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    As promised readers, we are going to get through this heap of information on financial literacy together. I know a lot of my blogs are aimed at African Americans and systemic issues we face, but this information can honestly be useful for anyone who feels that they lack information on financial literacy and want to make a promising change for themselves and their children. I'm pro black, but I'm also pro human (meaning I want everyone to be the best version of themselves that God made them) Now that I'm done with my dissertation, let's focus up! I think we should start with vocabulary. This will probably be broken into two separate post because it's lengthy.  If you want to make flash cards like my spouse or just jot these down then feel free to grab your supplies and get going!   Amortization: making payments on a loan over a period of time.  The interest and principle are usually included in the payments made.   Annual Fee: yearly fee credit card comp...

    Happy April! Sorry for my absence. My children are on Spring Break from school and I needed a break also since I've been their formal teacher this year with virtual learning. Anyway, I'm glad to be back from my brief hiatus. This month, expect a range of blogs on informative topics. Today, I'd like to discuss generational wealth and where the black community stands on this topic. It's important during life that we as parents try to handle certain things so our children don't have the same struggles or lack of knowledge that we may have had. It's easier during their life if we can lay a strong foundation for our children. First off, generational wealth is financial means that are passed down in your family. This is important because children that inherit assets (a way to bring money into your pocket) are proven to have a financial advantage over their peers who may not. Having the extra funds can prevent your children from being in debt and making detriment...