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THE BLACK PANTHER PARTY (B.C.O.C.)
presents
10 Things Black People Must Understand About Money.
When It Comes To Bills...
#2) - If you make less than $1,000 per week, you are poor.
(In order to live and invest in the future, the average person needs to make at least $52,000 per year, before taxes).
If You Need More Information, Just Ask. If You Want To Get Involved, Just Call.
The Black Panther Party Black Community Organizing Committee:
678-755-3453
or visit: http://bhcaberi.htmlplanet.com
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THE BLACK PANTHER PARTY (B.C.O.C.)
presents
10 Things Black People Must Understand About Money.
When It Comes To Bills
#3) – If after paying all of your bills for the month, you have less than $1,000 left over,
you are overspending.
(The average person needs about $12,000 per year to fully take advantage of most Investment opportunities).
If You Need More Information, Just Ask. If You Want To Get Involved, Just Call.
The Black Panther Party Black Community Organizing Committee:
678-755-3453
or visit: http://bhcaberi.htmlplanet.com
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Show # 7
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Helping 50,000 Blacks Per State Raise Their Income
Above $50,000 Per Year.
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Myth:
Some Blacks cannot
get out of bad neighborhoods because they don't make enough money.
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Fact: Almost every neighborhood in America has an area for lower income individuals. From Beverly Hills in California to
Buckhead in Georgia. Beverly Hills has studios, one bedrooms and guest houses for $600, $700 and $800.
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A person working at a fast food job could live in Beverly Hills if they are willing to sacrifice
and live modestly. The same is true for Buckhead and any other city in America.
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Solution: Blacks must stop telling themselves
that they can't find better jobs. After working at a fast food restaurant for 6 months the average person knows just about
everything that is involved in opening, closing and the day-to-day running of that restaurant. Every Black worker should type
up their resume' and apply for a supervisor position after 6 months of employment.
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Minimum
wage jobs were designed to be for teenagers as an entry into the job market. After you have been in the job market for 1 year,
you should be in a supervisor position. After you have been in the job market for 3 years, you should be in a management position.
And after you have been in the job market for 5 years, you should have your own business.
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Bills:
1. If you work just to pay bills, you are not a worker, you're a slave. (A
job is meant to give you the money & know-now you need to start your own company).
2. If you make less than $1,000
per week, you are poor. (In order to live and invest in the future, the average person needs to make at least $52,000 per
year, before taxes).
3. If after paying all of your bills for the month, you have less than $1,000 left over, you
are overspending. (The average person needs about $12,000 per year to fully take advantage of most investment opportunities).
4. If you pay your bills on or right before the due date, no matter how good your credit is, you are a poor credit
risk. (The best credit risk are individuals that pay all of their bills on the same day of the month and does not have to
wait for their paycheck to pay their bills because they have the money in the bank from last month).
Employment:
5. If you have a business that does not hire people, you don't actually have a business, you have a hobby. (Businesses
are designed to create jobs).
6. Minimum wage & low-income jobs were designed for teenagers just getting into
the job market. (If you have been working for more than 1 year, you should be a supervisor. If you have been working for more
than 3 years, you should be in management. And...If you have been working for more than 5 years, you should be in your own
business).
7. You are the brains of your business, your accountant is the heart and your attorney is the lungs. (An
accountant helps you track your money, an attorney helps you protect it).
8. There are 4 stages to business, they
never change: Starting a local business. Growing into a local company. Becoming a national corporation. And...Becoming an
international corporation. (Most Black Businesses never pass the local business level, which means that they are not a part
of the state economy, not a part of the national economy and not a part of the global economy).
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Black Solutions - #5.: The Difference Between Rich People And Poor People Is...Rich People
Think In Millions And Billions. Poor People Think In Hundreds And Thousands. LEARN TO THINK BIGGER!
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9._Black
Money Matters
*Atlanta Life Financial Group ( 90%)
*Capitol City Bank and Trust ( 92%)
*Citizens
Trust Bank ( 77%)
*National Association of Black Accountants (NABA) ( 65%)
8. Black
Money Matters.
Top 10 Black Financial Institutions Most Effectively
Addressing Black Money Matters.
# 1. *Capitol City Bank and Trust ( 92%)
#
2. *Atlanta Life Financial Group ( **Removed )
# 3. *Citizens Trust Bank ( 77%)
# 4.*National
Association of Black Accountants (NABA) ( 65%)
# 5.
# 6.
# 7.
#
8.
# 9.
#10.
9._Black Money Matters
*Atlanta Life
Financial Group ( 90%)
*Capitol City Bank and Trust ( 92%)
*Citizens Trust Bank ( 77%)
*National Association
of Black Accountants (NABA) ( 65%)
8. Black Money Matters
Top 10 Black Financial Institutions Most Effectively Addressing Black Money Matters.
# 1. *Capitol City Bank and Trust ( 92%)
#
2. *Atlanta Life Financial Group ( **Removed )
# 3. *Citizens Trust Bank ( 77%)
# 4.*National
Association of Black Accountants (NABA) ( 65%)
# 5.
# 6.
# 7.
#
8.
# 9.
#10.
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