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How to Achieve Black Wealth through 10 Financial Articles
The economic state of Black America report found that 3.5 million Black families have a negative net worth. Here are Black wealth solutions.
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The Nouveau Rich and Non-Affluent Millennials
We are Living in the Age of the Nouveau Rich, Black Excellence, Sharper Couture, and #TravelNoire. College grads who Hope to Start at $100K.
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How I Improved My Salary by 5x in 5 years
Back in 2012, I was hit with the perfect storm. It was as if God was throwing rocks at me so that I could eventually avoid the boulder. Being poor is indeed the hardest job in America. Here are the five unfortunate events in no chronological order: The (then) girlfriend broke up with me for her abusive ex. Her number one concern is that we would always be financially broke. My credit card bounced. That moment when the cashier rings you up and nothing happens. You let them know to run it again and nothing happens. You go home mad and make the call to the credit card company. And you finally realize that…
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Do Blacks in the US Deserve Wealth
Despite progress in educational attainment, disposable income and increasing diversity and inclusion efforts, this generation will still face the largest racial and ethnic wealth gaps on the road to equitable prosperity. In essence, this will definitely get worse sooner and last longer.
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How to go from Broke to Affluent: A Guide to the Seven Wealth Stages of Financial Freedom for Millennials
A guide to the Seven Wealth Stages of Financial Freedom. Move boldly while remembering that everyone had to start somewhere.
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How to Build the Next Black Multi-Millionaires
How to Build on the Net Max Financial Plan to Transform it into the Net Max FIRE Plus Strategy for Long Term Generational Wealth.
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How to Read in a Digital Age
“The Purpose of Reading. The purpose of reading is to connect the ideas on the page to what you already know. If you don’t know anything about a subject, then pouring words of text into your mind is like pouring water into your hand. You don’t retain much.” Donald Martin, How to be a Successful Student, 1991 Print as a Medium is Dead I remember seeing the class title, Reading Comprehension throughout middle school and maybe some of highschool. I never understood why they didn’t call the class, English Literature, or just “Reading”; now I know. Reading comprehension is the intentional act of engaging with what is being provided by an author. It’s not enough to…
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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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How to Beat Money Trauma. A Guide For those that Worship Money to those who Avoid Money
Stop Counting Other People’s Money. Beating The Need for Stuff and the Urge to Flaunt Last Friday, I was duped into a coffee meet-up with a financial advisor. Instead of a cold call; like some sort of supervillain, he revealed that this was a cold meetup. The betrayal was indeed real. The experience ended up burning a significant portion of my day off. I was left with two takeaways. One, always ensures that there is a firm purpose if someone wants to link up with you. If there isn’t a Return on Investment (ROI), it’s a waste of your time. Once you reach 30+, “me time” becomes a precious commodity. Secondly, always have a firm…
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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…
