money – Page 3

4Dec

By THEIRL1ADMIN01No Comments

Journalism

Black-Owned Banks Keep Community Money Where It Belongs

A national network of financial cooperatives is helping marginalized groups keep their money out of an extractive banking system. Me’Lea Connelly is from the Bay Area of California, but she has deep roots in Minnesota. Her mother’s family was one of the first to migrate to the state after slavery ended. When she was 15, her parents divorced, and she moved with her mother to Minneapolis. “I’ve always just felt more at home here,” Connelly said. “All my ancestors are just calling me home.” But that home, in Minneapolis’ Northside, has a severe shortage of shopping centers, grocery stores, and banks. In 2017, Minnesota was named the second-most unequal state for Black people in a study of Black and White inequality by 24/7 Wall St., a financial news and opinion website. Despite the ...

Black People Deposit Your Money In Black Owned Banks

26Jul

By THEIRL1ADMIN01No Comments

Journalism

Black People Deposit Your Money In Black Owned Banks

Black People (African Americans) deposit your money in Black Owned Banks. A bank is one of the most important if not the most important institution in any community. A bank is a stabilizing force in the community it serves. It loans money to small businesses to help them expand and create jobs. It assist religious and community organizations to help them better address the particular needs of the community. It helps individuals to become home owners and help existing home owners make repairs and additions to their property.The bank does this because it gets the money it uses to make a profit for themselves from the community its located in. People finance the banks, banks in turn should finance the people's needs. This is how it works in every community except ours. In the African Ame...

Common Money Myths That Block Black People From Wealth

24Jul

By THEIRL1ADMIN01No Comments

Journalism

Common Money Myths That Block Black People From Wealth

I have to start this one off carefully. This one is embedded in the psyche of the American way of life. I have even been guilty on some levels of perpetuating this myth in my life with varying results. I have come to realize that in the pursuit of real wealth, it can stunt your economic growth and keep you trapped financially. "Fake it Till You Make It." These six words can derail you from wealth and leave you fakin it forever. If you are pursuing an acting career and lack some credentials while on an audition, "fake it till you make it," may very well work in your favor. Putting yourself in positions where you have the skill but lack the experience, "fake it till you make it," can be your friend. When dealing with wealth and wealth building in particular, this philosophy becomes a myt...

The World Order Ruled By Money and Myths

28Apr

By THEIRL1ADMIN01No Comments

Journalism

The World Order Ruled By Money and Myths

It's almost laughable when considering how easily people are fooled. It doesn't matter how much information is available the majority seem unable to get their heads around reality. That is because they are brain-washed and besotted by myths, most of which come from ancient ideas related to the after-life. Leaders who tortured and murdered and grew in wealth impressed their followers to such an extent that they became gods. It's happening today where some countries are ruled by such 'chiefs'. Kings who order armies into battle are murderers. Presidents who raid and conquer other nations are killers. Leaders who turn their backs on desperate people are likewise responsible for loss of life. Doing their bidding are men and women serving on the basis that it is God's will. This is what th...