Guys...You seem to create the impression that there is to be a semblance of
economic exploitation intended in this piece, as evidenced by your
responses. How about treating the article as a learning tool or an
instrument of caution for those of us who have not disciplined ourselves to
the art of financial management? Certainly, it will serve a purpose; don't
you agree?
> -----Original Message-----
> From: conduit [SMTP:[log in to unmask]]
> Sent: Sunday, March 19, 2000 8:42 PM
> To: [log in to unmask]
> Subject: Re: THE DECLARATION OF FINANCIAL EMPOWERMENT
>
> Every action has a reaction. If I am "getting over"; then, someone else
> is "getting under".
>
> At 08:19 PM 3/19/00 -0800, Godwin Anthony Amegashie wrote:
>
>
> That sounds like the "Capitalist Manifesto", the answer to Marx's
> Communist manifesto.
>
> "E. Aggo Akyea" wrote:
>
>
> In order to attain a measure of success, power and wealth, I
> shall uphold the principles of saving and investing as well as controlled
> spending and disciplined consumerism. I vow to fully participate in the
> capital markets and make a solid commitment to a program of wealth
> accumulation. Determination and consistency will serve as my guides, and I
> shall not allow external or internal forces to keep me from reaching my
> goals. By adjusting my course and embracing a new mandate that stresses
> planning, education and fortitude, I lay a strong, unbreakable foundation
> for the preservation and enrichment of my family, children and children's
> children. From this day forward, I declare my vigilant and life-long
> commitment to financial empowerment. I pledge the following: 1. To save
> and invest 10% to 15% of my after-tax income. 2. To measure my personal
> wealth by net worth (all that I own, less all that I owe), not income. 3.
> To be a disciplined and knowledgeable consumer. 4. To be a proactive and
> informed investor. 5. To engage in sound budget, credit and tax management
> practices. 6. To teach business and financial principles to my children.
> 7. To use a portion or my personal wealth to strengthen my community. 8.
> To support the creation and growth of profitable, competitive black-owned
> enterprises. 9. To maximize the earning power through a commitment to
> career development, technological literacy and professional excellence.
> 10. To ensure that my wealth is passed on to future generations.
> Copyright: Black Enterprise Magazine - www.blackenterprise.com
> <http://www.blackenterprise.com> - April 2000
>
>
>
> ========================================================
> N.
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