Re-empowering the global Black community through historically centered re-education that empowers aspiring Black visionaries to develop their world DIFFerently.
Global #SteerYourBlack
Joined July 2016
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A THREAD: How to start an impactful business Pt.1
Black folks have a tremendous ability to be agents of change and wealth can play a key role in that change. So the question is how do we as a people gain enough wealth to create the environments we need to thrive. .
Pt. 4
You can start small and scale later but the key is to understand the challenge so well that the solution becomes more and more apparent. The next step is taking action. Test your solution. Make prototypes, run pilots, share your solution with your family and friends.
Pt. 2
One of the keys to financial success is saving. It allows us to cover emergency expenses, pay off debt and invest in order to grow our money. Cutting expenses wherever possible and taking control of our spending habits is essential to starting our savings journey.
DIFFvelopment retweeted
THIS is important. This is a monumental moment in American history as there are centuries of racism and injustice that have robbed the Black community of wealth and its right to its own labor.
“True peace is not merely the absence of tension; it is the presence of justice.” #MLK
A Thread: Wealth in America
According to a report by the Lending Club 63% of Americans are living paycheck to paycheck and the average American has $90,460 in debt according to CNBC. Fortunately, there are many ways to remain on top of our finances.
Start by setting realistic savings goals. Write out how much money is coming in and going out and figure out how much of that can be saved. Planning your savings in written form will influence your money habits for the better and keep you on track.
A Thread: Key Principles of Building Black Wealth
A key principle to follow when building wealth is budgeting which is the act of estimating your income and expenses over a set period of time. Budgeting assists you in eliminating debt and building a foundation for wealth.
This budgeting method involves you determining where every dollar is going on a weekly or monthly basis and is for folks who want complete control of their money.
A THREAD: HOW TO NARROW THE RACIAL WEALTH GAP PT.1
While the racial wealth gap has persisted for over a century, there are many steps we can take today to reduce it. The first step is to gain a better understanding of our personal finances and how to build wealth as Black folks.
A THREAD: HOW TO NARROW THE RACIAL WEALTH GAP
Start thinking about what luxuries or non-necessities you can sacrifice to free up funds that can be used to tackle your debt. Are you spending money on things you don’t need?
