(ThyBlackMan.com) The legend continues. Early in January 2018, Tony Onyemaechi Elumelu, a nigerian billionare investor, founder of The Tony Elemelu Foundation announced a new chapter of his Tony Elumelu Entrepreneurship Program to finance 1,000 young african entrepreneurs during this year. This program opens its 4th cycle. Tony E. surnamed “TEF” encourages ...
(ThyBlackMan.com) After hitting a 50 year low in black home ownership during the housing crisis, the numbers are finally on the rise again. Still, nationally, a little more than 40% of African-Americans are home owners. Considering today’s market, we should be promoting black home ownership for many reasons including investing in ...
(ThyBlackMan.com) Based largely on the economy, some Americans are experiencing a financial boom. But what happens when people who are the embodiment of success, turn up their noses at those they deem financially inferior? The following commentary is based on events told to me by my mentor Crawford E. Hollinger III. ...
(ThyBlackMan.com) Modern America has been hit by turbulent times. Since Donald Trump was elected at the beginning of last year, many have been the news reports that have dominated our information sources daily in relation to what once was the most powerful country on earth. While the economic crisis that started ...
(ThyBlackMan.com) What does success mean to you? How does success look? What have you been successful at doing? The truth is success means many things to many people. For one, success could be improving a bad test score; for another, it could mean just making it to graduation day. One thing ...
(ThyBlackMan.com) Some people have called for a balanced budget amendment to our Constitution as a means of reining in a big-spending Congress. That’s a misguided vision, for the simple reason that in any real economic sense, as opposed to an accounting sense, the federal budget is always balanced. The value of ...
(ThyBlackMan.com) Reflections of a proud father: My daughter Kathryn, declared once she graduated from kindergarten, “girls can do anything dad; one day I’m gonna be a doctor!” I responded incredulously, you go girl!” I shall revisit this premise again at the close of this article. One need only look to ...
(ThyBlackMan.com) Should you save or invest? The short answer is to do both. When you have enough money saved, you should invest some of it to grow your money at a faster rate. And, later, when you get a positive return on your investments, you should also save a portion of ...
(ThyBlackMan.com) President Donald Trump is exposing the haters. They were on full display at the president’s first State of the Union address, or SOTU, where Congressional Black Caucus members refused to acknowledge America’s recent major wins. The useless black Democrats wouldn’t applaud as President Donald Trump highlighted the booming U.S. economy, ...
(ThyBlackMan.com) In the wake of a recent series of anti-consumer actions taken by Mick Mulvaney, the Trump-appointed Consumer Financial Protection Bureau’s Acting Director, a bicameral call for accountability was released on January 31. Led by Congresswoman Maxine Waters of California and Sen. Elizabeth Warren of Massachusetts, two other Congressional Black Caucus ...
(ThyBlackMan.com) Most of us struggle financially at one time or another. Maybe you’ve had to cover a large bill, or your car has broken down. Perhaps you’re still getting over an expensive Christmas or an unexpected cost might have cropped up. It’s hard, and just about everyone (unless you’re very wealthy) ...
(ThyBlackMan.com) By now you probably know that the 2017 Tax Act significantly limited the deduction of state and local taxes against your federal income. For most Americans — particularly ones in low-tax states or states with no income taxes — these new rules will have little effect on your life. For ...