For people who make "good" money, whats your secret and why do it seem impossible?

[EffYou]

Real rich nikkas ain't posting on thecoli.com

But good look find any useful answers here

 

[Standing on business]

what is good money?

 

[DrX]

@EffYou I feel u breh

That shyt u typed the other day was real

 

[hatealot]

Given the average black household in US is at the bottom. I will say Good Money is 75K for a single person and 150K as a household.

 

[BlackDiBiase]

 

[Amerikan Melanin]

I make 6 figures, kept applying to jobs and getting certifications and licenses until I got a union job. Still want to do more.

About to cop a rental property then open a medical spa. Once that happens I'm quitting my job and grinding 24-7. Have an idea for that passive income.

Need to be bringing a combined 350K plus into the crib.

 

[King Poetic]

i'm far from rich but i'm also ok how i'm living to a point

my biggest financial burdens is Student Loans and Car payment ( car payment will be done in 2019)

here's how i'm living

1. I'M Cheap..... i stay at discount grocery stores and stay using coupons thanks to the old ladies at work helping me and my girl

2. i rarely eat out...my job have a cafeteria so i usually grabbed a little snack or pack my own fruit lunch

3. i don't smoke or drink, so that right there unlike my buddies keep money in my pocket

4. amazon is my friend.. socks, underwear and a few pants i buy online... my job you can dress in jeans and casual shirt and even work from home.. so why even try to look fresh.... i haven't been in the mall in 2 years, seriously

5... Stacey Tisdale ( GO TO HER TWITTER AND EVEN THE BREAKFAST CLUB INTERVIEWS ) and she help blacks with who to invest with if you don't have a lot of money... SEE ACORNS OR TD AMERITRADE.....

ACORNS FOR ME IS WAY BETTER THAN HAVING A SAVINGS ACCOUNT.... THEN ALSO TRY CREDIT UNIONS WHO I'M WITH XCEED FINANCIAL HERE IN LOS ANGELES AND ONE OF THE BEST IN THE COUNTRY

 

[NoChillJones]

U just made that up...but thanks for telling my life sto

.....hey breh truth hurts..but its real talk....either learn to be happy and live with the decisions you make...or humble yourself and learn from others.....

why your broke? Because your arrogance prohibits you from seeing your ego is your own worst enemy.....you keep thinking your some genius destined for greatness..but you fail to see that most "geniuses" are successful because thier genius speaks for its self....you keep over compensating for yours or what you perceive to be yours..

 

[NoChillJones]

Real rich nikkas ain't posting on thecoli.com

But good look find any useful answers here

......what your really telling us is you broke...

 

[Antiquity]

see that's my point...our parents(African Americans)...(your British right?) was partying , getting fukked up and fukking each other...having interracial sex in the 70s...they weren't building nothing

This is the very unfortunate reality of Black Baby Boomers. They grew up with an array of entitlements and secured money from their parents and thus spent time that should've been dedicated towards building for the next generation on drugs and illicit activities. They are ones responsible for the Black community being in complete shambles. Too many people are insulted by the idea of Black Baby Boomers not doing their job but it's entirely true. Take a look at the accomplishment under their parent's belt and the economic prosperity they ensured for their children. Now look at the Black Boomers. What economic opportunities did they provide the Millennials? Nothing. Their children are worse off economically than they ever were. Unfortunately, while Asians were building waterfront property in Northwest Pacific cities to collect millions in real estate revenue and Whites were scamming bureaucracies to gain wealth and enter Wall Street, Black people were in the midst of a crack and welfare epidemic with a broken family structure thanks to their advocacy of recklessness and non-traditionalism. Black people of that generation did not spend an ounce of effort providing any sort of profitable or valuable market for their subsequent generations. Now their children are left to fend for themselves.

Black Millennials need to stop making excuses for the Black Boomers' failures. Their selfishness and greed had nothing to do with "hardship". It's the fact that their entire generation is self-centered, they were never interested in anything that didn't involve them. They never tried upholding the Black community; in fact, they went on numerous tangents to destroy it by advocating free love, free drugs and other reckless social structures that no generation before them ever campaigned for (hence why we still had a strong community back then). Outside of the Panther movement, what did Black Boomers try to do to benefit the community? Nothing. They were the first Black generation in our history to abandon the community in turn for their own material gain. They never worked on building a foundation. No savings accounts, no funds for their children.

then we have to start from 0 in a racist cut throat capitalistic society.....

And what's even more sad is that there are non-stop excuses in the Black community for why parents could not do an adequate job of providing for their children. "Mom couldn't go to college because she had to raise you all" "Dad was out trying to make money, what time could he possibly have had to take care of you" "Mom and Dad never had money because they were trying to take care of the kids and the house" It's always an excuse for why Black parents never attempted upward socioeconomic mobility. There's thousands of redundant excuses circling around the Black community as to why Mom and Dad couldn't get their children out of the ghetto, and none of them are reasonable. There are Asian families that have to put in heavy loads of work to get their children out of impoverished areas and over to America. They conquer their poverty and then teach their children finances and push them hard in school to make sure that they will be better off, prepared for the future, grow up in a safe environment, and get accepted to a school that will teach them valuable skills. Why aren't there Black parents doing the same? Because in the Black community there is always an excuse. Black Boomers can't ever be held accountable for their actions, it's always someone elses fault as to why they failed doing an adequate job of building and providing.

I got cousins in their 20s thats done...its sad...all they do is smoke weed and chill at home...they got felonies and cant get jobs...

I don't think this has anything to do with Capitalism, it's more so that many parents are lazy and simply don't teach their children any life skills. So when they end up an adult they have not a clue of how to stand on their own two feet and thus resort to doing drugs and committing crimes all day. Black Boomers didn't invest time in their children, they invested it in themselves. Many, if not most Millennials were never taught finances, economic, or any important information by any parental figure.

 

[Swirv]

Knowledge is the key. My knowledge level at this time can bring me hundreds of thousands maybe low millions. I seek the knowledge of the hundreds of millions and billions earners. My other dilemma is what to do once Ive attained those sums.

 

[Cynic]

Learn how to market/write copy or cold call then pick an industry

But be sure you want this life.... there's a lot of SERIOUS L's you'll have to eat

 

[Hacksaw Jim Thuggin]

I'm the type of person that have really high HIGHS and real low LOWS...right now is the low point. The demons are coming back knocking, as I sit slumped over in this overrated ass office.

Thinking of ways to get paid. I'm thinking, why do some people get opportunities and make money so easily and some people have to struggle to make it even when they work hard?

Whats the secret, what I'am doing wrong? I don't get it. is it luck? do i have to be a free mason? join the Illuminati? drink blood out of a golden chicle and behind over to get fukked in my ass?

Are people with money just born into wealth and get all the perks due to str8 luck?

I don't get it. Its like if you was born poor, black, from a family with a history of poverty in a poor environment...you're fukked unless you do some transcended elite shyt like be a great ball player or make a hit record.

I look at these goofy crackers that are happy, naive to the pain of the world. They live in their own comfortable bubble. Then I take the train home and have to see my own people begging for change and singing and dancing for a buck. these kids barely work hard...but yet they have the best of everything. I grind HARD and barely make it. Yeah I know about white supremacy and them stealing resources but still...should it be that hard to make money consistently?

Its fukked up. When you're black u have very few options. Our elders didn't help by not building. Its nothing more heartbreaking then hearing 100 "Nos" when trying to get a opportunity and then having to build from starch with a min wage job.

What are our options? min wage? escort? trap? rob? so we have to sell our souls to survive? disheartening

I feel like j cole song rich nikkaz ...

lets start here...

what do you consider 'good' money?

 

[Hacksaw Jim Thuggin]

this will be the real answer in most cases.

not really....people with trust funds are a minority....

you want to start a trust fund for your kids for cheap?

get life insurance....

you cats are young...you can get $1M in life insurance for less that $30/mo....

ofcourse that wont help YOU...but will set up your fam

 

[Will Ross]

The fact is most broke people are ok with the life they have.
And the people that have money are never ok with the life they have.