The Dr Boyce Breakdown

The Dr Boyce Breakdown

By Dr Boyce WatkinsBusinessInvesting
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The Dr Boyce Breakdown episodes

  • Black Family reclaims stolen land, then sells it right back

    Nearly 100 years ago, Bruce Beach, a popular beachfront property in Los Angeles County, was the victim of a major theft. The beach, which had been owned by the county since 1912, was stolen by LA county in a case of immenent Domain.


    The theft of Bruce Beach caused an uproar in the local community, who had long enjoyed the beach as a recreational spot. The county quickly took legal action against the family, filing a lawsuit to reclaim the property. After a lengthy court battle, the family eventually agreed to sell the beach back to the county for an undisclosed price.

    The county was relieved to have the beach back in its possession, but the incident highlighted the importance of proper land management. The county began to make changes to its land-management practices in order to prevent similar thefts from happening in the future.

    Today, Bruce Beach is still a popular spot for locals and visitors alike. The beach’s theft and subsequent sale back to the county serves as a reminder of the importance of protecting public lands, and of the need for proper land management.

    32 min
  • Here is a stock I love this week and it's not Bed, Bath and Beyond

    Bed Bath & Beyond is an American chain of home furnishing stores founded in 1971. It was originally known as Bed ‘n Bath, and was founded by Warren Eisenberg and Leonard Feinstein. The pair had previously worked in a home furnishing store, and wanted to create a store that offered a wider selection of products.  The first Bed Bath & Beyond store opened in New Jersey in 1971, and quickly became popular with customers due to its variety of products and great prices. The store was also known for its helpful and friendly staff, which helped to make it a success.  In the 1980s, the company began to expand, opening stores in other states and eventually becoming a nationwide chain. By the 1990s, Bed Bath & Beyond had become one of the largest home furnishing retailers in the United States.  Today, Bed Bath & Beyond operates more than 1,500 stores in the United States, Puerto Rico, Canada, and Mexico. The company offers a wide selection of products, from bedding and bath items to kitchenware, furniture, and home décor.  Bed Bath & Beyond is a well known business with a ton of financial problems, and it is an example of how entrepreneurs can create a successful business from a simple idea. If you’re interested in learning more about black wealth and investing, visit TheBlackBusinessSchool.com for more information.

    20 min
  • The 4 financial traps that leave millions of people economically devastated

    Going broke is an issue that affects many people and is caused by a variety of factors. Low wages, debt, unexpected expenses, and a lack of financial literacy are all issues that can lead to financial hardship.


    Low wages are a major factor in people going broke. With wages stagnating, many people are unable to get ahead and are unable to save for a rainy day. This leads to a cycle of living paycheck to paycheck and not having enough money to cover unexpected expenses.

    Debt is another major factor in people going broke. Credit cards, student loans, and other forms of debt can quickly spiral out of control and lead to financial ruin. Many people are unable to pay off their debt and are stuck in a cycle of interest payments that they can never escape.

    Unexpected expenses can also lead to financial hardship. Car repairs, medical bills, and other unexpected expenses can quickly add up and put people in a difficult financial situation. Without an emergency fund, people can quickly find themselves in a difficult financial situation.

    Finally, a lack of financial literacy can also lead to people going broke. Many people are unaware of basic financial principles such as budgeting and saving for retirement. Without a basic understanding of how to manage their money, people can quickly find themselves in a difficult financial situation.

    If you want to learn more about wealth building and how to avoid going broke, visit BoyceWatkins.com. Dr. Boyce Watkins is the author of the book “The 10 Commandments of Black Economic Power” and he provides advice on how to build wealth and avoid financial ruin.

    24 min
  • Rapper's fiance calls him broke because he won't spend $250k on their wedding

    Weddings are a major financial milestone for many couples. In the United States, the average cost of a wedding has been estimated to be around $30,000. While some couples feel the need to spend a lot of money on their special day, the financial consequences of these decisions can be significant.  Research has suggested that couples who choose to spend a lot of money on their weddings are more likely to experience financial stress in the years following the event. In addition to the financial burden, couples who spend a lot of money on their weddings may be less likely to invest in their future financial security, such as retirement funds or college savings plans.  

    The desire to have an extravagant wedding can also be driven by societal pressures. Many couples feel that they need to have the “perfect” wedding in order to show off their success and prove their worth to family and friends. This can lead to couples spending more money than they can afford in order to impress their guests.  However, couples should be aware of the financial consequences of spending too much on their wedding. It is important to remember that the wedding day is just one day, and that the money spent on the event could be used to invest in the couple’s future. Couples should consider their long-term financial goals before making any major wedding-related decisions.  

    It is also important to remember that there are plenty of ways to have a beautiful wedding without breaking the bank. Couples can save money by having a smaller guest list, opting for a less expensive venue, and choosing to DIY some of the decorations and other details.  If you want to learn more about financial planning, please visit BoyceWatkins.com. It is important to be aware of the potential financial consequences of spending too much on a wedding, and to make sure that you are making smart financial decisions for your future.

    1 hr 15 min
  • Alarming statistics about single mothers and money

    1. Single mothers are more likely to live in poverty than married couples. In 2017, 36% of single mothers were living in poverty compared to 6% of married couples.  2. Single mothers are more likely to rely on public assistance than married couples. In 2017, 48% of single mothers received public assistance compared to 9% of married couples.  3. Single mothers are more likely to be unemployed than married couples. In 2017, 24% of single mothers were unemployed compared to 6% of married couples.  4. Single mothers are more likely to have lower incomes than married couples. In 2017, the median income of single mothers was $25,493 compared to $78,945 for married couples.  You can learn more about Black Wealth and Economics by visiting my website at BoyceWatkins.com

    31 min

About The Dr Boyce Breakdown

From the publisher's feed

This is a podcast reflecting the fearless perspectives of intelligent Black people around the world. Led by Finance Professor Dr Boyce Watkins, we engage in expansive, open-minded commentary that will…

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