California wildfires are a powerful reminder of how environmental crises impact economics and personal finance. In this episode, I discuss the economic toll these wildfires take, from the destruction of properties and businesses to rising insurance premiums and rebuilding costs. I also touch on how communities of color are disproportionately affected, both financially and environmentally, and explore strategies for safeguarding your assets against such disasters. Whether it's through strategic investments, emergency preparedness, or understanding the broader financial implications of climate change, this episode equips you with the tools to stay resilient.

I'm Dr. Boyce Watkins, a Finance PhD and founder of The Black Business School. My mission is to empower our community with the tools for financial freedom. To get a free list of my favorite AI stocks, text the word 'Stock' to 87948, and for more resources, visit BoyceWatkins.com.