Hi All,

I just wanted to get this out there before it gets buried. According to a new AP news report, relative to Whites, African-Americans are far less likely to be involved in corporate 401k plans. I won’t add much more to this, but this finding isn’t surprising given that African-Americans have a history of being abused by “the system” – hint: think slavery and the Tuskegee Syphilis experiment.

Best,

James

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

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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.

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