Brown Girls Do Invest Takes Over Chicago

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When a room full of smart, ambitious, intelligent and inquisitive Black women convene, nothing but greatness follows.  There was nothing but greatness present at the Brown Girls Do Invest workshop on Saturday June 8, 2019.  Hosted by Brown Girls Do Invest founder Bahiyah Shabazz, the afternoon consisted of a panel of phenomenal Power Women who imparted knowledge and offered sage advice for those of us who want to invest but may not know how to or where to start.  Thanks to Black Bloggers Chicago for the opportunity to fellowship with my fellow bloggers but to also attend the event.

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Black Bloggers Chicago

The day began with a VIP mastermind, an opportunity to have an intimate experience with the panelist to gain a little more insight than what the workshop offered.  If the Mastermind was half as great as the workshop, then be on the lookout for the next wave of Black Female Millionaires.  In a climate where Black women are the fastest growing demographic of entrepreneurs, possibly due to the fact that the average Black woman makes 62 cents per dollar of her white, male counterparts. this workshop was timely, relevant and a great way to gain a wealth of information from seasoned and experienced financial professionals.

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Bahiyah Shabazz, MBA Moderator BGDI Founder

In addition to BGDI founder Shabazz, the panelist and speakers included Florence Hardy, ESQ, Cimone Casson, Delta Jones-Walker, Joanna Jane, Courtney Richardson and Danielle Pierce.  Each speaker offered attendees hearty food for thought and practical tips to jump start their investment portfolios and begin their road to generational wealth.

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From L-R Cimone Casson, Florence Hardy, Delta Jones Walker, Bahiyah Shabazz

One of the repeated themes for the day was the value of ‘multiple streams of income’.  With the recent announcements of the wealth building and business acumen of celebrities such as Beyonce, Serena Williams and Rihanna, it is obvious that one of the roads to wealth and financial stability is the ability to have several streams of income and the ability to make money in more than one arena.

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Photo Courtesy of Balleralert.com

Another important topic that was addresses was the cultural relationship we have with money.  Unfortunately, for many of us in the Black community, this is not nor has it been a happy, healthy relationship.  It is time to do the work to change the dynamic of this relationship and kill those generational curses that have held many in the Black community in a culture and love relationship with poverty and struggle.  This no longer has to be the paradigm.

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One of the most powerful take-aways from the day was that there are many ways to make money.  Many people feel that the stock market or traditional savings is the only way to build wealth.  This is not the case and the speakers and panelist did an excellent job in discussing various alternatives to the two traditional methods of gaining wealth.  There are many options, the key is to work with a financial advisor that has your best financial interest at heart, do the work, get comfortable with being uncomfortable, and just do it.

Another recurring theme from the workshop was the power of discipline.  Yes, we need discipline in our financial lives as well.  This can be as simple as honestly wrapping your mind around the concept of paying yourself first.  I am sure we have all heard that before, but do we do it.  I can honestly say that I don’t but it is something that I plan to put into place immediately.  Most things we do in life require hard work and discipline.  Why should our money be any different?  In the words of the late great Donna Summer, “We work hard for the money,” so why aren’t we more disciplined when it comes to what we do with the money?

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The ladies were also able to introduce complex financial terms in a manner that was easy to understand and unintimidating.  Concepts such as Financial Needs Analysis, 1031 Exchange Depreciation on Real Estate and Crowdfuding.  These were just some of the concepts that the panelists and speakers were able to discuss with the audience.

My take away from the workshop was that there is no time like the present to get started.  There are some safe and non-risky investment options out there for those (like me) who may be afraid of losing money in the stock market.  However, my truth is that I really do not understand the market, so I need to do some research and thing long term and smart about what I do with my money.  I have been working on my cultural relationship with money, and understand that there is more work for me to do in that area of my life.  I know that the saying ‘No Risk, No Reward’ is also true in the financial industry.  I left the workshop with some definite financial goals in mind, something that I cannot honestly say I was ready for Saturday morning.

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Brown Girls DO Invest is currently on tour.  I recommend if you are a Brown Girl and want to see your money work for you instead of only working for your money that you go to their Facebook page (link here) and see where they are going next.  Trust me, you will feel more inspired and ready to make some strategic changes to your financial portfolio.  And if you don’t currently have a portfolio, you will leave there with a plan to start working on yours immediately.

Until Next Time!

Be Blessed, Be Fabulous!

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Spring Fashion

While I am not your typical OOTD kind of girl, I do consider myself a fashionista.  Though the calendar says that it is Spring, even if it doesn’t feel like it, you should be ready to rock your spring finds and prepare for summer since it is just around the corner.  I am trying my best to stop gravitating toward black, my go to color, and this year I definitely plan to experiment with color as well as print.  Here are a few observations I have made about Spring and Summer fashion trends.

Skin Is In

If you are shy about shoulder, leg or cleavage, then you are going to be left behind.  There are more dresses with splits, distressed jeans, strapless tops and dresses and off the shoulder items than I have seen in a long time. Fashion is becoming more daring and I am definitely here for all of it.  Just check out your latest stores and designers and you will see skin, skin and more skin.

Affordable Fashion

When stars promote stores such as Fashion Nova, and show you that you can be cute, trendy and not broke.  Thanks to stars like Cardi B.  who show us that your don’t have to go broke to look fabulous.  Other stores like Forever 21, JCPenney and GS Love also show us that Plus Size and Curvy girls can look cute and still have some coins left over.  None of the items in this post is over $50.00.

Tribal Prints

While this has been a trend for a few years now, it is not going away.  Especially with all of the stunning prints we witnessed in Black Panther, tribal prints will be around a little longer.  Not just for skirts and headwraps anymore, look for them on jackets, tops and pants.  They are everywhere.

Florals

Another trend that is not going away soon.  I have never really been a fan of florals, however I have found myself with several floral pieces in my wardrobe thanks to the modern and trendy way florals have been showing up lately.  From skirts and tops to swimsuits and dresses, the new modern floral is definitely a trend that I can embrace.

Camo

Not just for the military anymore, camo is everywhere.  The great thing about camo is that it can be worn as a neutral, so you can mix and match it with any color.  One great thing about the new trendy camo is that you can find it in dresses, jackets, pants, and tops.  Another great thing is that it is styled to fit.

Jumpsuits

They are all over the place.  And not just the denim overalls.  There are cute trendy jumpsuits available for all shapes and sizes.  They are available in solids, prints and patterns.  The options are endless.  To me a jumpsuit is a great way to go from work to play with the use of a jacket or sweater, and they can be worn with heels, flats or tennis shoes.  No matter how you style them, jumpsuits are a great on trend item.  (see the two in the floral section).

No matter where you may find yourself on the fashion scale or what your budget may be there is something out there for you.  Whether, floral or tribal, skin exposed or more covered, fashion is always your best accessory.  No matter the season or reason in most cases when you look good you feel good.  So here is to looking good and here’s to find trends that you love at prices you can afford.

 

Be Blessed, Be Fabulous!

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