With this being the big “shopping weekend” I like to ask how you budget or plan for how you spend over the week of Thanksgiving? Many people talk about not having money over the holidays, but how are they preparing for it? Is it worked into the annual or monthly budget? Should it be? 🍲🍗First, people often spend more on food with Thanksgiving; many travel to be with loved ones for the holiday too. 🛍️Then there is Black Friday shopping (which now seems to fall over more than a week somehow). 🎁And finally, we have cyber Monday, and giving Tuesday! Did I miss anything?

Ever wonder what it really takes to hit that first $1,000,000? 🤔 Here’s the crazy part — it’s not about luck 🍀, it’s about consistency 📈 Check this out 👇 If you invest just $500 a month and earn an average of 10% return, you’ll have…💎 $1 MILLION in about 30 years! That’s the power of compound interest — your money starts working harder than you do! 🔥 💬 Drop in the comments:What age would you want to hit your first million by?Let’s see who’s dreaming big! 💭💸 #MillionaireMath #CompoundInterest #WealthMindset #FinancialFreedom #LegacyBuilding #MoneyTalks #SkoolCommunity

Ever wonder how much debt is “too much” when it comes to buying a house, car, or taking on loans? 🤔 👉 Enter the 28/36 Rule — a simple number formula lenders use to see if you can afford debt (and YOU can use it to stay financially healthy). 🏦 ✨ Here’s how it works: 1️⃣ 28% Rule → Your housing costs (mortgage, taxes, insurance) should not be more than 28% of your gross monthly income. 2️⃣ 36% Rule → All your debt combined (house, car, credit cards, student loans, etc.) should not be more than 36% of your gross monthly income. Example:📌 If you make $5,000/month → - Max housing = $1,400 (28%) 🏠 - Max total debt = $1,800 (36%) 💳 Go above these numbers, and you risk becoming “house poor” or “debt trapped.” 🚫 ✨ Why it matters: - Keeps your budget balanced ⚖️ - Helps you qualify for loans ✅ - Prevents lifestyle creep 😅 💭 Let’s chat: 🔹 Do you think most people today live above or below the 28/36 rule? 🔹 Be honest — do YOUR numbers fit the rule right now? 🔹 What would you cut first if you were over 36%? 👇 Drop your answers — this is where the money talk gets real! 💬💸

In 1494 the Italian Mathematician Luca Pacioli published "Summa de arithmetica, geometria, proportioni et proportoionalita" where he introduced the Rule of 72. Though this is the first known mention of the rule, it is likely that the rule was already in use prior to Luca referencing it. The rule or 72 did not become widely known until nearly a century later. Even Albert Einstein is known for saying "There is no force more powerful than compound interest" and he used this simple estimate to calculate how many years it would take for an investment to double in value, based on the rate of return (RoR) or the interest rate at which it grows. However, on the flip side, this calculation of 72 as an approximation can also be used to halve a value. For instance, 72 divided by the inflation rate, equals how many years it would take to halve your money. So if inflation goes up by 3% every year, then in approximately 24 years, your annual income would be worth half its current value. Meanwhile, if your investments are growing at a rate of 8%, then the money in the accounts is doubling in size every 9 years. To truly understand the effect of an account, you must first understand how the RoR affects the money within it. Knowing this now, which option below would you say is the most important, or the one that you would want to complete first? Things to Consider: How are you currently using an interest rate to work in your favor and grow your money? How are interest rates working against you in your life? Are you saving your money in a location that it is depreciating faster than it is growing due to inflation? What if there are options where you can double your money even faster that what you are currently doing? Would you want more information on those types of accounts?

Understanding how money grows is important when deciding where to put our hard earned income over time. Where do you store your extra funds? 🧦Under a mattress or in a sock drawer? 🏧In your checking account? 📈Is it somehow reinvested for growth? 💰If so, at what interest rate (or rate of return, RoR) is it growing? Anyone like mathematical equations? 🧮 Would you rather have $500 growing for 50 years at 3.5% or $500 growing for 15 years at 8.5% and why?