Show Me the Money!!

I have been obsessed with money lately.

I am definitely a tad behind when it comes to being financially literate. I grew up middle class and then went on to experience times of poverty as a teenager and young adult. Experiencing poverty and lack of knowledge about money can have lasting effects that may take years to correct.

Poverty comes with a lot of bad habits.  For years I was under the impression paydays were for nice dinners and buying cute clothes. I didn’t really think about saving for the future. Let alone investing my money.

As I grow older I am learning so much about poverty, I am learning that as a first generation college student, a mother and as a black woman many of the ways I have been told to build wealth are not designed for me. Although well meaning the person who has never experienced  poverty  can not fully and successfully teach someone how to escape poverty. Recently I have been listening to some great podcasts, reading blogs and attending workshops about finances and financial literacy. I am gaining valuable information but often I feel as if the well meaning advice and information skips right over me. It feels as if I walked into class and realized I missed the first 3 weeks.

So much of what has opened my mind to increasing  generational wealth is because I am surrounded by great people and am embracing the power of community. I am also  part of an amazing group called Warrior Moms. Warrior Moms was founded by author, hairstylist and visionary Nicole Lee. You can learn more about the warrior mom’s here. Warrior mom’s mission is simple; that all single mom’s embrace a mindset for success and let me tell ya it is working, I finally feel like I am starting to put together a plan to help build wealth for my family and I know that it’s because I have found a community that can relate to and is  dedicated to the improvement of the lives of its members. Warrior mom’s has connected me to so many organizations that seem to just get it!

Recently we have been working with FII.  Heres a little bit about FII and what their goals are.

“Over the next four years, we will work with community based organizations and other partners to reach 1,000 families in multiple neighborhoods across Greater Cincinnati.  By trusting and investing in families own solutions we expect our families to see economic and social mobility. On average nationally, during two years of engagement with FII, families report: a 23 percent increase in monthly income, 60 percent decrease in subsidies such as TANF and SNAP, a doubling of their annual income and assets, and increased education outcomes from their children.”

FII helps you achieve your goals! As long as you are working towards your goals FII will help you take that next step, whether it be owning a home or starting a business, whatever will help your family grow, FII is there to help you and your family acheive goals no matter how big or small.

Being involved with these amazing groups  got me too thinking about some of the ways I believe I could help myself and others get started on a path of building community and generational wealth. Before we begin to heal generational poverty there are some things we need to do and remember.

  1. Learn to embrace our talents and use them to make money..
  2. Support your community.
  3. Bridge the gap. We have to acknowledge that there are REAL systems in place that have been in place for years to keep people (COUGH!! UM MINORITIES!)  poor. Without acknowledging that their will be no progress.
  4. If you know it all share it. Don’t keep it a secret share the knowledge.
  5. Stop acting like you know it all. Its great if you do, but let’s stop spreading false information.
  6. More help. Less Ego.
  7. Don’t let your success be the reason to be snooty.
  8. Support Black owned businesses! But REALLY. SUPPORT LOCAL AND BLACK OWNED BUSINESSES! ( We love to give a reason why we won’t support or will no longer support a black owned business, whether it is due to a lack of professionalism, timeliness or whatever, we shut them down before they even have had a chance. I get it no one likes rudeness or unprofessionalism  but if we will go back to other places of business after a poor experience lets give our people second chances and some constructive feedback. Then lets see what happens.
  9. No one likes to be broke (Well I have never met anyone who likes being broke) so rather than thinking about how little they have lets learn ways to encourage individuals out of the mindset of remaining in poverty.
  10. There is power in community and friendships.
  11. We have to start making our own way.
  12. Create multiple streams of income.

Lets help lift one another up, if you know anyone or an organization that is dedicated to helping break the poverty chain. Please comment the individual or organization so that we can start sharing the knowledge. What are some of your ways to build wealth?  What would you add to this list?


Check out the book born on Third Base by Chuck Collins, Chuck recently spoke at a Warrior Mom workshop and shared his experience of being born into wealth and the decision to give it away, Chuck is dedicated to tackling income inequality in the U.S.

And my featured image is also a shirt you can find on Amazon!


1 thought on “Show Me the Money!!”

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