In this article, we're going to explore some of the uses and theories behind social currency, which is greater than money on its own. If one were to lose a fortune, but maintained high social currency, new fortune is never far away. Take Kanye West, for example, who lost $13 million of his own money on his initial failed clothing line attempt. He then leveraged the Yeezus tour to a $25 million gross, plus a new, more lucrative and creatively free venture through Adidas.

I'm here to demonstrate that through a strong identity, sense of purpose, finesse and craft, you can build or become a part of a community that forms a tribe around you.

Fans and supporters find an identity through the affiliation with an artist, tribe, or brand. Their subsequent conversation is based on the shared reality that gets created by an artist's world. There's utility to the art and the music (or whatever the product may be) — the tribe uses it to get by, to celebrate, to drive and so on. Advocacy comes in the form of support, of spreading the word, of coming out of pocket for concerts, merchandise, and whatever other way the tribe can extend itself on behalf of their leader. This is why Chance the Rapper, for example, is able to tour and build wealth without a record label, or without even actually selling music. Chance redirected the conversation and chose his terms in the form of advocacy from his crowd, and the decision has paid him well. Of course, crucial to all of this is a means for your tribe to share and receive information. In our era, we're blessed with social media, which allows us to access and build our tribe in new and streamlined ways, but the psychology behind social currency is as ancient as we are.

Even the Medici family was aware that money alone would not protect and prolong the wealth of the family. Something else was needed in the mix: social currency. Through the funding of the arts, humanities and architecture, the Medici clan would win over public favor that would've turned to malice against their considerable wealth and political influence. They aligned their brand with lofty ideals, on which the conversation and advocacy became based.

Dwayne "the Rock" Johnson may be a favorite case of mine for social currency. After going through a few different character phases — the "Rocky Maivia" phase, the "Nation of Domination" phase, and a run as a heel, the Rock would find the ultimate sweet spot in a role that embodied all of his best qualities. Even when booked as a "heel" or bad guy, the crowds would cheer for him. This would lead to merchandising of all sorts, too many headline spots to count, and the Rock rising to the top of his profession. But Dwayne Johnson didn't stop within his industry. Because with social currency, you connect with people on a different level. The Rock's tribe would follow him beyond professional wrestling. He leveraged the social currency into a world record $5.5 million for an actor in his first starring role, a New York Times # 1 best seller, and a bevy of other boons. All this is possible because of "the millions and millions" that constitute the Rock's tribe, huddled around his mission to entertain and to inspire.

Social currency is more powerful than money by itself. Presidential elections in America are prime examples of this. Barack Obama would use this and the strength of his tribe to leverage a shoe string campaign budget into the millions needed for success. And even the act in itself, of the tribe rallying together to achieve a goal for their leader achieves an upping of the stock of said leader.

And the loss of social currency is worse than the loss of money. This is not to say that lost social currency can never be won back. But it is a great and difficult undertaking. Even Machiavelli would have to use his own exile to rebrand himself and create the type of social currency that would leave his name echoing through the annals of time.

So what about one trying to build social currency from the ground up?

There are two young ladies emerging from the NYC scene who are prime examples of social currency at its finest use. DJ Boston Chery and Chelsea Reject are crushing the scene and using that to build their tribes and take themselves beyond.

I know firsthand how Chery's charming personality has made her magnetic. Her parties continue to be ever growing family affairs. Everyone there is an up and coming celebrity and everyone is family. She's been uniting different brands, different artists, different movements, all under love and through music. She's the quintessential "Charmer" as described in Robert Greene's The Art of Seduction. Greene's annex to that book, The Soft Sell, which focuses on seducing the masses, is what Chery does from the heart. From carefully selecting venues to curating the artists who perform, she sets and controls the vibe for her tribe to which to rock and grow. She's just focused on doing her thing. And of course, her tribe feels that, and they rally behind it, because it's real.

And then we have Chelsea Reject, elusive but powerful. Chelsea has a way of keying into the struggle and the soul's desire to overcome it, which instantly connects with people. And her shows and events seem to bring people together so that they can share in that same hope. Her tribe rallies around her own rise, as it represents the hope that we all can. Her elusive nature only feeds into the frenzy. There's an anticipation you can feel in any crowd as her tribe anxiously sits through the other acts, waiting for their leader to come set the stage ablaze. Both Chery and Chelsea are leveraging their growing social currency into opportunities that see them traveling and excelling in their craft all around the world. I'm excited to see what they continue to turn it into.

Build your own brand, based on the principles and values that mean the most to you. Do what you love and focus on the people who love what you do.

The greatest user of social currency that I know of, once convinced his tribe of over 250 million people to rally around his cause of a bloodless revolution. They'd go on to defeat the most powerful army of the time, without a single bullet flown. The key to wealth, power, influence, access, and even large scale change is social currency. And to quote the great Ghandi himself "Be the change you wish to see."

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Home garden and porch

As anyone who has ever sold a house will tell you, you must prioritize curb appeal. Before a potential buyer even considers looking inside your house, they notice the outside first. Does it attract the right kind of attention? Does it take away from the feel you're going for? If you plan to sell sometime soon, you must think about these things. Here are some landscaping options to increase your home's curb appeal, so you can get the best price on your home.

Extensive Plants and Greenery

A barren front yard won't get you the price you want on your home. So, invest in at least a little bit of greenery to keep the surrounding area from looking too dead. Shrubs and bushes tie the house to the lawn that precedes it, and flower beds bring a pop of color to an otherwise drab structure. You can also strategically plant some trees to improve the overall feel of your home's exterior.

Lawn Care

As we mentioned, your lawn is one of the most prominent features of your home's exterior. A patchy, dried-up lawn will quickly drive your home's price way down. Some of the best landscaping options for your home's curb appeal involve improving your lawn for the next inhabitant. Overall fertilization, ground aeration, underbrush removal, proper mowing—all of these lawn care tasks contribute to a greener and more lively area that invites people to see your house, rather than stay away from it.

Paved Pathways

There's nothing like a broken and disheveled pathway to make someone think twice about buying a property. Just as you want the entryway in your house to be welcoming, so too should the pathway leading up to the house be inviting. The pathway from the street to your front door provides plenty of real estate to get creative with. You don't have to settle for a boring concrete pathway. Consider something more eye catching, like a cobblestone path or intermittent brick patterns, as a way to better welcome potential buyers.

Usable Outdoor Furniture

Landscaping doesn't just involve the ground you walk on; also included are the items you use as extras to the overall look. Outdoor furniture is one such extra that you don't necessarily need but can look quite attractive if done correctly. Staging is important with outdoor furniture. Old, broken-down pieces will only look like more work to the potential buyer. A few comfortable chairs, a bench, or a table with an umbrella really go a long way to improving your outdoor aesthetics.

A good tip for deciding on curb appeal items is to decide what you personally would want to see as a part of a welcoming home's exterior. You don't need to go overboard, but a little bit of forethought could net you quite a lot of extra cash in the sale.

Unfortunately, giving back can sometimes go haywire. If you're ready to make a donation, first consider common mistakes made when giving back.

Many people strive to support their community by donating their time or their money. When you find a meaningful cause, you might be quick to cut a donation check. Though it's admirable to be quick to act charitably, you should be wary of several common mistakes made when giving to charity. Being mindful of these mistakes and learning tips for making informed charitable choices can help you make the most out of your generous check.

Acting Quickly Out of Emotion

Mission statements are meant to be compelling. If you're an emotionally driven individual, it's natural to pull out your wallet at the sight of a sad puppy on TV or when informed about food insecurity over the phone. Unfortunately, not all charities are as effective or official as they may seem.

Take your passion for helping others one step further by making sure your chosen charity is legit. Speaking with a representative, reviewing their website and social media accounts, and looking at testaments online can give you a better idea of whether the organization is worth your donation.

Forgetting to Keep Record of the Donation

Don't forget that you can reap some financial perks from giving back! With the proper documentation of your donation, you can acquire a better tax deductible.

If you donate more than $12,400 as a single filer or $24,800 as one of two joint filers, you're eligible to deduct that amount from your taxes. So, when a charity asks if you'd like a receipt of donation, always answer yes.

Donating Unusable Materials

Most charities can utilize a monetary donation—it's the physical donations that usually cause some issues. Providing a local nonprofit with irrelevant materials or gifting them with unusable products are surprisingly common mistakes made when giving to charity.

Always check your intended charity's website for a list of things they do and do not accept. The majority of places will provide a guideline to donating or offer contact information to clarify any questions.

Strictly Giving at Year's End

As more and more people get into the holiday spirit at the end of the year, nonprofit organizations see an influx of donations. While it's great to spread holiday cheer via a monetary donation, it's important to keep that spirit going year-round.

With regular donations, charities can more effectively allocate their annual budget. Setting up an automatic monthly donation with the charity of your choosing can maximize your impact. You can account for a monthly donation by foregoing a costly coffee every once in a while.

Knowing how much you should spend on home maintenance each year is hard to figure out and may be preventing you from buying your first home. The types of costs you'll incur depend on the house you buy and its location. The one certainty is that you should start saving now. Read on to figure out how much to start setting aside based on the home you own.

The Age of Your House

Consider several factors when budgeting for home repairs. If you've purchased a new home, your house likely won't require as much maintenance for a few years. Homes built 20 or more years ago are likely to require more maintenance, including replacing and keeping your windows clean. Further, depending on your home's location, weather can cause additional strain over time, so you may need to budget for more repairs.

The One-Percent Rule

An easy way to budget for home repairs is to follow the one-percent rule. Set aside one percent of your home's purchase price each year to cover maintenance costs. For instance, if you paid $200,000 for your home, you would set aside $2,000 each year. This plan is not foolproof. If you bought your home for a good deal during a buyer's market, your home could require more repairs than you've budgeted for.

The Square-Foot Rule

Easy to calculate, you can also budget for home maintenance by saving one dollar for every square foot of your home. This pricing method is more consistent than pricing it by how much you paid because the rate relies on the objective size of your home. Unfortunately, it does not consider inflation for the area where you live, so make sure you also budget for increased taxes and labor costs if you live in or near a city.

The Mix and Match Method

Since there is no infallible rule for how much you should spend on home maintenance, you can combine both methods to get an idea for a budget. Average your results from the square-foot rule and the one-percent rule to arrive at a budget that works for you. You should also increase your savings by 10 percent for each risk factor that affects your home, such as weather and age.

Holding on to savings is easier in theory than practice. Once you know how much you should spend on home maintenance, you'll know what to aim for and be more prepared for an emergency. If you are having trouble securing funds for home repairs, consider taking out a home equity loan, borrowing money from friends or family, or applying for funds through a home repair program through your local government for low-income individuals.