Modern Black Culture is Toxic & Expensive. episode artwork

EPISODE · Aug 8, 2022 · 52 MIN

Modern Black Culture is Toxic & Expensive.

from The Financial Griot · host Lovely Merdelus, Lawrence Delva-Gonzalez, Alainta Alcin

In this episode of the Financial Griot Podcast, the hosts share their thoughts on modern Black culture, building wealth and changing priorities and narratives.Currently median Black household wealth seats at $24k. Another recession would bring that number to $12k. According to The Road to Zero Wealth report, the median wealth of black Americans will fall to zero by 2053 if current trends continue. With spending up and credit card usage bolstering lifestyle creeps on social media, is Modern Black cultural zeitgeist detrimental to long term wealth building and wealth preservation.Do we really want to have generational wealth? Detailed show notes, www.theneighborhoodfinanceguy.com About Us:The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We tell the stories that others don't. Stories about growth, opportunity and embracing changes. Beyond that we talk about Finances. Specifically, how to become Financially literate, incorporating actionable steps and ultimately building generational wealth.Can you imagine being a Millionaire in 20 years or less? Yeah it's possible. 80% of millionaires are first generation. That means they didn't come from wealth. We teach you how. Join a community of subscribers that welcome a fresh take on money.So there you have it, The Financial Griot or TFG for short. The hosts were able to amass over $2 Million in wealth in about 8 years and are on track to retire early. If you want the secrets; we will gladly share them since opportunity is abundant and Win-Win. Connect with TFG Crew aka the Hosts: Alainta Alcin - Blogger, Travel and Money Enthusiast @alainta_alcinLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelusLawrence Delva-Gonzalez - Federal Auditor, Blogger and Tax Specialist @theneighborhoodfinanceguy

In this episode of the Financial Griot Podcast, the hosts share their thoughts on modern Black culture, building wealth and changing priorities and narratives. Currently median Black household wealth seats at $24k. Another recession would bring that number to $12k. According to The Road to Zero Wealth report, the median wealth of black Americans will fall to zero by 2053 if current trends continue. With spending up and credit card usage bolstering lifestyle creeps on social media, is Modern Black cultural zeitgeist detrimental to long term wealth building and wealth preservation. Do we really want to have generational wealth?

NOW PLAYING

Modern Black Culture is Toxic & Expensive.

0:00 52:10

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Financial Griot?

This episode is 52 minutes long.

When was this The Financial Griot episode published?

This episode was published on August 8, 2022.

What is this episode about?

In this episode of the Financial Griot Podcast, the hosts share their thoughts on modern Black culture, building wealth and changing priorities and narratives.Currently median Black household wealth seats at $24k. Another recession would bring that...

Can I download this The Financial Griot episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!