The Road Ahead - Personal Finance Refresh
Posted on May 31 2020
With 22 million people across the US unemployed as a result of COVID, now is the perfect time to start thinking about personal finances and how to recover from COVID. Take a look below to learn how you can start earning additional money & take charge of your personal finances.
Fly Girl School
One industry that has been hit particularly hard is the travel industry over the past few months. Flights have been reduced by 90%, airlines are offering COLA, VTO, early retirement and furloughs to current employees. If you are like many people reading the headlines and listening to all of the buzz you are probably wondering when are we getting back to normal? How much longer can i afford to be off from work?
Are you curious whether you have what it takes to become a flight attendant? Let this experienced travel agent show you how to prepare now so that when the airline industry starts booming again you can be a part of their network. Jewane has been a Fly Girl for the last six years and has help a lot of people break into the industry. Take a look at her today!
Start a blog
Do you have something to talk about? If so, turn it into passive income. When you publish your content, you can include advertisements within the blog that will allow you to earn money when people click on the ads. There are several companies that offer this service, however one that is easy to get started with is VigLink
VigLink has relationships with well known brands and is sure to have something that your audience can relate to.
If you love the look of Brown Skin Brunch and need help setting up your blog or website, check out The Branded Crush. They are responsible for putting together all of the content that you see on our social media & websites.
Do an overhaul of your finances and take charge of your spending. Check out MJ with Let's Make Cents to take control of your personal finance. She is able to help you with:
- Budgeting: Creation and management of household budget
- Credit Monitoring: Strategies for credit repair and ways to increase score
- Bill Payment: Processing of all personal bill payment obligations
- Financial Coaching: Consultation and analysis of future events (weddings, relocation, large purchases)
- Forecasting: Creation of a realistic forecast for 1, 3, and 5 year financial plans
- Taxes: Preparation and Filing
Invest with Spare Change
Investing does not have to be complicated with hours of research on which stocks to purchase, or when to buy/sell. You can open an account through Acorns and start investing today.
With Acorns your spare change is invested into various options based on your preferences. You can link eligible debit/credit card(s), and each time you use the linked card your purchase will be rounded up. Save your spare change for a year and see how quickly it adds up.
If you want to keep a consistent flow of cash into your account, you can set up Acorns to invest $20 a month for you, which ensures you will invest $240 into your account by the end of the year.
To help kick start your account, we have included a link below to receive $5 when setting up an account. By the end of the year you will have invested $245, in addition to your spare change.