As we come to the end of Black History Month I would like to give honor to the founder of this celebration, Dr. Carter G. Woodson. We should thank the Black Community for all its contributions throughout the history of the world. To acknowledge a particular race’s pain, accomplishments, and history does not dim the light of other races. It allows the races to see what we have in common and where we have work to do as we strive to unite.
As great as America is, in its melting pot of races and culture, we still battle with establishing racial equality. When we hear terms like the first Black President, the first Jewish Governor, or the first Latino Mayor it indicates that Dr. Martin Luther King Jr.’s sentiment that we should be judged by the content of our character and not by the color of our skin has not yet been realized in America.
It will take a great people to rise up and establish an atmosphere of racial equality. I am happy to say I have experienced this type of atmosphere in my travels. I pray that you have as well. I hope we all can take the vanguard position to work harder to make racial equality a reality! Our diversity makes us a great nation.
Let us thank and give honor to all Blacks that have contributed generously to Black History, which is American History.
By Sister Khadijah Davies
Recently, I watched a video on Facebook with Dr. Umar Johnson (school psychologist and PhD) while he spoke candidly to a pair of men about the economic plight of the African American family. According to Dr. Johnson, Black people want to catch up, we have to start saving wealth and passing it to the next generation”. I have since watched the clip several times and each time I glean new revelation.
Here’s my question:
Why don’t we - as African American’s, leave inheritances for our children? Yes, I am generalizing but if the shoe fits...wear it. Many times when I visit with a client, I hear them say - unequivocally, “I am NOT leaving nothing for them to get rich. I’m going to spend every dime before I leave here. I had to work hard for what I have, so they can too”. I have heard mothers say, “Somebody will take care of them [her children]”. While that may seem like a dose of, “tough love”, or “keeping it real”, it’s sad. Why - because not only are we lacking in the education of how the little bit of money we have works and the rules we need to know in order to play the game effectively but we are also forced to CONSTANTLY start over, generation after generation simply because someone decided their immediate gratifications were more important. It becomes a perpetual game of financial cat and mouse. Unfortunately, there is no way to ever win the game - long term.
Life Insurance: Who Depends On Your Income?
Dr. Johnson mentioned life insurance as a means that not only insures that the income of the primary breadwinner is replaced upon death but it also assures that the lifestyle you have established for your family can continue. It provides an opportunity for your children to go to college, mortgages and other debt to be paid off and that our families would not end up starting from square one. It sounds like a great idea right?! Then why are 95 million people without coverage? And the 5 million who do have it, most have no idea of how it really works. Most would dismissively respond, “I’m good”.
Is There Too Much Month At The End Of Your Money?
“We have to sacrifice our spending habits more than anyone else...to catch up”, says Dr. Johnson. And he’s right. While this is not a piece with attempts to bash Black people (for I am one), it IS written to ruffle a few feathers and make some feel a little uncomfortable living in the world of lack and passing that on to our children’s children as if some cloak of honor. As a people, we tend to want what we see others have but we aren’t willing to do the work it takes to get it. At what point do WE start making sacrifices for ourselves, our children and theirs to come so that we too can experience generational wealth?
Wouldn’t you want your son or daughter to struggle less than you?
Some say, “Money isn’t everything”. I say, “It’s right up there with air...you need it to live”.
Until next time,
Ingrid M. Ellis
Primerica Financial Services
Regional Vice President - "The Incredibles"
Serving the community for more than 38 years!
Unless there is a dramatic turnaround we could very well be witnessing the end of Paterson Public Schools. It is obvious that the deliberate and illegal underfunding of the school district by the state is part of a much larger plan to dismantle our public schools altogether. Specifically, PPS faces a $45 MILLION deficit this year which could easily balloon beyond $180 MILLION by 2020. These figures are not the result of guesstimating. It is a fact that costs associated with operating the district will continue to rise. And with the consistent flat-funding, we can be certain that doomsday is near for PPS. I'm no modern day Nostradamus but I can see our schools entering a very dim and difficult season, far beyond anything we could ever imagine unless the Paterson community begins to pushback.
Corey L. Teague
The maternal instinct may be connected to brain circuitry; a new study suggests. (Francesco Tonelli for The New York Times). The study indicates that a mother’s impulse to love and protect her child appears to be hard-wired into her brain. I guess my wires got crossed.
People say "once you give birth to a child it automatically ignites your maternal instincts. That was my hope when I gave birth to my beloved daughter. Sadly, I checked out and my maternal instincts were not ignited. I was so jealous of women that naturally fell into their roles as mothers. I envied the way they interacted with their children, and they stood as a constant reminder that I was abnormal.
Children are supposed to be a gift from God right? Well, I rejected my gift. It was tragic. It took years of therapy, self awareness, reflection, and forgiveness to understand why I had no maternal instincts. Despite my challenges, my daughter I managed to develop an awesome relationship. In retrospect she was the best thing that ever happened to me. I am grateful that I was chosen to be the mother of such an amazing human being that inspires me to want and do more.