Hear Me Out. You don’t know how to spend money.
drhoineyI was 17 when I got my first real paycheck. It was awesome. After I completed my indoctrination training for the Navy, I had a big fat balance sitting in…
Rest in Heaven Mom. I miss you every day.
My Mother died in poverty. That's a hard fact to accept, but she did. I failed at my goal. I didn't adhere to the promise I made to my Grandmother…
My moment of clarity – Why Black Capitalism Matters
My first mental model of Black wealth was created in 2003, when I visited Prince George's County, Maryland after entering the U.S. Naval Academy. "PG county" as its affectionately known,…
Before you panic sell, ask yourself, is your thesis correct?
The easy way to avoid information overload is to have conviction in your investment thesis. To be a successful investor you need to keep the big picture in mind and…
$100,000 a year is not Enough – Here’s 5 Reasons Why
As a society we've placed a $100K per year salary on a pedestal and we need to stop. A recent Business Insider article stated that 60% of Millennials are living…
Want to learn how to Invest? Here are six principles from The Intelligent Investor.
One of the biggest barriers to anything is a lack of knowledge. Whether its playing a sport competitively or investing, the first barrier to overcome is a knowledge on how…
Do Farms Make Money?
For a long time I've had this weird fascination with farming . The thought of being able to turn your home into a business, work for yourself, and your product…
Paying Cash for a Car Makes No Sense
In 2005, I paid $14K in cash to avoid having a car payment. As a result of my credit card habits, I had learned to become fearful of debt. That…
Time to rethink paying off your mortgage early.
Personal finance is personal for a reason. Whether you decide to pay off your mortgage early vs take your time, do what's best for you and your psyche. Sometimes you…
Why you need to make more money.
According to economic data from the U.S. Census bureau, the median household income in 1984 was $52,679. In 2019, it was observed to be $68,703. If salaries were keeping up…