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

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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

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DECEMBER: A MONTH TO FINANCE

Photo of Person Holding Black Pen

“A month in knowing your dollars.”


finances

This is the month of December and the last month of the year. I decided to dedicate this month for finance not only because it is a big spending month for Christmas, but it is also the month before a new year. A new year means new resolutions and new beginnings. It’s the start of what will be another building year toward something. A time for looking over the course of the year at your finances. The good moves you have made as well as the mistakes you have made.  So make your decisions wisely for this month. For it could be a start to something good or bad.


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

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DIGITAL DOLLARS: THE FUTURE OF SPENDING

Three Round Silver-and-gold-colored Coins

“A waste of paper.”


new age spending

There will come a day when the use of paper currency will no longer be needed. And once that happens we officially will be in a new era of spending. We already use our debit and credit cards for so many purchases already. But once the paper currency is gone, then the value of money will take on a whole new meaning. How will the laws change as it pertains to counterfeit? Because that business will eventually adapt to the changes as well. So how will we catch those individuals once they understand how the process works. And how are they going to learn, like they do everything else. They have nothing but time on their hands to learn to break the law.

paper trail

The great thing about the digital currency is that it will leave a long trail from which every purchase was made. This will aid in a lot of crimes being solved. But most of all, it will help people keep track of expenses. So many of us use cash to do so much, that we are thinking about our purchases. Logging into our bank accounts, we can see all our historical transactions making us aware of everything in our account. I know I had a freeze once on my account, and saw there was a purchase I didn’t make. And it was from someone trying to access my account. The bank fixed the problem, and I lost no money.

once upon a time

For those who are old enough to understand that cash has been the use for purchases will feel odd once the currency is gone. A younger generation will be born into it, or easily transitioned. But there will come a generation where this will all be foreign to them. You will hear them talk about stories of how they used currency, but then you’ll slowly realize that they have a hard time moving forward.


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LEVEL TO LEVEL: HOW GOING FROM ONE SOCIOECONOMIC POSITION TO ANOTHER FORCES A NEW PERCEPTION

Related image

“Once you know better, you do better.”


I come from a socioeconomic environment known as the working poor. And I have been in his space for my entire life. But in the recent years, I have been working to remove myself form this space of poverty. And what does that mean, it simply means changing your perception in how you see the world around you. Once that perception changes about the world, new opportunities open up to you. Now in the beginning, it may seem like you’re not making any strides. But rest assured, if you’re putting in the time and energy necessary for the climb, then you are in position to do better in life. You are in position to do better financially, physically, and spiritually. Yet, what is it about people that never leave their position and why must you change the way you see the world? People not leaving their position has to do with a state of mind, but why you must change your perception has to do with understanding the repercussions of your actions.

What do I mean by the consequences of my actions? Well, once you cross over into the new socioeconomic environment, you have no choice but to shift your perception. And there is a reason, it’s because you had to shift your perception before getting to this new point. So if you grew up poor, you had no choice but to change to become Middle Class and stay in the middle. Now, here is the bit of hole in the logic I just stated. You have to shift your mind to make more money, not really. Because you have lottery winners, athletes, and entertainers. Now the lotto winner won by luck, but there had to be some form of shift to be great athletes and entertainers, but the monetary build really falls by the waist side. So when they make a lot of money, they go broke quicker than it took to get the money. Because they fail to put themselves in the know to shift their perception on money.

Now once you go from Middle Class to Upper Class, you have to really structure your mind. The way I see it, it’s like crossing a bridge. The poor person says, “I’ll cross that bridge when I get to it.” The person in the middle says, “I’ll plan for that bridge, even if it’s there, I still plan in case it’s not present.” And lastly, the man or woman that is rich are the ones building the bridges everyone beneath them are going to have to cross. So when you are making wealth for yourself, taking business advice from someone who is poor may not be the best decision to make in life. Because if were as simple as they think it is to make money, they wouldn’t be poor. They might say it’s because they don’t have money, and that statement explains why they’re poor. You don’t need money if you have great ideas that have value. You’ll get the money if you have something that can make money. Why, someone will invest in you.

And in the end, we have to shift our perceptions anyways with regards to the world around us. People who don’t, possess a lack of growth in their lives. That lack of growth will quickly turn into self-loathing and depression. Next, they’ll start to reject the people around them who have went off into life and planned. Remove yourself from these people because they mean you no good.


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