Dr. Dennis Kimbro, author of The Wealth Choice: Success Secrets of Black Millionaires says, “I can tell you unequivocally wealth is not a function of gender, not a function of race. It is not a function of circumstance. It is not a function of condition—how the cards were dealt, which side of the town you were born on, but it is a function of choice, a … [Read more...]
5 Estate Planning Moves You Must Make to Leave a Legacy For Your Family
Recently, I got off the phone with my mom, who shared some family updates— the on-goings of our family in the States, Antigua, and Tobago. Most of the news was positive; one piece wasn’t so positive, though. I learned that a family member was at the beginning stages of a debilitating mental and physical illness. When I hear about illness, I can’t help but think about death. … [Read more...]
5 Crucial Tactics For Crafting a Wealth Building Mindset and Securing Generational Wealth
Shifting your money mindset from spending to building wealth is the cornerstone of any wealth-building plan. Achieving this mindset begins with adjusting your overall approach to spending and your overall relationship with consumerism. In addition to the great suggestions offered in the video below, here are five ways you can craft a wealth building mindset and create … [Read more...]
Here’s How My Son Sold His First House at 14
By: Kito J. Johnson As a single father, I involve my children in nearly everything I do. I’m the broker of a realty firm. That means lots of business meetings and time spent with associates, and they all know who my children are. Family is a very important aspect of my life and so is my business and anyone who knows me will agree. Many professionals love to imagine the … [Read more...]
These 4 Traits Can Turn Your Child Into a Money Mastermind
You want the best for your children. So what can you do to ensure they become adults who are happy and prosperous, rather than ones who are stressed out, living paycheck to paycheck? Teaching them about saving, debt, and compound interest is a good start; but instilling them with the right attitudes and mindsets is even more important. That’s because psychological failings … [Read more...]
The Next Recession is Overdue. Here Are 4 Ways You Can Prepare for It
In the words of the popular Game of Thrones television series, “Winter is Coming.” But with the threat of a recession in the future, are you financially prepared? That’s one of the questions raised by a new GoBankingRates survey which found that not only are many of us still reeling from the last recession which occurred nearly a decade ago, but we're also ill-prepared for … [Read more...]
Money Monday: 3 Money Lessons You Really, Really Should Tell Your Grad
Sometimes I yearn for the ability to go back and fix the failings of my younger self, knowing that the financial mistakes I made back in the day have cost me dearly. But lacking a time machine, I’ve settled for trying to help others avoid those same financial missteps. So if you have a recent high school or college graduate, teach them these lessons while they're still … [Read more...]
Sixty Years Later: Here’s What the Black Lives Matter Movement Can Learn from Rosa Parks
Sixty years ago today, Rosa Parks sat down, took a load off, and unwittingly became the icon of the Civil Rights Movement. For one year, African Americans boycotted the bus system in Alabama. For one year, they protested, marched, and protested some more with their dollars and their sense. Thanks to Rosa, and many who have come after her, African Americans have come a long … [Read more...]
African American Gemologist Shares 3 Super Important Steps in Choosing the Perfect Engagement Ring
The holidays are upon us and there's nothing like sharing in good food, good times, and good love. This time of year, it's not unusual for couples to take a leap to the next level of their relationship and go from merely dating to an engagement for marriage. Because that leap is an emotional one, it can be overwhelming to choose the perfect engagement ring whether you decide … [Read more...]
Money Monday: How to Know What’s Putting Money in Your Pockets and What’s Taking It Out
I learned recently that one of my relatives just purchased a boat. All I could do was shake my head, knowing that this new purchase would continue to take money from his pockets long after the boat had been paid off. Docking fees, maintenance, and gas would be money drains for years to come. He had just made a mistake that millions of us make every year. Instead of … [Read more...]
Generation One Blog Tour: Discussions And Lessons on Creating Generational Wealth
As you may know if you follow this site closely, Lamar and Ronnie Tyler just completed a three-city tour for their fifth and latest film, Generation One. Atlanta, DC and two Chicago shows had sold out theaters in all three cities. Well, we recently partnered with some of the best bloggers around and created the Generation One Blog Tour. We asked bloggers from all over to … [Read more...]
Screening Dates Released for Our New Film – Generation One: The Search for Black Wealth
You've seen the trailers that we've posted the past few weeks but today we're excited to release the dates for the official tour for our latest film Generation One: The Search for Black Wealth. Check below for the trailer, synopsis, pre-order details and dates for the tour. It is our desire to spark a national conversation about wealth in the African American community. … [Read more...]