Instead of trying to earn more, try to spend less. Always spend less than you earn, save, and invest the rest! When you start viewing the building of your wealth as powered by your frugality and efficiency, you gain control. Learn to be happy with less stuff (that ultimately ends up in a landfill), and you will automatically save more—and make your savings and investments increase!
Read MoreA RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – MARY ELLEN PLEASANT – ONE OF THE FIRST BLACK SELF-MADE MILLIONAIRES
Mary Ellen Pleasant may not be a household name, but her story rivals that of any great American entrepreneur. In the 1800s, Pleasant became one of the first African-American female self-made millionaires in the U.S. despite the significant obstacles she faced as black woman.Pleasant employed her inherent savvy, building a massive investment portfolio that was reportedly worth as much as $30 million at one time — a fortune that would ...
Read MoreA RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – LEGENDARY INVESTOR JOHN ROGERS JR
THIS WEEK ARIEL, IN PARTNERSHIP WITH SCHWAB, RELEASED THEIR ANNUAL SURVEY OF THE FINANCIAL HABITS OF BLACK AMERICANS. THE FINDINGS, WHILE SHOWING GLIMMERS OF HOPE, REINFORCE HOW MUCH OF AN INVESTING DISPARITY REMAINS. "THE DEEP-ROOTED GAP IN PARTICIPATION BETWEEN THE GROUPS PERSISTS, WITH 55% OF BLACK AMERICANS AND 71% OF WHITE AMERICANS REPORTING STOCK MARKET INVESTMENTS. THIS DISPARITY, COMPOUNDED OVER TIME, MEANS THAT MIDDLE-CLASS BLACK AMERICANS WILL HAVE LESS MONEY SAVED FOR RETIREMENT ...
Read More"I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character."
Read MoreA RAINBOW OF ROLE MODELS – CEO: MARVIN ELLISON – RACE, INFLATION AND VACCINE MANDATES
I don’t believe I am one of the three most talented Black executives in America. There are plenty of uniquely talented individuals out there that simply need an opportunity to demonstrate their leadership ability and their ability to make a contribution to their company or to their industry. I think that part of the solution should be companies, including Lowe’s, should continue to improve how they develop talent, how they ...
Read More“WHAT CEO’S TALK ABOUT” – PODCAST INTERVIEW WITH STYRON POWERS – “FINANCIAL FREEDOM…DON’T SPEND MORE THAN YOU MAKE!”
Styron discovered that about 60% of Americans could not afford a $400.00 to $1,000.00 emergency bill - car, heating, medical, or any other sudden cost. So he started writing a blog to help his readers understand how he had personally chosen financial freedom and how to achieve it for themselves. He also does coaching and mentorship -
Read MoreBLACK HISTORY MONTH ROLE MODELS {SERIES} – JAMES AND JILEA HEMMINGS BECOME FIRST AFRICAN AMERICANS OWNERS OF AN AUTONOMOUS GROCERY STORE – FEBRUARY 25, 2022
Jamie and Jilea Hemmings opened the first autonomous grocery store with robotic delivery in the United States during the COVID pandemic and say their plan is to have hundreds of them across the country.
Read MoreBLACK HISTORY MONTH ROLE MODELS {SERIES} - ROBERT L. JOHNSON, FOUNDER BET – FEBRUARY 24, 2022
"I like to remind our current and future leaders during Black History Month, those of you who have broken down barriers and shattered ceilings and kicked down doors, that the community needs you to stay vocal, visible and involved. Your very example can help broaden horizons and aspirations,"
Read MoreRace is no longer as much a factor in U.S. business. Lewis proved that people of color can launch, lead and own businesses. Blacks have been the CEOs of Time Warner, American Express, Kaiser Permanente and other global companies. Lewis deserves credit for blazing the trail.
Read MoreFor me, every day is Black History Day, every month is Black History Month, and every year is Black History Year. Black History is American History, and WE ARE FIRST AMERICANS.
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