AfroEconomics #54: Money Paralysis

There’s an Ethiopian proverb that says, “One cannot stop sleeping because of fear of bad dreams.” So if you’re nervous about what you might find out about your finances – dig in and find out what’s going on with your money – and then you have to stay on top of it going forward. It’s critical that you check out how your portfolio is performing… check out interest rates… understand some of the key economic indicators… understand how your credit is doing too. This financial information will allow you to have better conversations with your financial advisor. Here is how to avoid financial paralysis.

AfroEconomics #53: The F.I.R.E. Movement

Have you heard of the F.I.R.E. movement? F.I.R.E. is an acronym for Financial Independence, Retire Early. Sounds pretty appealing, right?  The main idea behind F.I.R.E. is this: live a simplified life that allows you to save and invest between 50% and 75% of your income now, and you’ll be able to retire and live off the income from your investments way ahead of schedule – potentially in your 40s or even your 30s. This podcast will share tips on how to make the FIRE strategy work for you. 

AfroEconomics #52: Today’s Black Man and His Money

This podcast highlights a report called “Black Men Making It in America.” The American Enterprise Institute published it in 2018, and as you may have guessed by the title, the report found some very positive statistics about our Black men. Plus. according to a new analysis of Census data, 57% of Black men have made it into the middle or upper class, compared to 38% in 1960. The number of Black men who are poor has fallen to 18% in 2016. That’s way down from 41% in 1960. So, no matter what you see on the TV, the majority of African American men are not living in poverty. Check out more of the details and financial tips to continue the financial success of our men.

Democratic presidential candidate former Housing Sec. Julian Castro, speaks during the Democratic primary debate hosted by NBC News at the Adrienne Arsht Center for the Performing Art, Wednesday, June 26, 2019, in Miami. (AP Photo/Wilfredo Lee)

On The Record #93: Democratic Candidate Julian Castro

Democratic presidential candidate former Housing Sec. Julian Castro, speaks during the Democratic primary debate hosted by NBC News at the Adrienne Arsht Center for the Performing Art, Wednesday, June 26, 2019, in Miami. (AP Photo/Wilfredo Lee)

Julian Castro talks to April about his Election 2020 run for president.