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Securing Financial Success in An Economic Mess. Presented by Kelvin Boston Host, Moneywise PBS Series. Moneywise with Kelvin Boston. Recessionary Blues:. Recovery will take ten years. 33% of AA or Unemployed or Under Employed. Corporate America can’t create enough jobs.
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Securing Financial SuccessinAn Economic Mess Presented by Kelvin Boston Host, Moneywise PBS Series
Recessionary Blues: • Recovery will take ten years. • 33% of AA or Unemployed or Under Employed. • Corporate America can’t create enough jobs. • African American HH’s net worth is $4,000. • Black America might lose 50% net worth. • Financial Stress and Fear is a silent killer. • Hopelessness can create a generation of helpless people.
A Financial Gospel • Consider the recession as a new beginning. • We can do a lot on our own. • We can work in the 21Stcentury workforce. • We can reclaim our communities. • We have time to get it right this time. • 25% of us want to become self employed. • 50% of us have some means of income.
Jazzy Financial Moves • Everyone needs a plan. • Education is still the best investment. • Exercise every day. • Reduce Debts and Increase Savings. • Find a Trusted Advisor. • Buy REO homes and undervalued stocks. • Connect with the SBA and SCORE. • Replace Fear with Faith.
The NAACP: Neo Soul • Embrace the Economic Rights Movement. • Teach Financial Education To Everyone. • Promote Entrepreneurship. • Buy REO Homes in Your Community. • Join Neighborhood Stabilization Programs. • Hold Financial Stress/Depression Workshops. • Match Unemployed with Volunteer Programs. • Connect Unemployed with Retraining Programs.
Spiritually Speaking • African Americans need someone to light the way to economic freedom. • The NAACP represents the light of prosperity. • You are the light! Let your light shine! • Help others secure success in this economic mess.