The Dividend Diva

https://www.forbes.com/advisor/banking/savings/average-american-savings/

American Savings By Generation: How Balances And Goals Vary By Age In the face of high interest rates, the rising cost of living and other financial challenges, saving money has never been more critical. For many Americans, however, the ability to save is becoming a luxury. Forbes Advisor's latest survey reveals trends and patterns regarding how four key generat

Yet another reason to leave the cards alone.

Retailers now charging upwards of 35% interest on credit cards Macy's just sent customers a letter alerting them its APR is jumping to 34.49%.

I dare you to read this and not think twice about credit card debt.

Food for Thought...

'You can't outearn stupidity': Dave Ramsey explained why teachers — with a median salary of $61K — become millionaires so often. Here's what we can learn from them As it turns out, there's lots you can learn from teachers.

Just here to celebrate my single moms WHO HAVE WORKED ON THEIR NET WORTH!

Please share this post!

Dear FB Family,

You knew it wouldn’t be long!! Sigma Gamma Rho Sorority Inc. is in partnership with CHASE Bank to improve our personal and collective finances.

I need these classes filled to capacity (1000 max) each Monday. Invite your friends and family. Let’s learn and grow together! Register today and encourage me with a ✅.

Money Mondays Get your money right with Chase's Your Financial Journey Series.

Did you see that Americans have $1 trillion dollars in credit card debt? You do not have to be a part of that statistic. It is possible to live without credit card debt.

A careful plan and adherence to it is the first step in learning to live within your means. Using credit is just promising away money you haven’t made yet with interest rates you can rarely make anywhere else.

You can do it! The journey can start today!

https://www.synchronybank.com/blog/median-retirement-savings-by-age/?utm_campaign=29123232&utm_medium=paidsocial&utm_source=facebook&utm_content=362791967_554594893_184388174&sitecode=CB_CS_SM_ALL_NA_MR_MM_NA_BL533&dclid=CIG7-IqtvP8CFZcC0AQdk3EDKg&mibextid=Zxz2cZ

What's the Median Retirement Savings by Age? Understanding the median retirement savings by age is just the first step in planning for retirement. An analysis by the federal government found that Americans' average retirement savings are insufficient—and many people have no retirement savings at all.

Let’s Talk Finance!

It’s ok to ask for help. You have suffered in silence and now look at this mess you have found yourself in. You are now praying for a miracle for something you knew was coming and something you could have planned for.

Consult a financial advisor that get results. If you haven’t figured your money out yet, it’s time for some help. No more shame, no more payday loans, no more anemic budgeting, no more excuses.

Progress can begin immediately. Using the money you make right now.

Sheesh! Remote work has definitely become a "thing" for many of us over the last few years…

This survey stat in Inc. dropped in 2021 (one year post-Pandemic).

But now that we’re in 2023… I had to take it to the Dream Catcher streets to see how y'all are feeling now?!

*If you’re remote, share your industry for those of us interested in moving in that direction…

Let me know in the comments your take on remote work life: Don't want to give it up? Looking to find remote work? In the office (FT or hybrid schedule) and loving it? Never left office life?

Student Loan Cancellations! I am seeing more and more people post cancellations and debt forgiveness announcements. If you are one of these fortunate souls, consider doing the flowing:

1. Celebrate the Gift.
2. Contribute for the Gifted.
3. Change the Next Generation.

😂😂

Interest Rates Check Up.

Savings Rates have not been very kind to savers in recent years. However, now is the time to take some time and check saving and CD interest rates. There are some very favorable rates and promotions that may benefit some of you.

Well Wealthbuilding Family…I have been away during the month of February. Black History Month took me all the way to Africa this year! I learned so much and I am inspired to help families win financially even more.

I have returned and I am ready to get back to talking finance! Let’s get ready for Five Minutes of Finance and regular tips of the day starting tomorrow.

When you stay together through the come up…

On our way ❤️🥑 ❤️
Dress by
Suit by

Happy Friday! Pay your future today.

Make sure some of todays spending includes something that will benefit you in the future.

Contribute to your long or short term emergency fund.

Invest in stock market

Contribute to retirement

Invest in your small business.

Financial Tip of the Day:

Automate your savings! Yes, set yourself up for success. Why?

1. Automating your savings takes the agonizing decision of whether to save or do something more immediately satisfying away from the decision maker.

2. Allows you take advantage of compounding interest by consistently building your principal.

3. If you LEAVE it alone, will illustrate growth almost instantly.

NOTE: it’s not how much you save it’s how much you leave alone to grow. Lower the amount of need be to stop the transfer phenomenon. 😂

Tuesday Teaching: Generosity is the best way to create increase. Lack send us a message that makes us hold whatever we have close. I can only encourage you to be generous, it will impact your money immensely. Just watch.

Today: Bless Someone. You Decide How.

Treat the person behind you in line.
Send the school office a snack.
Offer a single parent some alone time. Schedule it today.
Do a favor for an elder especially one who is not as mobile.
Pay a bill for someone you know is struggling.

Check in when done and let me know how you feel.