Black folks i have a real question. Who taught you financial responsibility?

[CapitalB]

u cant teach what u dont know..

but wit me..

its been trial and error..

and jus living..

before it was buy what u want dont worry about how much it costs.. u spend all ur money so what.. ull make more tomorrow..

then it was take care of bills and shit first then the rest was for play..

then it was dont buy once what u cant buy twice..

im pretty good at savin money now.. but i think it has more to do wit me havin damn near everything vs restraint.. i aint go lie.. im fucked up. hahaha

but me knowin that i know how i wont be raisin my daughter..

 

[zombie]

I went to business school and got an education on all those things my parents did not have to teach me the details of those things just teaching me responsibility and a love of education was enough.

 

[I Self Lord & Master]

Crazy u ask, nobody doe

Other than one person

I have an uncle who recently passed....millionaire ...nothing crazy, on the low side..but he showed me and dad statements before....official old school street shit. Main21 nigga (chicago niggas know)

He told me many things regarding many realms..but now that u asked, he was tge ONLY one to talk to me on financial education

He told me much shit.led to me hustling and holding down the fam when we were all doin bad no one had a job or money, and i held us down for a moment

Most deep shit he said....i think of it daily

"Business is WAR".......

three words...but it changed my mind set and approach to so much shit

 

[CapitalB]

the white man and his wonderful institution

*fixed

 

[VulcanRaven]

My mother after she learned from getting in debt

 

[7figz]

Financial responsibility: knowing that if you don't pay for your own shit, you won't get shit.

My parents taught me on my born-day 1 year \when I said "fuck y'all" and they said "fuck ya' birthday nigga" ... and I ain't get no Nike's.

 

[zombie]

the white man and his wonderful institution

*fixed

^^^^^^^^^^^^^^^^high school dropout post

 

[jono]

Nobody. Still a lot of things I don't know or understand but I have a natural curiosity for learning so I pick up random stuff and read. Learned a lot about economics on my own.

Because it seems like nobody pass down shit to us as a people like how other cultures are taught. Even my parents who were pretty good with money didn't teach me shit. I had no concept of credit score, stocks, bonds, buying land,etc until i was into my late 20s. I personally think it's one of the issues that's holding us back as a people. If you don't have credit how can you own shit, if you don't own shit what do you have to leave for the next generation.

Which makes me go into another topic. What the fuck are they seriously teaching our kids in school other than straight bullshit. Every grade of school should have some practical shit, be it financial responsibility, investing,etc.

Without understanding there can be no learning. School teaches mathematics, then algebra, by the time you finish HS you should have heard the term "compound interest" but sadly many of us don't hear that until someone offering us a free credit card or some other such nonsense.

The question then comes at what grade level should we spring these very complicated systems on kids..11th grade, 12th?

 

[Mr.LV]

I taught myself, started with saving lunch money and making my own lunch for school saved birthday money when I was a kid .Now as an adult I don't spend money on frivolous stuff I don't need.

 

[Mister B.]

Mostly me.

Moms helped when she knew I loved math, and I can make money last.

 

[CapitalB]

the white man and his wonderful institution

*fixed

^^^^^^^^^^^^^^^^high school dropout post

nah.. that was a get more money then u post. hahaha

 

[zombie]

children should be taught about money from about the 3rd grade but don't expect the schools to do this it's not in their interest to teach poor children about money. In any case these things are better absorbed in the household.

 

[zombie]

the white man and his wonderful institution

*fixed

^^^^^^^^^^^^^^^^high school dropout post

nah.. that was a get more money then u post. hahaha

You don't have more money than i do because no one is paying top dollar for those blue waffle infected whores you sell.

 

[CapitalB]

children should be taught about money from about the 3rd grade but don't expect the schools to do this it's not in their interest to teach poor children about money. In any case these things are better absorbed in the household.

^^^^ a broken clock is right twice a day post. hahaha

 

[NothingButTheTruth]

Parents, college and self (observation).

 

[leftcoastkev]

Being on your own with no help forces you into it, unless you ok with being a bum ass nigga, don't highly value your independence, or okay with being more show money than fo sho money. You either gon sink or swim.

I don't think other cultures teach it. It's more of a lead by example. But even with that said you gotta have common sense.

Case in point, my parents were financially responsible. They didn't have enough for me to just walk into money, but I knew what had to be done for me to be self sufficient....yet when my hardheaded ass (no common sense) first start getting real money 22-23y/o I was ballin outta control and eventually had to calm that shit down because the money was going out as quick as it was coming in and the stack of savings I had stopped stacking. Ain't like my grown ass gon ask my moms for down payment on a house money while I'm standing there in gucci loafers.

You can't run a professional business successfully if you can't run your own private business successfully.

Which makes me go into another topic. What the fuck are they seriously teaching our kids in school other than straight bullshit. Every grade of school should have some practical shit, be it financial responsibility, investing,etc.

School prepares you to be a marketable resource for society. A clock puncher. It's Social engineering. The highest and deepest learning you will probably ever receive is when you start your own research. The most practical teachings come from home.

 

[semi-auto-mato]

having kids taught me financial responsibility. it didnt matter to me before then

 

[zombie]

children should be taught about money from about the 3rd grade but don't expect the schools to do this it's not in their interest to teach poor children about money. In any case these things are better absorbed in the household.

^^^^ a broken clock is right twice a day post. hahaha

Nigga, most likely you had no father your mother clearly was not shit for having and raising a child like you. Clearly you dropped out of school, so FOH you don't know how to read a clock unless it's a digital

 

[Cinco]

I went to business school and got an education on all those things.

don't expect the schools to do this it's not in their interest to teach poor children about money.

Which one is it bruh. Lol

 

[zombie]

I went to business school and got an education on all those things.

don't expect the schools to do this it's not in their interest to teach poor children about money.

Which one is it bruh. Lol

nigga, i was talking about elementary school/ high school, of course they are going to teach you that shit in business school and in any case once you hit business school you are not a child anymore.

the fuck is wrong with you niggas