Grow Financial Federal Credit Union’s Post

While it's true that money can be a tool for wealth creation, don't be discouraged by the misconception that you need a substantial sum to get started. Start with what you have, make informed decisions, and let time and compounding work in your favor. The journey to financial success begins with a single step, and every small step counts on the path to prosperity. #MotivationMonday #YourWayToTrueWealth #TrueWealth TrueWealthBook.com

Think about it, Your personal income, for most folks, is the most luctrative financial vehicle that you have over your working life. Smart money would advocate that you cover your downside risk on this investment by ensuring that this income stream is not interrupted. Call or email me to set up an initial consultation to get yourself and your family's financial future set up on a solid footing. Jamie Baker, M.S. Finance [email protected] 806-217-2627

There are seven financial goals you should try to hit before age 50. How many have you achieved? ⏯️ Watch Now: https://lnkd.in/et-tgWvy 💰 Have a cash buffer 🚫 No consumer debt 📈 Have a real investment strategy 🔒 Protection for your assets 🎯 Hit your savings targets 🗣️ Have the money talk 📝 Have a financial plan Too many people work hard and hope they’re in a good spot. But without a plan, you’re essentially working with your head in the sand. Peter explains these goals and how to use them as a framework for ensuring you’re on the best possible track with your money.

A MUST READ….. Be sure to tag or share with a friend Growing up in school we are taught how to follow directions and become a “good student” so that we will become good “employees”. There’s nothing wrong with being an employee. But we were taught how to build wealth, magnify our income, and create financial freedom for ourselves. That is something you have to learn on your own. To learn it, you’ll have to pay a price If you don’t, you’ll pay a bigger price #financetips #financetalks #financialgoals #financialfreedom #wealthbuilding #wealthcreation #investingwisdom

My passion for finance began when I climbed out of a sea of debt and finally started saving money. Through this journey, I learned the valuable lesson “it’s not what you earn that counts, it’s what you put away”. Since then, I’ve been dedicated to helping my fellow 🇨🇦 Millennials achieve financial security. 👉 Have a financial success story or question? Share it in the comments 😊💬

Smart money rules that everyone should know 💵 •Spend less than you earn! •It’s not what you make , it’s what you keep🏦 •Have a plan and set goals👏 •It’s a game learn how it works 🎰 •Always pay yourself first Empower your financial journey with these key principles and watch your wealth grow🤍

The deceptive allure of ‘more’…. We live in a world where most of us have moved well beyond just providing for our family’s basic needs. That desire for shiny new things is an interesting one that is worth some thought. Spending can bring happiness and joy but before us all is the invitation to let go of wanting ‘more’ and instead choosing to embrace ‘enough’ It’s interesting to get some clarity on this as you plan your financial future, what is truly important to you? And when will you have enough? #wealthmanagement

There are a ton of financial gurus pushing the idea that saving and being frugal is enough to become rich. Yes, you can become a millionaire by just saving and having a Roth IRA. But that’s not enough for more people since it takes 20-30 years to complete the mission. Most common beliefs about money are holding people back but everyone keeps pushing it. You don’t have to be free of debt in order to be financially free along with other things. I hope you found this post valuable and that you learned something new. Make sure you drop a follow and check out my other content for more.

A top money mistake is failing to understand and use compound interest. Forbes notes that "most people...mistakenly think that investing a small amount of money will never grow to anything significant so they don't invest it at all." A financial professional can help you better understand the eighth wonder of the world and how it can benefit you and your money goals. #BarnumFinancialGroup

If you've cut your $5 coffee and still find yourself unable to invest in your financial future, I've got some news for you: The coffee was never the problem. I've never understood why this was the center of all problems. Yeah, I get it, costs add up over time. And sure, if you invested the difference you would have made more money. But this is merely a distraction. You have to look at the bigger fish: - How are you making more income? - As you make more, how do you adjust spending? - What are you doing with the difference in income? - Are there larger expenses worth examining? - What expenses do you LEAST value? Many times when we have this conversation, the answer becomes clear. Extra room is possible and within their control. So yes, keep focusing on the coffee cuts. Or make changes to bigger things that matter AND enjoy your coffee. Your choice.