Financial Literacy

Financial Literacy Discipline Over Dopamine�🎤 Music | 💰 Financial Literacy | 🧠 Mindset�Building wealth. Creating legacy. My name is Lamont Hendricks.

Stop guessing where your money goes 😬  For $9.95, this tracker fixes it.  Budget • Debt • Credit in ONE sheet.  Link in ...
09/17/2025

Stop guessing where your money goes 😬
For $9.95, this tracker fixes it.
Budget • Debt • Credit in ONE sheet.
Link in bio 👇

07/29/2023

With diversification you can take comfort in knowing that when the value of one asset is down others will likely be up The return of the stock market's been very good over time but there's periods of time where it can be quite volatile and so that's where one's financial literacy will hopefully lead to them understanding what instruments are good for short term goals what instruments are good for intermediate goals and then longer term One powerful tool in your plan is compound interest Albert Einstein once stated the most powerful force in the universe is compound interest The best way to take advantage of it is to start saving when you're young and investing strategically after you have your real world savings account ready Over the next few years it's adding hundreds of thousands of dollars Even with all of the recessions and expansions of recent and distant past diversified stock holdings have earned about a 7% real annual rate of return

07/29/2023

You traded all that time for money and it wasn't even a substantial amount either So again you ask yourself how is it then that there are self made millionaires and billionaires at such young ages What makes them so different And the truth is they have a better equation than you They have a way of understanding money that you haven't quite grasped yet Pay very close attention now Stop chasing money In a capitalist society the rules of the game are as follows You are paid in proportion to the perceived value that you have And the people that perceive your value they are the market the consumers of the economy The market is you your friends your family your neighbours your country People complain that football players are overpaid

07/29/2023

You traded all that time for money and it wasn't even a substantial amount either So again you ask yourself how is it then that there are self made millionaires and billionaires at such young ages What makes them so different And the truth is they have a better equation than you They have a way of understanding money that you haven't quite grasped yet Pay very close attention now Stop chasing money In a capitalist society the rules of the game are as follows You are paid in proportion to the perceived value that you have And the people that perceive your value they are the market the consumers of the economy The market is you your friends your family your neighbours your country People complain that football players are overpaid

07/29/2023

Have you been chasing it most of your life Truth is most of what you think about money has been influenced by your upbringing and environment If you were born into a family that didn't have much money growing up then you're more inclined to believe that you will never be in that position again The fact that your school didn't teach you much about this subject doesn't help things And because of this most of you are going to have false beliefs about money that aren't going to help you on this journey Now stick with me here because we're going to have to change the way you've been seeing money your whole life Hollywood has always had a habit of depicting the wealthy and rich as evil backstabbing entitled or corrupt individuals Questioners have you bought into that stereotype

https://youtu.be/cXg2wXwIvzc
06/07/2023

https://youtu.be/cXg2wXwIvzc

Assets are anything of value that an individual or a business owns. They can be tangible or intangible, and they can be used to generate income or increase t...

https://youtube.com/
06/07/2023

https://youtube.com/

The content on this channel is about wealth, money, and growth. We will cover many topics, which include but are not limited to ; stocks,...

06/07/2023

Welcome to my new page for financial literacy. My name is Lamont Hendricks. On this page I will be sharing and providing an abundance of financial information. So please, enjoy and absorb as much content as you can.

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Newark, NJ
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