Harness Money Tip #14

Diversification versus concentration. Honestly, I am probably over diversified. which isn’t necessarily a bad thing. When I was broke, I vowed that I would not be broke a second time and then I went broke a second time. So I knew that I had to make some big changes to ensure that I would notContinue reading “Harness Money Tip #14”

Harness Money Tip #10

Do not neglect your credit score. You never know when you may need to take out a loan for a house or car or health emergency. And having a high credit score will give you the best loan rates. Building a good credit score takes time and education. The basics: Pay your credit card billContinue reading “Harness Money Tip #10”

Harness Money Tip #7

For any beginning investors I always recommend building a solid foundation of index funds. My faves: VTI VUG VGT There are so many great options to choose. Some of providers are: Fidelity Vanguard Charles Schwab. Choose the lowest fee funds possible. You can index invest yourself to financial freedom if you chose. Or once youContinue reading “Harness Money Tip #7”

Harness Money Tip #6

Take care of your mental health. There is no point in building wealth if you lose your mental health. You will not be able to enjoy your money or your life. Once I was in a relationship that was not working out. It was like a mental cloud was hanging over me that I feltContinue reading “Harness Money Tip #6”

Harness Money Tip #5

Credit card debt is bad debt. Why? Because it adds up quickly. But more importantly, if you are racking up credit card debt this means that you are not focused on investing and growing that net worth. I want you to be rich. And that only happens by having less stuff and more assets. IfContinue reading “Harness Money Tip #5”