Moore Financial Services, Inc

06/27/2023

“Not every issue can be solved with a simple emergency fund.” Read my article to discover two ways to prepare for financial emergencies.

So the best way to deal with one is to prepare for it in advance. Below are two extremely effective and relatively easy steps that can help you prepare so that when something does happen, your financial strategy isn’t thrown into disarray because of unplanned expenses.

05/27/2023

Are you on track to become wealthy? There’s a simple way to find out—the Rule of 72! Check out my article to discover how this simple mental math shortcut can help you make better financial decisions.

Will Your Savings Become Wealth? May 4, 2023 The Rule of 72 Inflation Wealth Saving Not sure if you’re on track to become wealthy? The Rule of 72 can help! The Rule of 72 is a simple mental math shortcut that estimates how long it could take your money to double. This is what it looks like… 72 ....

05/19/2023

“It’s a simple, elegant, and fun business model that can potentially generate extra cash flow.” Discover how your thrifting hobby can make you money! https://wealthwave.com/richmoore/blog/how-you-can-make-money-by-thrifting

05/18/2023

Because the Sucker knows little about money, they see it only as a necessary evil. But the Wealthy know money creates opportunity. Read my article to discover why knowledge makes all the difference.

The Knowledge Gap May 18, 2023 Financial Literacy Knowledge separates those who take advantage from those who are taken advantage of. Why? Because knowledge translates to action. This is especially true when it comes to money. Think about it. The Sucker “knows” just a few things about money… ....

05/13/2023

“Scroll through the apps on your phone. Are there streaming, dating, or wellness subscriptions that you pay for but never use?” Read my article to discover how subscriptions can reduce your cash flow!

A recent survey revealed that 83% of respondents underestimated their subscription spending by a wide margin.¹ On average, they thought subscriptions only cost them $80 per month. In reality, it was over $230.

05/12/2023

Here's the problem—it's almost impossible for your emergency fund to outgrow inflation.

Why? Because above all else, your emergency fund must be both accessible and stable. What good is an emergency fund if you can't use it in a pinch or if it gets leveled by market fluctuations?

And good luck finding an account that's accessible, stable, AND pays interest that's greater than inflation. In today's climate, it can be difficult to find a "high interest" savings account that pays more than .5%. Read that again. Not 5%. Point 5 percent.

The question then, isn't if your emergency fund can outgrow inflation. It's about minimizing the damage.

Here are two ideas that may make the difference between financial success and disaster in the face of emergencies…

1. Increase your income

2. Split your emergency fund

Read my article to discover more!

Protecting Your Emergency Fund From Inflation May 11, 2023 Emergency Fund Inflation Wealth Your emergency fund may be rapidly losing value. Despite your best efforts and planning, you and your family’s first line of financial defense might be eroding day by day. And it’s all because of inflation...

05/11/2023

The secret behind entrepreneurial success? Properly aligned emotions. Check out my article to discover why… and how to leverage emotions to help you build a business.

But raw reasoning doesn’t sustain you through seasons of hardship and doubt. Far from it—the numbers may actually lead you to quit prematurely.

05/06/2023

Even if buying your first house isn’t possible right now, there are steps you can take that can position you for homeownership in the future. Read my article to discover what those steps are!

2020 witnessed home prices soar by 15% to average more than $320,000–a prohibitive price for many seeking to buy their first house.¹

05/05/2023

“Simply put, building a business can create an income stream equal to living off the interest of your savings. ” Read my article to discover how!

Why the Wealthy Start Businesses January 26, 2023 Entrepreneurship Wealth Retirement It’s a fact—the wealthy start their own businesses. Here’s a breakdown of the top ten richest people in the world… One investor. One sports team owner. One heir. One business magnate. Six entrepreneurs.¹ Th...

05/04/2023

“In general, a passive income is cash flow that requires little to no regular effort to create and maintain.” Read my article to discover more!

If you’re like many, that sounds exactly like what you and your family need! Who wouldn’t want some extra money coming in? It might seem like pie in the sky, but it’s not a fantasy.

05/01/2023

“Demanding perfection from yourself and others is a surefire way to be consistently disappointed.” Read my article to discover the danger that perfectionism can pose to your career!

But, as with any journey, you’ll face hazards and setbacks along the way. Here are two potentially harmful mindsets that can become roadblocks to your professional success,

05/01/2023

“The takeaway is that you can never ignore the impact of inflation on your goals for the future.” Read my article to discover how urgent it is to start preparing for inflation today!

How Inflation Eats Up Your Savings February 23, 2023 Inflation Financial Literacy Long-Term Inflation is financial erosion, a slow and steady force that eats away at the value of money—YOUR money. Here’s how it works. The trend is that over time, the prices of goods and services tend to rise. As...