https://fortune.com/2020/06/01/black-ceos-fortune-500-2020-african-american-business-leaders/
In 2020 A List of Fortune 500; there were only 5 Black CEO's. And when the cycle of money is broken; what financial window will open? And when we can no longer communicate and respect one another’s sacrifices and lending hands. Who then can we lean on for sincere financial directions. For the children in this generation if not near or closer to struggling without knowledge? And in some situations for no reasoning; but fear to change an attitude and vision.
Wealth is not always what another person leaves at death, it is not a promissory note to ensure you live your best lives of good fortunes with someone else. Or neither is wealth passed on if there is no financial knowledge to invest in its growth. So why do some people turn into savages with resentment of entitlement for money that was either worked for by someone else. To ensure a mature person establishes the next generation to receive wealth?
When we are attempting to assist other people who are not
money savvy there are things to be considered. Before the trail of endless
giving; first establish the understanding with respect of the persons situation and then provide to them guidance in the event they will listen; because some people will allow their circumstances
to become your long term obligations. Unrealistic expectations.
And what many of us have learned is this we cannot all live
in a mindset of Fantasy Island; where Mr. Roark is not a real person in our real
life situations.
We can all share our work experiences. As for myself a young girl at the
age of 13 years of age I worked in the community with many elders; and what it taught me was to mentally prepare
my mind for a shift to occur financially in this new generation. And after my only child deceased
he had plans to intervene; where greed would turn into rage, spite and present envy.
We can fall behind getting caught up in the $ sign, before investing
patience, knowledge and time in educating ourselves on how pennies turn into dollars,
and nickels turn into dimes. And for every fifty dollar bill tucked away its closer
to reaching a $100 dollar bill on any given day. Because some people are planning around the reality of taking short cuts, plotting, scheming and establishing blind commitments. With the wrong intentions to gain money out of entitlements.
This may not apply to you today; but do not be surprised
once someone is in need of your financial assistance. Are you one day fall short of understanding by investing the money you are holding; was taken for granted.
Shall we proceed to understanding if not respecting the
access in credit and raw tender? Since the Covid-19 has impacted the world financially.
Inflation escalated, jobs are being furloughed if not lost, pensions are being
replaced with 401k’s, mortgages and rents collapsed, credit lines dropped if
not closed with balances that remain in promissory notes of balances still
owed. And those welfare benefits will not accommodate the beginning of the
domino affect; let’s proceed in doing the math.
In the event the plans occurs in July, 2021. The question in the meantime is what plans have we made on your own. This example was significant because someone is banking only of this 1yr government plan.
3600/12=$300
month
The average single parent receiving welfare with at least 3kids
under 6yrs of age=$900 month.
3000/12=$250
month multiplied by children under 18years of age.
The purpose of the video; is for us to fix the immature understanding at this level. In order to make it to a new level.
