Group I have discussed this with my family and we are going to - TopicsExpress



          

Group I have discussed this with my family and we are going to start this in 2015. Black families pooling their wealth to have more. Myself and five of my family members have decided to open up a family account and deposit $3000 each, per year into this account. We are going to do this for 5 years. After 5 years we will have $75,000 which we are going to take a purchase up some land for our families to be passed down through out the generations. We are going to have a contract drawn up where if one of us become deceased the money that was put in roll over to their children and the children will keep up the agreement. Every 5 years we will start another family money pool and if more would like to join so be it. The more the better. This is building GENERATIONAL WEALTH. Black families please start building your generational wealth. We spend money throughout the year on nothing. Invest in your own families instead of handing that money to people of Non Black.
Posted on: Wed, 22 Oct 2014 02:39:45 +0000

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