Tag Archives: wealth-building

Our Choice: To Empower

Can a middle-class, professional, suburban black couple lead a Black Power movement?

My family made a choice, publicly, to spend as much money as possible with Black…

By Maggie Anderson

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Banking on Our Own

Investing in black-owned financial institutions is investing in ourselves

It’s expensive to be black in America. Recent studies and lawsuits prove we are overcharged…

By Zachary Raynell Rinkins

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Establishing A Legacy of Wealth: Part 4

We must take control of our destinies

When all is said and done, we have the ability to take control of our…

By Ryan Mack

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My Beef With Black Business

Black-owned companies need to spend more money with black-owned media

Our businesses leave BE and other black media hanging. When Forbes, Business Week or The…

By Zachary Raynell Rinkins

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Establishing A Legacy of Wealth: Part 3

We must take stock of how we spend

Many African Americans are more concerned with what we are wearing, what we are driving…

By Ryan Mack

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Establishing A Legacy of Wealth: Part 2

It's time to take care of business

Yes, we have been oppressed, but we can do much more to help ourselves. Why…

By Ryan Mack

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Establishing A Legacy of Wealth: Part 1

We must work on taking the poverty out of the people

No, we haven’t had the best of times since arriving to this country. It…

By Ryan Mack

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Closing the Wealth Gap

Fight continues in promoting financial freedom for minorities

Even before the financial crisis hit Wall Street, the net worth of the average American…

By Carolyn M. Brown

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A Woman’s Wealth

When black enterprise last featured the topic of women and money management in 2003, we…

By BLACK ENTERPRISE Editors

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Empowerment Experiment Shines Light on Black Business Blight

Chicago couple pledges to "buy black" for 2009

Like many other blacks in Illinois who live in areas where mainstream grocery stores are…

By Marcia Wade Talbert

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wflprinciple11

1. I Will Live Within My Means

Many people get into a bad habit of spending more than they earn or spending…

By Carolyn M. Brown

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2. I Will Maximize My Income Potential Through Education and Training

How training and education can boost your earnings potential.

By Carolyn M. Brown

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3. I Will Effectively Manage my Budget, Credit, Debt, and Tax Obligations

Regardless if you earn $45,000 or hundreds of thousands of dollars a year, a budget…

By Carolyn M. Brown

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1. Make sure your investment portfolio has exposure to emerging markets like China and India. They recommend that no more than 10% of your portfolio holdings should be invested in these assets.

4. I Will Save At Least 10% of My Income

It’s not enough to just make ends meet with the salary you are earning. You…

By Carolyn M. Brown

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(Image: Thinkstock)

5. I Will Use Homeownership as a Foundation for Building Wealth

While these are uncertain economic times, financial experts agree that owning a home is still…

By Carolyn M. Brown

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6. I Will Devise an Investment Plan for My Retirement Needs and Childrens’ Education

The reality is that your chances of building wealth are optimized when you invest. It…

By Carolyn M. Brown

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wflprinciple7

7. I Will Ensure That My Entire Family Adheres to Sensible Money Management Principles

Talking about money matters at the dinner table may not have been polite conversation long…

By Carolyn M. Brown

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wflprinciple8

8. I Will Support the Creation and Growth of Minority-Owned Businesses

Disposable income in the black community is still on the rise. Black buying power today…

By Carolyn M. Brown

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9. I Will Guarantee My Wealth is Passed On To Future Generations Through Proper Insurance and Estate Planning

Let’s face it: Nobody lives forever. No matter how much you want to deny it,…

By Carolyn M. Brown

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10. I Will Strengthen my Community Through Philanthropy

Contrary to some people’s perceptions, you don’t have to have the big bucks like Oprah…

By Carolyn M. Brown

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