Preview Mode Links will not work in preview mode

We amplify the voices of Black Business Owners and Entrepreneurs to Ignite the Global Black Economy. Through this platform our socially conscious listening community connects with black business owners and their companies to learn actionable tips for building successful businesses.

Each week we publish a new, compelling interview with a black entrepreneur who shares their story, teaches us some useful business information, and gives their number one piece of advice for the Buy Black Community as a whole.

Join us in the Buy Black Podcast Community Facebook Group: https://www.facebook.com/groups/BuyBlackPodcastCommunity/

Email: gerald@buyblackpodcast.com

Phone: 501-703-0363

  1. All Episodes
  2. 027: What Should I Do With My Tax Refund?

027: What Should I Do With My Tax Refund?

Feb 12, 2018

A Side Hustle Business Is the Investment for Tax Refund Money

Considerations When Investing

Comparing Common Investment Options

My Recommended Strategy for Building Wealth

  1. Build a Starter Emergency Fund ($1000-$2000)
  2. Build a Business Fund ($5000 is our example but can be smaller)
  3. Register LLC & Open Business Account with Business Fund
  4. Resume Normal Habits With Job Income (pay down debt, save for vacations, fund retirement, etc.)
  5. Open & Scale E-Commerce Business
  6. Use Profit Distributions from E-Commerce to Buy Income Generating Assets (Real Estate, Art, other Businesses, etc.)
  7. You are now wealthy...give money, time, and energy to people and communities who need it; help others grow as you have

For more details about this episode Connect With Me

Email: gerald@buyblackpodcast.com

Call or Text: +15017030363

Download the Buy Black Podcast App and Call or Email me directly from the Contact Menu!