Increase your net worth by assessing your situation and creating new streams of income will save you!

It’s on us to make sure that we are securing the bag. In this episode, I start out reflecting on an article I read that I identified with so much that I had to share. You can find the article I reference at www.ebony.com/career-finance/4-ways-strongblack-woman-syndrome-keeps-us-poor-444.

After talking through the article I introduce five ways to increase your net worth.

1. Paying credit cards on time and keeping the balance manageable so that your money isn’t going to interest.

2. Freelancing allows you to do odd jobs that come easy to you for pay.

3. Establishing an actual side hustle that you become known for and formally create a business entity.

4. Getting a new job could change the game significantly. A five-figure increase in your salary could go a long way.

5. Learn how to invest in the stock. A return is a return! Make the money work for you.

Listen to this episode if you’re seriously trying to increase your net worth but don’t know where to start; start HERE!

Resources:

RMB Budget Template is the personal downloadable Excel spreadsheet I developed based on the book, The Richest Man in Babylon, to get on top of your money.

Fiverr.com to explore freelancing.

RBGRoyalty.org for career advancement services and resources.

Stock to Research: W (Wayfair), UAL (United Airlines), SAVE (Spirit)

wnbg.me is the home of the podcast.

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