Monthly Archives: June 2022

NEW YORK - Thousands of New Yorkers attended a first-of-its-kind Black Money Forum Sunday at the opulent Kings Theater in Flatbush. Organizers say the goal is to empower Black and Brown people to take control of their finances and build their wealth.

The event was organized, in-part, by the Brooklyn Bank, a nonprofit that aims to foster financial independence in communities of color. Jude Bernard, who founded the organization, says they do this on a much smaller scale all the time, but decided Juneteenth was their chance to expand.

"Just the same way the slave did not know that they were free, there's a lot of people in this country who do not know that they're financially free and they don't know that they have the opportunities to close the wealth gap," he tells CBS2's Hannah Kliger.

The forum was co-sponsored by Stash, a New York-based personal finance company. Erick Smith, the Diversity, Equity and Inclusion Senior Manager, says their goal was to get this community to start investing.

"Growing up, right, you never really had this education in schools, and just having that here, in the heart of Brooklyn and during a day like today, it warms my heart," he said.

According to a recent survey of more than 2,000 people, conducted by Stash, Black Americans were struggling more than other groups to manage and grow their wealth. Organizers say Sunday's forum aims to tackle that very disparity.

"Change your relationship with money. Instead of working hard for money, make sure you learn that the right relationship is that money works hard for you," said Ash Cash, host of a financial podcast called "Inside the Vault."

He was among the event's speakers, which also included real estate investors, business owners, career coaches, stock traders, and more.

Audience members say they also came for the networking opportunities.

"Coming to events like this helps you open your mindset, helps you see what's possible, you see what's out there, what's better, what's more," said Brandon Jackson from Ozone Park.

"It's just a beautiful setting," added Tevin Facey. "The amount of people that are here, and especially people of color, trying to learn the information."

The Brooklyn Bank also hosts additional networking events, tax clinics, and giveaways.

Have a story idea or tip in Brooklyn? Email Hannah byCLICKING HERE.

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The Black Money Forum hosts first-ever event on Juneteenth - CBS New York

What You Need to Know

On June 19, the US rightly celebrates the end of slavery on its soil specifically, the day in 1865 when a Union general informed enslaved people in Galveston, Texas of their freedom.

Yet on the federal Juneteenth holiday, Americans must also recognize that the nations movement toward racial equity has been far from smooth or consistent, and that it is yet again under threat.

Time and again, progress has elicited intense backlash that has left Black people even farther behind.

In major league baseball, for example, Black athletes played an important role long before April 15, 1947 now celebrated as Jackie Robinson Day to commemorate the sports integration.

Moses Fleetwood Fleet Walker, for example,playedcatcher for the Toledo Blue Stockings in 1884, more than 60 years before Robinson took the field for the Dodgers.

Yet the hostility of many White fans, players and team owners led the league to ban Black players in 1887. American football has a similarhistory: Black players were stars in the 1920s, banned in 1933 and reintegrated in 1946.

The economy offers numerous examples of such retrograde motion. After emancipation, Black farmers significantly increased their land ownership.

But amid government policies that denied them credit and even deliberately separated them from their land, their holdings declined by more than 70%, from 16 million acres a century ago to less than 5 million acres today a lossvaluedat about $326 billion.

Or consider the Freedmans Savings Bank, chartered by Congress in 1865 to give newly-free Black Americans financial independence. The bank attracted as much as $100 million in deposits with national advertisements touting (nonexistent) federal guarantees, then collapsed after making high-risk loans to politically connected businesses and to friends of its White directors.

It left depositors with only a smallfractionof the compensation that other failed banks provided.

To this day, Black Americans are targeted for wealth destruction, as their greater-than-50%declinein net worth during the 2008 recession demonstrates. They lackaccessto basic financial services, pay morefees, suffer various forms ofpredationand, quite reasonably, have littletrustin financial institutions.

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Juneteenth, a Day for Celebration and Frustration - ThinkAdvisor

The Financial Independence Retire Early (FIRE) movement has been gaining momentum since the 1990s, but increasing numbers of Britons are buying into the idea - and taking steps to make it happen. This was the case for Alan Donegan, 43, and his wife Katie, 38, who made the leap to retire when Katie was 35, having amassed enough money to do so.

Express.co.uk spoke to the couple who split their time between the UK and travelling abroad, as they shared their story from Argentina.

Alan explained his retirement journey started after his father went bankrupt for over 3million, with the family home the only possession secured against it.

Determined not to destroy his finances in the same way, Alan became averse to debt and managed his money extremely carefully.

After a wide range of jobs, Alan started his own business at 28 years old. He met Katie, who worked as an actuary after her degree, and the pair combined their resources and aims to reach financial independence.

Katie explained: We were doing the right habits when we discovered FIRE, and then we discovered the movement and knew it was possible.

READ MORE:Pension alert: You face a test at 75 which will determine tax

We lived way within our means and saved money where we could. It became a game to us to save money and earn more.

We kept our base costs low, minimal even. We stayed in our small two bedroom flat. Our car was dreadful and maybe we went too far there - when you pulled out at a roundabout there was a moment you feared for your life!

But were of the opinion that you shouldnt spend money on things you dont need or value. But prioritise what does bring you value - for example, we always went on holidays abroad because that was important to us.

The cost of living crisis is hitting Britons hard in the pocket, but for the Donegans, this does not mean the goal of financial independence cannot be worked towards.

Alan said: Its really difficult to save as much at the moment. But its a cycle, and it wont last forever.

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Many people think theyll be good all the time, and then when they hit recession realise they didnt save. Dont do that.

The couple said it is key for Britons to be ready for the bad times, as well as doing what they can to save while times are less tough.

Alan continued: If you start early enough saving little and often, the compounding power is incredible. I truly believe this is possible for anyone. Dont think youll never get there, because youll never try.

There is a piece that if you are trapped in a career that earns nothing, maybe you need to move, maybe you need to consider something which is going to create a bigger gap between income and expenditure.

There is always a way to achieve financial independence. There are so many advantages to getting your finances straight.

The pair were keen to explain the benefits of retiring early, as they can spend more time together and with the people important to them, have new experiences, and travel freely.

However, they both agreed early retirees need a purpose, hence starting the Rebel Finance Schoolto help others with their finances.

Katie said: If you just lie around all day, it can get boring. We work on projects, but we dont have to worry about the monetary aspect of things - of looking for our next pay.

We can just do what is important to us, what lights us up, and what helps the most people. That freedom is very amazing.

We have 1,000 people on our course and we can do that for free because it is the right thing to do. But you cant do that if you have a mortgage to pay, or food to buy.

The couple said normal problems have not disappeared since retiring, but the flexibility to tackle these is a major benefit of having retired early.

But how can people achieve financial independence, and retire early?

Katie commented: You have to increase the gap between your income and expenditure at the most basic level - move jobs, get a promotion, find a raise. It is easier said than done, but if you can do it, thats great.

Most people will spend everything they earn, if they earn more they spend more, but we need to break that link.

Alan stated that once this gap is established, it will be vital for Britons to build an emergency fund for when things go wrong in life.

He continued: Many things can happen in your life that you really need to prepare for. So start with an emergency fund of 1,000 that you can build up over time.

Then pay off expensive debt, which for us is anything over five percent interest. This may take months or even years, but it is worth doing.

At this point, you can then move on to expanding your emergency fund to maybe three months worth of expenses.

Finally, after youve done that, your emergency fund can help you when you start a key step which is to invest. Investing is an incredibly complex world, but really it can be simplified. Look for low cost investments, dont let funds eat up your money for no reason.

Sometimes you may slip back a step, but at least you have a goal.

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Retirement and me: Possible for anyone! Couple explain how they retired at 35 and 40 - Express

That said, more than half (55%) in Malaysia are planning to retire early, but are unsure if they can the highest figure across Southeast Asia. Such a sentiment was found to be the lowest in Thailand (40%).

Southeast Asians surveyed want to achieve financial independence and retire early (known as 'FIRE'), with more than six in 10 (62%) respondents expecting to retire in their 50s or 60s.

Further, six in 10 (60%) believe retiring early (before their 50s) is "a possibility", but only close to two in 10 (14%) think they are "on track" for early retirement.

These were some findings discovered by data & analytics companyMilieu Insight through its Financial Independent, Retire Early study, which analysed how 1,500 Southeast Asians, aged 18 to 49, across Singapore, Malaysia,Thailand, Indonesia, and the Philippines, are "aggressively tightening belts, and finding multiple sources of income in order to achieve early financial freedom".

Looking at Malaysia's figures, more than one in 10 (12%) say that they are "on track" for early retirement the same sentiment expressed by respondents in Indonesia (12%). Respondents in Singapore are the least "on track" for early retirement, at 9%, while those in the Philippines are the most "on track" (18%). That said, more than half (55%) in Malaysia are planning to retire early, but are unsure if they can the highest figure across Southeast Asia. Such a sentiment was found to be the lowest in Thailand (40%).

With regard to other metrics, such as "not planning to retire early", Malaysia ranks fifth behind Indonesia at 46%, Thailand at 43%, the Philippines at 40%, and Singapore at 38%.

What then are Southeast Asians doing to reach the early retirement stage? According to report findings, the "most common" strategy deployed is saving regularly (71%). This is followed by financial discipline (63%), and investment (63%), strategies that are also the top five for those in Malaysia trying to reach early retirement.

Finding additional employment is, on the other hand, one of the "much less common" strategies, used by 37% of respondents. That said, this is a strategy that resonates more with those in Thailand (54%). Investment, it was discovered, is also more common among more than half of those in Singapore (56%), and in the Philippines (53%).

"Perhaps due to vast amounts of resources on the Internet, most people are hands-on for retirement planning, with only 31% of those who plan to retire early saying that they have a financial consultant to help plan for retirement," the analysts shared.

At the moment, more than half (57%) of the respondents across Southeast Asia feel "very or somewhat" positive about their journey towards achieving early retirement. It was also revealed that betweenthose who are "on track" for early retirement, and those who are"planning to retire early, but unsure if they can", those in the former group (83%) tend to feel "more positive" about achieving early retirement, while less than half in the latter group (49%)feel "very or somewhat" positive.

ALSO READ:Reminder: Retirement age in Singapore to increase to 63 starting from 1 July 2022

Images / Milieu Insights

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Southeast Asians want to achieve early retirement, with 12% in Malaysia saying they are "on track" - Human Resources Online

India, a land of developing businesses and labels, has been working towards evolving itself across varied verticals. However, the nation experienced disruption due to a lack of financial sustainability in the past few years, especially with the health crisis surfacing and other contributing factors coming to light and leading to the decline of firms, especially the highly leveraged ones on the ground. With revenue losses, increased costs, withdrawal of funding, rapid trade contraction, and value chain disruptions, the country witnessed a turbulent ride. Its no secret that businesses have been struggling to stay afloat during the pandemic. But as we start to emerge from the other side, theres an opportunity for businesses that strive for financial stability and independence to thrive.

Yes, the crisis has been a devastating period for many companies. However, some firms were able to bounce back owing to their reform, resolve , and imagination coupled with their effective business sustainability model that drives innovation. They had an understanding of how the market works despite being hit hard during this time period because they had support from previous years profits. These companies were financially sustainable and practiced monetary independence. This is why they also had pre-planned backup plans if anything wouldve happened again or if there are just bad times overall which is what made these businesses so successful-they knew exactly why things happen sometimes but also could handle them when it mattered most without ruining the companys stability. And with the recent industry scape in mind, its about time for everyone to level up and channelise their energy into establishing sustainable operations and going green.

By green, we dont only mean healthy for the environment but also healthy to finance and stabilize ones own company. In uncertain times like these, its more important than ever to be investing in sustainable practices that will help reduce your carbon footprint and protect our planet for future generations. And as consumers become more conscious of the environmental impact of their purchasing decisions, theyre more likely to support businesses that are doing their part to make a difference. So if youre running a sustainable business, now is the time to put your green credentials front and centre and show the world that youre part of the solution.

The current economic climate is an indication of how important it will be to have inclusive policies in place for when conditions get worse. Private companies with low debt and self-financing abilities can better withstand fluctuations because theyre not relying on other sources, like banks or governments helping them out during hard timestheyve got themselves covered! This means that these small business owners may become even more resilient than usual during our next depression (in case we have any). We need sustainable growth now more than ever before; lets make sure there are plenty of opportunities available so everyone has a fair shot at success.

As a low debt self-financed business, you can drive new sources of supply by turning the underprivileged section of people at the end of the economic pyramid into consumer markets. Financially sound businesses demonstrate effective crisis responses that play a crucial role in boosting public & humanitarian response with resilient build-back and inclusive recovery promises. A well-run company ready to take on any challenges faced during difficult times while delivering great results even when things get tough.

The market volatility of recent years has caused many businesses to change their approach. This is a chance for sustainable companies that can play an important role in counteracting the effects on society when things go wrong because theyre more agile and Include themselves with other players during this time period where debt financing might not be possible due to low revenue generation or even losses incurred by some firms as well. The self-financing Low Debt Player stands out among others due to his/her ability to withstand negative economic shocks while still generating profits at current levels which will post crisis despite witnessing significant decreases from what was originally expected.

Sustainable operations will help the industry players in making it big across the nation and beyond it as well. This might be just the right time to draw inspiration and thrive as high as they aspire.

Views expressed above are the author's own.

END OF ARTICLE

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Integrating sustainable financial strategies to carve the road to a better future - Times of India

By Faye Prosser, WRAL Smart Shopper

Whether you are struggling to make ends meet or living more comfortably within your means, everyone can benefit from a household budget. Here are some helpful tips and worksheets to get you started.

For those of you new to budgeting, this will give you a clear picture of where you are financially regarding your income vs. expenses. If you already have a budget, this is a reminder to revisit the numbers and make sure they are still accurate. If there have been changes to your income or expenses, now is a good time to update your budget, especially during this higher inflationary period.

One of the best ways to stay on track with your financial goals is to create a household budget. If you dont have one, you need one now. It is like a best friend that wants to help you become debt free and achieve financial freedom. Listen to what it says, and you will know what you need to do in order to live comfortably within your means. Its one powerful piece of paper (or online program)!

A basic budget shows you how much money is coming in, how its being spent and how much you have left over at the end of the month (and hopefully you have some left over). Developing a budget is serious business, and a workable, realistic budget is the key to helping you meet your financial goals.

Be prepared to sit down with your financial records, a pencil, a calculator, some scrap paper and plenty of patience. Feel free to work on part of the budget one evening and finish the next night. Creating a budget can take a couple hours, but it doesn't have to happen in one long marathon session.

To develop your household budget, follow these steps:

1. Start by printing the Budget Worksheet HERE.

2. Look over the worksheet categories and amend them to fit your income and expenses. Add and delete categories as they apply to your specific earnings and spending habits.

3. Calculate your average monthly income including net employment income, spouses income and all other sources of income.

4. Use your checkbook, bills and receipts for the last two to three months to average how much you are actually spending per month on the budget categories listed.

5. For expenses that occur more or less often than monthly, convert the annual amount to a monthly figure when calculating the monthly budget amount. For instance, if your homeowners insurance is paid yearly, divide that annual cost by 12 to obtain the monthly amount.

6. Total the income category and total the expenses category.

7. Subtract the total expenses from the total income to calculate your net income (Income Expenses = Net Income)

8. If your Net Income is a positive number, good for you! This means that you have money left over at the end of the month after your expenses have been paid. Apply any extra money to paying off debt and increasing your savings. Remember that extra money left in a checking account tends to be spent.

9. If your Net Income is a negative number, then your expenses equal more than your income and it is time to make some immediate adjustments in your spending. You are living beyond your means and it is time to apply some frugal living techniques right away. Check out the article "Getting Out of Debt" for more information on paying off your debt.

10. Review and update your budget quarterly (or at least every 6 months) to see if any changes need to be made and to ensure that you are staying on track. I know that sounds like a lot of updating, but you can see at a quick glance if anything has changed in the categories and make changes as needed. Your budget will let you know right away if you are spending more than you should. Listen to it carefully and heed its warning if you are spending too much.

11. Once you have completed your budget, it is time to record your daily expenditures in order to determine where you can cut expenses and control total spending. Track your expenses, every day, for everything you spend in a month (minimum of 2 weeks). I know this sounds like an incredibly tedious project (and it is), but it works I promise. At the end of the month, you will have a crystal clear picture of where your money REALLY goes and what non-essential expenses you can cut immediately to get to a positive net income.

If you prefer an online budgeting option, and there are many, see this list of top budgeting software programs.

* Create a Financial Goals Worksheet and list your short-term, medium-term and long-term goals. This worksheet will help you determine how much you need to save each week/month in order to meet your financial goals by the specified period of time.

* List your goals on the worksheet. Make sure you work with your spouse/partner (if applicable) to set the goals so you are both on the same page when it comes to spending and saving.

* Determine how much you will need to set aside each week/month to reach each goal in a specific amount of time.

* Amend your household budget to include the amounts for the goals.

* Post your goals in an easy to see location to keep you motivated and on track.

* Review your goals on a quarterly basis to make sure you are still on track. If you find that you are not meeting some of your goals, you may need to change your spending habits or amend the worksheet. Life happens and sometimes you may not reach a goal when planned. The key is to keep working towards the goal.

The next step for many after becoming debt free, is to aim for financial independence (FI). This is the point where you have saved enough to live off your investments (or investments plus Social Security) and you no longer have to work to pay your expenses. There are people who reach FI in their 20's and people who don't make it until their 60's. No matter how old you are, it is never too late to employ the methods used by the FI movement to become more financially secure.

I recommend the website Choosefi.com and encourage you to listen to the informative podcasts on the site. If you are new to FI, there are plenty of beginning resources available on this website as well. See more details at Choosefi.com.

You have now made it through the eye-opening world of budgeting and should have a much better idea of where you stand financially. Continue to update your budget, especially as your expenses drop and you live more frugally.

As I always say, its your money spend it wisely!

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Create a household budget to live more comfortably within your means - WRAL News

Chicago,United States June 17, 2022

The Gold Rush Crypto Summit educates the crypto community beginners about the phenomenal secrets of how to participate in secure cryptocurrency platforms and achieve financial independence. It is dedicated to holding everyones hand and educating them on the biggest truth people dont know about bitcoin investment and how to use cryptocurrencies to develop wealth.

Despite the fact that cryptocurrency has been around for more than a decade, many people still think of it as an alien term. While many people have heard of the word cryptocurrency, many more have no idea what it is or what it means.

According to a Bitcoinist post, 38 percent of people in the United Kingdom are unfamiliar with cryptocurrency. According to another survey, less than half of Russians know what cryptocurrency is, and a study published on Seeking Alpha.com indicated that 34% of European clients have never heard of the term cryptocurrency. Despite the fact that the crypto ecosystem is quickly increasing, countries such as the United Kingdom are still unwilling to include cryptocurrency teaching modules in school curricula, which is crucial!

Cryptocurrency education is an essential part of the process of understanding and accepting cryptocurrency. People cannot trust or invest in cryptocurrencies unless they understand their value.

Cryptocurrency education is a vital component of learning about cryptocurrency techniques and processes, and it can be the first step towards financial independence. Here are a few reasons why understanding cryptocurrencies on a personal level is critical.

Cryptocurrency education benefits everyone, from millennials to retirees..

Cryptocurrencies are not just for young people or millennials, contrary to common assumption; they are a significant tool and means of investment for individuals of all ages, even pensioners. Crypto can make a retirees money work for them if they have a huge chunk of money that they are tired of wasting. People can turn their retirement fund into a highly profitable portfolio by learning how to make smart investing decisions in this rising business while studying crypto.

Cryptocurrency education gives a persons investment portfolio a personal touch.

Many crypto investments, unlike traditional stocks and investments, can be carried out alone by the investor. A fancy broker, huge contacts at a firm, or anything of the type are not required. To grow and maintain their bitcoin portfolio, all they need is an internet connection and to study as much as they can about this emerging market.

Cryptocurrency education helps people stay current in the job market.

Staying up to date on the newest trends and developments in order to refine your skill sets is the most crucial method to stay relevant in the job market. Similar to how many people who never bothered to learn fundamental computer skills ended up unemployed in a short period of time, the situation surrounding cryptocurrencies could quickly become the same. Keeping up with these big markets might help people keep their brains sharp and remain relevant in the employment market. Its not just about cryptocurrency, either! DApps (Decentralized App Development), DeFi (Decentralized Finance), and a plethora of other blooming companies in the area of blockchain and cryptocurrency are sure to provide job opportunities.

Cryptocurrency education assists people in making the best decisions possible, preparing them for future success.

Learning about cryptocurrencies now, when it is still relatively new, is similar to learning about Amazon in the 1990s. People that learn about Amazon and invest early on benefit. The crypto world has the same potential, and it might help people achieve long-term success and even early retirement.

Cryptocurrency education solves the existing problems in financial systems.

Cryptocurrencies were established to address problems that the global financial system is currently experiencing. Privacy, long transfer times, and expensive commissions were the top worries when it came to banks and traditional financial services. Crypto emerged as a solution to these issues, guaranteeing secrecy, rapid transfers, and incredibly low fee charges. These solutions have contributed to the establishment of a new financial system in which even banks are becoming involved because they are appealing. Many institutions are now considering creating their own blockchains and offering cryptocurrency services. This indicates that these solutions are realistic, and that cryptocurrencies will continue to exist.

There are many tools available to help crypto newbies learn what cryptocurrency is and how they may utilize it to enhance their money. Crypto education has the potential to transform both their minds and their wallets! From world governments to major banks and massive institutions, everyone is learning everything they can about decentralized finance and cryptocurrencies and everyone else should, too!

One of The Gold Rush Crypto Summit co-founders, Rick Hayhurst says, We are dedicated to teaching the crypto beginners on how to invest in safe cryptocurrency platforms and avoid making costly investment mistakes in order to achieve financial independence.

The Gold Rush Crypto Summit is now live. Its a spectacular and extraordinary three-day event that will stream interviews and discussions with some of the Worlds Top Crypto Investors and Experts, who will share their knowledge and success secrets with cryptocurrency.

The summits founders, Monika Krimedahl and Rick Hayhurst, invite the crypto community to attend this must-attend event and learn fantastic strategies and methods on making more money with cryptocurrencies.

Get ready to learn how to start your crypto journey with some organic and effective strategies from the experts.

More information can be found at http://www.thegoldrushsummit.com/crypto-summit

The Gold Rush Crypto Summit prepared a 5-day Crypto Challenge for all the Crypto Beginners and for everyone who wants to start their journey with Cryptocurrency, creating more money and diversifying their financial portfolio.

Register for the challenge now for FREE!

Click here for more information https://goldrushmasterclass.com/challenge

Contact Info: Name: Monika KrimendahlEmail: Send EmailOrganization: The Gold Rush Crypto SummitAddress: 1461 W Summerdale Avenue, #3a Chicago United States, Chicago, IL 60640, United StatesWebsite: http://www.thegoldrushsummit.com/crypto-summit

Release ID: 89076675

If you detect any issues, problems, or errors in this press release content, kindly contact [emailprotected] to notify us. We will respond and rectify the situation in the next 8 hours.

COMTEX_408818478/2773/2022-06-17T02:05:35

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The Gold Rush Crypto Summit Shares The Impact of Cryptocurrency Education - Digital Journal

Being rich and in a royal family is a dream for many, but for Harry and Meghan, the story is a little different. Meghan, Duchess of Sussex, and Prince Harry permanently quit the British royal life to enjoy a financially independent life.

Hmm! Now that sounds a little strange! The announcement came soon after a fortune teller predicted their split from the family as she saw it from her asparagus spears. Interestingly, the prediction came true.

That means the future is, to some extent, predictable, and you can consider getting a psychic reading from a reputable teller if you are concerned about your career, a relationship, etc. If you wish to consult an online psychic, make sure you read the reviews on MysticMag to pick the best one.

Meanwhile, let us try and find out how the prediction of the fortune-tellers helped Harry and Meghan decide to quit the royal family and lead an everyday life.

The fortune-teller saw a drastic situation in the royal family. She saw splits and testing times in the life of Harry and Meghan three years before the couple decided to step back from the senior members of the royal family. The psychic reading also hinted that the royal couple would leave the UK for good. However, Harry, the son of Princess Diana, is not allowed to live outside the UK.

Now, there is nothing wrong with believing that the fortune-tellers prediction boosted the couple in achieving their life goals. They often have been spotted feeling uncomfortable in the media as they didnt like the limelight the family received.

In 2020, Harry and Meghan announced their plans to leave the UK. The British press described their announcement to leave the UK as Megxit, which Harry condemned as a misogynistic term.

There are many stories behind Harry and Meghan leaving the royal family tag. The move followed some rifts in the family, and for some, it was a deliberate move to lead an independent life.

Harry and Meghan, on their Instagram handle, wrote about their desire to step back as the senior member of the royal family. It was then that some media reports said the couple sought financial independence. However, the British royal family members are barred from earning their own money.

They should take the money from the Sovereign Grant, a fund set up by the UK Government. Taking the money from the grant came with a lot of complications. For instance, the press has access to their expenses and has condemned Harry and Meghan for things like renting a private jet.

The privilege of being in a royal family also includes living in a home owned by their grandmother, Queen Elizabeth. That means they cant own property. Harry and Meghan have a good financial background, which means they can buy a property, but they are not allowed. Poor royals!

There is more speculation around the corner. According to a Mirror press report, the couple decided to quit the royal family after an incident that followed the removal of their photograph and their baby Archie from a book during the monarchs 2019 festive broadcast.

The photograph from the Brothers and Wives: Inside The Private Lives of William, Kate, Harry, and Meghan book by Christopher Andersen was allegedly removed at the request of the Queen. After a month after the incident, Harry and Meghan decided to start a new life overseas.

The photograph was initially framed and placed on a desk alongside the other family images. Now, thinking from a parents point of few, anyone would have disliked the move.

A family is an institute where we learn to respect emotions, feelings, and sentiments. A family has to be cordial to survive. Sometimes, respect and feelings come naturally if the individuals are compatible.

Harry and Meghan now reside in Montecito in the US. They are doing quite handsomely on their career front. They have recently launched the Archewell organization and have signed contracts with entertainment companies Netflix and Spotify to produce content.

They enjoy a celebrity life and have a private security team. As the couple stepped back from the royal family, they felt an alleged threat to life to visit the UK. As per a report by Mail on Sunday, Home Office has barred Harry from paying for police protection when in the UK. His familys safety in the UK is one of the primary reasons why we dont see the couple in the UK anymore.

Living a royal life is not always easy. It does come with its perks and downsides. To be in a family with a royal background means you will have to keep your personal affairs and finances open. Imagine yourself living a lavish life that is always subjective to prying eyes. Tough! Right? Let us wish the couple great success in their life, and let us hope the royal couple will bring great entertainment in the future.

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Why Did Harry and Meghan Leave the Royal Family? Where Are They Now? - Salon Priv Magazine