If you're reading this, you're probably sick of being entrenched in that check-to-check cycle.
Maybe you're aware that there aren't really that many fulfilling jobs anymore. You've looked to the path of entrepreneurship, but perhaps you don't have a ton of capital to quit your job and invest in growing your business from the ground up. You don't want to sell a product for someone else, or have to deal with a manager breathing down your neck because their boss is breathing down theirs.
It's a story I know all to well myself and the story of Mustafa Al-azam aka "Moose" of Moose Gang Trading. Trying everything from hustling real estate, to car sales, binary options, seeing people lose it all in the stock market, Moose had his intentions set on finding that freedom horse to hitch his wagon to. The drive, the work ethic was always there; now all that was needed was a platform to execute upon. That's when Moose discovered Forex, and his life was forever changed.
At this point Moose, in a few short years, has turned 10K into over 200K via trading, and has built an awesome mentorship program that is now guiding others on the same success path.
But what exactly is Forex? Can anybody do it? I'll spare you the hassle of the Google search, I asked Moose and he gave a pretty concise breakdown.
Forex is short for Foreign Exchange Market. This is fast paced market, one of the most volatile markets out there. This market has seen an exponential growth in traders being able to trade these markets, as it used to be only allowed/permitted to be traded by the hedge funds, major financial institutions, central banks, and extremely wealthy people. So the average Joe like you and I couldn't trade these amazing markets until recently. With the expanding of the internet age, online brokers were born and they give us the opportunity to trade this extremely lucrative market with a click of a button with super lighting speed to allow us to do all our required tasks with ease. This market allows you to exchange currencies for 24 hours a day 5 ½ days a week! This gives us the time to produce good returns without having to worry about the markets not being opened or closed like the Stock Market.
Forex is the largest market in the world with an estimated $5.4 trillion in traded currencies a day. Now compared to the stock market, which only brings in around $20 billion a year; with that much in difference in traded market values you can see why the Forex market is favored by most investors and keeps rapidly growing. The Forex market is an over-the-counter market or an off-exchange market, which means it's not tied to a contract base or a stock exchange like New York.
As his Mastery of the Wave filled his coin purse, friends in more conventional jobs began to inquire about Moose's fortunes and wanted to learn his new form of alchemic wizardry to build their own freedom. Unable to sit down with everyone and teach them one by one, but wanting to help, Moose Gang Trading was born. For a nominal fee, you receive daily winning trade signals, a full scale academy course on how to make money and master the wave for yourself, daily video updates, one on one mentorship, and access to the group chat, which is possibly the greatest asset of the membership. Everyone in the group shares common goals of improving quality of life, attaining financial freedom, and operating to their fullest potential. Moose says one of his greatest goals is to be a mentor to "that 16 year old kid that's puzzling life, and looking for a better way".
Devoting about 4 hours a day to analysis, and several more hours to reading and watching videos the promote mind state, has become a the basis Moose's daily lifestyle ensuring success in the craft. Lately he's also been super busy working to revamp the site and be able to provide even more value. While it does take some time and possible loss to learn and master the skill, this is something that you can do while leveraging funds even from your 9-5 job, and Moose's site even offers a referral program so that you can earn funds to open and bankroll your trading account. If you can take the time to learn and master the skill it can prove to be invaluable and provide a limitless supply of income (I actually feel like the guy from Limitless when I trade).
The National Financial Educators Council (NFEC) surveyed young adults in 2017 and asked them what high school level course would benefit their lives the most.
The majority responded that money management was the course that would be most beneficial.
With personal debt is at its highest record and COVID-19 threatening to have the hardest economic effects on youth, understanding money and finances is an important life lesson that should be taught to children at a young age.
The following is a list of the best financial literacy lessons and tips to teach children throughout different life stages.
I thought I had a pretty good handle on my finances out of school. I worked several jobs while attending university and had little to no problem managing my income. However, once I graduated, I realized how much more complicated personal accounting could really be.
There were so many variables I needed to keep track of. Biweekly bills, monthly charges, and general necessities amounted to a heap of confusing numbers that were often impossible to decipher. The funniest part was that I was actually trying to do this by hand (I don't know what I was trying to prove to myself, either).
After messing up for the 17th time, I decided to give Microsoft Excel a shot. I used Excel a bit in school and I knew all the big-wig finance people used it, so what could I possibly have to lose? The answer is about six hours of my precious time. Excel isn't much of an improvement over handwriting and it's still dependent on the user to manually input all of the information. It's like doing everything by hand with the slightest help, meaning that it still required a tremendous amount of time and concentration. Well that was all for nothing, I guess.
It's sort of funny. I was certain that I could manage my personal finances with ease, when it's practically a full-time job. I was already stressed out enough with my first job and I knew I didn't have enough time to give my finances the attention it deserved.
That's why I decided to try out a budgeting app. My best friend told me that he uses an app called Truebill to manage his finances. "What does it even mean to manage your finances?" I asked him. He told me that Truebill was the personal financial assistant I wished I could have. It could aggregate all of my account information into one place and give me specific insights and actions.
I loved the idea of having full control over my finances, especially during a time of financial uncertainty, and I realized that Truebill would be the easiest way to accomplish this. The user interface is incredibly simple and intuitive, so it doesn't even feel like a finance app! Truebill offers a multitude of features, with their most popular being the ability to cancel subscriptions with the press of a button.
Okay, I had no idea how many subscriptions I was still subscribed to. In fact, I wasn't even using a quarter of the subscription services I was signed up for. Subscription boxes, streaming services, my old gym, and even an old subscription to my favorite magazine--it was all there and I was livid. How could I let myself waste all of this money and how did I never catch this? Thank goodness for Truebill.
Truebill also offers bill negotiations. There is a 40% fee based on how much you save and Truebill even claims that there is an 85% chance that they'll be able to lower your bill once a negotiation is requested. Why wouldn't I take them up on this? There was zero risk and I would only have to pay once my bill was lowered (which means that I would be saving money regardless).
More standard features of Truebill include the ability to generate a credit report on-demand and even request a pay advance. I only used the pay advance feature once when I wanted to buy a gift for my mom, but didn't have enough cash in hand and Truebill automatically reimbursed itself when I got my next paycheck.
The credit report is another fantastic feature and practically taught me what good credit meant. Truebill's credit report basically shows you which financial decisions have the most significant impact on your credit score and ways that you can improve your credit month-over-month. I've never had such control over my credit and it feels good.
I'll be the first to admit that I was extremely naive coming out of school. I figured that as long as I was attentive, I could manage my finances with ease. We manage money to some extent throughout our entire lives, but once you're thrown out on your own, it's a completely different story. With Truebill, I've finally been able to take control over my finances and stay on top of all of my responsibilities.
My buddies and I always try to make it out to a game, but we never really care which one we end up at. Obviously we have our favorite sports and teams, but it was rarely about what game we went to or who we saw playing. It was about watching the game live.
In the early months of lockdown, all we had was Korean baseball, and trust me, we loved it. The only issue was, none of us had any idea what the commentators were saying. Even then, a few of my friends weren't huge fans of baseball. They were into sports like football and basketball, ones that moved at a quicker pace with less down-time in between plays.
We decided to see if there were any other events going down and came across horse racing. Yes, horse racing. It was perfect--short, fast-paced, and most importantly, an opportunity for betting.
I had never really considered watching a horse race any time other than the Belmont Stakes, but the prospects of the sport seemed exhilarating. Even better, with horse racing we knew we could still recreate the atmosphere of a race track. Salty snacks? Check. Stale beer? Check. A simple and easy way to bet? Check.
One quick Google search later, we came across TVG, powered by FanDuel. It's an online betting platform that takes you right to the heart of the action. We were a little apprehensive about using a mobile app to place our bets, but TVG's ability to bet on live horse races from all over the world was too good to pass up.
Here are 5 reasons why we are obsessed with horse racing thanks to TVG:
1. Betting has never been easier
Use your phone or computer to watch and bet on live horse races in real-time. TVG offers a bunch of features to make betting even simpler--live odds and handicapping tips leverage recent learnings to help you make your best bet. Not to mention, TVG's exclusive race content and wagering guide offers an under-the-hood look into the strategy behind horse race betting.
2. The biggest selection of horse races out there
If you're looking to drop a little dough on a horse race, chances are your best option is your local race track. But watching the same few horses races over and over again isn't the most exciting thing. With TVG you have access to over 150 tracks worldwide with races happening consistently throughout the day.
3. Get a generous sign-up offer when you place your first bet
Once you register your account, you will be eligible for a $200 risk-free bet. All you have to do is place your first bet and you're covered. If you happen to lose, TVG will insure you for up to $200 as a sort of wagering credit. I may have been a little trigger happy when placing my first bet, so having this insurance was a great perk. There are also a bunch of promotional offers available year-round.
4. Making deposits and cashing out at the touch of button
With a ton of payment options such as PayPal, BetCash, debit/credit, wire transfers, and other third-party services, making a deposit is a breeze. But what about the payout? Depending on your deposit method, your withdrawal will be available in a few days. No more waiting in-line to collect your winnings!
5. Watching live races with your friends while betting is exhilarating
Even when we were watching Korean baseball, Zoom calls with my friends were a little dull.
With TVG, we haven't had this sort of fun in months! Every weekend we'll turn on a race and throw our bets in. After a few races, and quite a few drinks, we'll tally up our winnings to see who won the most! Sometimes it's not even about making money, but just having a good time.
TVG is the perfect way to add a little excitement to an otherwise mundane afternoon. It introduced me to the world of horse racing, a sport I never would have considered otherwise.
The races just keep ramping up and thanks to TVG, I can always get in on the fun.