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Black Media and the Absence of Black Wealth in America
According to 2013 data from a paper by the progressive think tank Institute for Policy Studies, they found that it would take 228 years for the average wealth held by African Americans to catch up.
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Black Men and the Rebirth of the Financial Role Model
Only 17% of Black men have a bachelor’s degree. We have to change that drastically. African American males, ages 16 to 64 have a lower participation rate in the labor force (67% compared to ‘all males’ 80%). It has gotten so bad that over 20% of work-eligible black men did not work for all of 2016. The usual reaction to this is, “Not me”. I’m not here for the emotional vanity so please check your unfettered femininity at home. It might not be you. This is the reality for a lot of people that you don’t run into or communicate with, on your normal work-to-home commute. The people we actively avoid on our…
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The Downside of “Black Girl Magic” and “Black Boy Joy” – Black Financial Wealth Stats (2019)
The Downside of "Black Girl Magic" and "Black Boy Joy" - Black Financial Wealth Stats (2019)
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Extreme Warning! Don’t Be Average. How to reallocate $20,000 per year
The average American household brings in about $68,000 and spends $63,000. After FICA (Social Security and Medicare) tax of 7.65%, the income already drops to $62,798. There you have it, the problem in high definition.
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The Story of a Bad Black Man: the Most Important Speech that Black Men Need to Know
What remains are your words and how you made others feel. So let your's be the story of the Bad Black Man, who saved the world from itself.
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How to Start Your Black Financial Independence Revolution
Every good decision is not binary. Investing in a 401k for example; earns you the matching contribution, tax avoidance, bigger refund, growth in mkt valuation, and even reduction in student loans. It's a smarter way to FI
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3 Out Of 4 Black Men Are Unemployed Or Underemployed, Is Black Debt Freedom Journey Even A Thing?
Every good decision is not binary. Investing in a 401k for example; earns you the matching contribution (if any), tax avoidance of up to $19,500, lower AGI, high tax return, growth in mkt valuation through dollar cost averaging, and even reduction in student loans based on taxable income.
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How to Invest in your first Generational and Passive Income Portfolio
Wanna ensure wealth for your family for generations to come. Here's How to Build a Zodiac Portfolio for dividends every month, every $10,000 equals $360 per year forever.
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Making Net Worth Wealth Goals FIRE for Fall 2020
T’is the start of my favorite FIRE money season. Bustling New Budgets and Money Managing Changes to Close out the year.
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Tracking the Neighborhood Finance Guy’s Best Million Dollar Net Worth
What is a net worth? The nerdy version – your Assets minus your liabilities. In simple terms, what you have (value wise) vs what you owe. This goes way beyond what’s on your bank statement or what you see on the app.
