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I Love Fortunes, LLC is a resource devoted to teaching folks how to build & maintain their personal fortunes (not fortune cookies!). We love talking about personal finance, budgeting, investing, and everything to do with personal finance. This includes protecting your fortune after you’ve built it with the proper insurance and safety nets.
Naturally, we all want to be secure in our finances, but it can be like watching our weight. No one likes to diet, and no one likes to be put on a budget. We like to use the term ‘spending plan’ rather than budget. Sounds a little more positive.
Another way that personal finance can be like dieting is that you watch what you eat (spend, in this case) and exercise to stay fit. You can think of exercising as how you control your inflow of money. Wages, appreciating assets, interest payments, and dividend income are all ways you can think of ‘personal finance exercising’.
Cash flow is like how you are burning your calories. You’ll only have a certain amount of calories to ’spend’ in a given time period. It’s the same way with money. Over a certain time frame, you will want to have a handle on where your money is going. Personal finance tracking with software is very easy these days, and we’ll be covering that in our material.
Hopefully, you will find our style of presentation fun and engaging. If anything seems intimidating, well, we really haven’t done our job. This should all require nothing more than 4th-grade arithmetic.
If you think gaining control of your money is a good thing, then follow along as we take you on this journey of self-discovery.
We will cover the psychology of money, how to easily track your cash and how to set and achieve your goals.
As always, we are happy to have a discussion about money issues because I Love Fortunes and we hope you will, too.
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