The reason I stress about figuring out and building wealth that I can leave behind for future generations is not just for materialistic goals but to be able to make impactful changes. For me the most important thing is to end the financial struggles my family face. Let’s perpetuate generational wealth and not the ‘black tax’. Today’s post is all about our daily finances and why it is so important to fix it now so that our great grandkids can still benefit after we are no longer around. This is known as building generational wealth. I am always careful in my posts about finance because I am not a financial advisor. What I know is what I have experienced, what has been shared with me and what I have learned on my journey to become financially unburdened.
Growing up African, specifically Ghanaian going on “holidays” always came across as unimportant and practically a waste of money. Before you jump the gun, I know not everyone is the same. But collectively as a whole this was an outlook held by a majority. In many ways this came from a poverty mindset, lack of experience and exposure. Fortunately for me as I got older this mindset began to shift within my family and we began to do more travelling. By the time I was eleven we had visited the neighbouring countries around Ghana. Togo, Burkina Faso and Ivory Coast. One place we visited that I oddly remember vividly was Paga Crocodile Pond. From this town is the No Man’s Land between Ghana and Burkina Faso. This is a place where people go to see, feed and take pictures with very friendly crocodiles on the surface, that is the short and long of it, but this place is steeped in culture of an adapted a lifestyle with the crocodiles.
There’s a lot that can be said about a person when it comes to their name. In fact naming is quite important in everything. For example in business and branding the name can make or break the company. Let’s take #IssaMovement for example, that is the embodiment of the team and what we are trying to achieve, creating a movement to change mindsets in our community, provoke change and empower future generations. The name simple conveys that message. There really issa movement occurring (get it 😉).
There is a running joke among African communities, especially with the ‘children/ youth/ millennials’. The joke is, you only get three career options to pick from. Lawyer, Doctor, Engineer. There might be other options but most of these options are all academically driven. Now, most of my posts usually derive from the conversations that I have with my friends. On this very topic, I couldn’t help but notice that those of us who fell on the creative side of the spectrum were not “understood”, I think that’s the best way to put it. Now, in many ways, I believe this is because it isn’t something that’s seen or encouraged widely therefore why encourage your child to pursue something you do not foresee them succeeding in?
If there was ever a word that had its own existence, it would be this. The N word is living and breathing right among us. It is casually used by every race, even though some will swear on everybody’s grave that they don’t use it. As we all know the term is a racial slur used by Caucasians during slavery to create a social hierarchy, which allowed them to exploit, manipulate and keep blacks at the bottom for hundreds of years. This post, however, is not to reflect on this history but discuss the interesting and somewhat confusing survival of the N-word within the black community.