Originally Posted by LadyBridget

The key to financial independence and economic advantage is saving and sound money management. The black community is economically disadvantaged because they don't have any self control.

Originally Posted by RESS

Why do you think the Black community has no self control?


This is evident by the amount of money that passes through our hands everyday but yet we are still complaining of economic disadvantage. We are spending enough money on alcohol, drugs, name brand clothing, gold teeth, watered down gold and platinum jewelry, etc. All while we complain about the lack of chemistry labs, gym equipment and computers in our schools, substandard healthcare for our loved ones and unclean and unsafe neighborhoods to live in.
All while we beg for reparations.





Where do you think is the best place to keep money?

The best place to keep money is in a high interest bearing account. The key word being KEEP. Keep it long enough to see what compounded interest will do.
Einstein, (a great mathematician) stated "Compounded interest is the GREATEST force in the universe. I trust he checked and rechecked that statement before he made it. And I have put it to the test. It's true.



Why do think that is the case?

Many people don't have the ability to keep a change jar because they don't have any SELF CONTROL. to LEAVE IT ALONE. What's the problem? When I was on welfare, a single parent, struggling, wearing second hand clothing, I had a few dollars in the bank and a jar full of change. I've had my jar since I was 12 years old and I still do!





Where did our parents get their habits from?

From their parents. I'm black, I got it from mine, my mother got it from her mother and I can only assume since I never met my Great grandmother that she got it from hers.
If you didn't learn it at home, LEARN IT ABROAD. There's no excuse.






What is your understanding of 'greatness'?

How many years should one be earning a salary before this 'greatness' is made manifest?

If you save 80 dollars a month that is 1000 dollars per year. Not including interest. The key to success is to be ready when your opportunity comes. Whether it takes a year or ten. Your savings are then to be invested. Where? Real Estate of course. Your first investment should be where you live, not on your back or in your mouth or on your head. It is your responsibility as an adulty to learn sound money management and investing, there are plenty of books and info on the internet to teach you about, stocks, bonds (bad at this time), ETF, mutual funds. It's also your responsibility to teach it to your offspring. If you don't that again sir is on them!

I was able to purchase a three family home 12 years ago with $500. dollars down. I would not have been able to take advantage of this opportunity without my savings. I still had to pay for the lawyer and some closing cost but hey, it was worth the effort. I recently sold that house for $450,000 dollars.

Call this Luck? Luck is preparedness meets opportunity.

If you save just a portion of your money each month like clock work (start an automatic investment plan) there is no stopping you. HANDS DOWN. I'm proof in the pudding, having been raised on welfare in the projects.




What do you mean by that? Please explain with intelligence and clarity.

Originally Posted by LadyBridget

My mother believed in tough love. She did not teach us to be dependent on othersand she didn't believe in making excuses for or babying grown people. I find it disgraceful that we are "begging" for reparations while we squander money on vanity. If you choose to squander your money that's your perogative but it's no one elses fault that you don't have a savings but your own.

Originally Posted by RESS

Do you think that Black people should all dress continually in uniform work clothes and be comfortable with that?

No. I think that black people should dress how they want to. You are in control of your money, you can MANAGE it in any way that you choose. If you CHOOSE to SPEND instead of MANAGE , again that's on you.

I contend that money can be managed to dress as you want and still save and invest.



Do you not think that Black people deserve to get the proper public services that they are paying Tax for?

Yes I do feel that black people should get the public services that they are paying their hard earned taxes for. But the reality is that we are and have always been living in a hostile environment where fairness is just an ideal, in truth life is not fair. The law of life is " survival of the fittest." We have to adapt to the society that we are in to survive. I contend that what the system won't give, get it for yourself, it's possible the key is MANAGEMENT. Many slaves saved and bought their freedom and that of their loved ones making a dollar a week on their one day off. Some slaves ran away.

In a nutshell get it for yourself but you choose the avenue to take.






Do you know how high interest is generated and does it matter to you?

Interest is generated and compounded by the banks use of the money you leave untouched in the bank.


Do you always believe anything a famous White person tells you and do you believe White people are speaking with your best interest at heart?

No I don't always believe anything anyone white or black tells me. I put it to the test. When Einstein made this statement he was not speaking to Blacks. Do you think he had the best interest at heart to whom he was speaking?

I checked this stament for myself, it works, it's true. " Compounded interest is the greatest force in the universe."









That's very impressive.

Thank you. My two children have acquired this habit as well.









That sounds good.


Do you think your family may also have picked up some bad habits from close association with White Supremacist Racists over time?

Haven't we all.

I am trying in this hostile environment to pick up the habits for me to "survive."
I have to use my conscious and the knowledge I've obtained from eating from the tree of knowledge of good and evil as to how I proceed, that is, how I deal with others along the path of life. We as individuals are responsible for our conduct. It's on you.












Good point.

We need to understand about Financial Investments and how they really work because we are all Financially Illiterate.

It's our responsibility to learn. Many of us have learned and practiced for years skills and habits that that have been detrimental to our "survival." I contend that money management is a skill, and saving is a habit that we have the power to master if we want to since we've mastered many other habits and skills.

If you don't choose to master these skills and habits, again that's on YOU.











What do you believe you are proof of?

I'm proof that you can't be stopped if you want to go. I'm proof that you can choose to be responsible for your own happiness even in a hostile environment.

I'm a black woman in a white mans world. And when I get home I'm a black woman in a black mans world. It has never been my world.

This system nor any system set up in the world was ever set up with my best interest at heart.

In Genesis God gave you dominion. I had to live by YOUR rules. I was never meant to get anything more than what was governed by the government.

Getting more than what the government wants you to get in a hostile environment is a testimony to MANAGEMENT.











Do you believe you are an independent Black woman?

Originally Posted by RESS

Originally Posted by LadyBridget

Yes I care very much. But that's not the only problem I see here. Are we only going to deal with the problem you see?

I care about the lies we perpetuate. I care about all the things that we do in our self destruction. Not just the ones the white man is responsible for. I care about all of the symptoms of Willie Lynch syndrome that we exhibit. I care about what we do to each other and then lie about it. I care about constantly blaming the white man for everything while we call ourselves spiritual.

Blacks say they are telling the TRUTH about the white man, yet we can't tell the TRUTH about Blacks. You called them white supremacists racist, some call them devils, liars, cheats, greedy. What about Blacks? The Africans inability to get along even before they met europeans and to this day, is evidence that he too is a warmonger. He is devilish as well. He dealt in flesh and all the degrading aspects thereof as well.

Man is inherently and incessantly evil. White and Black, women included. No one can remove themselves from this boat. All who do are liars. Devilish behavior is colorblind and asexual.

Lies, cheating, greed, lust, envy, hatred, rage ,vanity, revenge, cruelty, all are human sins that we all practice against each other all the time. Black and White.


Can we hope to change the world without first changing ourselves?

Originally Posted by RESS