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To empower African-Americans, and all people of color, with the knowledge and inspiration to foster progression and productivity in the community.
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Seven Steps to Riches

Started by ybpguide · 9 months ago

I recently came across this list (via moneytalks) and thought I’d share it. These days I’m trying my hardest to be a “savvy saver” so I’m always on the hunt for money management tips. These steps, if practiced, are guaranteed to bri ... Continue reading »

5 comments

  • Fredric

    2 years ago

    'lol' on the statement about a car payment. not buying a car at 20 is probably the hardest thing to do.

    i should try and find a calculator on the millions you miss based on the car you decide to buy and pay for between 20 and 25.
    reply
  • Dame

    2 years ago

    This a great article. It's something that you would think is common sense, but it's surprising how many young black men and women have no idea about any of it. Once again, great article.
    reply
  • Bigrayvin

    2 years ago

    I would add to Step 4 Protect Your Money.
    When you invest you should only invest in what you know. So if you work at Wal-mart you should not be investing in commodities (i.e. porkbellies) . Instead you should invest in retail (i.e. federated brands inc). Just my two cents
    reply
  • Kimberly Michelle

    2 years ago

    Thanks for the additional tips!
    reply
  • Bigrayvin

    2 years ago

    This site is great for a young black professional like me. I mean you always can learn something about money. So it gives me great pleasure to be able to add to a site that I am benefiting from.
    reply

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