The Broke Black Girl: How a Facebook Group Became A Financial Movement for African American Women

This is a great story, that I break down into 5 steps:
1. What’s the challenge?
2. What’s the future you dream of? Little dreams are fine!
3. Research tools and programs for a limited time.
4. Design practical change systems.
5. Do the work and remember to celebrate each tiny milestone.

It’s true that having a community is a part of this life change movement.
But I find that my biggest obstacle is myself – changing myself and documenting the process is how I’m going to overcome my challenges and help people who want to overcome their challenges too.

Terri

 

Determined to make a change, she learned how to balance her finances and began documenting her journey toward economic freedom on social media. That led her to create a Facebook group in November 2017 called The Broke Black Girl where she shared tools and resources for fiscal success with other black women. The group ballooned into an active platform where African American women around the country would share their own financial trials, tribulations, and tips. Members also encourage one another and hold each other accountable. Within six months, the group had 30,000 members. Today, Kennedy says The Broke Black Girl boasts around 40,000 members from over 32 states and 68 countries and has generated over $10,000 in revenue.

The Broke Black Girl: How a Facebook Group Became A Financial Movement for African American Women

Dasha Kennedy, founder of The Broke Black Girl Dasha Kennedy was a wife and mother with a corporate job in her 20s but she […]

What Boomers Need to Know About Working in the Gig Economy

But of course there’s a ‘dark side’! Yeesh! Understand, I’m not yelling at this writer – these are good observations. But aren’t there lots of us out there who love our jobs and have no intention of quitting, but who would like to save – or spend – a little more than we can now?

We may already have health insurance through our employers, so we’re not expecting the ‘gig economy job to take care of all of our needs.

Anyway, I’m interested in seeing the gig economy company scores that Sidehusl.com comes up with. And, like any other data point, each of us has to assess how we work knowledge of the data into our actual lives.

Which is, after all, the point 🙂

In another recent T. Rowe Price survey, boomers were the generation with the most positive feelings about the gig economy, which now employs an estimated 25 percent of U.S. workers. Boomers were more likely than millennials or Gen Xers to associate the gig economy with words like free, independent and empowered. “A lot of boomers enter the gig economy for work/life balance,” said Stuart Ritter, a senior financial planner at T. Rowe Price. “What’s neat about the gig economy is you can call your own shots,” adds Carisa Miklusak, CEO and president of TILR, a new app-driven staffing and recruiting agency for gig workers.

What Boomers Need to Know About Working in the Gig Economy

The “gig economy” is sounding pretty tempting to many boomers. After all, having a side job while working full-time or picking up part-time opportunities […]

News and analysis for those planning for or living in retirement

I am definitely, at the moment, at risk, for a lot of reasons. How about you?News and analysis for those planning for or living in retirement

 

Women and the trouble with retirement: Unfortunately, many women over 50 fall behind men when it comes to retirement preparedness, but that doesn’t have to be the case. Why is it? These women didn’t earn the same as men in their careers (and may still not), plus their careers were interrupted if they had children or left the workforce to care for families. If you’re afraid you or a loved one is at risk of falling short in retirement, here are 10 ways to cope.

 

From MarketWatch: Yes, you do have time for a side hustle, here’s how to find it: Retirement is the perfect time to enjoy a new hobby, and make some money from it as well. Some people may still find excuses not to start a side hustle — here’s what […]