The process of building wealth begins with developing the right mindset. Before you even open an investment account, you might want to open a book. These books by black authors offer financial frameworks, cultural context, and motivational support to help people move from survival to financial prosperity.
Get these six books on improving your money mindset and building generational wealth.
Get good with money. 10 Simple Steps to Becoming Financially Whole
The Budgetnista Tiffany Aliche presents Get good with money as a A practical 10-step guide to financial integrity. The book shares a path that includes budgeting, saving, investing, and building a legacy. The book was published in 2021 to serve communities that have traditionally been excluded from wealth creation conversations. According to Aliche, the wealth starts with habits and mindset before big paychecks are considered.
Choice of wealth. success secrets of black millionaires
Business professor and author Dennis Kimbrough conducted a seven-year study of 1,000 wealthy black Americans; identify shared beliefs and behaviorsor behind their success as detailed Choice of wealth. success secrets of black millionaires. The book, published in 2013, examines wealth creators in various industries in the United States. Kimbro seeks to understand the unique thinking patterns of Black millionaires and how these habits can be acquired and used by others to overcome financial obstacles.
The Black Girl’s Guide to Financial Freedom. Build wealth, retire early and live the life of your dreams
The Black Girl’s Guide to Financial Freedom by Paris Woods empowers Black women through financial independence. The 2021 edition provides Black women with financial strategies to achieve early retirement and long-term financial health security while avoiding common money pitfalls. The text teaches that wealth is self-determined and attainable with discipline and purpose.
The black tax. The Cost of Being Black in America
Sean D. Rochester, entrepreneur and financial strategist, examines how systemic discrimination creates hidden financial burdens for black Americans. of 2017 The black tax uses US economic data and racial wealth disparities to inform readers about systemic barriers and provide tools to overcome them.
Mud 2 Millions. Ayesha Selden’s 7 Step Wealth Cheat Codes
In his book Mud 2 Millions. Ayesha Selden’s 7 Step Wealth Cheat Codesreal estate investor and financial advisor Ayesha Selden reveals seven richesstrategies he calls “wealth cheat codes.” A self-made investor, Selden built a seven-figure portfolio from humble beginnings and teaches that mindset, consistency and calculated risk are essential to building wealth. The book offers insights from the perspective of a self-made investor, showing that anyone can build wealth by developing the right mindset.
We should all be millionaires. a women’s guide to working harder, building wealth, and gaining economic power
Rachel Rogers founded Hello Seven after becoming an attorney-turned-entrepreneur to help women of color increase their income and wealth. In We should all be millionairesRogers presents a motivational and strategic guide for women who want to become millionairess. The book focuses on mindset development as well as pricing strategies and confidence building to help women achieve financial success. The book was published in 2021, focusing on women of color.
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