Let’s talk about money in the Black community

With over 20 years experience in the financial industry, Jackie Porter shares her tips on what she thinks would encourage the Black community to talk more openly about money:

Make them feel part of the conversation
Capture their imagination
Meet them where they’re at financially
Be open and honest about money conversation
Get comfortable talking about finances

0:00

Awesome OK. Can we do one more. Sure and let's pretend some selfies I'm OK. My name is Jackie Porter. I'm a financial confidant and my mission is to break the money silence. What do you think would encourage the Black community to be more open to talking about black. Sometimes it's not feeling like they're part of the conversation. Not feeling included.

0:24

No, no one. No one having dreams and aspirations for them. And I've actually talked about this when it comes to women too. Like do you want to help women feel more included show women looking confidence show people of color looking confident showing them achieving the things that they want helped to capture their imagination and include them in this whole conversation about wealth building and meet them where they're ahead. All right.

0:47

And I think all of those things will mean that more people believe that something that they can achieve as well. So first and foremost, let's have the conversation because unfortunately. And many Caribbean African, many people in the world still don't feel comfortable talking about money. They don't necessarily have money conversations.

1:10

And it's crucial to have money conversations. And I mean with everybody. We have aging parents and you know this is a big issue. I see in the black community that we have aging parents, we don't know where their money is. They die. We don't know if they have insurance. How are we going to solve all of these problems unless we talk about it right. Unless we start to create this culture in the black community where money is a regular conversation that people have with one another.

1:37

I won't get like some side. I look when I start talking about money and you're looking at me like, how dare she take a seat. We need to be comfortable leading into these kinds of conversations we can talk about other things we need to be comfortable talking about money. It's a game changer. It's a life changer. So if we want to change like the outcome, we have to decide that, OK, we're going to change what happens right from the beginning.

2:02

So the outcomes different. Let's start let's put different things, different ingredients in that mix. So that what we end up getting in the end is different lots of folks think he said, go anywhere you go. That's so mean.