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Grab your free Move Abroad RoadMap: 👉🏾 for 10 Steps to help you move abroad: http://bit.ly/4qDNOWb Today we’re going to talk about 4 things that you can do to go from zero savings to freedom and moving abroad – Part 2 in the Money Hack Series 1. Know your sources of money 2. Know your expenses 3. Debt reduction or pay-off 4. Work your plan to freedom Welcome Friends to FDL Move Abroad Travel. I help black women over 40 with their finances, logistics, residency, and mindset to move abroad. I will break down how I went from confused and overwhelmed to confident. If I can do it, so can you. My name is Dione and I’m here to help you. I watched Halisi & Ric from Our Black Utopia’s video ‘No Savings, No Plan? Fast Money Hacks. 1. They talked about the gap between income and expenses, paying off credit cards and generating income. o Know the gap between income and expenses. o Save or invest the money from the gap. 2. Pay off the full balance monthly after charging expenses on the card then pay off the amount by the 1st of the following month. 3. And do not incur additional debt! 4. Generate income by decluttering our homes and selling the stuff o “mini liquidation”: getting rid of the stuff that you need to get rid of and your family doesn’t want. i. Use funds to pay off bills, build emergency funds/cushion. You have a lot of $ sitting in closets” Put that money into something that’s making $ for you and build up $ over time” MY COMMENTS: • Know your sources of money - mentioned in my previous video: • Know your expenses o What is essential vs non-essential o Monthly vs. annual o Reduce expenses To increase the GAP! • Debt reduction or pay-off o Excel spreadsheet, credit card pay-off calculator, 52-Week Savings Plan • Work the plan • Resources – o *Check out the Move Abroad Roadmap for 10 Steps to help you move abroad: http://bit.ly/4qDNOWb o * Move Abroad Booking Call: https://calendar.google.com/calendar/... o OBU’s video and Roshida’s video links • No Savings, No Plan? Fast Money Hacks o Roshida Dowe’s video link • VLOG - Bay Area Storage Clean Out - Behind... o *Numbeo.com - https://www.numbeo.com/cost-of-living/ o * Nerd Wallet – o https://www.nerdwallet.com/l/compare-... o Brokerages – not financial advice Charles Schwab https://www.schwab.com/open-an-account Fidelity https://www.fidelity.com/open-account... Vanguard https://move-money.web.vanguard.com/r... Watch my next video, we’ll talk about selecting a safe destination for black women. Get in Community with other black women. Click Like, Subscribe, Share and hit the notification bell so that you know when I upload my next video.