3 pitfalls African Americans should avoid when building wealth - Business Insider

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Can I be honest? The last few months as an African American living in the United States have been emotionally exhausting. When you see victims like Breonna Taylor, Ahmaud Arbery, and George Floyd suffer from police aggression and racism around the country, you have no choice but to stop and reflect.practicing in the United States. African Americans represent only 1.

Unfortunately, unwise or uncontrolled spending is one of the main ways to hinder your wealth-building efforts — no matter how much you make or how successful you may be in your career. To build assets, you need to avoid the temptation to keep up with the Joneses. Not to be confused with former presidential hopeful Elizabeth Warren's wealth tax, the wealth-builder's tax is the pressure felt or promises made by first-generation, financially independent minorities to family and friends to support them financially.

I understand the urge to give back to the people in your family or around you who could use financial support, but you must focus on securing your own wealth before financially contributing to others.

Most minorities don't even know that world exist. LetsHelp!!!

First SoftBank then a16z then Google, now soon all of corporate America will come with sad stories or condescending views in support of the poor blacks oppressed just for being black. WTF is going on here?

Why do they have to be black Racist

books, phone, email, youtube, planes, trains and automobiles exist. Many professionals I use are hours away from me yet I am able to make it work. Sounds like a false narrative.

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