Despite its strong track record, whether an inverted yield curve is still a reliable predictor of a U.S. downturn is up for debate after a decade of extraordinary central bank stimulus.
When the 10-year yield first fell beneath the three-month yield in March, many economists and investors weren’t ready to sound the alarm. But after the short-lived bout in March of this year, the 3-month versus 10-year curve inverted again in May and has stayed that way for most of the summer.
Even so, just because yield curve inversions have preceded recessions in the past doesn’t necessarily mean this one will predict a recession in the future.
1. What are you saving for - decide what you want to save for, if its your first attempt or you have tried many times before and failed then pick something really important to you, emergency and sinking funds can come later.
2. How much do you need - decide the amount, don't go mad, saving thousands is great but not really easy or quick. If its your first time or you have tried before then you need to get a result in a reasonable space of time, say £/$150 in 30 days.
3. How long for - decide how long its going to be for, if its your first time or you have tried before then don't aim to save for this pot too long, 30 days is great, its long enough to get it to be a habit but quick enough for results.
4. Work out how much a day you need to save, if the amount is too high then you need adjust the no of days or the total amount. Say £/$150 over 30 days is £/$5 a day.
5. Recording it - get a little book to record it in, see pic, date every square for the length of the save. Seems lame but this is really important, it gives you such a sense of achievement to cross those suckers off.
6. Save - every day, this is so important, you move the amount every day from your current account to a designated savings account, after about two weeks your brain has learnt it as a habit.
Ok I was so excited to be home after Europe that I am only just now having some intense post holiday blues kick in. Seriously how stunning is Portugal? I wish I spent more time looking out this window admiring the view.
Does anyone else struggle with the polarity of being a homebody but also an adventurer at heart? It’s hard finding balance with both for me at the moment because on one hand, I really want to invest my money into creating a home that I absolutely adore since I love spending so much time here and being comfortable at home is such a crucial part of staying sane for me. But on the other hand I have such a thirst for travel and want to put ALL of my money there. I actually think that the answer is not trying to decide between the two, but working on the state of mind I have that tells me I have to choose in the first place. I’ve been really interested lately in all the ways that we have been conditioned to be sceptical, fearful and even judgemental of having ambition around wealth, ESPECIALLY women and people who grew up poor. I work as a debt collector and if there is one thing this job has taught me, it’s that we do not have good financial literacy knowledge or skills in this country and I think this leaves most of us living in a permanent state of scarcity when it comes to money - feeling like there isn’t enough to go around or feeling like we don’t have the tools or ability to access it. It’s such a blockage to success, happiness, wellbeing etc and at risk of sounding like a broken record, it isn’t something we talk enough about! More conversations about money and ambition please, and thank you 💰💰
Hope you’re having a financially friendly weekend, everyone! 💸💸 Here’s some wise words I came across: “The secret of getting ahead is getting started.” I hope this encourages you to get started on a budget in any way you can!
We all make mistakes that we regret. But the difference between successful people and everyone else is that they don’t spend time on what if’s, but on the solutions of the problems. Don’t focus on how far in debt you are, or how little you have saved, but focus on what you can do from now on to change that. The past doesn’t matter, is what you do from now on... say yes if you agree.
1 34 hours ago
Downstairs bath and hallway are cleaned out, dusted, vacuumed, and steam mopped. 😁
Kitchen, living room, and dining room are half done. We have some furniture to put together and the floor to clean (on tomorrow's list).
What's on your list to clean this weekend?
- #US ♥️We’ve been fasting—and I need to share some mind-blowing prophetic insights with you. Please pay attention to the details.
I began fasting fruit only right before #MoneyMatters in order to be highly sensitive to the Lord. I needed to be a submitted and clean vessel, in order to convey everything God needed me to under the level of anointing HE wanted. What my notes indicated would be a 2-hour teaching was actually 3-hours, but I did not get tired. By the time I retired for the evening, the praise reports were coming in—TO GOD BE THE GLORY.
Jon joined me because he too wanted to be in the correct posture for our assignment, and we both saw the tangible results of cleansing the temple that is our body as a living sacrifice. We drank our #SmoothieLife jars for 3 days, then integrated raw vegan salad on day 4. That’s where we’re rocking now, and we’re sticking with it until Holy Spirit says “stop”. HERE’S WHY👇🏽
These days have been HIGHLY SUPERNATURAL. The Lord has1️⃣answered prayers, 2️⃣revealed hidden information,3️⃣brought about an important strategic connection, 4️⃣given us a family breakthrough, and 5️⃣given me a wealth strategy—just dropped it in my lap. YAHWEH. THIS IS YAHWEH. This is how He moves and how powerfully He makes His power and presence known. -
Do you fast? Some have a medical condition that keeps them from fasting, but some have a discipline issue, and today I want to encourage you to pray about fasting. What is the Lord speaking to you?
Jesus didn’t say “If you fast,” He said “WHEN you fast,” because fasting is a part of our lifestyle...its what allows us to pull the flesh under submission and focus on the things of the Spirit.
The Lord told me many people will be moved to fast with me and that He will let you know exactly HOW. God also said in that time of fasting many barriers would break and divers types of blessings would come forth. This is also an excellent time to gain deliverance from addictions, soul ties, and more. Let the Holy Spirit guide you.
👈🏽SWIPE LEFT👈🏽to see our #smoothies and #salads . I’ve put the recipes in the comments in case you’d like to try. We love you!🙏🏽♥️
This article will show you a new perspective when it comes to earning and spending money (link in bio). If you want to learn more about real estate, finance, or fitness, please visit and subscribe to justinyurong.com for FREE articles and tools to help you out. Thanks for reading this. I appreciate you.
1 157 hours ago
MOMS! This is the BEST way to Back to School shop and teach budgeting!
You need shoes and clothes, here is your budget on the card.
Mom has Vito power on all purchases and I have never seen them be this cost conscious!
No power struggles, it’s the most peaceful shopping trip EVER! #momwin#raisingteensishard#moneymatters#stelladotpaidforitall
We're up,💹💸💷💶💱💰. Are you still doubting? Others are getting paid weekly!.. A negative mind🤯 will never give you a positive✔️ life. If you wish to be part of this you can send me a
DM📩 let's help you grow your capital into something BIG.
Love and passion are two of the greatest things alive. ⠀
When you love someone, you give them your all. ⠀
When you love what you do, you give it your all. ⠀
When you have passion, your family and loved ones will get the best of you. ⠀
When you have passion for what you do, you get results. ⠀
Give us a HELLS YES.
I stay on focused on the relentless pursuit to financial freedom regardless of what the market is doing. I work, I save and I invest and that’s it. There is no magic formula and no quick fix.
I will run, I will walk and I will crawl if I have to go get to my goal. One day at a time, one hour at a time, one second at a time.
*𝟏𝟎𝟎𝟎 𝐅𝐎𝐋𝐋𝐎𝗪𝐄𝐑𝐒* 🥳
WHAAAA?! Thank you all for following me along on this crazy, hard, rewarding, and empowering journey!
Without the #DFC I’d still be paying minimum payments 😂.
I want to give back to the community that’s been my daily motivation. I’m giving away a $50 snowflake, that’s right $50 to put towards your debt that you’re working on! ❄️
If you’re past baby step 2 you can add it to the step you’re on, or donate it to someone else on baby step 2 ⚡️
1. Like this post
2. Tag a friend
3. Share the post to your stories
➡️Tag multiple friends in separate comments for extra entries! 🤳🏼
➡️If you win you gotta share a video of you making the payment/investment/savings deposit (not showing personal info obviously) 🧚🏼♂️
➡️This is not sponsored by Instagram 🤔
➡️You need PayPal, cash app, or Venmo (I cant deliver by magic owl) 🧙🏼♀️
➡️You must be following @becomingnotpoor to win! 💪🏽
Enter by 11:59pm EST Friday, August 23! Winner will be posted Saturday morning.
82 599 hours ago
"Hello CLUTTER prepare to die" -NRM
Party like a Pineapple 🍍
August 17 2019
That means you need to build your wealth. Building your wealth will reduce your stress level and it will give you a greater sense of well-being. It also allows you greater freedom when making choices. Your next challenge is beginning the journey toward achieving financial independence, while you also build a foundation of financial knowledge.⠀
What does that look like?⠀
How do you start that journey?⠀
How can a medical professional who is just starting out their career aggressively work on achieving financial independence?⠀
Check out this episode where Scott Trench, President of @biggerpockets gives us some valuable insight.
I don’t know what the enemy tried in your finances, what generational patterns run in your family or how hard you’re struggling financially right now, but I do know this:💥IT WON’T WORK!💥
God knew the devil would literally set up this world to sabotage / tempt / control people financially, because let’s be honest, life on earth requires currency in order to survive, let alone thrive—CATCH IT. And if we’re more honest still, it is that *lack of* money that causes people to do things they ought not, compromise their morals and principles, abandon good character, and “stick it to” people they ought to be loving. MONEY. The pursuit of, and the lack thereof, causes grief and pain☝🏽UNLESS! you get ahold of the Lord’s financial and life principles, in which case, everything changes—EVERYTHING.👊🏽
I’ve seen it. God is not a man that He should lie, and His Word never returns void—NEVER. Work the Word and that Word will work for you, because it is profitable and beneficial for all areas of life—including your finances, where God knew we’d all need help. #TruthBomb 💣 -
About last night. #MoneyMatters was off the chain. 3️⃣ hours of solid teaching that began to shift people immediately, in Jesus’ name!💪🏽
Your eBooks are there for you to download on the event page, and you may still opt in if you missed it but hear the Lord saying🔥COME, LEARN, IT’S TIME.
What would this revelation and transformation have done for my mother, if she’d gotten it? I don’t know, but I know what Jesus did for me, and He’ll do it for you too. The Kingdom needs more wealth carriers. The church must be financially abundant so we can be people of impact and relevance, leaders and lenders, not borrowers. I know this isn’t for everybody, but I’m praying it’s for YOU. If you’re determined to shift and claim your rightful inheritance, tell the enemy today, IT WON’T WORK!💥💪🏽
💜☕️NO COFFEE CHAT today, but watch for a pop up, and join us on Sunday for an old fashioned Holy Ghost Miracle Service - because it’s time for that too.🔥💣
Direct links & more in my story. #JoLynneWhittakerMinistries#ItsMyTurn#DestinySeason#SeasonOfMORE