Skip to main content

Minority Mindset Community
Network with other Minority Mindset thinkers.

Tagged With "write my essay"

Tagged With "write my essay"

  • Topic Reply
    I advocate that Buyers smell the homes. Give it a sniff-test, or if considering remotely, have a Realtor do that and then showcase it through video phone call. Pictures do NOT tell the whole story. Pictures and video does not display a mold or smoke smell, or showcase the "aroma" of pet smells. Most pictures are showcased to highlight a property, not it's defects. On a recent tour I did for a rural home. It took me a while to find the driveway, which was a single-car width driveway with 45...
  • Topic Reply
    Bought my first house about a year ago. The process itself was mostly painless, but houses were selling so fast in the area it was sometimes frustrating and annoying trying to find a good deal that wasn't being snatched up immediately. One thing I have learned since buying the house that I never would've considered beforehand is to look at the composition of the soil in the area. Where I live the soil is mostly clay which can expand and contract a lot depending on how much moisture it is...
  • Topic Reply
    One thing that recently helped me start saving more money for my savings and investing funds is by setting up direct deposit of my paycheck to my various bank accounts and then only including the money meant for spending in my budget. So following the 50/30/20 plan that Jaspreet has recommended in some of his videos; I was able to designate 50% of my paycheck to my checking account, 30% to my investment account, and 20% to my savings. Then I build my budget off of the 50% in my checking...
  • Topic Reply
    Can't answer this question with 100% certainty because I am far from retirement and far from having a million dollars, but the strategy I am currently using to hopefully get me there is to max out my Roth IRA (love the idea of not having to pay taxes on it later), contributing only to my 401k the amount that gets me the full employer match (got to get the free money), and then putting the rest of the money that is meant for investing into other accounts where I have more control over my...
  • Debt Management
    Hi! I'm a recent undergraduate college grad, and I want to go to medical school. I graduated in May 2019 with $65k debt and as of today it stands at ~$22k. I should be able to pay off the rest before April (Thankfully) My complication with medical school is this: I have DACA, which exposes me to deportation, especially if the new supreme court reverses the decision made earlier this year to protect the program. If that happens then whoever cosigns my med school student loans (my family) will...
  • Topic Reply
    Sorry to hear there is so much uncertainty for you! I hope everything works out. Things to look out for when selecting a 529 plan are the tax benefits, types of investments, and associated fees. Every State in the US have their own 529 plans and the rules can vary with each State. One of the biggest benefits to the 529 plan is that the money can grow and be used tax-free on the federal level but of course there are some exceptions on the state level. Not all states offer a state income tax...
  • Topic Reply
    Thank you Landon! I appreciate your advice, and I looked into the state income tax implications for my own state and found no benefits in sight hahahaha, yeah it might be better to just throw whatever I would've contributed into a savings account and collect the 1-2% interest. Also you'd be surprised, from what i can see, and have heard, Med school is more about sustaining an uncommonly high work ethic over a period of decades than it is about being smart.
  • Topic Reply
    Hi Nathan, What I’m doing right now is taking advantage of being able to pay down my principle balance with 0 interest. I think it’s unlikely that interest would go up significantly, if at all, when the federal loan forbearance ends at the start of next year. I plan on refinancing then.
  • Taxes
    Not sure how to look up taxes or even how to do my taxes yet haha. But I was wondering if there is a reliable website that explains the tax rules within a certain district. (income taxes, property taxes, stock taxes?, sales taxes, etc). Your help would be greatly appreciated!
  • Topic Reply
    ❤️
    Usually you can find tax information on the website for your city, county, state, etc. by searching for it online and then looking for a website for that location. When searching on the state or federal level you could also look for websites that have a ".gov" address. They will have the most accurate information because they are actually run by the state or federal government. There might be better places to look but for the limited amount of research that I have done on taxes, that is...
  • Topic Reply
    @Nathan_Gregory So far my experience has been great on my end besides a few hick-ups, but its normal. Cant always be smooth. I have 3 properties. 2 in SoCal and 1 in NorCal. Its definitely easy passive income when things go great. When you find a great tenant, its awesome. Coming up with capital can be challenging depending on your financial situation.
  • Topic Reply
    👍
    My recommendation would be to have it appraised and then sell it to either your friend or list it with a Realtor. If you sell it to your friend, which is totally your choice, they either have to come up with their own financing (like through a bank), or you would provide it, and there are other people that may help. No different than selling them your car. Either someone gives them the money to give to you, or they make payments to you. Also just because the Zestimate is a certain value does...
  • Topic Reply
    👍
    Hello Nathan, my name is Landon Martin and I am from the Dallas, TX area. One thing about myself is that I love anything related to being outdoors (gardening and hiking are what I spend the most time on outdoors though). I also love to play tennis, though I must admit that I haven't had the opportunity to play in a little while.
  • Topic Reply
    I'm Silvio and I'm from Italy. I've been a subscriber of Minority Mindset for almost 3 years, and I started my path to financial independence thanks to Jaspreet's videos . I like science, reading and running.
  • Real Estate Investing
    Hello everyone! My wife and I intend to acquire our first rental property in the near future. Obviously 2020 has made such a venture a bit more tricky due to the unknown nature of what the real estate market will be like in the coming years while we navigate this pandemic. So I figured I would gauge the Minority Mindset community and get some opinions on whether acquiring a rental property for a first time investor is a good idea right now with interest rates so low, or wait and see what the...
  • Topic Reply
    Good luck to you and the wife Elliot. My wife and I are in the planning stages looking to see what we can do to get our first property. It's definitely going to be a rollercoaster of sorts, but hey we figured it would be such a great way to secure a better financial retirement while we have some time.
  • Welcome - Start Here & Introduce Yourself
    👍🔥
    Hey everyone, Been watching the MM YouTube channel for a few years, loved the clear and concise message. The content really hit home. My parents didn't teach me what really matters with respect to financial freedom and wealth building. I don't blame them because their parents didn't either. So, with that said I am on a mission to help my son be better prepared. Albeit I feel I am a little late to the party. Either way, that won't stop me from living and working on goals for me and my family.
  • Welcome - Start Here & Introduce Yourself
    👍🔥
    My name is Santreessa and I am new to the minority mindset community on this platform. I subscribe to mms newsletters and YouTube channels. I love the content. Keep up the great work. Keep Hustlin- (in my Jaspreet voice)
  • Topic Reply
    I have two side hustles, both of which are in-person (teaching Zumba classes and event photography). When the pandemic hit, I had to pivot to online Zumba classes (by donation) because my gym was not sponsoring me. For the photography business, I decided to temporarily close. I would like to move toward an online side hustle related to events, but haven't started that yet.
  • Topic Reply
    😀☝️
    I have been using M1 Finance for awhile now and have been very happy with it. I really like building the pie chart portfolio that the money will automatically divide between and invest in. I also like that M1 allows you to own fractional shares of a company so that all of your money can be immediately invested and you dont have to save up until you can buy a full share of a company. A couple downsides to M1 is that you dont have exposure to the full market because they only allow certain...
  • Stock Market Investing
    Hi everyone, i tried looking for a specific section for crypto but couldn’t find any so I figure this Forum would be the closest thing. I’m in the middle of setting up my coinbase account and I had a question with regards to funding the account: what is difference between using my debit and credit card account to fund? Is there a specific fee for each one? Which one would you recommend? FYI - I am based out of Canada! Regards, Jay
  • #SpendingDetox
    👍❤️
    I never have cash, I buy almost everything online, and even with bank accounts for specific purposes, I blow my budget by transferring funds. Using gift cards, I'm hoping, will force me to use only the amount I've budgeted for groceries, for instance. A second card for eating out, which is where I go wrong most often, will hold me accountable for that. Then investing $1 for every $5 I spend will help me get into the habit of investing more regularly.
  • #SpendingDetox
    👍
    For this year's Spending Detox challenge, I'm choosing 3 challenges that will help me create a strong foundation for my mindset with money. I chose: #1 - 'No Spending' Zone #2 - Create A Holiday Budget #6 - Give the Gift of Time For number one, I'm locking in, traditionally, the 4 biggest spending days of the year: November 27th - November 30th. This encompasses Black Friday through Cyber Monday, which means I'll have to avoid those pesky sales this year. Why? Because if I can avoid spending...
  • #SpendingDetox
    👍
    For various reasons, this is the only challenge that fits me. I tend to overspend and I never negotiate the price and/or look for alternatives. This happens especially with: Food delivery apps the labels: "Amazon's Choice" / "Best Seller" When I'm not in a discount supermarket to get groceries I'll do my best 😱 😁
  • Topic Reply
    👍
    I'm a multi-interests, creative grandma, transplanted to Phoenix, AZ from Detroit, MI. Having made the mindset shift needed, I'm focused on acquiring real estate to pass on to my grandchildren's grandchildren.
  • Topic Reply
    Hello All, My family was flipping before flipping was considered flipping so its something I’ve always wanted to do. I’ve heard many mention another housing market crash so I’m using this time to learn and study all I can so hopefully when the market prices go down I can make some good deals. -Michael
  • #SpendingDetox
    👍
    For the Spending Detox Challenge, I decided to go with #2, make a holiday budget and #3 don’t overpay. Challenge #2: I decided to go with this one because I usually splurge during the holidays. I often buy last-minute gifts for family and friends, and that’s usually the worst time to buy. My nephews are 8 and 10 years old so I always try to be “the cool” uncle by buying the hottest holiday toy or a full-priced video game. This year, I decided that I am going to plan earlier when it comes to...
  • Topic Reply
    This is great! I'm usually pretty bad a giving gifts around the holidays, so I definitely understand buying expensive last-minute gifts, although, I usually do it as a way to compensate for being a bad gift giver. Also, the "White Elephant" gift giving is definitely out for my friends and family this year too. Not worth the stress or hit to the bank. Good luck with the challenge, keep us updated with how it goes!
  • Topic Reply
    👍
    Hi, and I'm Annie. My focus is on helping my children complete their education -- two are in college right now -- and set myself up for a comfortable retirement in about 10-12 years.
  • #SpendingDetox
    👍
    This holiday season, I’m choosing Spending Detox Challenges #1 (Declare a “Zero Spending Zone”) and #4. (Buy Prepaid Cards). With Challenge #1, I plan to limit my habit of online shopping for Christmas by picking four days (November 23rd, November 30th, December 4th, and December 5th) in which I won’t spend at all. The real challenge here is to cut out Cyber Monday - I always head in with plans to buy cheap deals for family and friends, only to spend exclusively on myself. This year, I’m...
  • Stock Market Investing
    I'm pretty new to investing, but here it is so far. VTI: 48.55% ARKK: 12.53% ICLN: 10.51% AAPL: 4.69% MSFT: 8.39% TSLA: 6.45% SQ: 2.46% V: 2.75% AMD: 4.38% Ideally, I would like VTI to be 45%, ARKK & and ICLN to be 15%, though I plan on getting out of ICLN and into QCLN. AAPL, MSFT, TSLA, SQ at 5%, and V & AMD at 2.5%. I am not too confident in V and AMD which is why I have them at low percentages. I understand that they are companies worth having long term, but it doesn't make me...
  • Welcome - Start Here & Introduce Yourself
    👍
    My name is Veronica. I have a degree in Art History with a minor in Dramatic Arts. I'm interested in the learned about investing, side hustles, etc.
  • Topic Reply
    It's an interesting debate. Say if your mortgage rate is 2%, is it worth putting an extra $1000/mo when you could be putting that into an investment portfolio, which will *likely* yield greater than 2% over the course of 10 years? I have decided to NOT pay down the mortgage, but put these extra savings into investments with the goal of pulling out to pay off the mortgage in 5 years. I've decided this for two reasons: 1) Assuming the investments go up 5-10%, that's a few more thousand dollars...
  • Topic Reply
    I got the audio book about 3 years ago. Chris is not narrating, but the narrator has a similar style of speaking as CV and does a good job. There are a lot of great tools in this book that you can use not only in negotiation but in every day life. It's not dense, but there's a lot in there, I find that I'm constantly referring back to ideas and concepts depending on my needs at the time. It's a great book and worth every penny! I would imagine the hard copy would be as good as the audio...
  • Welcome - Start Here & Introduce Yourself
    👍
    Hello everybody my name is Russ from Hamilton, Ontario, Canada. I've been watching MM for about a year now and is hands down one of the most clear, unbiased, and honest financial literacy channels on YouTube. Also love the morning business wrap-up emails. I'm assuming you're all on here because you feel the same, so I look forward to meeting and sharing ideas with all of you!
  • Welcome - Start Here & Introduce Yourself
    👍
    Hello, My name is Simi Vijay a pleasure to be part of this community.
  • Real Estate Investing
    (btw I am terrible at spelling and punctuation) hey my name is Simon and I am 18 years old, I'm interested in getting into the real estate business . I watched one of the Beards videos about side hustles and found wholesaling and work for equity, haven't gotten a deal yet but I'm close! My goal is to own several diverse rental properties. My question, to get financing for a property would I have to wait till I have more income? or do I need more credit to take out a loan from a private...
  • Topic Reply
    👍
    I've been following their channel for 3 years, and I'd like to share my interpretation. Jaspreet usually refers to gold and Bitcoin not as an investment, but as an hedge against inflation and market overvaluation . They look at them as indicators moved by the choices made by "big investors", in the light of their interpretations and predictions on our economy. From this perspective, we have gold close to its highest evaluation in history , and this seems to suggest that big investors...
  • Topic Reply
    I bought some "Amazon's Choice" stuff for my 2 years old niece... I'll try to stick to my commitment throughout December.
  • Topic Reply
    UPDATE FOR MY SPENDING DETOX CHALLENGE: Okay, so, I decided to not spend any money from Black Friday through Cyber Monday of this year. I did not realize how tough this would be... There was so many things that I wanted to buy that weekend I almost lost the challenge I think 100 times lol. However, I stuck it out, and didn't spend any unnecessary money on those days and now I have a ton of cash in my bank account to add onto for 2021 or invest next year, while the rest of my friends are...
  • Topic Reply
    Allow me to ask my crystal ball. I'll let you know what it says
  • Welcome - Start Here & Introduce Yourself
    👍
    Honored to be amongst those who are intentionally about growing themselves holistically in all phase of their lifestyle. My name is Francis. However, I go by Franchize. I look forward to learning and growing within this community.
  • Welcome - Start Here & Introduce Yourself
    👍
    Good Afternoon, my name is Kassandra so happy to be a part of this community. Currently starting my journey in becoming a better version of myself starting off with education. I am eager to learn and thankful to have like-minded individuals to get a head start with. Happy Wednesday!
×
×
×