Securing Financial Successin

An Economic Mess

Presented byKelvin Boston

Host, Moneywise PBS Series

Moneywise with Kelvin Boston

Recessionary Blues:

• Recovery will take ten years.• 33% of AA or Unemployed or Under Employed.• Corporate America can’t create enough jobs.• African American HH’s net worth is $4,000.• Black America might lose 50% net worth.• Financial Stress and Fear is a silent killer.• Hopelessness can create a generation of helpless

people.

A Financial Gospel

• Consider the recession as a new beginning.• We can do a lot on our own.• We can work in the 21St century workforce. • We can reclaim our communities.• We have time to get it right this time.• 25% of us want to become self employed.• 50% of us have some means of income.

MoneywiseIt’s Never Hopeless Tour

Jazzy Financial Moves

• Everyone needs a plan.• Education is still the best investment.• Exercise every day.• Reduce Debts and Increase Savings.• Find a Trusted Advisor.• Buy REO homes and undervalued stocks.• Connect with the SBA and SCORE.• Replace Fear with Faith.

The NAACP: Neo Soul

• Embrace the Economic Rights Movement.• Teach Financial Education To Everyone.• Promote Entrepreneurship.• Buy REO Homes in Your Community.• Join Neighborhood Stabilization Programs.• Hold Financial Stress/Depression Workshops.• Match Unemployed with Volunteer Programs.• Connect Unemployed with Retraining Programs.

Spiritually Speaking

• African Americans need someone to light the way to economic freedom.

• The NAACP represents the light of prosperity.• You are the light! Let your light shine! • Help others secure success in this economic

mess.

Let Your Light Shine