Two of the most important things black people should know about money
3.5 هزار بار بازدید -
3 سال پیش
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In this video, I speak
In this video, I speak of two important financial concepts that every black person needs to know about money: Capital accumulation and access to capital.
Capital accumulation is a long-term wealth building process that leads to the financial strength and security. Without such a long-term economic plan, it's easy to find yourself living paycheck to paycheck. This is both stressful and unhealthy.
The second concept covered in this Black Money Minute is an idea called Access to Capital. Access to capital is one of the leading problems faced by black people around the world. Without access to capital, it's extremely difficult to build wealth in the black community.
So, the future of #BlackWealth depends heavily on what #BlackPeople do when it come to storing our resources, growing them and pushing banks to loan money to members of the black community. But even beyond that, the formation of investment clubs and other groups allows for the pursuit of long-term economic objectives that can benefit our community and even help us establish more #BlackOwnedBusinesses.
The Black Financial Channel is a news and business channel designed specifically for the African American community. We give daily financial updates on stock markets, investing and other related topics that appear in financial news.
The Black Financial Channel is sponsored by The Black Business School. To join The Black Business School and get started for free, please visit http://TheBlackBusinessSchool.com.
You can enroll in Dr Watkins' Stock Market Investing class by visiting http://TheBlackStockMarketProgram.com.
Capital accumulation is a long-term wealth building process that leads to the financial strength and security. Without such a long-term economic plan, it's easy to find yourself living paycheck to paycheck. This is both stressful and unhealthy.
The second concept covered in this Black Money Minute is an idea called Access to Capital. Access to capital is one of the leading problems faced by black people around the world. Without access to capital, it's extremely difficult to build wealth in the black community.
So, the future of #BlackWealth depends heavily on what #BlackPeople do when it come to storing our resources, growing them and pushing banks to loan money to members of the black community. But even beyond that, the formation of investment clubs and other groups allows for the pursuit of long-term economic objectives that can benefit our community and even help us establish more #BlackOwnedBusinesses.
The Black Financial Channel is a news and business channel designed specifically for the African American community. We give daily financial updates on stock markets, investing and other related topics that appear in financial news.
The Black Financial Channel is sponsored by The Black Business School. To join The Black Business School and get started for free, please visit http://TheBlackBusinessSchool.com.
You can enroll in Dr Watkins' Stock Market Investing class by visiting http://TheBlackStockMarketProgram.com.
3 سال پیش
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