Tuesday, May 1, 2012

Black America: Billions of dollars and no $ense

It is both shocking and amazingly sad how much money African Americans annually spend, yet have very little to show for it. Our spending pattern has flourished every community except our own. According to the target group it is estimated that we have a purchasing power of 913 billion dollars. We have proved that we are adamant consumers rather than producers and spenders rather than savers and investors. It is selfish and foolish to not leave a financial legacy to the next generation. "A good man leaves an inheritance to his children's children."