NEVER GO UNDER MONEY

By Jeriah Israel

In the world of finance one might find it difficult to navigate through all the complexities of global economics in order to gain investment knowledge or even stay afloat. Jeriah breaks down investing in stocks, cryptocurrency, real estate and the like in the most relatable fashion allowing for an easy read

• Language: English
• Publisher: Famous Acquisitions, LLC
• Release date: Aug 7, 2020
• ISBN: 9781735423517

Book preview

Testimonials

W

hen I was in the 11th grade, my father sat me and my brother Jalen down and taught us about stock options. I was working and looking for ways to expand my streams of income, but I was not using my funds the right way. I sat down with my father and brought money I had saved up and we went over what I had to do to find a good stock, what to look for to buy, gauging charts, when to pull out etc. After listening, taking notes and applying what I learned in a little less than a week I had doubled my money. My father always told me, Scared money don't make money, so now my money fearless.

-Jamal ll

The financial guidance I got from Jeriah was a simple 30 to 60 day financial fast where I stop spending on things I wanted for a month at first, then in two months; I managed to save an extra 150 to 250 in those months and now I keep thousands in my bank account.

-Eli

The information contained in this book is truly life changing. It is a commonsense approach for the beginner taking their first steps into the wide world of finance. If you have the courage and discipline to apply the strategies in these precious pages, you will find a chance to create generational wealth! This book is a must-read for anyone who wants to get off the sidelines and start making their money work for them. I have personally applied these techniques over the last year and have made 18.5% gains. I wish I got this information sooner!

- David Israel / President/ CEO / The King’s Transport, INC

Jeriah played an integral part in me currently having my rental property asset. After the Financial Crisis in 2008, Detroit’s economy was largely affected. In 2009, Jeriah advised me to buy a property, even if it needed updating, so it could benefit me later. Following his advice, I bought a property and completed remodeling projects while living there. Currently, the house is worth five times more than when it was purchased in 2010. I have also made it my rental property, so the residual income is a major bonus! I only wish I were able to buy more properties during that time.

Jeriah also educated me on trading stocks. In our school system, there was no curriculum about how to manage money, invest in the stock market, trading strategies, etc. Through much needed tutelage, I have started a Roth and

Traditional IRA through Fidelity, where I have scheduled deposits set up monthly. They are linked to an Index Fund that I predict will grow at least 12% yearly setting me up for retirement. The information Jeriah has provided me with has been pivotal in my journey towards financial success!

- Jermaine

CHAPTER 1

NEVER GO UNDER MONEY

The LORD maketh poor, and maketh rich: he bringeth low, and lifteth up.

1 Samuel 2:7

I

magine you at 80 years old sitting on your porch watching your grandkids run around on the front lawn. You recline back in your rocking chair, enjoying the scenery taken place at the moment. You start daydreaming, thinking back on your whole life and you ask yourself, What could I have done differently, what are the things or people I would've stayed away from? Now open your eyes and realize this is your chance; everything starts from now! Now is the time to do everything you would have done differently as if you were 80 years old, thinking back!

There is an old saying, If I don't know where I'm coming from, where would I go? In your lifetime, what is the total amount of cash you've acquired from childhood up until today? If you do not know, just do a rough estimation, add & combine the totals of every year for everything. I am talking about every cent that has ever touched your hands. Afterward, write down the number that represents the Most amount of money you've held in your possession at one time (whether it was in your pocket, suitcase, purse, bank account, etc. or combined). Then ask yourself from all these amounts of money and overall this time, how much is left my bank account as of today? I created this exercise to get you mad at yourself, seeing that most people have never taken the time to calculate just how much money they have blown away throughout their lifetime. Hopefully, this will give you a better appreciation for your money and in turn, a greater appreciation for the information you are about to receive in this book.

Those two numbers that must be identified are the numbers that you need to see visually with your eyes written down on paper so that you can consciously internalize the most important financial achievements in your lifetime thus far. The one being the Most money you've ever had at one time (money that was yours and no one else's). The other number will be the Grand Total of ALL the monies you've ever touch in your life combined!

This will be the foundation we build on in the creation of your master plan to make sure you never go under money again.

Allowances from parent’s ________________

Financial gifts ________________

Total wages from every job ________________

Tax refunds (every year) ________________

Business revenues ________________

Real estate profit ________________

Automobile sales ________________

Jewelry sales / pawn ________________

Bonuses ________________

Lottery winnings ________________

Casino winnings ________________

Gambling winnings ________________

Lawsuit payouts ________________

Life Insurance payouts ________________

Loans received ________________

Cash found ________________

GRAND TOTAL: ________________

MOST MONEY AT ONE TIME: ________________

From this day forward, every dollar you touch is your employee and just as bosses treat employees when they come to work ready and willing to do whatever task given to them. You will do the same to your employees, now what you won't do is say, "hey you, lay under my mattress and do nothing or better still, take an all-expense paid 6-month vacation to my local bank for absolutely no reason.

Money Don't Sleep, take naps, money don't take breaks, money don't need a vacation, money don't get sick, money never goes on maternity leave nor have to abide by any of the rules that us as human beings must abide by to thrive. We must get on a plane, bus, train, drive or take a boat to get out of our city or country to do work or do business but our employee money can get to any country or city in a matter of minutes, and in some cases seconds. This is done through wire transfers, banks and brokerages, Western Union, Money Gram, Cash App, PayPal, Cryptocurrency, Digital assets, blockchain technology and the list goes on and on; it all depends on what you are trying to accomplish.

While you are at work, your money should be at work, when you get off, your money should still be at work. When you go to sleep, your money should be up working. When you get fired from your job, your money should have made some friends and they all should be able to take care of you until you find another job. Now, none of this will be possible if you are a spend artist and lack the discipline when it comes to saving.

If you woke up today with $50, $500 or $5000 and you have a job or a business, this time next week you should have the same amount or more and realistically you should have more, but never less, my motto is NEVER GO UNDER MONEY!! Money should always be accumulating or at the least put up only until you find something to invest in.

I ask people all the time what do you invest your money in? The answers I hear the most are nothing or "I just put it