The world of insurance is complex and can be difficult to navigate. There are many different types of insurance. There are life, auto, bike, property, and renters insurance, just to name a few. If you can afford it, I guarantee that there is an insurance company or bank that is willing to insure anything you want. Back in 2004, supermodel…
Many people mistakenly confuse resilience with determination, but they are very different. Determination is described as “firmness of purpose.” While resilience is described as “the capacity to recover quickly from difficulties,” Resiliency is one quality I’ve put a lot of effort and energy into improving over the years. I’m not where I want to be yet, but I’m continuing to…
The inspiration for this blog post came from a conversation I was having with my cousin. The conversation was very insightful, to say the least. Before I go into the inspiration of our conversation, I will paint a picture of who she is for context. Paige is a twenty-three-year-old young woman born and raised in Canada by Jamaican parents. She’s…
If you’re not familiar with FIYUMONEY.COM, it is a personal financial blog I started in April 2020. There are many personal financial blogs and resources out there that talk about the technical aspect of personal finance. At the same time, not many blogs approach personal finance from an emotional standpoint. Which means many personal financial “gurus” assume that people make…
Many of us struggle with saving or wish we could save more. We know that it is important, and we tell ourselves that we will get to it eventually. Even if we do get to it, we start for a while and then later abandon it like a New Year’s resolution. These ten tips can help anyone, no matter where…
You may have kept a diary as a child to record your daily activities and vent about siblings and parents annoying you. Some people keep a journal as therapy to explore their thoughts while going through a difficult or a transitional time in their life. Even if you have never kept a journal or a diary, the idea is not…
Investopedia.com describes personal financial literacy as “the ability to manage personal finance matters efficiently, and it includes the knowledge of making appropriate decisions about personal finance, such as investing, insurance, real estate, paying for college, budgeting, retirement, and tax planning.” It’s easy to be intimidated by all these areas of personal finance. Some people decide to ignore them and take life as it comes….
Congratulations, if you are reading this, that means you are taking an important step in improving your financial life. Budgets aren’t only for governments, businesses, or the financially savvy. Everyone can benefit from knowing how to create a budget. A budget is a road map and blueprint to your financial goals. It also helps you target and stay on track…
Rohman Rory Hemley