Building Wealth with Vedrick

Building Wealth with Vedrick My mission is to ERADICATE financial illiteracy worldwide. It's time to close the gap between those

I don't know if you heard or not, but I've started teaching people the things about money they didn't learn in school. I...
02/20/2024

I don't know if you heard or not, but I've started teaching people the things about money they didn't learn in school. I wanted you to have a copy of the book I teach from. You can download an eBook version al.http:// http://cyl.howmoneyworks.com/vedrickdunbar
After you check it out, let me know your thoughts. Thanks.

Your credit score is a number that reflects how likely you are to repay loans. The higher the number, the better chance ...
03/05/2023

Your credit score is a number that reflects how likely you are to repay loans. The higher the number, the better chance of getting approved for loans and other financial products.

It’s important to understand what your current credit score is and what it means for your future. That way, you can take steps to improve it if needed.

You want a good credit score so you can get approved for more things in life – from buying a house or car, to renting an apartment or even applying for jobs!

But sometimes bad habits like maxing out cards or being late on payments can hurt your chances of improving that number.

Having a financial professional in your corner can help boost your chances of turning around your credit score.

How the wealthy think.“I may not have learned about personal finance in school, but with the right information, the econ...
10/31/2022

How the wealthy think.

“I may not have learned about personal finance in school, but with the right information, the economic crisis of financial illiteracy doesn’t have to be my personal crisis.”

Your estate plan is how you protect your wealth, your family, and your legacy when you die or if you become incapacitated.

A budget gives every dollar a job and can help you to avoid overspending and getting into debt. Budgeting allows you to ...
10/24/2022

A budget gives every dollar a job and can help you to avoid overspending and getting into debt.

Budgeting allows you to allocate your income towards essential expenses and set aside money for future goals.

When creating a budget, be realistic about your income and expenses. Revise it from month to month as you gain a better understanding of your spending habits.

As your spending habits change over time, so should your budget.

Remember to leave some room in your budget for unexpected expenses, and also for enjoyment – after all, a budget that is too restrictive will be difficult to stick to.

By setting realistic budgeting goals, you will gain greater control of your finances and reduce stress in achieving your family's financial goals.

Most people are familiar with life insurance as a way to protect loved ones in the event of our death. But life insuranc...
10/08/2022

Most people are familiar with life insurance as a way to protect loved ones in the event of our death. But life insurance can also be an important tool in estate planning.

Passing on an estate can involve many different factors, from probate to taxes to legal fees.

An estate plan can help you navigate these complex waters and ensure that your assets are distributed according to your wishes.

Life insurance can also help to cover any debts or expenses that may be incurred after your death.

As a result, life insurance can be a valuable tool for ensuring that your loved ones are taken care of financially after you are gone.

This is crazy! They don’t teach us this stuff so we have to take the time to educate ourselves! 👀Over 5 Billion people i...
08/14/2022

This is crazy! They don’t teach us this stuff so we have to take the time to educate ourselves! 👀

Over 5 Billion people in the world are considered financially illiterate.

That references the shocking results of a recent global study that used a basic money quiz. It revealed that the vast majority of people from countries all over the world were unable to correctly answer a few simple questions about money.

But here's the good news: with knowledge and action, we can change these numbers.

Working with a financial professional to develop a plan that meets your unique needs and goals is a great way to get started.

They can help you lay the foundation for a lifetime of financial stability so there is one less sucker in the world.

Compound interest is a powerful force, and if you start saving early and often, you can reap its rewards.With compound i...
08/10/2022

Compound interest is a powerful force, and if you start saving early and often, you can reap its rewards.

With compound interest, you earn interest not only on the money you've saved but also on the interest that it has accumulated. This can help your money grow at an exponential rate.

If you took a single penny and doubled it every day for a month, you would have $5,368,709 by day 30. If you asked the same question, but changed the doubling time to just 27 days, you would only have $671,088.

Don't leave millions on the table. The sooner you start, the more time compound interest has to work it's magic.

"Paying yourself first" is all about saving money before you spend money. Even on your monthly expenses or discretionary...
07/30/2022

"Paying yourself first" is all about saving money before you spend money. Even on your monthly expenses or discretionary purchases.

The goal is to ensure that you have enough money set aside for retirement and your long-term goals.

By opting to put your money into a variety of savings vehicles or retirement accounts, you can help make sure that you have a cushion to fall back on in retirement or in case of an emergency.

So if you're looking to take control of your finances, remember to pay yourself first.

No one knows when a financial emergency will strike. Americans at all income levels have unfortunately experienced finan...
07/26/2022

No one knows when a financial emergency will strike. Americans at all income levels have unfortunately experienced financial challenges after unforeseen events.

But there are a few simple steps you can take to help shield your family from financial hardship. First, steer clear of high-interest debt. If you're already in debt, work on paying it off as quickly as possible.

Second, always have a plan in place for your family. If something happens to you, your loved ones should know what to do and how to access your finances.

Finally, have a cushion to pull from rather than dipping into your retirement fund. This will help you stay afloat financially until you're able to get back on your feet.

Preparing for the unexpected isn't always easy, but it's worth it to feel prepared for whatever life throws your way.

Everyone's financial situation is unique, and at different points in our lives, we all need financial advice.Whether you...
07/24/2022

Everyone's financial situation is unique, and at different points in our lives, we all need financial advice.

Whether you are just starting out and trying to save for a down payment on a house, or nearing retirement and want to make sure your nest egg is secure, financial professionals can help us to plan for our future during times of uncertainty.

Financial professionals can work with you to adjust your budget, recommend specific financial vehicles, and even help to plan for rising costs.

While we may be more likely to seek financial advice during major life transitions, such as losing a spouse or having another child, it's important to remember that financial planning is a lifelong process.

By working with a financial professional, you can ensure that you are always on the right track toward financial security.

We get it. It's hard to remember everything.We all know that forgetting things is a pain, essential items like financial...
07/19/2022

We get it. It's hard to remember everything.

We all know that forgetting things is a pain, essential items like financial decisions. But it doesn't have to be!

With this book, you'll get all the reminders for important Money Milestones that could help you achieve your goals and stop being a sucker!

HowMoneyWorks: Stop Being A Sucker is the perfect book for anyone looking to gain financial literacy. With our book, you'll have the tools you need to take control of your finances and achieve your financial goals! This book is jam-packed with information on how to manage your money, reduce your debt, and save for the future.

Here's the best part: I'd like to get you a hard copy of the book completely FREE. (yes, really, it's free!) All you have to do is message me for a copy.

So if you require some important reminders for your financial goals, grab a copy of HowMoneyWorks: Stop Being A Sucker and achieve your Money Milestones.

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8081 Philips Highway Ste 22
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32256

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