Black Women have just 100.00 to there NAME! Find out why (513 hits)
As featured on essence july issue magazine by Claire R. Mcintosh
On a sleepless night in 2002, Sandra Pearsal decided she was tired of being broke. "I prayed, "lord, I know there's got to be something better, "recalls Pearsall, 39, then a pharmacy tech. Real estate intrigued her, so she learned the basics at her local library, then found a real estate agent. "I stopped for that house the way i do for clothes- I wanted quality without paying full price," She recalls. Having improved her blemished credit using a secured credit card and making timely payments, she qualified for a no money-down FHA loan. Her first house purchased for 80,000, is worth 275,000 today, She now owns 13 investment properties in MD, NC worth 1.5 million combined.
Even with success stories like this a new study by the Insight Center for Community Economic Development released startling findings: Once you factor in how much a typical Black Woman owes versus what she owns, Black Women ages 18 to 54 on average have a net worth of just 100.00, throw in there cars which is considered a depreciating asset, and that number jumps to 5000.00.
Now the sad thing this info is so true. I have a co-worker that spends 400.00 a month just on hair weave. If you really want to change your net worth and real estate my not be your thing but you have access to the internet how about start using the internet to create additional income streams so you can make more investments to your net worth.
The Black Business Builders Club is leading the way for showing people how to use the internet.
Find out how as we take you inside of the Club right from your computer LIVE ON MONDAY'S AND THURSDAYS AT 9PM EST AT
WWW.DIMDIM.COM ROOM ID (BLACKBUSINESSBUILDERS)
Cant make it or too busy playing vampire games on tagged that is making you ZERO MONEY.
Then go to the website www.LastHiredFirstFired.com To See the webinar first if not then website and if you have any questions then contact me. Kerry LastHiredFirstFired@gmail.com
