4 Mind Blowing Facts for Financial Beginners

Yep, I said it. Finances.

I don’t know about you but I try to empower myself as a woman in every way, shape and form these days.

It’s muy importante to do what I gotta do to be the best version of myself on a daily basis because you know…. I’m a queen.

Comedy Central Queen GIF by Broad City

That means physically, mentally, emotionally, spiritually… making sure my cup is full and all that.

But there’s one little-but-kind-of-major area I didn’t even know I was neglecting and that ladies and gents is Mula. Money. Cash. Dinero. Yaen. Pesos

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That dolla dolla bill y’all...

I know how to spend money.

I know how to make short term money.

I even know how to save a little bit of rainy day cash.

But what I don’t know is how to generate wealth and have passive income.

Don’t work for money. Let money work for you.

There’s so much to the financial world I have no idea about and it’s sort of frustrating when you don’t know that you don’t know.

You know?

Financial literacy makes a HUGE difference in peoples lives because it’s the only tool that allows us to get what we want.


Seeing how money is the driving tool to maneuver through life, educating oneself on the world of finances and becoming financially literate is vital.

Ssssppptttt…. quick small mini celebration… *whispers*

….like real fast… *continues whispering*

I successfully got through my first interview for my YouTube Channel!

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Happy Dance Please….

Culture Fuzz Conversations is in full effect bruh!

Not just any kind of conversations either…

I’m talking about the deep vulnerable kind of interviews where I discuss the very topics that can be triggering and overwhelming.

Like finances..

Her’es the Youtube episode of Culture Fuzz Conversations all about the basics of finances.

I felt some of you lock up… 

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Because Ryan Gosling doing anything at all is always good…

Don’t worry, the conversation about finances triggers the fuck out of me too but instead of curling up in a ball or buying that $5,000 latte everyday… hear me out…

Let that financial trigger be a motivator to take control of your money story.

Kind of like a financial fire being lit under dat ass…

Let’s take control of our future man.

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*le sigh*

Finances can be overwhelming and intimidating… look… I get it.

As a species we tend to fear and/or reject what we don’t understand.

Chill… I’m about to bridge that financial empowerment gap for you.

Pero like, how?

I reached out to the homegirl Sofia aka “Pinky” who is a certified financial advisor and I decided to dive head first into the important conversation of finances and what can be done to acquire financial knowledge to really generate long term wealth.

Sofia just co-launched a financial firm she co-founded with Mary Alvizures specifically made by women for women thoughtfully named Loving Future Me.

Y’all have GOT to watch this interview and see why this Culture Fuzz Conversation with Loving Future Me was SO good!

We’re more than just a financial firm. We are a tribe of women.

Sofia aka “Pinky”
Loving Future Me

Mary and Sofia we’re motivated to start such an important platform like Loving Future Me because they saw the necessity of financial empowerment amongst their community.

I am still triggered by the amount of information I literally just don’t know.

How are we supposed to ask questions and understand our money story if we literally have no clue of the reality to the financial world and our options in it?

What I slowly learned is like love has a language, your body has a language… shit… the new computer program you have to learn at work has a language – money also has it’s own language.

Money has it’s own language.


It’s our responsibility to learn the language of money and really take advantage of our financial circumstances.

So what are some of the words and phrases we should all be privy to when working to understand the basics of finances and generating wealth?

Keep on reading to find out.

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1) F.I.N.

Get to know this acronym very well. 

When talking to my financial advisor/ homegirl Sofia, I asked her…

What’s the first thing to be aware of when starting out on our financial empowerment  journey?

What you will find is that throughout the interview the word F.I.N. was dramatically emphasized.

F.I.N. means Financial Independence Number

Loving Future Me

This number is the realistic amount of money you will need in order to retire and live the type of retirement lifestyle you picture for yourself.

So how do you even determine the amount you will need to retire and jet-set all over the world?

Or chill in your camper in the woods.

It’s your world 😉

So how do we know what our F.I.N. number is?

Well that’s what your Financial Dream Map is for.

2) WTF is a Financial Dream Map?

I’m happy you asked! 

Look at you being all proactive on changing the trajectory of the rest of your life.

Proud of you! *high five*

Okay, so a Financial Dream Map is a dope 20-page report Loving Future Me generates with love for any new client looking to understand their overall retirement goal and F.I.N. number.

You remember that fun acronym from #1 right (Financial Independence Number)?

This report aka Financial Dream Map literally works as just that. A map or guide with small and large financial goals calculated specifically to your needs and desired lifestyle.

Knowing your F.I.N. (Financial Independence Number) will make all the difference in being retired vs. staying retired.

3) Rule of 72

I thought this was absolutely fascinating and a rule that EVERYONE should know or at least be aware of.

The Rule of 72 was invented by Elbert Einstein who claimed,

“There is no force in the universe more powerful than compound interest”

“There is no force in the universe more powerful than compound interest”.

Albert Einstein
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And anyone with a credit card or car note can totes understand what that man is saying, am I right?

The Rule of 72 works something like this:

In order to find the number of years needed to double your money at a given interest rate, you just divide 72 by the interest rate. For example, if you want to know how long it will take to double your money at nine percent interest, divide 72 by 9 and get 8 years.

I had no idea a tool like this even existed!

And I’m triggered (again) by not knowing that I didn’t even know about not knowing what I didn’t even know…. ya know?

I don’t understand why stuff like this is not taught in school. 

4) Indexed Account vs. Fixed Account

Did y’all know that there really is no benefit to keeping your money in a bank? 

No really, your money just sits there. Doing nothing.

Not even accruing interest aka ‘making money while you sleep’

How whack is that?

Seriously, take your money out of that stagnant ass savings account and put your hard earned cash into one of the following accounts:

Why are banks so bad? Watch my video to see 🙂

Fixed Account

Works like a savings account but actually grows your money.

A fixed deposit account is an investment account and a type of savings account in which money is deposited for a stated period of time and a fixed interest rate is paid at the end of that period. It is a safer investment option when compared to other investment types such as shares or the money market.

Indexed Account

Also works like a savings account but in a doper way:

Index-linked savings accounts are fixed-term deposits. You agree to leave your money in the account for a certain number of years. In exchange, you’ll get an interest rate that’s linked to inflation.

How many of y’all didn’t even know accounts like this existed and were accessible to us?

*raises hands*

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There happens to be quite a bit of shame and guilt around a lot of people’s relationships with finances and their financial education.

For some reason a lot of us believe that just because we don’t live a lifestyle that mirrors the wealthy, somehow we aren’t worthy of knowing how to be financially literate and generate wealth

With an amazing service like Loving Future Me we can now take the necessary steps in learning to understand how to take care of and grow our wealth.

Set up your consultation with Sofia or Mary to get a handle on your future!

Culture Fuzz Conversations
Rissa SoFar
Rissa SoFar

Rissa SoFar

Rissa SoFar is a lover of building bridges and creating a safe space for people to have important conversations. As the founder and creator of Culture Fuzz, Rissa works to bridge the gap to people, places, products and ideas will surely make a quality difference in your life.

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