Let's Talk Money

Money and wealth are two things that everyone needs to survive in this world, and it allows a person to build a standard of living. But the real problem is, how to earn that much wealth through which you can live comfortably?

Well, there is no big secret to this. It is as simple as spending less than you earn and investing the rest wisely. The dilemma of this situation is that everyone knows this, but most people are unaware of how to get it done correctly.

To bridge that vast knowledge gap, financial coaching has evolved, which will provide you with experienced advice and partnerships to jump-start your mission of building wealth for yourself.

What is financial coaching?

Financial coaching aims at providing one-on-one sessions with clients so that those clients have the knowledge they need about different trends in financial markets and how they can improve to meet their goals. These financial coaches will also provide their clients with encouragement and morale boosters, and they...

Definition
Capital gains are the profit from a sale of property or an investment

Why It's Important
When you have investments, you are not taxed until you have capital gains.  Capital gains are only triggered when you make a sale at a profit.  This is the opposite of realized loss.  With both situations, a sale is what triggers each tax treatment.  Capital gains are a good problem to have because that means you are making money!  

There are two types of capital gains, long-term and short-term.  Short-term capital gains are taxed at your current tax rate.  Short-term means that you held the investment for less than a year (generally a no-no).  Long-term capital gains are after you have held your investments for longer than a year.  These get preferable tax treatment.  For instance, if I was a single tax filer and made $45,000, my short-term capital gains rate would be 22% while my long-term rate would be 15%.  See the difference!...

Introduction:

Almost every person on the planet is familiar with banks. Everyone has had an experience, whether good or bad, with it, and due to this, the majority of the population always gravitates towards banks, not knowing that other options  exist. Whether you want to or not, you might find yourself in the footsteps of a bank, without any clue of alternatives that could change your life.

Banks are profitable corporations that strive to provide for not only you, but itself too, by bulking up on money that you pay, in the form of interests or fees, and paying its shareholders rather than finding another use of the funds. Although this allows the fluidity of finances and gives the bank the margin to grow or increase its assets, it can also have a shortcoming in the form of less focus on the customer.

You may feel frustrated that the kind of service or packages you require is unavailable in a bank. You may also be frustrated by the high-interest rates or the hefty fees that...

Did you know there are many different ways to invest in real estate?  Tiffany and Joshlyn talk about home buying, private and public REITs, Fundrise, and pooling money together to buy property with family and friends.  They also talk about how Joshlyn paid off $70,000 in debt in 1 1/2 years!

About Our Guest

Joshlyn Ross is a Homebuying Consultant & Podcaster with a personal mission to help 50 people purchase their first home within the next 365 days. She knows how overwhelming the process can be because she went through it.

After looking at homes for several months, she found herself frustrated at the fact that her financial report card continued to hold her back from each dream home she submitted an offer for.

Eventually, she created and implemented a plan to not only pay off her student loan debt but also to diversify her passive income streams with real estate investment trusts (REITs). Her initial goal was to pay off her debt in 2 years but with focus and execution,...

Money is emotional!  Tiffany has talked about this time  and time again on the blog and podcast but this time she brings on YeSeul Kim to give a different perspective.  They drop so many gems on how they got past their financial trauma and how they handle money in their marriages.  How is your relationship with money?

About Our Guest

YeSeul is a business executive turned storyteller who loves hunting for the unexpected. When she is not recording podcasts, YeSeul is working on her book Business Love: Your MBA to Relationships and photo journalism project Humans of Treviso.

Follow her on Instagram: https://www.instagram.com/serendpitystories.podcast

Follow her on Facebook: https://www.facebook.com/serendipitystoriespodcast

Links

Humans of Treviso Project: https://www.instagram.com/genteditreviso/

Connect with Tiffany on Social Media

Facebook: Money Talk With Tiff
Twitter: @moneytalkwitht
Instagram: @moneytalkwitht
LinkedIn: Tiffany Grant
...

 Tiffany sits down with Aja, a single mom that decided to leave the US to move abroad and save money.  This is the ultimate geographic arbitrage!  Remember that from Episode 23?  Aja has really mastered the art of moving somewhere else to live the life she wanted for her and her son!

About Our Guest

Aja is a woman living life on her terms. Four years ago she quit the American dream, moved abroad, and designed her own business. She also started homeschooling her son. Aja hosts the podcast, She Said We Shed which helps black women heal from black mama trauma and become the mothers they desire to be.

Follow Her on Social Media

Instagram: www.instagram.com/shesaidweshedpodcast AND www.instagram.com/doinglifeafraid

Facebook: https://www.facebook.com/doinglifeafraid/

Links

Aja's Website: https://www.shesaidweshed.com

https://www.upwork.com

https://www.numbeo.com/cost-of-living/

Connect with Tiffany on Social Media

Facebook: Money Talk With Tiff
...

Definition

The Uniform Security Act is model  legislation for securities industry regulation at the state level.  Each state may adopt the legislation in its entirety or it may adapt it (within limits) to suit its needs.

Why It's Important

The USA, as it is commonly called, protects investors from unethical practices.  It also ensures that people that choose to give investment advice are properly registered to do so.  In order to register with the state, a potential advisor has to take a licensing exam, pay fees, and submit the relevant paperwork.  

Does being registered with the state fully protect investors?  Absolutely not!  Registered advisors are sometimes subject to disciplinary action.  It happens all the time!  Your best defense is education!  There are resources such as Broker Check that allow you to see what disciplinary actions if any, were enacted on your current or potential advisor.

If you suspect an advisor is...

Canceling a credit card can be extremely tricky if you are not aware of the steps associated with it. It is a process that requires pre-planning and careful consideration of every little factor. But do not stress! We will break down every step for you!

Issues Associated with Cancellation:

Before diving into the intricacies of canceling a credit card, we must warn you that it is rarely advisable to cancel one unless you face certain circumstances. It can backfire in some ways.

The two ways in which cancellation of a credit card can do more harm than good are:

• Leftover perks that are unclaimed
• Loss of credit

However, do not worry! If you need to cancel a credit card, we will ensure that you are well guided before leaping, and do not face any loss in terms of the two factors mentioned above.

Let's discuss the reasons why a credit card should generally be canceled.

Reasons for Cancellation:

The best reason to cancel a credit card is if the fee you are being charged for is too high....

Join Tiffany as she breaks down her Top 10 favorite applications and programs that keep Money Talk With Tiff going!  She wants to inspire and empower other small business owners to make their jobs easier.

Links

Some of these links are affiliate links so Money Talk With Tiff may get compensation for you using these links 

Coschedule - https://coschedule.com/r/o782617

Kajabi (28 Day Free Trial) - https://app.kajabi.com/r/czcXnMVu/t/pxpquocj

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(For 20% off use code A73FRQ6GW9EPXAW for Basic or FD4K9C67696U3XW for Business)

Headliner (2 weeks FREE) - https://make.headliner.app/referral/tiffany_1JDg32

Cloudflare - https://www.cloudflare.com

Shopify - https://www.shopify.com

Wealthbox - https://www.wealthbox.com

RightCapital - https://www.rightcapital.com (When signing up, mention Tiffany Grant with Money Talk With Tiff as your...

Introduction:

Entrepreneurship isn’t just running a business; rather, it is a name given to anything done with intentions of changing the world. An entrepreneur is a world-changer, an innovator, and an opportunist. Now you might be wondering what entrepreneurship is? Let us explain to you in a little more detail!

Entrepreneurship is launching, developing, and running a business venture along with its financial risk. Such business ventures are valuable for economic development as it allows a country to expand its businesses and resources in the global market.

However, most people perceive entrepreneurship as one dimensional, and they do not think about their various types. Today, we have decided to clear this confusion for you and explain different types of entrepreneurial businesses.

Types of Entrepreneurial Businesses:

Small Business Entrepreneurship:

In today’s growing world, it is common to see that more small businesses are running than more prominent companies....