How To Be Financially Stable In Your Twenties And Early Thirties
‘12 days of Christmas’. Does that sound familiar to you? For me, it only rings one thing: food. Last year, I started a new job when my new coworkers were just ending their ‘12 days of Christmas’ run. This consisted of each department contributing to breakfast or lunch by providing meals. The icing on the... Continue Reading →
It’s official! Fall is here; it’s the season of overpriced Starbucks pumpkin lattes, North Face jackets, Under Armour cold gear and UGG boots. Let’s not forget the Halloween extravaganzas which lead to Christmas, that single day of the year when credit cards might be the most used. Between those two days, there is Thanksgiving, the... Continue Reading →
Over the past several months, I’ve taken you on a journey to meet millennials who have broken the barrier of business ownership. From writer to non-profit owner, we have picked their brains. The goal is to get you to understand their mindset and their drive. What is the attitude of a millennial entrepreneur? What makes... Continue Reading →
Last year when I published Money-Smart Millennials, I was working as a licensed banker. My experience working and helping my clients, particularly millennials, achieve financial stability in that environment was a major contributor to the content of the book. In the book, I’ve shared real-life stories of my clients who were able to improve their... Continue Reading →
9:50 am. A beautiful 85-degree May morning, a fresh breeze met you as you stepped outside. Six of us sat around a large oval desk in the title company's office; I had just signed my name a dozen times and watched my wife signed the dotted line on this last piece of legal paper. We... Continue Reading →
About 10 years ago, I learned a simple financial principle that revolutionized the way I think about creating income. You see, our education system teaches income generation through an active method: you do the work and you get paid for it. The concept of a passive or ongoing income may be touched on for those... Continue Reading →
**This post contains affiliate links. I remember when I opened my first bank account. Not the one my parents were custodians of when I was a kid but the one of which I signed my name on the dotted line. When I graduated high school and enrolled into college, I had a feeling of sudden... Continue Reading →
23 years ago, my family moved to our first home. It was in the suburbs of Cotonou, Benin, 40 min away from the city. However, it was easily a 60 to 75 min commute because of the horrific traffic jams. So at the age of 6, waking up no later than 6 am every weekday... Continue Reading →
There are a few things that are constant in my life and one of them is reading. Every year, I read about a dozen books that I carefully pick or which I recommended to me. Throughout the years, many books have tremendously impacted my life but there are two that I usually go back to:... Continue Reading →
When I was in middle school and in high school, I was the quiet, nice and friendly guy every body knew. My habit of avoiding conflict inadvertently led to a level of peer pressure that I succumbed to. In many ways, my personality made me a follower. I was rarely the one making the important... Continue Reading →
There are defining moments that alter the trajectory of our lives. Some people make it for the better while other lay in regret. For Erin Lowry, that defining moment came when she decided to start blogging. Broke Millennial was created in 2013 and throughout the years, Erin has committed to providing her readers insightful, educative,... Continue Reading →
In 2005, a survey conducted by Small Business Trends revealed that small businesses acquire 85% of their customers through referrals. That survey took place 12 years ago but I can guarantee you that businesses still expand heavily by word of mouth, regardless of the platform. Any number of ads would not have the same impact... Continue Reading →
It was my third week as a novice employee at the bank. I had been hired as a relationship banker but due to company requirements, I had to start my training at the teller line. That is where I first became aware of the financial illiteracy of most consumers. Mr. Robert (for keeping this client... Continue Reading →
Initially published by Sheena Saydam of Saydam Properties Group. I had the privilege to be interviewed by Sheena Saydam, managing partner at Saydam Properties Group. The main focus of our discussion was the road to home ownership. The millennial generation is entering a phase of home ownership. Planning and budgeting are essential to having a... Continue Reading →
In an article published by the Harvard Business Review, Joseph Grenny tells that there is a strong correlation between high performing teams and accountability in the work environment. Navy seals hold themselves and their teams to the highest level of expectation by being accountable to the objective of their missions and to their values.... Continue Reading →
Investopedia defines networking as a ‘process that fosters the exchange of information and ideas among individuals or groups that share common interests. Networking may fall into one of two categories: social or business.’ In addition to being a process, I believe networking is also an art. There are people who never manage to learn networking... Continue Reading →
It was a little over two years ago on a cold December evening. I had left work, hopped on the metro and headed to DC to a tech networking event. After being to a couple of these types of gatherings, I was fascinated by the diversity of professionals who attended. From young college students... Continue Reading →
Download PDF - Part II / Chapter I Chapter I: Banking, debt and credit Rather go to bed without dinner than to rise in debt. - Benjamin Franklin 'No' for overdrafts About nine years ago, I had an experience that I will probably never forget. It’s not because it was an incredible and exciting... Continue Reading →
This past fall, I met Chase, a millennial entrepreneur who launched his staffing company in Montgomery County, MD. Our paths crossed when Chase applied for a business loan to cover his business accounts payable while he was getting the company established. I worked with Chase during this process and got to know him better.... Continue Reading →
2017 is just around the corner. A recent Student Loan Hero survey revealed that paying off debt is so far, the most common financial resolution of 2017. Next to getting out of debt is building an emergency fund. Through personal experience getting rid of my own debt and through helping many clients pay off... Continue Reading →
Money-Smart Millennials 