ECONOMIC RESCUE FOR A RACE! "Keys To Minority Wealth"

The Emerging Financial Paradigm

Dr. Martin Luther King Jr. spoke powerfully of 'The Dream' for humanity. I believe in the dream for all people. Do you? The big question is, are we living The Dream? This question is particularly for the Black race. Here's why:

After the emancipation proclamation, 100 years later the Negro still is not free, living on the lonely island of poverty. –Dr. Martin Luther King Jr, I Have a Dream Speech

The EMANCIPATION Proclamation was Jan 1, 1863, 157 years ago. Yet many are still slaves. I am not talking about physical slavery, but mental, psychological and financial slavery. Many minorities still struggle with the mindset of poverty. It is a fact that poverty in most societies and countries ranks highest among minorities. To truly be FREE AT LAST, we must understand the psychology of poverty.

On the creative level of supply, it has been established that prosperity may be the result of 98% spiritual and mental preparation and 2% work—or outer action. Poverty is a state of mind. To overcome poverty, you must understand and focus on the spiritual and mental factors that control wealth.

“The significant problems we face today cannot be solved at the same level of thinking we were at when we created them.” -Albert Einstein


Are we living the dream? Do we have a problem? The numbers tell us the truth.

  1. There are approximately 11 million millionaires in the United States, making up 3 percent of the US population. 76% White, 8% Black, 7% Asian, 7% Spanish, 1-2% Other Ref:

  2. 1 in 7 white families are now millionaires. For black families, it’s 1 in 50.

  3. The share of white millionaires in the United States has doubled in the past quarter-century…the percentage of black millionaires has not grown at all according to Federal Reserve data.

  4. Today, Black Millionaires make up only one tenth of one percent of the U.S. population.

I believe change is crucial. That is why I call this ECONOMIC RESCUE!

Change will never occur without entrepreneurial driven enterprises and tapering the employee consumer mindsets among blacks. Each year $1.2 trillion runs through the hands of blacks without much to show for it.


The number one key is knowledge. That's why I do what I do. We must get 'KNOWLEDGE' of how things work economically to the people.

“Average folks make excuses while the wealthy make money.” -Unknown

The median wealth of black American families is expected to fall to zero by 2053. Federal Reserve data investigating race and wealth supports that projection. While a full 15 percent of white families now have a million to their name, less than two percent of black families can say the same. There's been barely any growth in the number of black millionaires over the past 25 years; right now, one in 50 black families have at least $1 million.



Our other major finding is that three-fourths of the reported $16,600 in worth reported for the middle black family is the held in the family car. Meaning the median black family is worth just over $4,000 without the family car. According to Professor Edward Wolff durables such as the family car, couch, television, and clothes should not be included as assets in valuing a household. That leaves us to only wonder what the middle black family is worth if we deduct the remaining durables.



You can have a glamorous six-figure salary, advanced degrees, and an executive title at a large corporation and still be impacted by the negative net worth virus that is prevalent in black communities. According to The Road to Zero Wealth report published by Prosperity Now and the Institute for Policy Studies, the median wealth of black Americans will fall to zero by 2053 if current trends continue. For decades, we’ve been told that education is the great equalizer. Unfortunately, more education does not automatically translate into more household wealth in black communities. On top of that, student loan debt has delayed the wealth-building dreams of many educated African Americans. The National Center for Education Statistics (NCES) noted that an estimated 77.7% of black students borrow federal student loans to pay for higher education, as opposed to 57.5% of white students. Studies continuously show that black students are more likely to go in debt in order to live the dream of walking across the stage as a college graduate.

Ref: Charlene Rhinehart, July 12, 2019

“Going to college is the first business decision many people will make,” says Jeff Wilson II, author of The Lies our Parents Were Sold and Told Us and principal at The W2 Group accounting firm. “You don’t go to college to build wealth. You go to college for a network so you can generate higher income-producing opportunities.”There’s no doubt about it: education has helped many African Americans improve their socioeconomic status and gain access to many of the luxuries of life. Studies show that education has proven to increase earnings potential. But the income gained from pursuing higher education is undercut when you have to take out large sums of student loan money without a plan to pay it back. The interest adds up and you will end up paying more than you borrowed if you don’t understand the student loan repayment process.


“If the economy is growing at 3%, you have to earn 6% to build wealth. Your income has to grow faster than the economy. Unfortunately, if you have massive amounts of student loan debt, your earnings will not grow faster than the debt burden that just kicked in,” says Wilson. The statistics are even grimmer for African American women. Many reports have shed light on the dismal link between education and net worth. While black women are being applauded for being the most educated demographic in the United States, there is a harsh reality that undermines this acknowledgment: net worth still remains low.

  • Single black women with a bachelor’s degree ages 20-39 have a median net worth of -11,000 to $0 while the white woman has a net worth range of $3,400 – $7,500.

  • Married black women with bachelor’s degree ages 20-39 have a median net worth of -20,500 to 7,700 while white women have a net worth range of $18,700 to $97,000.

  • Single black women with a bachelor’s degree over 60, have a median net worth of $11,000 while white women have a net worth of $384,400.

  • Married black women with a bachelor’s degree over 60, have a median net worth of $424,000 while white women have a net worth of $778, 000. What’s the solution?


So the big question is; What must we become as a people to live the dream?

It is time for economic change in the way we think.

“We must become the change we want to see in the world.” -- Mahatma Gandhi


You will only have what you have become in consciousness. This is where the “I Am” concept of positive affirmation really comes to bear. When you say, “I am worthy, “I am prosperous, I am wealthy”... you start to shift the paradigm of your personality to divine self worth. When you feel great about yourself, you will produce great results and prosper. Many minorities have a self-image crisis, which results in poverty.

Research by revealed that 35 percent of all Blacks live in poverty.

We must get a new vision of prosperity.

Make The Affirmation: “I am worthy of prosperity. I cannot be denied.”


Most minorities struggling with self-worth simply have wrong thinking due to years of training and bad information. I call this bad information, “negative programming.

Society—and even some classical philosophers—have created some superiority and inferiority concepts regarding race, gender and the like. These self-limiting beliefs are like self-fulfilling prophecies. They have programmed humanity more than we think.

Beware of the philosophies of men that do not value human dignity. According to Romans 12: 2, change comes by renewing of the mind and results in transformation from a negative to a positive self-image—from inferiority to proper self-esteem. As you renew your mind, new paradigms of purpose begin to emerge. To renew your thinking in regards to economics, some factors must be understood.



Your self-image has tremendous power. Your self-image controls what you can achieve. Let me illustrate. If you see yourself as inferior, then this self-image will ensure that you remain inferior. To change your self-image, you must renew your mind.


The inferiority complex is a thief of wealth. Create a positive, healthy self-image, overcome racial inferiority and become an entrepreneur.

Maxwell Maltz said, “A negative self-image holds you back in trying to recover from your social anxiety. Not only does it hold you back in trying to recover, but also in all other attempts to success and happiness in your life.”


Choose to feel good about you. As i have indicated, the inferiority complex is a thief.

Don't under estimate or over estimate yourself. You are neither inferior nor superior to others, so do not complicate it and overcompensate on either side. Overcompensation is manifested in acting like who you are not, to impress others.


You are not inferior. You are a creation of God. You can have happiness, joy and personal satisfaction of doing something commendable in itself alone without resorting to boastful comparisons with others. Believe in yourself.


The late Dr. Norman V. Peale said, “Whenever a negative thought concerning your self-image comes to mind, deliberately voice a positive thought to cancel it out. Do not build up obstacles in your imagination. Depreciate every so-called obstacle. Minimize them. Difficulties must be studied and efficiently dealt with to be eliminated, but they must be seen for only what they are. They must not be inflated by fear thoughts.”


Many are so caught up in their present circumstances and problems that they lack a vision of a prosperous life. They cannot see the forest for the trees... In addition to this, they often have great hostility toward those who are prosperous.

Everything starts with a clear vision. Poverty can be whipped with clear vision for wealth building. Focus on creating prosperity and abundance. Through affirming the “I Am” affirmations of your vision will start to emerge. It will be a fresh, new vision of you.

Make This Affirmation NOW: I am successful. Everything I do turns to success. I am filled with success. Success comes effortlessly toward me. My success is contagious. Others like it, seek it, and respect it. I expect only the best to happen to me, and it does. I am financially independent and free. I am successful. I am somebody! I AM!

The best is yet to come, Bernard

'I AM' 1,000 PARTNER!

I want to invite to be a success covenant partner. The people who want uncommon results do uncommon things. I invite you to sow a seed of $1,000.00 now to release the anointing of 1,000 times more for prosperity in your finances for 2020! -Bernard

BECOME 1 of 1000!

How could one man chase a thousand, or two put ten thousand to flight, unless their Rock had sold them, unless the Lord had given them up? Deuteronomy 32:30 (NIV)

​ACTIVATE YOUR COVENANT AND BECOME 1 of 1000. Just click on my image below and follow through now!

I AM Affirmations To Create Wealth


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