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Originally posted by darling1
i agree with you!!
however....you gon' make me have to pull out my books..lol,
for those of us not in that small percentile, it about perception and realizing the kind of wealth you do have. i am sure that if you poll about 10 people almost half will not have in the budget money set aside for charity. over half will probably have distorted views on money and if they have children, have probably passed on their negative habits to them. it is also about prioritizing. it ticks me off everytime i see a mother in a sneaker store shelling out big bucks for their teenager. i live in an apartment and do you know that there are people with BMW'S. that's just ignorant. our priorities are just off. we don't know how to save; we dont take the time to plan for the future.
i think the way you increase wealth is by teaching that the importance of legacy. also, by teaching that with any amount of money you can give back to your community. money is power. im not sure if your chapter does any economic empowerment with younger children, you can always start there. kids are like sponges and if they learn the basics on what they can do with $5, it can perhaps change their lives.
i happened to catch dr. phil while my daughter was asleep and he had a woman who created a piggy bank with 3 slots, one for saving, one for charity and the last was for spending (i think). its about starting early. im not saying forget about our peers, but i haven't seen or heard anything that will get the average joe to rethink their money views except for something drastic.
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I agree with you 100%. I think what you're talking about supports the wealth mentallity. We have to produce wealth, create more wealth as a result of that production and support wealth creation with the mentallity you're talking about instilling.
There are Black millionaires not creating multiple streams of income using other human resources; contrasted by Blacks who would probably be millionaires if endowed with opportunity. Look at the top 400 richest in the world. Over 75% were not grass roots wealth. They built by either endowment or inheritence. Why don't we just follow the blue print?