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Abena Cannady

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Finances Under Construction
General Finance
budgeting, real estate, savings, wealth creation, money management
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Queens, New York, United States
Life stage:
DINK (Dual Income, No Kids)
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Latest Blog Posts

Millennials are finding more and more that their money doesn’t go as far as their parents’ money did. As such, they have to be both more clever, and more determined, to make their money work for them. That isn’t easy in this day and age, but there are a few tips that can give younger … Continue reading "5 Personal Finance Tips For Millennials" The post 5 Personal Finance Tips For ...
Posted: Sep 14 2017 @ 12:52 PM
Budgeting! It’s a word that can strike fear in our hearts. For one thing, many people associate budgeting with not having much money. You have to stick to a budget to make sure you pay the bills. Budgeting can have associations of always buying generic paper towels, and doing without concerts, wine-tasting, or any other … Continue reading "How to Create a Budget That Works" The post How to Create a ...
Posted: Sep 07 2017 @ 1:33 PM
Every day our email in boxes are filled with tempting offers from online stores and brick and mortar retailers — bait for the millions of “fish” they hope to land. If the bait works and you bite, guess what' You’re part of the billion dollar catch! There’s a carefully planned strategy behind their actions. The … Continue reading "6 Tips to Combat Impulse Spending" The post 6 Tips to Combat Impulse ...
Posted: Aug 31 2017 @ 12:08 PM
Financially speaking, millennials have it rough. College is more expensive than ever, with college loans taking a chunk out of many millennials’ paychecks long after they graduate. Cost of living is high, while finding an entry-level job that will support a family is next to impossible. When you’re faced with the standards your parents and … Continue reading "Avoiding the Debt Cycle" The post Avoiding the Debt Cycle appeared first on ...
Posted: Aug 24 2017 @ 1:09 PM
One of the most important lessons you will ever teach your child is how to handle money–and that’s a lesson that begins in early childhood. By working with your child now, you can cement the financial lessons you want them to learn early in life. Ultimately, this will help them manage their finances much more … Continue reading "5 Great Ways to Teach Your Kids About Money" The post 5 Great ...
Posted: Aug 17 2017 @ 6:13 PM
You may or may not know that restructuring debt is a fairly common practice in business. The reason they do it is to save money by paying less interest on their debt. And by saving money on interest costs, they increase profits. Simple, right' But have you ever considered increasing your own “profit” (aka. discretionary … Continue reading "How To Restructure Personal Debt – A Surprising Option" The post How To ...
Posted: Aug 10 2017 @ 6:20 PM
Typically, people don’t start thinking about retirement savings until later in life. However, the best time to start saving is as early as possible. Ideally, this means in your 20s, the moment you leave school and start earning an income. Currently, according to the Social Security Administration, a man reaching age 65 today can expect to live, … Continue reading "The Best Asset Allocation When You Are Under 35" The post The Best ...
Posted: Aug 03 2017 @ 2:03 PM
Every new entrepreneur knows that success is defined as business growth. However, in order to truly become successful, young entrepreneurs have the beat the odds. Depending on which study you are looking at, roughly 8 out of every 10 new businesses will fail within the first 5 years. Nevertheless, there are those who start out with very … Continue reading "The Surprising Habits of Successful Young Entrepreneurs" The post The Surprising Habits of ...
Posted: Jul 27 2017 @ 1:39 PM
Watching your money grow is a great feeling. Investing your money wisely is a great way to create and maintain wealth. Once you have your debt, budgeting, and savings under control, it is time to consider investing your money. However, it is easy for young, new investors to get overwhelmed quickly. For new investors there … Continue reading "Solid Investing Tips for Newbies" The post Solid Investing Tips for Newbies appeared ...
Posted: Jul 20 2017 @ 12:58 PM
Starting your own business sounds like a great way to increase your income without having to work as hard. Why spend your days grinding away for a company that doesn’t appreciate what you’re doing when you could make your own money' Even better: why not have other people make the money for you' Unfortunately, life … Continue reading "Starting Your Own Business: Reality Check" The post Starting Your Own Business: Reality ...
Posted: Jul 13 2017 @ 11:19 AM


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