Does The Black Community Want Wealth or Fame?

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  • Опубликовано: 3 окт 2024
  • You guys, February is Black History Month, and we decided to honor it by having another incredible Black History Panel with Black voices of all different ages and backgrounds. If you enjoyed last year’s panel, you’ll love this deep dive into what it means to be Black in America right now, especially in light of everything that happened in 2020. We talked about entrepreneurship, struggles with injustice and racism, how to leave a legacy for future generations, and so much more.
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Комментарии • 332

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 3 года назад +121

    I’ll take wealth and health over fame and image any day. All I need is my wealth, my health, and my family/friends. Keep the followers.

    • @freeindeed8416
      @freeindeed8416 3 года назад +2

      💯

    • @OurPerez
      @OurPerez 3 года назад +1

      Amen!

    • @dawan301
      @dawan301 3 года назад +1

      💯

    • @liamsmith6900
      @liamsmith6900 3 года назад +3

      For me the best I have succeeded in forex trading is by trading with a good account manager, I've been able to grow my account to $20,000 within a month under the guidance of a good account manager.

    • @hillarysnow7077
      @hillarysnow7077 3 года назад

      Amen

  • @ludens1526
    @ludens1526 3 года назад +49

    Honestly a lot of black people think have designer and Nice cars means they’re wealthy it’s sad

  • @xeik7482
    @xeik7482 3 года назад +93

    At the risk of offending many persons, we need to stop playing the victim and learn how to rise above our problems.

    • @BeeMillah25
      @BeeMillah25 3 года назад +15

      I agree! Though, we aren't exactly playing the victim. We are the victim. However, we need to not let it hold us back. We should use it as fuel and motivation. Cheers to much success 🙌🏾

    • @shelbysittig1047
      @shelbysittig1047 3 года назад +5

      Thomas Sewell, great example. He inspires me.

    • @acolley96
      @acolley96 3 года назад +6

      We are victims. We don't have to succumb to victim hood. Stating the issues and addressing the victimizer is accountability. And it stops the continued abuse.

    • @zacharypack770
      @zacharypack770 3 года назад

      @@acolley96 yeah, who is the "victimizers"? Let me guess, white people, huh? Y'all gonna become racist with that mentality.

    • @terrybrown5114
      @terrybrown5114 3 года назад +2

      @@BeeMillah25 we are not victims. We have the freedom to do whatever we choose.

  • @awkwardblacktribe2100
    @awkwardblacktribe2100 3 года назад +106

    This is such an outstanding question. Too many of us want to perform in front of the camera for crumbs while other cultures position themselves behind the camera and create generational wealth.

    • @MegaFELIPE48
      @MegaFELIPE48 3 года назад +3

      Other ethnic groups are not positioning themselves behind the Camera because truth be told, everybody's struggling not just Black People.

    • @derrickmason7457
      @derrickmason7457 3 года назад +5

      @@MegaFELIPE48 but we’re the only ones trying to floss for the cameras

    • @riddickj16
      @riddickj16 3 года назад +6

      @@MegaFELIPE48 true but black ppl have one of the highest buying power but it still doesn’t translate to any generational wealth compared to other communities.

    • @jchris4090
      @jchris4090 3 года назад

      Amen

    • @MegaFELIPE48
      @MegaFELIPE48 3 года назад

      @@derrickmason7457 Who says that Black People have to floss for the camera? Answer: NOBODY!!!

  • @sheritownsend7525
    @sheritownsend7525 3 года назад +56

    You guys are talking about the Black community, but the mindsets you have don't represent the Black community as a whole. You didn't speak of the parents who allow their kids to go to school in 300 dollar shoes, so they won't get laughed at by their peers. Or the compulsive attitudes a lot of Blacks to overspend to look good now, worry about it later. It has nothing to do with what Whites do or think. Are Blacks (as a collective) doing what's needed to get themselves financially above water?
    Many of us are suffering due to how we manage ( or mismanage) our money.

    • @freeindeed8416
      @freeindeed8416 3 года назад +5

      We gotta stop deflecting and focus on the real

    • @shelbysittig1047
      @shelbysittig1047 3 года назад +6

      You can change the community and that fits all groups. Change your mindset and you change the culture/community.

    • @rickeyware6873
      @rickeyware6873 3 года назад +1

      🤫🤫🤫🤫 sshhh you can't say that

    • @NaturallyNerdeeNicol
      @NaturallyNerdeeNicol 3 года назад +2

      that's the point the gentleman in blue made in the first vid.

    • @mrsbdubc2174
      @mrsbdubc2174 3 года назад +8

      My husband and I was just discussing this. I went to a predominantly white school in the 4th grade and no one mentioned what kind of shoes I had on or my clothes. They wanted to know me, who I was, what I liked, what I didn't like. I was shocked when they named me a popular kid. I was myself and they liked me. Then going to a predominantly blk school, my my my the struggles, getting made fun of because you didn't have Jordan's, any name brand of clothing. It was horrible. They even made fun of me for getting awards😡

  • @sha_la007
    @sha_la007 3 года назад +67

    I have never owned any of those bags/purses....however, I do have money in the bank. I guess I'm not doing that bad. I will never hustle for material things. I can't imagine spending my money on things that don't give me a greater return, ROI is important to me. Mignon is on point!!! Speak sis speak!!!!

  • @shareofmoney
    @shareofmoney 3 года назад +91

    It comes down to priority. There’s nothing wrong with enjoying your money if you can afford to do so. But there is also a responsibility to be wise with money and not just try to create a false image of wealth. Our communities suffer from trying to look the part but not having the wisdom to use it as a tool. In my opinion, our black communities see money as a master and not a servant as it should be

    • @MaroonTiger
      @MaroonTiger 3 года назад +9

      Its tough when you have all of the rappers and influencers shaming people who dont have a Birkin bag or dont have a chain or dont have designer clothes.... we gotta uplift each other to live within our means and appreciate ourselves regardless of whatever material things that we can afford

    • @jr8694
      @jr8694 3 года назад +8

      @@MaroonTiger Thank you! I wish we discussed the influence of the mainstream black entertainment more often

    • @observantsweetie
      @observantsweetie 3 года назад +1

      Preach👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾

    • @Rijo27
      @Rijo27 3 года назад +1

      @@jr8694 Ooo that's a good one. I'd love to see Anthony bring in the panel and talk about this. I don't remember if the Grapevine did a segment on this, but I feel like they've have.

    • @veronicahaney6005
      @veronicahaney6005 2 года назад

      I think a lot of black people don’t know where that line is that says they can afford it.

  • @kw6719
    @kw6719 3 года назад +34

    Comparison is the thief of joy.....we focus to much on the symptoms and not the root of the problem.

    • @Bepeze
      @Bepeze 3 года назад +1

      I love that quote. It's so much truth in that. "Comparison is the thief of joy."

    • @koko-dx3gy
      @koko-dx3gy 3 года назад

      Amen

  • @rosestephen6789
    @rosestephen6789 3 года назад +60

    Bill gates is not fashionable but his clothes are not cheap.

    • @positivelifebyrikilorenzo2192
      @positivelifebyrikilorenzo2192 3 года назад +6

      Exactly!! Some of those “unfashionable” clothes are expensive.

    • @freeindeed8416
      @freeindeed8416 3 года назад +1

      Yes they are 😂😂😂

    • @shelbysittig1047
      @shelbysittig1047 3 года назад +3

      They speak to a different demographic. Those who wear those know the cost and the weight it brings. Like some can see something and know right away it’s a knock off.

    • @riddickj16
      @riddickj16 3 года назад +17

      That’s not the point though. I guarantee you bill gates wear high end clothes because of the quality rather then wearing them because of the label.

    • @rosestephen6789
      @rosestephen6789 3 года назад +2

      @@riddickj16 Afrrican Americans love quality clothes too! So we all have that in common. One group just wears it well.

  • @dashaunaee
    @dashaunaee 3 года назад +183

    This conversation would’ve been better if he would’ve mentioned how much the black community spends vs how much we own. You only deserve what you’ve earned. They say we judge the black community too hard, but the black community complains the loudest about economic issues and take no responsibility for the spending habits.

    • @TheLilly
      @TheLilly 3 года назад +5

      Period pooh!!!💯

    • @sha_la007
      @sha_la007 3 года назад +16

      Debt to Income ratio...🙌🏾

    • @missaliyah
      @missaliyah 3 года назад +4

      Soo truee! This comment is on point

    • @riddickj16
      @riddickj16 3 года назад +5

      Tell it sis💯👏🏾👏🏾👏🏾👏🏾

    • @mnicole736
      @mnicole736 3 года назад +11

      black people ain’t ready for that convo 😣

  • @davidgogginsburner3369
    @davidgogginsburner3369 3 года назад +66

    Generally speaking no one "deserves" anything unless they work for it imo.

    • @Mary-dk7mc
      @Mary-dk7mc 3 года назад +16

      Facts, and that is where SOME OF the victim mindset comes from...false entitlement.

    • @countrygirl8295
      @countrygirl8295 3 года назад +5

      Facts

    • @rickeyware6873
      @rickeyware6873 3 года назад +3

      The victim mentality is strong with that one

    • @yaseen5121
      @yaseen5121 2 года назад

      Generally, but reparations are not false entitlement.

  • @missaliyah
    @missaliyah 3 года назад +29

    The most important thing is creating wealth not looking fancy for people for show. Fame fades like looks, wealth can be sustained

  • @leahg1424
    @leahg1424 3 года назад +20

    Blue suit hit it on the nail again. For many upwardly mobile black people, appearance is what gets them in the door amongst many black social circles. Black circles don't see you as credible unless you wear certain labels, keep your hair a certain way, drive a certain car, etc. Look at all the RUclips content creators that get the most attention --- even if its negative. Look at this conversation around certain "high value" bachelors. Meanwhile, I see many white YT content creators banking off "minimalist" movements and living frugal while amassing lots of wealth that you may or may not know about. And as a Black woman this hits even harder because we tend to be lowest paid from employers but have to allocate more of our discretionary income to beauty and fashion to be viewed a certain way in social circles (if we chose to play that game). I opted out once I saw it for what it was.

    • @MsWade2012
      @MsWade2012 3 года назад +2

      This is a word. It is such a dichotomy between the two races and cultures.

  • @noirnotes
    @noirnotes 3 года назад +7

    I don’t like the setup for this discussion. Black people want the same things as any other race of people. Black people shouldn’t be trapped in categories. the desire for status, wealth, fame, or balling is not a condition unique to black people. Lots of white people and those of other races live well beyond their means which is why the Ramsey Network of personalities exists. I really dislike stereotyping. Why be so quick to compare blacks to other groups. The ‘us vs ‘them’ mentality is just as damaging and dangerous

  • @brookechanelco.1035
    @brookechanelco.1035 3 года назад +16

    I think this conversation is tired and overdone. Why do we compare ourselves to whites and others? What about talking about helping young Black people to attain success and uplift the next generation? We need to talk what we can do to solve our problems. Systematically, we know that race does not provide us financial, educational and generational equity to white people. Let’s go deeper beyond the surface. How can we influence this generation and the next?

    • @nonyab916
      @nonyab916 3 года назад +4

      Yes! Let’s stop comparing ourselves! White people are not the barometer by which we should measure our success.

    • @wantitwrite
      @wantitwrite 3 года назад +9

      Thank you because honestly most white people in America are broke, living off their credit cards and in debt. Listen to one episode of Dave Ramsey and you’ll see the madness going on in white America

    • @Cahluvca
      @Cahluvca 3 года назад

      Even if you don't compare...we...WE have regressed since the Jim Crow era in all aspects to include homeownership, wealth, etc. I agree with you 100% sista, many actually do give solutions but those solutions are put your head down and grind with group economics. We are fighting a engraved individualistic culture that has been going on for awhile now

  • @smiley7240
    @smiley7240 3 года назад +3

    SHEEEEESHHHHH! This was awesome! When I decided to move to a studio apartment, I was told that I was "moving backwards" from someone who had the luxury of living at home :s I'm always like "people don't got my back the way I got my back...I'll do whats best for me and you do whats best for you! boop!"

  • @BeeMillah25
    @BeeMillah25 3 года назад +19

    When I say I can't wait for the next episode, I mean it! This was another great episode and topic. Thank you!

  • @DaveM-FFB
    @DaveM-FFB 3 года назад +10

    My personal view: Once I achieved financial independence, I slept better, worried less, had more confidence, and purchased clothes for comfort (not necessarily to impress), because I didn't have anything to prove. That's my wish for everyone listening.

  • @taylor-sanchez
    @taylor-sanchez 3 года назад +7

    Being financially successful and stable is not a black or white thing. It's a who seeks for the knowledge thing. Much if the information about financial success is available for free on RUclips. Its only 20% knowledge and 80% behavior.

  • @stephonjones46
    @stephonjones46 3 года назад +13

    The 5th generation CEO lady. Spoke with No depth. She should listen and absorb

    • @maryt8600
      @maryt8600 3 года назад +4

      Because when you are 5th generation you don't have to. The goal is to get your family to the stage where you family can have members like that but not have them break your family.

    • @coffeesreviewsTV
      @coffeesreviewsTV 3 года назад +2

      @@maryt8600 I like her because she not in any struggle and worried about what bill gated has and how he dresses. She doesn't have to sell her house to live in an apartment for her business.

  • @TexasEmperor
    @TexasEmperor 3 года назад +15

    Deserve this and that...NO one deserve anything if he/she haven't earned or worked for it. Love this format AO.

  • @thembimogala9704
    @thembimogala9704 3 года назад +6

    Women on Twitter run with this "black women deserve luxury" mentality a lot. What does it mean exactly? Expensive bag, materialism, or having basic living needs met and live a life free of worry from the financial burden?

  • @bigkanak797
    @bigkanak797 3 года назад +60

    “Black women deserve luxury...” wow. There you go.

    • @bigkanak797
      @bigkanak797 3 года назад +18

      @Alekcis Ewane yet that one line speaks so loudly to the general attitude in the black community.

    • @johnconn3054
      @johnconn3054 3 года назад +2

      @Alekcis Ewane it was the standout line.

    • @katwilliams2950
      @katwilliams2950 3 года назад +15

      @@bigkanak797 right. No body deserves luxury unless you can get it. You should desire wealth and assets first. Don't complain that the community don't have, when they spending on material things when they don't have anything in their retirement!!! 😩

    • @jonathanstellar5588
      @jonathanstellar5588 3 года назад +4

      I knew that line would pop for y’all lol. I agree but I’ve heard many black women say this but just simply because they are materialistic, they make the phrase very shallow

    • @ernstpierre7021
      @ernstpierre7021 3 года назад

      she a gold digger

  • @AlexBobalexRavenclaw
    @AlexBobalexRavenclaw 3 года назад +27

    Does EC Weston have a RUclips channel? I would listen to him all day.

    • @Bepeze
      @Bepeze 3 года назад +1

      He really needs to.

    • @thandongobese5770
      @thandongobese5770 3 года назад +1

      @@Bepeze @Alex Vang I couldnt agree more .My man dropping fire facts

    • @CarlDouglasJr
      @CarlDouglasJr 3 года назад

      Just looked it up and he does. Just type his name

    • @zion495
      @zion495 3 года назад

      He’s so on point

    • @officiallydreama4412
      @officiallydreama4412 3 года назад

      Just asked that same question hopefully someone finds out or drop some links

  • @JamesWilliams-kh6yq
    @JamesWilliams-kh6yq 3 года назад +1

    Being broke is temporary, being poor is a mindset.....that can be generational. Teach your kids about finances, built wealth.

  • @rosestephen6789
    @rosestephen6789 3 года назад +38

    There's nothing wrong with looking nice. We are responsible and pay our bills. We don't have wealth.

    • @stephonjones46
      @stephonjones46 3 года назад +17

      There is, a problem, when it comes at the expense of needs and priorities. This is why it is good to NOT make general statements

    • @seairadavis8629
      @seairadavis8629 3 года назад

      True

    • @christ8707
      @christ8707 3 года назад +2

      Why do we continuously pretend that having nice things is a problem with the black community. That’s called capitalism and human nature. There nothing wrong with looking good just get your paper right first

    • @stephonjones46
      @stephonjones46 3 года назад

      @@christ8707 well if you didn't listen or read. You would ask this question

    • @christ8707
      @christ8707 3 года назад +2

      @@stephonjones46 and you so right we gotta educate our selves on the past to gain a greater understanding of our present and future. I just don’t like people talking about black people as if All Americans aren’t apart of this consumer society myself included.

  • @cjs9859
    @cjs9859 3 года назад +12

    Another great video! I personally would rather build wealth, I don't care about fame or how successful others perceive me to be.

  • @ericwilliams1023
    @ericwilliams1023 3 года назад +15

    Low hanging fruit.. why even entertain these stereotypical conversations?

    • @Harlem_Renaissance
      @Harlem_Renaissance 3 года назад +3

      Is it stereotypical or is it some people's realities. Maybe those folks car jacking folks during a pandemic need to hear this...

    • @ericwilliams1023
      @ericwilliams1023 3 года назад +2

      @@Harlem_Renaissance do u even think that group of people are even watching these types of conversations? Aside from the fact that they are a small percentage of black people when you're talking about a larger very generalized conversation.

    • @derrickmason7457
      @derrickmason7457 3 года назад +2

      @@ericwilliams1023 it doesn’t mean the conversation doesn’t need to be had because a certain percentage won’t talk about the error . Our community is in trouble. Most in government assistance , poverty, single family These things effect the growth of black America and the struggle. These conversations are needed

    • @JRenae-uv5yx
      @JRenae-uv5yx 3 года назад +1

      Honestly so you're right!

    • @FeR-kt1jt
      @FeR-kt1jt Год назад

      The truth hurts. Coward don’t even wanna face the music

  • @derrickmason7457
    @derrickmason7457 3 года назад +16

    Man this convo is Hittin !! Finally I think we as the black culture gotta come to terms our community is broken mindset flashy this and that look at rims look at my grill or the purse smh.. the hip hop culture the music we listen to floss this I got women trick this that .. nah the black family is important black cohesion black support businesses , saving for your kids college. I’m glad I had a good father and family as a black man looking back that was everything.

    • @jchris4090
      @jchris4090 3 года назад +1

      Hi Derrick may I ask a question. Are black people allow to indulge in anything luxurious or is all our salary suppose to go into investing and generational wealth?

    • @jchris4090
      @jchris4090 3 года назад +1

      Because you can still buy expensive items and still look like an average Joe

    • @derrickmason7457
      @derrickmason7457 3 года назад +1

      @@jchris4090 no I’m not saying don’t spend your money on what you like. But I’m saying is we tend to focus on those material things and say we made it! Nah there is a whole community of our people with impoverished mindsets. The victory is boosting our black business , our black kids going to college, our families

    • @FeR-kt1jt
      @FeR-kt1jt Год назад

      @@jchris4090 in our current state? The latter . Mfs never wanna produce, just consume

  • @29stmarksrd
    @29stmarksrd 3 года назад +20

    I stopped “showing off” at about 19 when my mom’s house was burglarized. I also had many of my friends get mugged after shopping and wearing nice things. It just made you a target.

    • @timotheharris
      @timotheharris 3 года назад +1

      True u become target but I don't know about u but I'm about dat life so target me best believe u go have a real target on u if u catch what I'm saying.👌🏿💯

  • @NestorLedon
    @NestorLedon 3 года назад +7

    I love these panels, thank you!

  • @ArtisanMuzik
    @ArtisanMuzik 3 года назад +6

    You gotta know where to shop. I get nice outfits for less at K&G and Ross.

  • @MarissaontheMAP
    @MarissaontheMAP 3 года назад +6

    When sis said we need to stop judging Black people so much + stop worrying about + comparing ourselves to what white people do, I FELT THAT IN MY SOUL

  • @tricepnm8590
    @tricepnm8590 3 года назад +3

    But what makes these names so luxurious? My cheaper purse serves the same function as a Louie to me. It holds all my stuff. My Nissan Altima gets me back and forth to work just like a Bentley or any other car. I’d rather pay off my house and any other bills and free up my money. I want to be debt free. That’s luxury for me!

  • @thecreativenetwork87
    @thecreativenetwork87 3 года назад +10

    AO is unapologetically a stand up guy for the culture blessings good brother.

  • @andreabowen710
    @andreabowen710 3 года назад +5

    She over here quoting Dave Ramsey, but soo true. Have more in the bag than what you paid for it. This was a good talk!!!

  • @kadeng8085
    @kadeng8085 3 года назад +5

    let's be honest here this is not a black ppl thing its a poverty thing. When you only see wealth from the outside you relate the items to the wealth itself.

  • @ChosenDeeDee
    @ChosenDeeDee 3 года назад +26

    Looking forward to the BLM episode because my opinion on the movement/organization have changed. I can’t wait to hear different perspectives.

    • @soindifferent_
      @soindifferent_ 3 года назад +4

      Curious what your thoughts are?

    • @ChosenDeeDee
      @ChosenDeeDee 3 года назад +6

      @@soindifferent_ Hey, it’s a given that I would get this question. Personally for me, I agree with the BLM slogan because BLACK LIVES DO MATTER! It’s a couple of the value system of the organization/movement I don’t stand with. For example, for me, Blue lives matter also while BLM wants to defund the police. I think the intention behind organization/movement it is great, but I think a couple of its values do not align with my values. I also think it can be a bit divisive. There are so much more I can say, but I’ll stop here.
      I can’t wait to hear these perspective. Hopefully they will help shape my views a bit better.

    • @soindifferent_
      @soindifferent_ 3 года назад +4

      @@ChosenDeeDee I appreciate you taking the time to reply, thank you.
      I agree with the points you made. I do believe that black lives matter, but I don’t think it matters as much as they say it does. I’ll also stop here, because I can go on for days with what I’ve come to understand as of late.
      Looking forward to hearing their perspectives as well!

    • @ChosenDeeDee
      @ChosenDeeDee 3 года назад +1

      @@soindifferent_ Same here, I can go on for days. I would love to hear more of your perspective 😊

    • @soindifferent_
      @soindifferent_ 3 года назад +1

      @@ChosenDeeDee I enjoy talking to like minded people.
      I can’t stress enough the importance of doing research and understanding who you really are. There’s a certain confidence and self awareness that has been birthed over last 2 years of me indulging in black history. Although my experience isn’t the same as those in America (first generation Canadian, Caribbean parents) I still had a struggle, but nothing that stopped me from becoming who I wanted to be.
      Also having struggled with mental health (depression) I’ve been blessed with the understanding of the power I have to change my circumstances.
      What’s my point with all of this over sharing haha? Change isn’t easy. It’s easier to change your mind than the mind of others. I’ve used my experience negative experiences as a positive and have created a children’s book (self-published), teaching children about compassion, creativity and empathy. I cant change the world but I can change the lives of the people around me. By breaking down the problem I’ve been able to apply myself in a way that allows me to use my skills and abilities in a positive way.

  • @TBassFactory
    @TBassFactory Год назад +2

    For anyone all this comes down to is personal priorities. Live in a torn down shack with 100k vehicle in the driveway. I’ve seen it many times. The only person in control of you is you. Choices put you where you want to be and how you want to live. Mindset

  • @wealthyforreal6598
    @wealthyforreal6598 3 года назад +1

    This was a great discussion. I think the Black community puts too much focus on "looking" rich, than actually taking the steps to build real wealth with the money that they do have coming in. We can't blame anyone for feeling that way though, because how can you fault someone that has never had anything nice materialistically for splurging when they finally do come into some money? Especially if they haven't had anyone teach them what to do with money. I actually just started my channel based on this topic because I think it is so important. We need to start instilling basic personal finance lessons in the community and to our next generation so we can close the wealth gap that's been hindering us for years.
    Anthony, great job tackling these topics. I will try to keep the conversation going about this myself through my channel. We need this content!

  • @crw3673
    @crw3673 2 года назад +3

    The problem in our community is self worth. We don't think much of ourselves, unless we own material things. This is a lesson in still in us at a very young age. Look back at the most popular kid in school. What made them popular? Chances it was the clothes, jewelry or car they had. This mentality can carry on for years and drive people into some serious debt in adulthood. Guys buy expensive cars and no driveway to put it in. Girls buying expensive clothes and can't pay their rent or utilities. People in general spending money before they have it in their hands.

  • @gifty2595
    @gifty2595 3 года назад +14

    Absolutely loved the contributions that the panel made. Especially the lady that talked about downsizing and moving into a studio apartment.

    • @derrickmason7457
      @derrickmason7457 3 года назад +2

      Absolutely I know me and my wife downsized our bills live below your means for Awhile save your money invest we had an apartment for about 4 yrs we saved a down payment for the house payed off the debt payed the cars. A lot of people would rather spend up all their tax returns etc

    • @sha_la007
      @sha_la007 3 года назад +2

      I need her channel!!!

  • @jchris4090
    @jchris4090 3 года назад +8

    There is nothing wrong with wanting or purchasing nice thing as long as there is a balance. I think in the black community we have a all or nothing way of thinking. You can still invest and still splurge on yourself. Its not that complicated in my opinion

    • @veronicahaney6005
      @veronicahaney6005 2 года назад

      White people live frugal for years and retire early. There is nothing wrong with learning good habits from those with success you want to emulate

  • @ssdskully
    @ssdskully 3 года назад +5

    That Beyonce vs Rent question wasn't a bad question at all. I sit down with my property manger to talk about real estate sometimes and it's always a story why people don't want to pay their rent. One time a mom wanted to throw a hotel party for her daughter turning 10 instead of paying rent.

  • @EducatorKae
    @EducatorKae 3 года назад +6

    So many great points were made in this discussion. I think if we think of success, we have a visual image of what it looks like in our minds...Designer brands, expensive vacations, luxury cars, etc. Collectively, an UNlearning needs to take place. Success is wrapped in many unexpected packages and I hope we can collectively recognize that. 💕

  • @leeb4799
    @leeb4799 3 года назад +10

    The Black community want Both, me personally neither. I want health and enough to live this life. This is going to be a good show!

    • @sha_la007
      @sha_la007 3 года назад +2

      I see what you are saying. I will actually spend money on my health. I weight train and cycle outside and on an indoor smart trainer. Matter of fact, I host virtual rides for the group I ride with. Your health is wealth. Great comment!

    • @leeb4799
      @leeb4799 3 года назад +1

      @@sha_la007 Thank you and I love the fact that you are putting words into actions. Lets keep it pushing one small area at a time, we will eventually get there.✌

    • @sha_la007
      @sha_la007 3 года назад +1

      @@leeb4799 Excuse the typos. I cleaned them up🤦🏾‍♀️

  • @taylor-sanchez
    @taylor-sanchez 3 года назад +7

    To feel like you *deserve* X Y & Z is a dangerous mentally for anyone and everyone. Entitlement is a mindset to keep us stuck.

    • @zion495
      @zion495 3 года назад +1

      Exactly. You are only worth not you earn. Not what you feel or think you deserve. It should be earned

  • @nehifamily
    @nehifamily 3 года назад +2

    Seriously, the man in blue and the amazing cupcake entrepreneur bring the truth and the reality

  • @jackalaking1492
    @jackalaking1492 3 года назад +3

    New follower and I just want to say this panel and last year's panel have great nuggets. I'm truly enjoying watching these conversations and doing some self examination. I'm not old but my days of youth have passed. I have a family of my own now...is how I'm managing my money now gonna set my family up for struggle or success? Am I teaching myself and my children that the only way you'll be taken seriously is if you spend your money to look nice or if you invest your money in yourself to look comfortable and still be successful?

  • @jeremyrussell4177
    @jeremyrussell4177 3 года назад +2

    You must be comfortable in your own skin, I like nice things but price/ label isn’t the deciding factor.....priorities!!

  • @stephonjones46
    @stephonjones46 3 года назад +3

    The brother in the blue blazer stay educating the whole panel. He has a gift

  • @MsMockingbird06
    @MsMockingbird06 3 года назад +2

    I think it’s difficult for people who haven’t had much to have the vision and know the steps to accomplish wealth. People don’t know what they don’t know, only what they’re exposed to. Those with wealth, especially generational wealth, are more likely to have social capital. It’s definitely important to pay it forward like the young man said, but in order to do that we need to be honest about the financial shortcomings of our people so that we can help them become more educated in the areas that they need.

  • @MrOfficer235
    @MrOfficer235 3 года назад +3

    I can’t believe she said black people deserve luxury things. Wow

    • @valeriecarre8967
      @valeriecarre8967 3 года назад

      Luxury is first owning a business, property, not a bag. I don't care about the bag

  • @LALINGOOO
    @LALINGOOO Год назад +2

    These conversations really need to be had because if I tell you I wasn’t triggered I’d be lying. Sometimes we need that reality check to change our reality.

  • @dljohnson
    @dljohnson 2 года назад

    That's last brother was spot on

  • @arleneaugustahair8393
    @arleneaugustahair8393 3 года назад

    I go to the clearance rack and keep it moving. I wear children’s size sneakers so they aren’t expensive. I always ask for a military discount on top of the clearance discount. 😩😩😩😩😩
    I learned the stuff I know from a wealthy white lady. I get suited up for business things. Other than that, I will wear my tights, a t-shirt, sneakers and keep it pushing.
    Budget like crazy, make sure you have a slush fund so you can enjoy your hard labor and make sure your money makes money while you’re asleep. If you have to pay for medical bills, make sure you have an HSA (Health Savings Account). Make sure you have a Roth IRA. You definitely need it if your job doesn’t have any kind of 401K, 403b and so forth. Social security is ONLY to supplement what people have saved for retirement. Ladder CDs, get Bonds and so forth.

  • @Hindia00
    @Hindia00 3 года назад +5

    Best quote ever:
    All dressed up and going nowhere! 😆

  • @bridgespricelarae1578
    @bridgespricelarae1578 3 года назад +2

    This is an extremely offensive title. Wealth is something that we are still left out of having even we when work like our ancestors. The legacy of racism is what we should be talking about. Of course blk ppl want wealth!

  • @joeyseven17teen6
    @joeyseven17teen6 3 года назад +4

    My boy Anthony killin these blk history panel videos. Love the convos

  • @problactive285
    @problactive285 3 года назад +1

    Of course I'll be watching this entire video but just to answer the question on the thumb nail, Blacks in American AND in other parts of the world want the look and feel of success but often times we do not want the struggles that come with it. In my opinion I do not think we know HOW to struggle to be wealthy we are only experts at struggling as oppressed people. In an optimistic sense I believe we are in a transition and in the years to come we will see a large shift in the collective Black consciousness towards learning how to become wealthy getting away form just looking "rich".

  • @NobleHusky
    @NobleHusky 3 года назад +1

    Do I want wealth? - Yes of course
    Do I want fame? - Yes of course
    Do I deserve it? - I feel like I do, but I know I don't.
    I, like everyone else on Earth (and especially Americans), have opportunities to gain fame and fortune unique to ourselves. There may be obstacles (racism, oppression, crime, war, etc.) that delay me from getting to the success I want to achieve, but to say I deserve it because of my unique circumstances is sinful Pride in my mind.

  • @TRINIGIRLHANNAH
    @TRINIGIRLHANNAH 3 года назад +4

    Why do we care? Why do we obtain wealth? Yes for stability but we also splurge on nice things. Why does it matter what someone else do with their money ? Life is short. What matters is what you do to make yourself happy and what you leave behind for the next generation. That’s it.

    • @FeR-kt1jt
      @FeR-kt1jt Год назад

      Which hasn’t worked for us. Just more excuses and individualism/competition

  • @andreasclarke236
    @andreasclarke236 3 года назад +1

    Here's a thought (NOT new). We need to be SUPPLIERS, which comes from owning LAND RICH with natural RESOURCES. This is why OTHER nations are ACTUALLY wealthy. They OWN and CONTROL the land out of which RESOURCES flow. THIS is how THEY can and do CREATE the BRANDS that WE seem to value so much.
    This is how they can and do BUILD the cities and countries WE all seem to want to visit and VACATION in. While we're BUSY CRUISING on the ships THEY BUILD, along the WATER ways THEY CONTROL, they're off SEARCHING for NEW territories to conquer, BUILD, MAINTAIN, and RULE in.
    It's Bible baby, and some actually understand and CAPITALISE on the ORIGINAL (God GIVEN) concept, COMMAND, much better than others.
    BE FRUITFUL (land ownership), MULTIPY (produce), REPLENISH (maintain), SUBDUE (control), HAVE DOMINION (RULE THE LAND YOU OWN)!
    This is why WARS are fought!
    HELLO!!!
    And this is another reason why the ENEMY of our SOULS doesn't want us really reading, STUDYING and MEDITATING on God's word.
    But these are just parts of a MUCH larger thought (VISION), attached to a much broader CONVERSATION, (WORD) MOST people aren't having, because we're TOO BUSY being DISTRACTED by SIZABLY smaller issues (BLM, DISEASE, RASCISM, ETC.) to get the memo, REVELATION.
    We're STILL nowhere CLOSER to ACTUALLY BEING AWAKE ⏰!!!! But instead, we're just like the character in the movie THE MATRIX, who wanted to, and DID trade BEING AWAKE, for being asleep 😴 and DREAMING again, because he didn't want to FIGHT for what he had recieved the REVELATION of.
    So. Who's REALLY awake?

  • @alvinclarke5105
    @alvinclarke5105 3 года назад +1

    Homeownership is the foundation of generational wealth, can we get our black leaders to encourage the black community to make this their #1 priority instead of what the government can do for us as a community. The average white net worth is $171,00 to black net worth of $17,000 that’s 10X more. Can we catch up say in 10 years, I think so but it starts with the man or woman in the mirror.

  • @crw3673
    @crw3673 2 года назад +2

    Sister in the black dress, I disagree whole heartily. No one deserves nothing, unless they work for it. That's the problem with this in title generation we have now. They think because they exist, they deserve to have! Negative.

  • @mikemushipe6023
    @mikemushipe6023 3 года назад +3

    The goal is to be rich, not to look rich.

  • @berenic90
    @berenic90 2 года назад +1

    Let's be honest. The average person would go see Beyonce 😑. If you go to the projects and look at the parking place, most cars are super expensive cars but they live in the projects

  • @crw3673
    @crw3673 2 года назад +1

    To answer the question of whether they want to be wealthy or just look wealthy? Sad to say more on average just want to look wealthy! When you think of the grind it really takes to be wealthy, the average person in my community is not interested in doing all that work! Most people I see are looking for the quick get rich. Whether it's playing the lottery, buying a imitation what ever or robbing and stealing to buy the official. The average person in my community is not looking to invest money into a business. Work hard and reinvest that money and save for a rainy day! Sad but true.

  • @smartmoneyken1243
    @smartmoneyken1243 3 года назад +3

    I can appreciate the sentiment of downsizing and I'm sure she did her due diligence when downsizing to a studio apartment, but wouldn't there have been a better investment in house hacking and having some ownership that's bringing in revenue? That's a real bag there.

  • @lawrencegraham6284
    @lawrencegraham6284 3 года назад +3

    There is a great difference between what you DESERVE versus what youve EARNED!! What you deserve is your subjective bias versus what you've earned through sweat equity and effort.

  • @clearlymr.wright9479
    @clearlymr.wright9479 3 года назад +1

    There’s a bit of hypocrisy as people are on the stage talking about they don’t like material things but wearing Apple watches...And coach shoes

  • @universityofknowledge5848
    @universityofknowledge5848 Год назад +1

    The Community wants freedom and equality meaning a level playing field that does not discriminate

  • @brianabattle6247
    @brianabattle6247 3 года назад

    It's okay to model other people's success. Whether they're black, white, or purple I would see it as an opportunity to learn and excel.

  • @kadeng8085
    @kadeng8085 3 года назад +1

    Thank you for blue suit for making sense out of this

  • @RedScareClair
    @RedScareClair 3 года назад +1

    I am learning that wealth and fame are not necessarily mutually exclusive. Wealth often follows some kind of fame. To obtain wealth, people need to know you who are. Maybe not on a superstar level, but enough people need to know who you are to want to give you money. I personally would rather be rich and anonymous but if I am anonymous who will give me money?

  • @TheSeeking2know
    @TheSeeking2know 3 года назад +1

    That point about the black churches is far deeper than we think. So much is tied to it. Even what is preached.

  • @NaturallyNerdeeNicol
    @NaturallyNerdeeNicol 3 года назад +2

    To look nice especially in a professional sense is fine. Especially since people, unfortunately, treat you based upon their first impression of you. For those that possess their sight, what they see is the first step in forming a perception. To look nice but beyond your means to the point of being a walking billboard for someone who does not care about you is the issue.

  • @michelarosier1918
    @michelarosier1918 3 года назад +4

    The conversations in part II video is 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @calculatedrisk1
    @calculatedrisk1 3 года назад +1

    If most of the successful people we can all name are famous, what do you think will happen? Most folks don’t even know who Robert Smith is...

  • @MarissaontheMAP
    @MarissaontheMAP 3 года назад +2

    That question about if the average Black person is going to pay their bill or go to a Beyoncé concert was dumb, ignorant + offensive AF! Anthony should be ashamed of himself for asking that + the white person on his team (that he said is majority white) needs to be slapped 😑😑😑

  • @shelbysittig1047
    @shelbysittig1047 3 года назад +4

    Nothing wrong with dressing nice and the part. But please don’t equate looking like a million dollars and having a million dollars. You don’t have to spend a lot to look awesome and feel comfortable and confident.

  • @reynolds1182
    @reynolds1182 3 года назад +1

    “It never ceases to amaze me; we all love ourselves more than other people, but care more about their opinion than our own.”
    -Marcus Aurelius
    You are not born in this world for nobody. Many people buy stuff to impress, some say it makes them happy but if not happy without then you shouldn’t have. Happiness is a mindset not a item. PS: this is just for people who buy in unnecessary expenses. Like 50+ shoes but only wear 5 pairs. Heck that’s why I lived my grandpa: retired military, love animals, sports. He spoiled me but he always carried change and had a coupon for everything and would pay the exactly price of stuff every time.

  • @injoyinmyself2018
    @injoyinmyself2018 3 года назад +1

    Fame is strong and unique to America due to the entertainment industry, that includes sport , as a result it creates individuals who are famous and wealthy , this two traits are highly valued and are emulated.
    One does not just want to look good because of image, in the society we treat people based on how they look.
    It applies to all cultures , how do we define wealth by image or what we own or something else?

  • @MultiplyingTalents338
    @MultiplyingTalents338 3 года назад +2

    Most want the fame and it’s due to much ignorance in our communities

  • @lanettaberry3373
    @lanettaberry3373 3 года назад

    Great conversation! Thank you

  • @mekabee9517
    @mekabee9517 3 года назад +4

    Loving these panel conversations

  • @JRenae-uv5yx
    @JRenae-uv5yx 3 года назад +1

    I be so glad when blacks stops looking at Mercedes as wealth If we just stop judging and start aspiring we'd be further as a culture!

  • @thenecyshow2401
    @thenecyshow2401 3 года назад

    Keep it coming please!!!

  • @BlackJaxxx
    @BlackJaxxx 3 года назад +2

    SMH @ 4:54 . Why does every time there's a discussion with black folks her name has to always come up?

  • @kivabolton4448
    @kivabolton4448 3 года назад

    Don't Look Rich..Get Rich...Get Debt Free...Stack Your Money 💰...

  • @ethangreen5510
    @ethangreen5510 3 года назад

    Some ideas were lost. If we are speaking in the “Macro” black people do not understand financial literacy. As. Whole, black people do not k how to budget, save, and invest. Everything is about balance. If you cannot afford to buy it 10X then u can’t afford that item. It gets way deeper than this. But for convo sake we must reevaluate what we “value”. It’s not okay to have 30 pairs of jordans, but be struggling.

  • @valeriecarre8967
    @valeriecarre8967 3 года назад

    I don't own a Louis Vaton.
    I own a house with equity
    I don't pay for white families to gain wealth.
    I am trying to invest in my own legacy
    I want people to know my family name Desbas, Zephirin.. yall going to know it and pay for it. I will buy a nice looking bag at TJmaxx for 30$ and put 50 in stocks.
    I will get a yaht if I can charter it a private plane I can charter it. My money needs to make money. I want to own. There are those that pay for families to live and those that are paid for their name, I want to be the ladder.
    I am not buying airport because everyone else, I will buy mpows for $38 great product comparable but save the $150 buys stocks for my kids. Or put is towards a Tshirt company for my daughters. By 18 my kids will be mandated to get their real-estate liscence and their first job will be owning rental properties while in college. I am thinking bigger then then the pretty bag.
    I am thinking multiple income revenue and a kids book series. A brand
    This is why I can't be with foolishness
    While my ex-husband wants to have many women, will make many dollars.
    Men like that work hard make money and die struggling. Sadly I know many men who make money young and die struggling. No foresight

  • @diamondeyez91
    @diamondeyez91 3 года назад +7

    You can't have wealth without good health.

  • @darlenetillman7084
    @darlenetillman7084 3 года назад

    I want neither... I want to be comfortable with a peace of mind👍🏾

  • @Dasecond88
    @Dasecond88 3 года назад +1

    Takes less work to look like money than it takes to know your worth.

  • @khalilelias5522
    @khalilelias5522 3 года назад +1

    I’m so upset it took me so long to jump on these convos get deep.

  • @SteveDegener
    @SteveDegener 3 года назад +1

    Well done AO.....please keep developing and posting videos on these issues......

  • @jordandarby
    @jordandarby Год назад

    11:25 Really sums up this conversation about finances amd black wealth.

  • @SediMha
    @SediMha 3 года назад +1

    Anthony's facial expressions 🙌🙌🙌😂😂

  • @guardianone6137
    @guardianone6137 Год назад

    They not listening to the question it is not about you or I it is about community