Dolly White

Gotta get rid of distractions and people that no longer have purpose in your life so they can’t interfere with what you deserve ✨

Buy a house and get a 15 year fixed mortgage rather than a 30 year mortgage. Saves a lot of money in interest over the life of the loan. If you must get the 30 year mortgage, verify that there is no prepayment penalty. This gives you the flexibility of paying it off early if you are able. But it also gives you the option of making lower payments when times are tough...

When you start your job, get an HSA account and not FSA and get the high deductible health insurance. It will lower your tax bracket and the money is yours to use. You also earn 40% in most cases after 10k!!!

Never buy a car brand new! I’ve watched Escalades go from 100k (new) to 35k four years later. 🚙

Get you an LLC (incorporate your name!!) and run it as an S Corp. Add yourself and your kids as employees and avoid pay the 15.3% self-employment tax. Remember Jay-Z quote “I’m not a Businessman I’m a Business Maaaaaaaan....” Let that sink in.
Build business credit! The loans are bigger and the interest rate is lower.

Once your LLC has been established you can then hire your children and pay them an annual salary up to $12,400 which serves a tax break for you and lowers your yearly liability, at that point your children can use their earnings to pay for things like their tuition, school trips and any other activity or upkeep that you were originally going to be financially responsibility for so their needs are met, you're assisting them in establishing a good work ethic but more importantly you're decreasing your taxes and keeping more of your earning in house

Get a business bank account (in most cases this costs around $500 to start). Some people got two stimulus checks and the SBA. Also no fees. Recently some got the PPP or EIDL

Go to Community College first and transfer into a four year college (unless you have scholarships to help mitigate the costs) as a Junior. School is a power move you must be able to secure the bag. Majors in STEM will always be needed, are in high demand and the skills can directly help the community. 🎓

Get life insurance for you (whole life) and your children (term) as soon as they are born (one thing is for sure is we will die..might as well leave your kids or family something extra). The sooner you get it, the cheaper it is. And you can borrow against it to fund certain projects. Also, the ones that pay out dividends are the best! They normally are associated with the market (money market accounts). IUL’s are great! 💰

Get the people in your immediate family to save collectively! If 10 people save $500/month, that’s 60k every year. You could buy 3 starter homes (depending on your market) every year and in 4 years all ten of you are home owners. Buy on the same block or neighborhood if you can...this way you control the value of the homes (remember Monopoly!). 🏠

We need to promote financial literacy. Building capital and creating equity to create generational wealth. Having financial freedom is everything! This is not being taught in the school curriculums or our education systems! We must do it ourselves!

***I need 10 people to copy and repost this on their pages and groups and spread financial literacy!

Me:
“I have soo much love in my heart”

Also me:
“f**k EVERYBODY. You, you, definitely you, and ya grandmammy too!”

-Gemini 😇/👺

Crazy how fast that bad karma come ‘round to bite dat ass but good karma gotta accumulate for 30 business days😒

Stg I’m tired of being strong‼️ but I ain’t no quitter either.

You know what you get when someone lets go of your hand? … you get it back.

-Grey’s Anatomy

Idk who needs to hear this but if they’re showing you that they don’t want/value you and you staying anyway… blame yourself!

Sunrise was beautiful this morning 😍 today is going to be a great day 💕😌

HTAFL 🤞🏾

Stg I just super Mario ground pounded the concrete floor in front of my daughter’s school🤦🏽‍♀️😭😭 think I broke my left A$$🥴

Idk how y’all do it going from one failed situationship right into the next 😮‍💨 I’m right back in my “leave me alone” mood… everybody a opp rn to me 😒

I hope this was my last “lesson” 🙄

N!88as will go from Eric bellinger to lil Meech right before your eyes🤦🏽‍♀️

I can’t help my cousin bring the groceries in?? Yea help her bring ‘em in and eat em too idgaf do you boo✌🏾🥾