The Red Money

What is Discretionary Income? (And Why It’s So Important)

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Discretionary income is one of the most important things in determining how we live our lives. People often get this term confused with disposable income, which is basically just another term for net income, or your bring home pay after taxes. But discretionary income is something that is so important for us as individuals that on a macro level it determines the overall economy. [Read more…]

Beginner Crypto Investing Guide

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Are you wanting to get into cryptocurrency investing for the first time? I’m fairly new to investing myself and been able to knock out plenty of beginner mistakes in my couple of years of investing. I’ve created a beginner crypto investing guide that details risk/reward and various strategies you can apply.

Now, there is a lot of risk in crypto investing so keep that in mind. However, there’s also a ton of potential. Nobody can predict the future so it’s always important to have a plan ahead of time and look at it from all angles. [Read more…]

Did You Just Get Rekt in Crypto?

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The cryptocurrency market just took a huge hit over the last few weeks. Massive selloffs resulting in a complete capitulation of what was built up over the last 6 months in the crypto market.

Did you get rekt? Maybe you lost some or even all of your gains. Or maybe you bought into the market when Bitcoin was over 60k and just got completely rekt.

Here’s a metaphor that makes sense to me. [Read more…]

How to Get Rich in Crypto

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If you’ve recently gotten into crypto, your goal may be like many others-to get completely filthy rich. Let’s entertain the idea on how to get rich in crypto.

The answer, well it’s pretty damn simple. Buy low, sell high. [Read more…]

Personal Budget Template for 2023 (Excel Download)

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If you’re looking for a budget to use as we head into 2023 to get your financial life back in order, then here is the best personal budget template in excel. It’s not even subjective, it’s 100% literally the best budget financial template you can use.

Now, I may be biased because I created this budget…and all jokes aside, it is entirely subjective. What works for me may not work for you. But what I tried to create with this financial template is something that is completely designed for people who live paycheck to paycheck and want to set goals to move beyond that. [Read more…]