Where The Money Reside: 10 Financial Strategies For The New Year

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Start a Business

If 2020 taught us anything, an extra stream of income always helps in uncertain times. Maybe you have a steady, full-time job, but you enjoy baking and people are always hitting you up for your to die for Bundt cakes. It’s time to start that business! Small businesses are popping up because people are starting to understand what they can do with an increase in revenue streams. Depending on the industry, contractors and freelancers decide how many projects they will take on and for how long. They have the flexibility to work a few days or a few hours a week and determine their rate of income. You’ll be amazed at your earning potential and support from your network.

Financial freedom is a marathon, not a race. Be sure to get advice from a certified financial consultant when investing and diversifying your portfolio. Last year was rough, so give yourself some grace. Today is a new day to begin your journey toward a financially sound future.

A word nerd and storyteller from the midwest, Michelle has a passion for working with brands that exhibit courage and creativity in finding new ways to advocate for and support causes/issues that affect black women. Think of her as your favorite quirky auntie, whose infectious laugh, calm presence, and warm hugs make even the most skeptical stranger feel like they’ve known her for a lifetime. Michelle has worked on more than a dozen film and television sets, ranging from live studio to narrative production and documentaries, created a children’s books series and founded a boutique copywriting agency to help hundreds of entrepreneurs and brands share their unique stories for optimal impact and influence.