Solvency

Reduce expenses or increase income
The second financial milestone is solvency, where individuals have an income but struggle to make ends meet due to expenses and possibly debt. To move towards solvency, the individual must either reduce their expenses or increase their income, while also staying current on all their bills. This can involve budgeting, negotiating bills, and seeking ways to increase income through side hustles or part-time work
March 3, 2023

Richsplaining: Why Simplistic Solutions Don't Work for Poverty

Richsplaining reinforces harmful stereotypes about poverty and ignores the complex societal issues that contribute to it. Listen to lived experiences.
March 3, 2023

The Pitfalls of Using Money as a Scorecard

Money may be a tangible scorecard, but it doesn't necessarily reflect our overall well-being or happiness. Let's measure progress holistically.
March 3, 2023

Mindset Matters: The Difference Between Being Broke and Being Poor

Mindset is everything when it comes to finances. The difference between being broke and poor is in perspective and attitude.
March 3, 2023

The Aging Money Method: A Path to Financial Security

Control your finances and eliminate stress with the Aging Money Method. Set aside money to cover next month's expenses and enjoy financial security.