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Please Copy & Paste the link in Your Browser & Donate If You Like The Content: (https://anchor.fm/Food-Finances/support)
Youtube Channel: Black Economics (https://youtu.be/QO0U0Gkxsfc)
Are You Ready For the Truth Black Man? ProfBlack Got Your Covered (https://www.youtube.com/channel/UCRteR6kiJwk-bTA5eWPqapg/videos)
This episode is about the power of journaling & how to create one. A Journal is a very important tool black man, and we need a journal so we can stay focused, organized, to write our goals down &to become more aware of our daily habits . Our Journal should also include Yearly, Monthly, Weekly, & Daily goals. Starting with yearly, then monthly, etc. I have been using this strategy for the last year, and now i am able to go back an entire year and literally look at all of the progress that i have made economically. The skill of journaling has helped me move up the economic ladder by creating year long goals for CBRs; It has helped me find ultimate clarity and understanding in terms of my life's direction; what works for me and what doesn't work; what i am passionate about and not as passionate about; what can bring in money the fastest with my current set of skills. But most importantly, journaling everyday And inspired me to always be learning everyday and in every way! You can experience all of these benefits too and the best part is is that it is never to late for you to start journaling! You can start right and I encourage you to do so because it will forever change your life!
Catch The Video Tutorial On My Youtube Channel: Black Economics (https://youtu.be/QO0U0Gkxsfc)
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In this episode we talk about actually how to open up an IRA account. A lot of people talk about it, but not a lot of people will show exactly how to do it step by step. They make it seem like a a secret and make it seem like it is really difficult. You see it is only difficult because it is not apart of our everyday conversation. Black people native to America lack access to information that will help them prepare for the future. I love helping people understand this stuff and i do not want my people to continue to struggle like I have in trying to figure this all out. If you continue to do your research you will learn that you can become a millionaire by the age of 40 if you start investing your money and planning for your retirement today. Do not count on social security to be there for you when you are ready to retire. We have to be proactive and forward thinking so that we can live comfortably in our later years!
This episode we dive all the way into how to find your firsts wholesaling deal. Wholesaling is a great way to acquire wealth, especially wealth that was stolen during years of slavery, jim crow, and integration. We talk about how to identify your target market, find motivated sellers, marketing, and more. Of all of the ways to start a business with very little money down, wholesaling real estate to investors is a great side hustle to generate more income. Wholesaling real estate trumps any online business side hustle and even network marketing in my opinion. But wholesaling to acquire property for yourself with very little (if any) money down should be the ultimate goal. Research lease options and seller finance. I really expect you to do you research after listening to this podcast. My goal is to help you to understand that there are way to make money that do not require that much money to start. And without giving away all of your time to these white establishments that don't care none about us or our interest.
Last week we talked about repairing credit and this week I thought I should talk about another avenue to wealth creation and that is business owner ship. The three most important aspects of wealth creation are Credit, Business, And Real Estate. That is why I am following up last weeks episode with how to start a business.
Wanna Start Dropshipping? Send me a DM on Insta @Tysmithh Or Email At [email protected]
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