Want to be a millionaire? Smart money moves to generate wealth

BLACK FOLKS DON’T HAVE TO WIN THE LOTTERY TO BECOME MILLIONAIRES. FOLLOWING SOME KEY STEPS CAN HELP YOU BUILD GENERATIONAL WEALTH. (CREDIT: OSARUGUE IGBINOBA/UNSPLASH) & by& Laura Onyeneho Houston Defender Black people! What would your life look like for you and your family if you could have financial freedom right now? The Black dollar may be very powerful, but our future generations will take the heat if we don’t have strategies. Recent studies& show that the top 10 percent of households own 76 percent of all wealth in the U.S., while the bottom 50 percent own just 1 percent. Black and Hispanic families have seen strong gains in median net worth over the years. However, White families still have three to seven times their net worth. Can we still achieve generational wealth despite the stark statistics?& Cedric Nash, founder of The Black Wealth Summit, says yes. Cedric Nash, serial entrepreneur and investor, became a millionaire at 31 years old. The award-winning entrepreneur, wealth coach, and investor’s mission to millionaire status was a slow but steady seven-year process that he took after graduating from college with no angel investor or bank. He started his career as a consultant earning less than...