(ThyBlackMan.com) As part of our project on “Financial Lovemaking,” S Tia Brown and I explore the roots of our connections to money and why it makes us do what we do. Most of us are deeply linked to our financial situations yet do not realize that our relationships with money ...
(ThyBlackMan.com) The Federal Reserve Bank (Fed) announced on January 29th that it has decided to continue to reduce its bond buying activities, thus taking more easy (cheap) money out of the economy. What the stock market signaled with its downturn of close to 400 points over two days in the ...
(ThyBlackMan.com) Remember that movie with the Wayans Brothers? After stealing some credit cards, Damon’s character, Johnny Stewart, had everything he ever thought he wanted. He spent a lot of money on “things” and still found himself with more than enough cash to do whatever he wanted. I am also reminded ...
(ThyBlackMan.com) Most of the stress of writing a business plan comes from feeling like you don’t know what to do. This is a daunting task even for industry veterans. For a first time business owner it can feel like you’ve failed before you’ve even begun. With stress like this, your ...
(ThyBlackMan.com) When it comes to gaining true freedom, the words and actions of our most revered Black authentic leaders emphasized economic empowerment. Unfortunately, many of those who spoke the truth and tried to establish an economic foundation for Black people were ostracized, caricatured, vilified, and even assassinated. Despite their sacrifices ...
(ThyBlackMan.com) The stock market has been mixed lately as a result of the Federal Reserve Bank’s (Fed) announcement that it will reduce its bond buying activities, which started December. Because tapering or reducing the purchase of government debt at very low interest rates is not good for stocks, and will ...
(ThyBlackMan.com) Warren Buffett is rich, very rich. This past year, Buffett’s wealth grew by a stunning $12.7 billion dollars, up to $59.1 billion. All of this according to Wealth-X, a firm that studies the nation’s super rich. This means that Buffett’s wealth grew by $1.5 million dollars per hour, every ...
(ThyBlackMan.com) Think about this: How much money – both now and in future earnings – are you losing because you simply don’t have the energy to perform all of your essential, everyday tasks? What if you had more energy to go back to school and complete that degree plan? To ...
(ThyBlackMan.com) The Federal Reserve Bank (Fed) through its qualitative easing program(QE) has produced some very impressive unemployment numbers for the month of November. The national unemployment rate dropped from 7.3% to 7.0%. The program attempts to create the right economic environment for job creation. The question is with these good ...
(ThyBlackMan.com) Yes, criticism of Mr. Obama is good for black folks, because sometimes, criticism brings about needed change. Many blacks, especially black women, irrationally support this president’s agenda, which has proven by the Pew Research Poll (http://www.people-press.org/2013/11/08/obamas-second-term-slide-continues/ ) to be out of step economically with what is wrong with America. ...
(ThyBlackMan.com) I’ve been teaching finance at the college level for 20 years, so I know how money works. I’ve also been a black man for as long as I can remember. So, putting these two things together, I can tell you that as a black man, I feel quite strongly ...
(ThyBlackMan.com) “Who’s On First?” depicts Abbot and Costello going in circles attempting to communicate simple answers to simple questions. In a similar respect, black people have been faced with this daunting task. Since the 1863 Emancipation Proclamation claimed to have freed 4 million enslaved Africans, black people in America have ...