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Apple Is the First Company to Reach $1,000,000,000,000 value + How to Increase Your Personal Value

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It’s official, like a referee with a whistle! Apple just became the first American public company to cross $1 trillion in value. They achieved the big iTrillion on Thursday when their stock passed $207.04 a share. Its new all-time high is $208.38. Great news for Apple and its investors as it is now up more than 20% this year. Some think that Apple (AAPL) needs a new product to keep sales and profits increasing, it is the iPhone 8 and X sales in China and Japan and service revenue from the App Store that gave it its boost.

So how do you boost your personal value? The best way I know is to get a second job or start a business. If that doesn’t do it, then it may be time to trim down on your expenses. Life can be tough financially and the cheaper you can live the better off you will be in the long run. So instead of increasing the amount you bring in try decreasing the amount you pay out.

This will take some sacrifice and discipline but will be worth it. Once you trim the fat and then get used to living this way you will see that you really did not need all those things anyway. People are learning that bigger is not always better because the old saying still holds true, “the bigger they are, the harder they fall.” translation:, The more expenses you hold on to the easier it is to fall flat on your face, but it won’t be a soft fall.

So, where do you start? Well, start by writing down all of your current expenses on a sheet of paper or start an Excel worksheet in your computer. Now comes the hard part, start slashing. Be honest, do you really need all those cable channels when you barely watch anything but the local news? Just get rid of the extended channels and get down to basic cable. You can always get the other channels back when more money is available in your budget.

Mortgage payment too high? Refinance your loan if you can or take in a roommate if you have an extra room so you can earn more money and have some rent coming in.

Netflix and chill instead of going out to the movies. A family of four can go to the movies for right around $70. If you search new releases on Netflix, Hulu, or Amazon Prime and buy microwave popcorn and pop at the grocery store, you could probably save yourself a good $45-$55.

It is the same with going out to eat, learn to cook for yourself and your family. It is not hard to do, and your waistline will thank you for it. If you have to eat out, then make a pact that you will only eat out if you have a coupon to use.

Check your local paper for free entertainment in your area too.

Save money by shopping cheaper and by cheaper I mean by what you pay not the quality of the clothing and food. Shop online too, you usually can save quite a bit of money, especially if you can get free shipping.

Pay yourself first with every paycheck but do not go overboard. Make sure you have enough to get you through the week but keep things basic. Do you really need that Starbucks coffee every morning? Make your own at home.

There are some great suggestions here to help you save money so that it will seem like you earn more money and have more money to apply to bills and debt… What are some other ways you can increase your value?

Ash Exantus aka Ash Cash is one of the nation’s top personal finance experts. Dubbed as the Financial Motivator, he uses a culturally responsive approach in teaching financial literacy. He is the Head of Financial Education at BankMobile and Editor-in-Chief at Paradigm Money. The views and opinions expressed are those of Ash Cash and not the views of BankMobile and/or its affiliates.

The Daily Digm (News)

NYC Introduces Minimum Wage for Drivers + How to Slowly Crawl Your Way into Wealth

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Living in a big city may not be what it’s cracked up to be.  The cost of living seems to be going up while wages are going down. Well thankfully for cab drivers they may be getting some relief. New York City is introducing a minimum pay rate for drivers working for app-based services such as Uber and Lyft. Drivers must now be paid a minimum of $27.86 per hour, or $17.22 after expenses, which city officials say translates to a yearly increase of roughly $10,000. The new pay rates, which will be implemented in 20 days, were criticized by the ride-sharing services. The changes will likely lead to fare hikes for riders, said Uber but drivers are at least happy. But what about another worker?

According to a 2017 CareerBuilder report, 78% of full-time workers said they live paycheck to paycheck. And while the cost of living continues to climb there are ways to get out of this slow crawl to wealth. Here are four tips on getting out of living paycheck to paycheck and live life more abundantly. 

Live below your means. The more we earn, the more we seem to spend. Think about it when you made less than what you make now, you survived. And then when a raise came along or some random lump sum of money like your tax refund you either made a purchase that increased your long-term expenses or wasted it on things that didn’t shift your lifestyle in a financially positive way. Start living below your means. This may look like downsizing your phone plan or apartment. Pretend you have $100 to 500 dollars less than what you make on a monthly basis.

Set Financial Goals. If your money doesn’t have an aim, it will land anywhere. When you have a financial vision, you are more likely to end up where you’d like to be. You are careful enough to put aside tax money, mortgage payments, and other necessities; take the same approach to build wealth.

Aggressively Save. Think of a number that you don’t want to go below when it comes to your savings account. Let’s say you want to have no less than 10,000 dollars in your account. Save until you get there without spending unnecessarily. Remember put aside an amount that you feel comfortable with but an amount that will also get you to your goal in a comfortable amount of time. Once you have arrived, don’t go below it.

Change your words. Words are powerful. Chances are if you’re living paycheck to paycheck, you aren’t able to do things you like. And that can cause stress and discomfort. And you may have the tendency to complain. STOP. Your words have the ability to build up and tear down. Choose to build up with money affirmations such as “I have an endless supply of cash,” “money is flowing to me,” and “I place no limits on the amount of money I can make.” (IG: @paradigmmoney). Before you know it, you’ll be financially free and loving it.

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Amazon Gets Rid of Jobs, Workers Not Getting Raises + How to Get Your Feet Wet as an Entrepreneur

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The unemployment rate is down but who knows how long that will last! Amazon is experimenting with cashierless checkout technology designed for bigger stores, reports The Wall Street Journal. The technology — which tracks what customers pick up off shelves and charges them automatically upon exit — is being tested in a space formatted like a big store in Seattle, as although it works well in smaller Amazon Go convenience stores, it may not work in spaces with higher ceilings and many products. If the technology can work in a bigger space, Amazon will likely roll it out in Whole Foods stores, per the report. This is good news from a convenience standpoint but what about the workers that are being displaced?

Add to the fact that workers are not seeing their wages increase it may be time to start a side-hustle or become an entrepreneur. According to the Washington Post, about 14% of American workers were paid the exact same amount this year to the dollar as they were last year. In spite of a wave of buoyant economic metrics, including an unemployment rate of just 3.7%, U.S. wage growth has remained persistently lukewarm. The difficulties encountered by the 1 in 7 workers who’ve had their earnings stall over the past year are significant because the cost of living rises each year, effectively turning zero-wage increases into declines.

With job uncertainty looming it is time to sharpen up our skills, but it’s always a good idea to get your feet wet first before you fully jump in. As always, we are here to help. Here are some ways to get you started as an entrepreneur:

1. Sell your good-quality, unwanted items.

Since one person’s trash is another person’s treasure, consider selling unwanted items on eBay, Craigslist or other similar sites—it is a great way to begin learning about entrepreneurship. You simply have to take all the stuff that you have laying around the house that you don’t need, and sell it. You’ll learn how to price your items, ship them, and many times how to negotiate.

2. Sell freebies from Craigslist.

Continuing in that same vein…what if you want to keep everything you have? Or what if you just don’t have anything to sell? Well, selling freebies from Craigslist is a great alternative. Just look for free stuff on Craigslist. Some items are in great shape. But if they’re not, spruce them up and resell them either on Craigslist, at a flea market or a garage sale.

3. Sell yourself (not that way).

Fiverr, Elance, Craigslist give you a platform to sell your skills. Have a beautiful voice? Create personalized phone greetings. Are you a wiz at editing videos? Do it for others. Are you knowledgeable about design? Create a logo for someone. The list is endless.

4. Teach classes online.

Teaching classes online is actually a very lucrative business if you can find your voice and audience. How lucrative? It’s a 100 billion dollar industry! If you are particularly good at something, you can create online courses on Udemy or start your own online school using teachable.com or thinkific.com. Though top experts use this as a worthwhile way to earn residual income, everyday Joes and Janes use this as a way to sell anything from how to knit to their mobile app development expertise. Don’t know where to start? As you can see, there’s a class for that.

5. Offer to watch children.

Another way to start your journey as an entrepreneur is to hit up mom and dad. No, not your mom and dad. I mean parents who are busy professionals with small children. They may have to strain to remember the last time they were able to go to a restaurant or spend some quiet time with their significant other. Offering to watch their children can give you a head start on creating your own business as well as a valuable lesson in patience.

6. Become a brand ambassador.

Lastly, becoming a brand ambassador is a great way to not only get your feet wet in business but your knees and thighs too. Whether you have a small or large social media presence, you can use your influence to promote brands and get paid for it. (Make sure you’re only aligning yourself with brands you believe in). Doing this will give you an inside look into how established businesses (and even start-ups) want to portray themselves to the public.

While there are many other ways, those mentioned above are just some to get you started. What are some ideas that you may have? I want to hear from you. Leave a comment below and let me know how you believe that you can start your journey as a business owner/side-hustler.

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Marriott Hit with a Data Breach That Exposes Close to 500 Million Guest + How to Protect Yourself from Data Breaches

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Another One? (DJ Khaled Voice) But this time it isn’t celebrating success as the popular DJ does when he says those two words. This time we are talking about a data breach! According to CNBC Marriott is investigating a data breach of its Starwood reservation system that could have exposed information for up to 500 million guests — which could make it the second-largest breach ever. That data could include passport numbers, email addresses and phone numbers for 327 million people, while others may also have had credit card information accessed. The number of data breaches is on the rise, notes the Financial Times; as of even 2016, cyber security cost companies an average $11.7 million per year. We are not strangers to these data breaches. We reported a few months ago that Facebook was hit with a breach and as a refresher here are four ways to protect yourself:

1. Change your password – I know it can be annoying to have to change your password or remember a new one, but it is important that you stop hackers dead in their tracks. Change your password regularly and make sure you include a variety of symbols, so hackers have a tough time guessing what it is.

2. Create a different username and password – Instead of using your Facebook login for all sites, create separate usernames and password per site. This way the breach doesn’t come from another third party, and you can better protect your account.

3. Set up two-factor authentication – Add another layer of protection to your account. Two-factor authentication It is a setting in Facebook where you can choose either text message codes or a third-party authentication as your primary security method. This way you know when someone is trying to do something fishy with your account.

4. Delete your personal info – The next time you log onto Facebook, take the time to delete some of the more personal information you have shared to reduce your risk of exposure in future attacks.

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