BoiledNotFried

There’s nothing more deceiving than one’s looks. No matter how much I emphasize, “Don’t judge a book by its cover” the lower and middle class abandon this rule the most. A family in the United States needs an annual income of at least $421,926 to be in the top 1% of earners, according to the […]

If business was only about numbers and stats, we wouldn’t be anxiously selling on bad news and buying on promises. The stock market is all driven by emotion, plain and simple. The amount of publicly traded companies has substantially declined over the past few years due to an illegal monopolistic system. This makes shareholders, stakeholders,

While managing your portfolio, there are countless factors to take into account. Everything from risk tolerance, age, short and long-term goals, and most importantly how much time you are willing to spend monitoring the market and indexes or rather pay upwards of a 4% fee for a broker to make the same bets you could

During any financial collapse, race, bet, there are always winners and losers. What tends to happen during all of these situations is that lower to middle-income families suffer and loose the most almost every time compared to wealthier Americans. History has not learned its lessons and it continues to repeat itself, just now in virus

I can’t believe it but it is almost the end of the fall semester at NYU. Typically when time flies by that means everything was joyous and splendid but with Zoom fatigue and massive burnout each night I lay my head on the pillow, I wouldn’t say it’s been honkey dorey this whole time. Yet,

These days, financial burdens and mental health are usually the key suspects when examing the skyrocketing rise in suicide rates during the pandemic. Although these do account for a hefty percentage of the cause of these deaths, there are unexpected platforms that don’t seem to do damage because everyone hides their true selves here. I’m

If you want your money to work for you not to you, you have to invest in non-depreciating or inflationary places. With a cherry on top, you could also pay little to no taxes. So what’s the catch? Hiding your money in Nicaragua to avoid taxes? No don’t worry, that’s only for the ultra-rich. We

As a teenager, I’ve been privileged to grow up in a predominantly wealthy neighborhood a few miles north of New York City for most of my life. Traditionally, it is most common to have families live here for generations, inherit estates and businesses, and grow up in 17th-century cottages. I may or may not have

We all know that the best investment is in ourselves. Taking the initiative to learn, make mistakes, be okay with embarrassing ourselves, and have endless curiosity will lead to the farthest results. As a college sophomore, I have doubts about how long this can actually last. Once I graduate, I’m dropped into the workforce and

Credit card companies want to make it easy for you to use your card. They could care less on how much you spend. They just want you to go on endless shopping sprees so you eventually miss a payment and patiently waiting to drop a fee. That’s how businesses work. They make money through a

I wouldn’t consider myself a tomboy but I’ve always had a specialty for identifying what brand a car is just from the logo or style of the lights. That is my special talent besides picking out a demented Elmo pasta from my mac n cheese. Is it just me or do you see different types

The hardest part about accumulating wealth is accepting and convincing ourselves that the rich do not act like the stereotypical rich. Hollywood glamorizes the rich lifestyle full of Lambos, champagne, and fame but that is the poorest and wrong way the rich live. In order to be wealthy, you need to establish a professional rapport

As we age, the type of insurance we need to obtain varies greatly depending on our health, housing, financial, and life situation. This means insurance plans not only get more complicated and expensive, they become harder decisions that we don’t want to face until something bad really happens. Since insurance falls under the taboo subject

Especially this year, we cannot wait until the New Year but when we establish unrealistic resolutions from losing 20 lbs to wanting to love living frugally, those are the last things we want to think about especially when Valentine’s Day, the chocolate food coma comes into play or Coachella busts our wallet. We are upset

What will forever be certain is that we always need a place to live. Most of us choose the places we live not for the weather, food, culture, or people that are there but because we need to work nearby. The closer we are to work, the easier our lives are and as a result,

There are a lot of problems, questions, and false assumptions we have about managing our money. We don’t know where to start and if we are doing anything right because the internet has only made our lives more complicated. Tech hasn’t necessarily simplified it and given us straightforward answers. Although I’m a teen, at 13

We don’t talk about things that are uncomfortable and not common becuase why waste your time arguing, making your life worse? But it is actually costing you more than you think and simply doesn’t make cents, without the s. Still today, money is one of those topics that is known as the classic taboo for

There is a stark difference between being a cheapskate and strategically cheap. One will allow you to keep your friends and self-esteem the other will quickly vanish them. As a teen, it is hard not to be like everyone else. This is at a point in time when we are just trying to find ourselves

The USA, the land of opportunity and freedom for all. We’re getting there… Achieving financial freedom can be a liberating feeling, the same emotions my grandparents had when they crossed the Atlantic Ocean as immigrants. But it is even a better feeling becuase you know you are now in control and you don’t owe anything

With the amount of information and resources online, whether hiring an advisor is worth it to the trendiness of Robinhood, it can get confusing where in the world to place your money and let it grow. Let’s face it, if there was less out there to research, scroll, wonder, and contemplate upon, we would have

When you think of finance, usually the first things that come to mind are the most lucrative jobs that are unrealistically displayed in the movies. These include traders, investment bankers, or hedge fund managers that are associated with burnout, long grueling hours, no life, and only living a temporary lifestyle they want to abandon once

Every job requires different skill sets, expertise, experience, knowledge all that jargon that we try to attain in order to be prepared to apply for a position. What if I told you that the boldest move you could take was applying for a position that listed experience that you don’t have? To be honest, I

It is reasonable to say that no men will read this article becuase well, the word, ‘women’ is used in the title and as a female writer, they are unlikely to check it out. Just like any financial blog, channel, or resource this is common. If it is made, directed, designed, you get it, by

Since I started writing back in June, I’ve been a prevalent advocate for promoting financial and digital literacy amongst females to help break this gender gap that is frankly not getting slimmer. As a female student, I’m sad to say, nothing has convinced more women besides colorful and weak Insta posts and fantasy stories of

Frankly, I don’t remember the feeling when I got my first paycheck because I could care less at the time. I was 13 or 14 years old and I was teaching tennis to young(er) kids. I’d been teaching tennis for 3, 4 years since then purely for enjoyment. I loved to see kids get better

We all wish it could happen to us and if it did, we wouldn’t be comparing ourselves or struggle during a pandemic. Passive income is fun. It is making money while sleeping and exercising. It truly is the best income source and how the rich get richer. A staggering 85% of Americans are not able

As a frugal, minimalist, it’s easy to explain why I enjoy this lifestyle but will be hard to convince. I began adopting this mentality from my parents, who immigrated from Poland with nothing. They lived below their means, educated themselves, took nothing for granted, went to college in the states, and now work at the

This sounds impossible, right? You think a TikTok addict or yoga guru-type teen can generating more money than their parents and lead a more independent financial life at age 20? This is not saying that you should quite your education and start making money because you won’t get far flipping burgers but with your long

Sadly I learned about financial literacy only a few years ago due to my ignorance along with being a student in the American educational system. Where I really became focused with my family’s finances and starting to strategically learn how to plan was when my father passed away. My mother and I relied on him

Pandemics and economic downturns are known to bring negative results, hardships, and struggles in all aspects of life. We all dread them but know they are bound to happen eventually. They tend to discriminate as well. We aren’t even halfway through COVID and researchers a.k.a CNN is predicting that more than a year from now

There is no doubt we all think, breathe it, smell it, and of course, love it, more than we should. But the reason why is through our misconceptions that we continue to disregard as false claims and instead believe are true since social media and our economy portray it as rewards, rather than an opportunity