Make the change today: our revised wealth-building principles emphasize homeownership and retirement planning.In January 2000, BLACK ENTERPRISE introduced the Black Wealth initiative with the goal of making you wealthier. Since then, we've given out approximately 87,000 wealth building kits, spreading our message of fiscal responsibility through paying your self first, making every dollar count through enlightened consumerism consumerism Movement or policies aimed at regulating the products, services, methods, and standards of manufacturers, sellers, and advertisers in the interests of the buyer. , and implementing a systematic program of investing to keep your family financially secure for generations to come. By your testimony, it's been working. The 10 wealth-building principles that have anchored our Declaration of Financial Empowerment em·pow·er tr.v. em·pow·ered, em·pow·er·ing, em·pow·ers 1. To invest with power, especially legal power or official authority. See Synonyms at authorize. 2. have helped many of you more closer to your financial goals. But we want to do better. That's why, as we enter 2004 we are Re-introducing the lO Wealth Building Principles of the Black Wealth Initiative The new Declaration of Financial Empowerment (see "A Home is the Foundation for Wealth," this issue) has two major revisions. First, we've placed an emphasis on homeownership. Principle No. 1: to use homeownership to build wealth drives home what the wealthy have known for generations: that real estate is a linchpin linch·pin or lynch·pin n. 1. A locking pin inserted in the end of a shaft, as in an axle, to prevent a wheel from slipping off. 2. to building a fortune. We've also placed greater emphasis on mastering your money with our new Principle No. 3: to commit to a program of retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. and investing, We want to reinforce the idea that only a planned approach to saving can safeguard your future and help you achieve your financial goals. You'll find other minor adjustments, but the motive motive or motif (mōtēf`), in music, a short phrase or passage of two or more notes and repeated or elaborated throughout the composition. The term is usually used synonymously with figure. of The Black Wealth Initiative is still the same--to help you become wealthy. We hope the new and improved Declaration of Financial Empowerment will be even more effective in meeting the goal Publisher Earl G. Graves Sr. intended for African Americans African American Multiculture A person having origins in any of the black racial groups of Africa. See Race. : to create wealth by building the cornerstones of economic empowerment through education, equity, enterprise, and excellence. --The Editors |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion