Ling Ling spills the tea

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This is why a lot of these Asian stores only take cash.

With credit cards you gotta be accurate with them taxes. But if you only take cash...:sas2:

The Hasidic Jews do this too. Not only that, they don’t marry legally, have 4 plus kids, and their wives get section 8, which they rent out under the table, wic, food stamps, and cash welfare.

They are also notorious for voting themselves into office, and taking money from public schools, when they send their kids to private Jewish schools.

Everybody knows how to work the system but us.
 

Krazy K

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In short, the argument that intergroup disparities in wealth are borne out of group based cultural/behavioral deficiencies is misleading and misdirected. Instead, we should focus on the long exposure of low wealth racial/ethnic groups to theft of wealth and blockades on wealth accumulation. To suggest that blacks, racialized Latinos and Native Americans should emulate other supposedly successful “minority” groups perpetuates, the false narrative that their asset poverty is due to a lack of hard work, effort, or ambition.
Can't talk about that breh you making excuses for mentioning reality. We just lazy and not as smart as the others according to these fools
 

KOohbt

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If another suburban kid in this thread living at home with his mommy and daddy talk about how easy it is to save. I'mma lose it :russ:



nikka anybody living at home can save a gang of money. Try finding AA adults willing to sacrifice living arrangements and fun for a bigger picture. It's hard af. BUT. IT'S not impossible.
 

Krazy K

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If another suburban kid in this thread living at home with his mommy and daddy talk about how easy it is to save. I'mma lose it :russ:



nikka anybody living at home can save a gang of money. Try finding AA adults willing to sacrifice living arrangements and fun for a bigger picture. It's hard af. BUT. IT'S not impossible.
Exactly. None of these nikkas from the bottom and never had to really struggle just to hustle. Don't even know what that means but telling people who live/lived the shyt how easy it is. Somebody said they make 65 or 75gs a year and was able to save like they don't realize there're literally making 3 times as much as a poor person .
 

KOohbt

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Exactly. None of these nikkas from the bottom and never had to really struggle just to hustle. Don't even know what that means but telling people who live/lived the shyt how easy it is. Somebody said they make 65 or 75gs a year and was able to save like they don't realize there're literally making 3 times as much as a poor person .
The fact that Asians can even afford the flight over here puts them above a SIGNIFICANT amount of black people. Like them flight be like 1.5k. That would take months to save for a working class adult :mjlol:


If middle income and up black folks don't do it, it ain't going down cause they got the money. Specially baby boomer blacks. They got a LARGE portion of our tiny wealth and they hoard the shyt like they taking it with them when they go. Won't even let they kids live with them to save for a couple months let alone YEARS. Smh
 

saturn7

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Can't talk about that breh you making excuses for mentioning reality. We just lazy and not as smart as the others according to these fools

These types act like history didn't happen. Like black folks weren't still being economically disenfranchised through the mid 20th century (lynchings, being locked out of economic opportunities, the failure of black banks due to the lack of capital etc).

None of us are saying don't work hard or try at business but you have to have a realistic view of the obstacles that you will face due to accrued disadvantages of being black in the United States. I don't want to hear about fukking immigrants who were probably elite back home coming with bullshyt "I came to this country with nothing but a straw hat" narratives. They weren't targeted for convict leasing, they weren't lynched and had their land stolen from them, they were not the target of the War on Drugs.

Expecting black folks to just hand someone 10K "to start a business" without that person having a track record of success or being legit is also not reasonable. We need access to good capital, to REAL capital.
 

The Fade

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I know someone(middle aged black man) who builds houses for a living and he said the worst workers were Africans.

You should chill
Me(AA) and a Roma dude outworked all the other groups when we did manual labor.

When we did work with the Japanese they wouldn’t take jobs with us unless I was involved

That was when the model minority myths crumbled before my eyes by the minute every day

A lot of people come to my dad for business consulting and have had successful businesses cause of him.

He typed a whole lot of nothing
 
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Exactly. None of these nikkas from the bottom and never had to really struggle just to hustle. Don't even know what that means but telling people who live/lived the shyt how easy it is. Somebody said they make 65 or 75gs a year and was able to save like they don't realize there're literally making 3 times as much as a poor person .

I started out in the projects. I left home at 16 and stayed in a garage apartment for $175/month on a part-time salary ($4.15/hr - 20 hours a week) from KFC in 1990 and still finished high school. I joined the military against my parent's wishes (we only reconciled during my 3rd year in). When my ship had it's first Med deployment, I bought my first car cash (1996 Nissan 200SX) off of earnings from selling name brand cigarettes, snuff and chewing tobacco and loaning out money to sailors (mostly white) who wasted their money on bullshyt, living from paycheck to paycheck. After I got out, I bought my first house on an $18K salary because I came up with the crazy idea to give up my lease and to live in my car for over a year boondocking (before they had a name for it) in a WalMart parking lot. I was washing my ass in the morning and night at the fitness center (they had showers), for a $50/month membership, to get up the scratch to make the down payment. To show you how stupid I was, I only thought disabled and veterans retirees could use the VA for a loan. That's how stupid I was. I didn't go out and get the McMansion. My first house, which I rent out now, is less than 1.2K square feet and needed about $15K of rehab that I did myself, room by room. You guys have YouTube to do about anything on a house when it comes to rehab/repair. I had to convince a GC that I wasn't bullshyting (most told me to get out of dodge) that I was willing to work for free to learn how to do XYZ or head down to the library crossing my fingers hoping I could find a howto book on XYZ.

I grew up in the poorest, most crime ridden county in the state of NC, which still gets shytted on until this day. I never made more than $38K before I quit working 9 to 5 in 2000.

I've tried to get cats I grew up with jobs working with the state that have felonies. Some of these jobs would have cats starting out the gate at $35K. Out of about 10 cats, only one could stop smoking weed for 30 fukking days to pass the drug screening test. One.

I guarantee if you plugged your bank account into a program like Mint or Personal Capital, you'll have a revelation and found out a significant portion of your income is spent on bullshyt. Hell, I know you throw out leftover food every week.

Do you smoke? Do you drink? That's anywhere from $300 to $500, depending on your habit, wasted every month.

These types act like history didn't happen. Like black folks weren't still being economically disenfranchised through the mid 20th century (lynchings, being locked out of economic opportunities, the failure of black banks due to the lack of capital etc).

None of us are saying don't work hard or try at business but you have to have a realistic view of the obstacles that you will face due to accrued disadvantages of being black in the United States. I don't want to hear about fukking immigrants who were probably elite back home coming with bullshyt "I came to this country with nothing but a straw hat" narratives. They weren't targeted for convict leasing, they weren't lynched and had their land stolen from them, they were not the target of the War on Drugs.

Expecting black folks to just hand someone 10K "to start a business" without that person having a track record of success or being legit is also not reasonable. We need access to good capital, to REAL capital.

I've said it repeatedly on here before that my maternal great-great-uncle was involved in the Wilmington Riot 0f 1898. They burned down his two general stores, his funeral parlor and his three-story house. He had to stay in a church steeple for almost two weeks eating raw eggs and sneaking down at night to get water from the baptismal pool to drink before he safely made it out of Wilmington traveling to Maxton, NC. He worked hard to get everything back and more in less than a decade. Before he died, his net worth was the equivalent for $250K in today's dollars.

My maternal grandfather graduated from high school at 16 in 1926. He got accepted to Stillman U in Tuscaloosa, AL. About 200 miles away from Stillman, one of the conductors kicked him off when he found out my grandfather was going to college. He made it half of the way on foot before an older black man gave him a ride the rest of the way. After his mother got sick, he dropped out in his junior year to take car of her never finishing college. He was a domestic for the rest of his life but he saved enough to buy two homes.
 
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bnew

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She left a whole bunch of other shyt out...

#1, how did they get $100,000 faster than ppl who have been here since 1619?

thats a complex and varied answer. one major advantage is having a home country from which you can buy goods from at a very low cost and sell at a substantially higher markup. having business connections and people willing to teach you how to own and operate a business it paramount.
 

Ya?

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Exactly. None of these nikkas from the bottom and never had to really struggle just to hustle. Don't even know what that means but telling people who live/lived the shyt how easy it is. Somebody said they make 65 or 75gs a year and was able to save like they don't realize there're literally making 3 times as much as a poor person .

I didn’t start marking that money...and frankly that isn’t ish in this life.
 

cartierhoe

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Some of us do it, but more of us need to start.

If anyone is on the “money” part of Twitter or Instagram, they got some really dope people to follow who drop gems. I found some of my group on there.

We gotta change the narrative, y’all. For me it was learning the basics of credit, accounting and strategy once you get the money. It’s out here brehs
Can you drop some of these cats on Twitter or IG?
 
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Can you drop some of these cats on Twitter or IG?

Jemal King (@9to5millionaire) • Instagram photos and videos
Michael King (@_landlordmike) • Instagram photos and videos
Greg Parker (@bigbizzneesss) • Instagram photos and videos
Blacker Pockets (@blackerpockets) • Instagram photos and videos
Black Married & Debt Free ® (@blackmarrieddebtfree) • Instagram photos and videos
@blackrealestatedialogue • Instagram photos and videos
Black Wealth Renaissance™️ (@blackwealthrenaissance) • Instagram photos and videos
Black Wealth Renaissance Pod (@bwrpodcast) • Instagram photos and videos
Byron Holman (@byrontheinvestor) • Instagram photos and videos
Antoine M. Campbell Sr. (@ceo929) • Instagram photos and videos
Cris Chico (@crischico) • Instagram photos and videos
Construction Consultant (@dannybuildshomes) on Instagram • 405 photos and videos
Danielle Nikki Parker (@diamantefinancing) • Instagram photos and videos
Douglas Depte (@dougdepte) • Instagram photos and videos
The Earn & Invest Podcast (@earnaninvest) • Instagram photos and videos
Earn Your Leisure (@earnyourleisure) • Instagram photos and videos
Fritz Joseph (@fritzjoseph8) • Instagram photos and videos
His and Her Money® (@hisandhermoney) • Instagram photos and videos
Brian Iregbu (@housebuyingbrian) • Instagram photos and videos
Hustle Muscle Flips® (@hustlemuscleflips) • Instagram photos and videos
Keylon Bruno (@investing_key) • Instagram photos and videos
Kim | Money & Goals Coach (@investingwithkim) • Instagram photos and videos
Emmanuel Baker, MBA (@investoreb17) on Instagram • 30 photos and videos
Jay Parham (@jayeparham2) on Instagram • 8,561 photos and videos
Dominque Bellamy (@landlord.dom) • Instagram photos and videos
Matt Garland NMLS 58700 (@mgthemortgageguy) • Instagram photos and videos
Neyiak And Lorac (@neyiakandloracgroup) profile on Instagram • 2,235 posts
O’Neil Parker , Parker Homes (@realestate.entrepreneur) • Instagram photos and videos
Nasar El Arabi (@realestatedoru) • Instagram photos and videos
Matt Larson | Real Estate (@realestatematt) • Instagram photos and videos
(@realestateprince) on Instagram • 11 photos and videos
Fear None, Conquer All (@realestatetidy) • Instagram photos and videos
Our Rich Journey (@richjourney) • Instagram photos and videos
(@sleepis4suckers) • Instagram photos and videos
Armani Johnson (@thatarmaniguy) • Instagram photos and videos
The Vending Bizz®️ (@the_vending_bizz) • Instagram photos and videos
Max Maxwell (@therealmaxwell) • Instagram photos and videos
Marek & Ko ❤ (@tiny_house_lifestyle) • Instagram photos and videos
Milli Pockets (@todd.capital) • Instagram photos and videos
Tony Robinson Sr. (@tonyrobinsonmentor) • Instagram photos and videos
J & S - Mobile Home Investing (@trailercashacademy) • Instagram photos and videos
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Urban Teach NYC (@urbanteachnyc) • Instagram photos and videos
Intentions And Processes (@wbknoblock) • Instagram photos and videos
 

3rdWorld

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Is mistrust over money and such the reason this isnt a common practice in the US?
 
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Ya?

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If another suburban kid in this thread living at home with his mommy and daddy talk about how easy it is to save. I'mma lose it :russ:



nikka anybody living at home can save a gang of money. Try finding AA adults willing to sacrifice living arrangements and fun for a bigger picture. It's hard af. BUT. IT'S not impossible.
Hence why I said that the cultural mindset needs to change. No one is saying that African Americans have not been dealt historically a bad deck of cards but that doesn’t change the fact that in the here and now you can make decisions within your control that can set your family for generations if you a group of people willing to work together to achieve it.

but the same people mouthing off that immigrant ...African immigrants all come from money and don’t know the struggle is a deflection to not take ownership for the things that are within their control to change.

the biggest damage other than the physical, that has been done to African descendants across the diaspora, is this feeling that no matter what they do, they are always beholden to whites. I unfortunately see that mindset a lot with the diaspora. This constant feeling/attitude that they can’t get nowhere without white approval so why bother trying.

Before any of what is being mentioned in this thread can be achieved, that is the first thing thing to tackle...mental slavery.

whites aren’t gods ...and truth be told, a lot of the historical damage that they have been able to achieve has been done with the help of the same people they were hurting.

Those who understand the significance of team work, tripling/quadrupling efforts are always going to be ahead of those who are self centered and place the self above all else and that is the running theme on this site.

The only reasons why y’all can’t do it, is because you don’t have a group of like minded people to achieve it and are doing it alone and are no further ahead.

A significant reason why Black people suffer and have suffered historically is we struggle to come together for the long term and often want instant gratification.
 
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