(ThyBlackMan.com) I’ve run across many people that seem to think that having a job is the best way to create financial stability. I’m aware that it’s a common idea, but it always floors me when I hear it. Owning a business and having passive income are much better ways to ...
(ThyBlackMan.com) While working in Boyle Heights this week I realized that there are some amazing things about investing for retirement that some folks don’t know about. Setting a little money aside today to build a retirement, and generational wealth, tomorrow is really simple and it’s rather fun to watch your ...
(ThyBlackMan.com) Anyone who knows me, knows I’m anti-“success,” anti-“industry” and anti-anybody and everybody who’s in the business of selling dreams and…LIES! I get it…I get though…everyone in the world wants to achieve some level of success. No one wants to live broke and destitute. But what really bothers me is ...
(ThyBlackMan.com) Because I’ve been fired several times, I personally advocate this as a means of moving a person into their greatness. Don’t look at me sideways. I say this because, people get comfortable and complacent. Generally, it’s not until a person gets the boot, and they’re snatched from their comfort ...
(ThyBlackMan.com) Millions of Americans endured financial calamities in the recession. But for many in the black community, job loss has knocked them out of the middle class and back into poverty. And some experts warn of a historic reversal of hard-won economic gains that took black people decades to achieve. ...
(ThyBlackMan.com) With so many people celebrating our country’s Independence Day, it seems only appropriate that we should take a moment to consider how to create personal, financial independence. There are five simple steps that can help you create, and manage, generational wealth. Remember, it’s not how much you bring in ...
(ThyBlackMan.com) As Congress and the nation continue to hurdle towards the critical August 2nd deadline for raising the debt limit, I am amazed that while the clock is ticking on America’s AAA credit rating and the viability of our entire economy, some of my colleagues continue to cling to an ...
(ThyBlackMan.com) One of the last holdouts in the onslaught of major corporations seeking to take over the black-owned media space was the Johnson Publishing Company, which runs Ebony and Jet Magazines. As Essence Magazine, BET and other outlets found themselves running into the arms of a financial white knight, the ...
(ThyBlackMan.com) Commitment is one of the most sacred words that can be said to a woman, and most times just the mention of it will make men run so fast you would think they are trying to get out of the rain. My concern though is not commitment between a ...
(ThyBlackMan.com) Think professional help is too rich for your blood? A financial adviser comes clean… Let’s say you’re a first year school teacher, with a Masters degree, and you’re making about $45,000 a year. Yes, you need financial planning—and in all likelihood, a professional financial planner to help. How about ...
(ThyBlackMan.com) For many, visiting an automated teller machine (ATM) is part of a routine, much like grocery shopping and filling up at the gas pump. With new, sophisticated scams to pilfer personal financial information, it is smart to be increasingly vigilant in your efforts to protect yourself and your financial ...
(ThyBlackMan.com) Russell Simmons’ “RushCard” is being investigated by Florida officials for being predatory and misleading, along with four other prepaid debit cards. Companies offering prepaid debit cards are becoming quite common. Everyone from American Express to Wal-Mart, is offering a way for customers to have access to funds electronically without ...