Hi All,

I’m hitting the books today, so there isn’t much time to blog. This posting is a quick profile on Bob Johnson. In case you don’t know who Johnson is, he is one of America’s two billionaires – the other being Oprah Winfrey. I like Johnson for a number of reasons. First, he’s been a huge success in an economic environment that isn’t always conducive to African-American wealth building. Second, he’s got good business models. For example he founded Black Entertainment Television (BET) and currently owns a ton of hotels.

The video is a brief seven minutes, but you might consider listening to the guy talk. Johnson seems to have a strong sense of how to position his cash and take positions in profitable industries. This is instructive even if you’re not a high powered businessman.

Best,

James

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

Couples Finance

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech