Tag Archives: wealth-building

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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WFLPrinciple3EXC

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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wflprinciple6

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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