Is Your Relationship With Money Hurting Your Investing Potential?

Posted by Chris Clothier on Fri, Jul 5, 2019

Whether we believe it or not, all of us share a personal relationship with our finances. In most cases, we tend to view money from a clinical, number-crunching perspective. As much as we try to treat money rationally, we often do not act that way. Our emotions can be wrapped up in our finances, which leads to poor decision making, planning, and overall financial well-being. 

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Topics: money management, self-improvement

Financial Strategies to Put Your First Investment on the Fast Track

Posted by Chris Clothier on Fri, Jun 28, 2019

You've decided you want to invest in real estate. You're determined, but you don't yet have the capital to comfortably pull the trigger. Because investments are best made as soon as you can (more time to earn passive income, benefit from appreciation, and build a portfolio), you really need to get your finances in order. 

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Topics: money management

Escape the Paycheck to Paycheck Life for Good

Posted by Chris Clothier on Wed, Apr 24, 2019

While we may think of living paycheck to paycheck is only a problem that lower-income Americans wrestle with, the truth is, the vast majority of us struggle to save. Studies show that some 78 percent of Americans struggle to make it to payday and that this is a problem that plagues every income bracket.

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Topics: money management

How to Conquer 4 Major Financial Fears Everyone Faces

Posted by Chris Clothier on Wed, Apr 3, 2019

The modern age is full of anxiety. In fact, millennials are often called the “anxious generation,” as they experience stress and anxiety at higher rates than any generation before them. However, we think it’s safe to say that people of all generations deal with anxieties about money. We all have fears—rational and irrational alike—when it comes to our bank account.

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Topics: money management, financial advice

6 Tips for Tracking Real Estate Income and Expenses

Posted by Chris Clothier on Fri, Mar 29, 2019

Finances are one of the biggest parts of real estate investment. We might not all be number-crunchers but knowing how to best track and manage both your investment income and expenses is one of the key attributes of a successful real estate investor.

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Topics: money management, expense tracking

Reviving 6 Pieces of Timeless Financial Advice

Posted by Chris Clothier on Wed, Mar 13, 2019

At Memphis Invest, there are few things we love more than helping people make the most of their finances. It’s exciting for us to sit down with our investors and talk about money—the future, planning, retirement, all of it. That said, it also benefits us to look to the past.

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Topics: money management, financial advice

10 Ironclad Budgeting Tips for Mindful Real Estate Investors

Posted by Chris Clothier on Tue, Feb 12, 2019

Everyone perks up when you start talking about fiscal responsibility, don't they? We know, we know. Don't doze off just yet! There is so much value in knowing how to command your money, especially in the world of real estate investment.

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Topics: money management, financial planning

6 Small Acts That Can Transform Your Financial Health

Posted by Chris Clothier on Fri, Dec 28, 2018

Where our finances are concerned, we tend to think in “big picture” terms. It’s about our investments, paychecks, house payments, and big bills. We rarely consider the small, seemingly insignificant actions throughout our day and how they can impact our wealth and financial future.

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Topics: money management

2 Ways Your Money Mindset Affects Your Real Estate Investing Success

Posted by Chris Clothier on Wed, Nov 7, 2018

Do you have a healthy relationship with money?

If you’re the type of person who’s even reading this blog, it’s safe to say you’re probably on the right track. You’re thinking about investing if you aren’t already—building your financial future and securing the very best not only for yourself but for future generations.

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Topics: money management

Cutting Down on Your Financial Burn Rate

Posted by Chris Clothier on Fri, Aug 31, 2018

Finding success investing in real estate isn’t always as clear cut as it seems: it’s not enough to just have a good property with a good tenant managed by a good company. If you want to grow your investments, increase your passive income, and meet your financial goals, you’ve got to dive deep into money management and financial strategies.

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Topics: money management