Life Experiences
-
Short-Selling & Lesson for GME Investors
As a Co-Founder of FF101 it is a goal of mine and my partner to educate young adults in current and future market trends. We have reviewed SPACs, Stock Splits, Crypto, Real Estate, Moving Averages, and much more. Today we want to discuss the BIG topic of SHORT-SELLING. Short-selling works this way: An investor, who…
-
Why You Should Build Credit as a Young Adult
When I was a senior in high school I had a teacher who drilled in my head that credit cards are IMPORTANT, he explained that achieving a good credit score is necessary to achieve strong financial health. Once I was able to apply for one I got off to the races and started building my…
-
Are We In a Stock Market Bubble?
What is a Bubble? Investment bubbles have been around since the 1600s. A stock market bubble is a period of rapid growth in stock prices followed by a fall. Typically prices rise quickly and significantly, growing far beyond their previous value in a short period of time. When they fall, they do so quickly and…
-
The Game of investing – Why I chose active investing vs putting my money into passive ETFs.
Guest Post By “TheEngineeringInvestor” Url: https://theengineeringinvestor.wordpress.com/blog-2/ Personal finance is the tool for which many can use to unlock the goals they have in life. Be it saving for a new car, house or retirement, it offers a path to increasing our financial security and keeping our accounts in check. When planning for retirement or saving,…
-
Advice From a Worker Who Graduated into the Last Recession
I want to thank Financial Freedom 101 for giving me the opportunity to guest post. I started Cash Chronicles as a way to organize my thoughts and deal with my own frustrations with my career and the job market 4 years ago. I wrote posts in fits and starts until the last year and a…
-
Frugal Living 101
I am often called cheap, by my parents by my friends, and even of course by my girlfriend. I agree with all of them, and that is because I am cheap for a reason, Financial Freedom. When I am 40 years old, my cheap frugal ways from my 20s will pay off. Frugal living is the…
-
Emergency Funds 101: Why You Need One
Before you start saving or investing – make sure that you have an emergency fund, first! What is an emergency fund? Let’s face it – life is unpredictable (and frankly, kind of unfair!). It throws us challenges and unexpected costs. Expenses such as your car breaking down or losing your job. In order to safeguard…
-
My 9-5 and 6-10 Jobs
You’re probably asking yourself what are my 9-5 and 6-10 jobs? This is another important factor in becoming financially free. The concept is to use the degree I have earned through college to get a solid job in a growing company, working “9am-5pm”. This ideally will be your main source of income. The “6-10”…
-
Forming Your Own Path In Life
In my past 21 years of life, I have relied a lot on relationships. Relationships will not only help you succeed in life but it will grow you as a person to reach your maximum potential. One thing about relationships is you can NOT depend on them, people don’t always keep promises and that’s something…
-
Why Your Savings Account SUCKS
People get it all wrong. We were brought up in a society where putting your money in a savings account helps you “GROW” your money. Which is nothing but WRONG. With rates at 0, you currently can’t gain any money from a savings account and with inflation, at 2% you are losing money in a…
Financial Freedom 101 