high enough to buy the home they really want for themselves. But what about the age in which you should buy. Because age and income go hand in hand.

older more settled in

As you get older you most likely will notice you are able to make more income than in the past. That is because you have amassed enough knowledge to grow your income. Waiting until this point means you have made enough money to buy yourself an even bigger home. One that is more of your dream home than your starter home. Hopefully you can have this house between Image result for dream homethe ages of 35 years at the youngest and 45 years. Now buying a house for the first time this late in life is a waste of money you lost leasing. Yet on the other hand how many people own their dream house in America?

saving is key

How come we have such a hard time saving for the future? Reality is not that we can’t save money. We love indulging in the things that are around us. We want to vacation and go to restaurants, or buy significant others gifts. Problem with that is have you ever tried keep a rolling tally in your mind of the money you spend on clothes, car, accessories, and vacations over the years. Imagine the money you were going to spend on a lot of these things you kept. And over a 10 to 12 year period you bank it. You could put a down payment on one nice property.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

SHOP TIL YOU DROP: KNOW WHAT YOU CAN AFFORD THIS HOLIDAY SEASON

Two White and Red Star Gift Boxes

“Do buy yourself out of a home.”


the season of giving

As you all are out there shopping for gifts this Christmas, remember that you still have to live after the holiday. And that is something people don’t think about as they yank items off the shelfs. You have a family that you have to care for, so think before you just snatch and buy. We are all in the holiday spirit, then you realize something, “Oh yeah, I’m dipping into my living money.” Don’t get put in the street trying to keep up with the rest of shoppers. But these are generally people hard of hearing because they need to keep up.

know when to say when

How can you tell when you need to stop spending and just go home? I have a suggestion, how about stop soon as the money in your pocket is getting low. That’s right, we tend to shop with our debit and credit cards. Then we get our bill at the end of the money or check the bank balance and realize something. You have went over your budget and now you’re scrambling. This is what I mean by shop with what you have in your pocket. Or if you don’t want to carry cash, then get a debit card. But not a debit card you’ll be using connected to your bank account. Put money on this card, and when it’s gone, you know when to stop Christmas shopping.

they’re doing it, why can’t i

If you make $50,000 per year, you’re not shopping for gifts like the person who makes $250,000 per year. So you know what, know what you can afford. I know what I have to spend and what I don’t. But for some reason, people hate looking at their reality and excepting that reality. So they go deeper into debt because they want to be included. I don’t need to be included in the conversation. So for me, it’s easier to say no to buying over what I have in the bank.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

VALUABLE OFFSPRING: WHY YOUR CHILD/CHILDREN ARE YOUR BEST INVESTMENTS

Man Carrying Baby Drawing Their Foreheads

“Put your time and money into them, it pays off.”


your little ones

Having children is more than just wanting them to carry on the legacy of your name. You also have to put in a lot of time and effort to make sure that they are going to be set up for success when they enter the world. And that means investing not just your time and energy, but also money into them as well. Your money in the form of sending them to a good school, outfitting them in clothing that will not make them appear in any shape or form like they are not cared for in the home, and the food that is for the nourishment for their bodies. As far as the home, that goes without saying.

seeds of knowledge

As they grow, you can now start to communicate with them and pass off what you have learned about the world. Now, of course a lot will change pertaining to technology and innovation that does not apply to that present time of teaching. But the social aspect of humanity does apply for the world in which they will live. And that knowledge in dealing with people is what they will use to push themselves through life. They will use their experiences to invest in themselves along with what you have taught them to persevere.

the ROI

Mom, dad, I want to become a doctor. That is like music to the ears of so many parents. That their child is choosing a career that is literally recession proof. Because there will never come a time where we don’t need physicians. But also it is a career that parents know their time and money invested actually paid off in the end. Then again, when you hear your child say they want to become an actor/actress, then it can lead to other problems. Because if they don’t succeed, that would mean your money and time spent was to a large degree a waste as a parent.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

WHO SHOULD I LISTEN TO: TAKING ADVICE FROM THE RIGHT PERSON

Ballpoint Pen on Top of White Printer Paper Beside 100 U.s. Dollar Bill

“Who shall I listen to?”


advice-advice-advice

When earning a living, we have all these questions regarding what to do with money as you make it. And the reply to that is, be mindful of the advice one gives to you. Because in this society we have all these advisers financially, but few who actually know what they are talking about. And one big mistake at times is listening to the people around you. Your friends and family are not always the best candidates to go to for advice. They give you advice based on what they think they know about money. These are not the expert advisers when dealing with monetary concerns a lot of times.

don’t just hear what you want

In the event that you do get some good advice we as people have been known to not adhere because we want to hear the advice that we want to hear. Then the best thing is to not ask someone for their input. Because if what you wanted to hear was right then why are you reaching out for advice. The job of an adviser is not to align themselves with your thought process. Or nurture what you believe to be true with some sort of validation. They give it to you straight and it is what it is. And if you want that ego boost, then go to your family and friends. They will give you the seeds for ego growth.

beware of false prophets

Now, be cautious, everyone with a suit and a tie are not your friends. It’s like the old saying, “If it’s too good to be true, then usually it is.” They promise you all these hopes and dreams with these big pay outs, but then they are not telling you that this is just not how money is made. There is either some fraudulent scheme you’re in, or you’re going to lose your money in this big investment. So know what it is you’re doing because investing in these guys, an you’ll lose money faster than listening to friends and family.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

SAVINGS ACCOUNTS: HOW TO SAVE WHEN YOU ARE YOUNG

Pink and White Ceramic Pig Coin Bank

“Put it away for later.”


a penny today, a dollar tomorrow

Growing up, my mother always saved her money. And not because she made a lot and wanted to have as a rainy day fund. She did so just because she wanted us to see that there must be something you keep away just in case something happens; anything. You never want to be caught out there with no means of survival. So what do you do, you save your money in the bank and use only the checking account. Let’s assume you have other obligations, how can you save money with this in mind?

i want that

The problem when you are young is that you want everything, but you cannot afford everything. And when faced with an issue of going out and spending versus savings, we tend to spend. We get the idea that in our minds, we must have something that actually provides us with no immediate use at first. We want to fit into the group and be accepted by their peers.But it just never dawns on you that you’re heading for a world of trouble by listening to your peers.

out of fear

When you see people around you falling off financially, then you can understand that their is some to be said about holding on to your money. We get up every morning and take for granted that something will be there everyday. You have to learn to establish a fund for making your income. Something that will serve as a means to aid in case of a job loss, or even starting capital for buying a house.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe