The Long History of the Spending Habits of Black People

[@navysteel]

Excessive buying of designer brands only drains more generational wealth.

[@puddincup9879]

No it doesn't. That comment lacks substance and facts.

[@Shay-rx4xu]

Wym wat if we cf

[@t.l.5755]

No, broken homes do though.

[@mikemoza7672]

​@@puddincup9879you lack comment sense didn't even explain your opinion dumbass thats why your broke

[@hsplash8243]

They got dhgate.

[@760mom]

My husband wanted to buy me a LV handbag and I told him "NO". I asked "how am I going to be wearing a LV and be a home renter and drive a Kia?" Yay we are now home owners 😊 late to the game but... Still I don't want an LV.

[@ljmorris6496]

@760mom Wow, he'd married a real one. Most single woman today wants a LV almost for saying "Hi"..

[@jelanivent5643]

Owners don't lie to yourself. Read your deed and pay your taxes and if you have a mortgage you are liable but definitely not the owner. I have land and a house fully paid off and I know I'm not an owner of it due to property taxes. Let's be real to ourselves

[@cowboydelnorte3078]

Never late next milestone is buy a rental property and now you’re 1st time real estate investors. You can do it 💪

[@Dani-qh6ho]

@@760mom I like your line of reasoning. I used to say “I don't want a $2,000 bag if I don't have $2,000 to go in it.” Congratulations on your home!

[@pandaketamine]

People that are overly materialistic disgust me

[@GabreyaB1990]

We as Foundational Black Americans must focus on budgeting and saving.

[@springsnapped5435]

You’re an Israelite from the Bible. Every few years they keep trying to change what we’re identified as and we go with it

[@TradingGzwithG]

And investing

[@GabreyaB1990]

@@TradingGzwithG PRECISELY.

[@ljmorris6496]

@springsnapped5435 No no, We're the long lost Purple people eaters...What this has to do with this situation?. It's funny Whites do all sorts things and funny backgrounds but Blacks have to wait for all the planets to align and a portal to open to Nibiru to start up. Quit that and get working for economic freedom..

[@DMoni2992]

Yes!

[@hatshepsutiv]

Insecurity. Young people you’ll realize in your forties that you don’t need much. And will feel foolish for buying it all.

[@jeevxo]

words of wisdom to wisen the dome!

[@turtleanton6539]

Indeed😮

[@marimarielove]

Absolutely correct

[@ceethebeauty2525]

Exactly how I feel now

[@karlitosway7474]

I’m 26 and I’m already realizing this

[@diegolara4202]

My mom used to work at a bra packing facility in Ventura Ca. She told me the same bras that were being sent to Walmart were sent to Macy's. One time Macy requested a large order and the facility didn't have anymore so they removed the tags from bras that were going to Walmart and replaced them with Macy tags with a higher price tag. This is a fact with electronics, clothing and any other items. Most are made by the same company with different tags and labels that affect the price regardless of quality.

[@mykiea5156]

I found the best Bra’s on Walmarts website

[@alyssarivera2166]

This can be applied to food and medicine. Generic brands are sometimes from the same factory just different labels

[@Destini_Amirah]

@@alyssarivera2166 yes and no with medicine. They’re not made in the same lab, but instead carry the same ingredients. There’s specific rules and regulations associated with each laboratory.

[@hatshepsutiv]

Of course. Most corporations do private labels and branding. Don’t those brand name shoes in Nordstrom Rack look of lower quality?

[@nard-o]

I had a small contract with Domino sugar a while back and I noticed they sold Walmarts great value sugar and a few workers who’ve been there for years told me that Domino sugar and great value sugar goes through the same process, it’s just a brand/ price difference.

[@Philosific]

I grew up seeing my mom buy designer and expensive brands. For me i made it particular focus on investing. Something im always proud to say, ive been a shareholder of LVMH since 17. I’ve never owned a piece of LV, never drank Moet or Hennessy. I collect nice dividend checks over ten years on now. Eat the interest and never the principal.

[@thegreat9481]

@@Philosific Nice but why not just do an index fund? You don’t have to worry about this one company.

[@dellontobin282]

@@thegreat9481yall are both right. Index funds and certain individual investments are good. It’s better than just saving money!!

[@asianstud7]

What do you own and what stocks are giving you dividends right now?

[@ornellam9052]

Young people do not realise, if they start investing and saving early, in their 20s, just a bit every month, they will be millionaires by retirement . Starting saving later in in life - you will not have enough time…. Unfortunately young ppl wants everything NOW, stupid designer bags etc…. Nothing worse to be old and poor

[@dellontobin282]

@ honestly, you’re speaking of my parents. They’re in the mid-60s and still working because they wasted their youth and now I have a family and stuck footing the bill because of their poor choices.

[@Blessed_Daye]

I am all about saving money. I don't care about name brands. That's how you keep your money.

[@vincentcherry5466]

You are WISE!

[@Marilyn-s4d]

You're right! Non name brand clothes last me for years! Why would I want to walk around with someone else's name I don't know on my arm, back, chest and feet!😅

[@dellontobin282]

75% investing, 24% saving. You can’t go wrong with that math!!

[@toosense]

Invest the money, don’t just save it in an account. Savings accounts generate little to no interest.

[@cynthiasolomon6383]

Absolutely.Peace

[@MichaelGilmoreTV]

In 2024, I tried to get a construction/mortgage loan from the bank for $50,000 to build a 500 square feet house: denied🏠💳. I then applied for a car loan and got approved for a $50,000 Mercedes Benz, all with three 700s scores📚. The system is set up to keep Blacks buying but not building and owning💯💰🏢🙏🏿.

[@neeciiw7840]

@@MichaelGilmoreTV yep💯💯

[@MichaelGilmoreTV]

@ 👍🏿

[@mimivibes1172]

Yup

[@Skaniathespartan]

Wow😮

[@GabreyaB1990]

Very true. However, don’t give up on building your 500 square foot house. Just save as much as possible. 🙌🏿💜

[@tadmartin223]

The problem is, we're not taught how to use money until we mess up ourselves and restart, then mess up again and restart for the third time.

[@addmoresauce]

Right.

[@Shay-rx4xu]

😂even if we do we hard headed sometimes

[@lario1030]

💯🗣️

[@skyndgo.]

Fax!

[@shenekkarogers2854]

💯

[@ElenaRamirezRamirez-n7h]

Successful people don't become that way overnight. most people you see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life🙏🙏🙏

[@ZoëDevos-g3r]

you are right .

[@ZoëDevos-g3r]

Most people don't invest due to ignorance.

[@KiveläMatti]

Very engaging right from the beginning These are tough times and frankly I appreciate how you discuss global finances in such a delicate way. Business and investment

[@TeemuSiniranta]

just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@FilippaPoulsen-p2s]

I started investing when I was 37, mostly through sweat equity. I just turned 40 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT! You don't have to get rich quick, you just have to get RICH no matter what..

[@Cahluvca]

Future generations move different and learn from past mistakes! Frugal and invest is ALWAYS the best.

[@CC-pu6qn]

As a black business owner, the black customers have tried to steal from me seeing that it’s lucrative, taking me to court and trying to get my business taken away because they’re jealous of there own. Everyone is predatory towards us.

[@Observe199-l6w]

*their own

[@Yo_Chino]

Yall are pretty predatory to everyone else tho, if we’re being honest.

[@seileach67]

Internalized racism is indeed a thing, unfortunately.

[@Arkansas223]

@@Yo_Chinoyou are literally a rapper, embraced in our culture

[@Arkansas223]

Most of those are black immigrant descendants

[@k.bllard6329]

This was informative & gave me food for thought.

[@Humphrey-k9f]

If you are not in the financial market right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

[@Mitchell-x1v]

Same here, I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you

[@Thomas56844]

YES!!! That's exactly her name (Maria Williams ) so many people have recommended highly about her and am just starting with her from South Savo

[@pjcollins-f1u]

She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@Kristy-o5f]

Please is there any possible means to reach her for a start_up?

[@pjcollins-f1u]

She's always active on whats~appp..

[@authentictalkpodcast]

I love being a minimalist... Don't need to impress those who care nothing about me

[@kaylawaters2691]

Same. People being influenced so much by others blows my mind every time i hear it or see it. Smh.

[@enzigenes]

One thing about me as a Black man, I don't care what other people spend their money on. It's not my concern. It's their money, it's their decision. It's not my place to worry about who's driving what kind of car living in an apt, or who's wearing designer this or that while living with their mom. I don't care. Life is too short for me to sit around worrying about that stuff. As long as it's not my hard-earned money, I don't feel any type of way about what other people spend their money on. One thing about life is that life is a lesson. You live and you will most definitely learn from your mistakes. Especially when it comes to finances. How you get your money and spend your money is none of my business. Peace.

[@killakam9006]

😂exactly lol seem like mf more concern with our money jus lets you know the power of the black dollar

[@kellybrandon1179]

Correct

[@choo1030]

If you truly didn't care, you wouldn't even be commenting. But I hear you

[@navysteel]

That’s an individualistic mentality. Others action or lack of action do have an impact on our lives. Growing a culture is a unified collective effort.

[@KDubbahU]

You don’t care…but wrote a📄…😹

[@caligirl10]

This video was suggested to me today. I was going to a buy a luxury designer purse that I have wanted for a looong time. I just finished finals for my very last semester so I wanted to buy myself something nice for getting my degree. I haven’t been able to push that confirm purchase button so I said I’ll sleep on it and see how I feel in the morning. This was the first video recommended when I opened KZbin this morning. 😬

[@taraking8555]

Buy it!! Life is about living!! As long as you aren't robbing Peter to pay Paul nothing wrong with it, you deserve it. Its a gift to yourself for all your hard work!! Congratulations on your degree and remember at the end of the day it's just money when you die you cant take it with you.❤

[@ohhaiJess96]

Take that money and invest it into your future. Instead of paying a company

[@ohhaiJess96]

@@taraking8555broke mentality

[@ProPlan23]

Congrats on your degree!

[@couldubeloved1]

Unless you’re graduating debt free slap that payment onto those loans!

[@christianboyd2124]

I've consistently received poor service at this Hispanic restaurant located in Humble off 1960-FM. I've come to the conclusion that I'm simply spending my money to enrich someone who doesn't value me.

[@sn95_capo32]

Go to mi rancho off of beltway and Wilson They’ll take care of you

[@cr3938]

Stop going. Simple.

[@sohnhazel2409]

at least u woke up..." stay woke, no careless dreaming".4r

[@veraruffin3950]

That would happen to me once and I don’t go back. They could be spitting in your food

[@bxrokk]

This is why small black business ownership needs to become a priority for us. We only patronize these foreign owned stores because they're convenient and sell essentials. We can definitely build our own and enrich each other instead of them. The business models for these businesses aren't complex at all.

[@StandingUpForBetter]

I'm Black and I work hard for my money. I own and home and I am proud of owning my Honda and Toyota. I look for quality, but I don't care about name brands especially if those name brands don't actually line up with my values. The key statement that came out of this video for me is "generational wealth". I hope more folks, especially Black folks, focus on generational wealth to help ensure a better future for their children and their children's children.

[@mikeymarriott]

My ancestors must have forgotten to pass that memo down to me. I’m 52 and I’ve never owned anything brand name and don’t feel any pressure to do so.

[@drehardin]

😂They use that ridiculous excuse to cover everything. "...we'll see back in Africa we used to xyz" 🤷🏾‍♂️ How many times have you been to Africa? 🙍🏾‍♀️ Never, but my point is...

[@wildboy700]

ATP! We're here today and We're gone tomorrow. I could care less about a Dior when my bank account still says that I'm Peor.

[@kobiecamp1134]

One thing they didn't speak on is how Blacks were independent(owning & making their own goods) during the times when White businesses discriminated against Black buyers. But once they(White businesses) stopped discriminating against Black buyers the Blacks lost their independence.

[@bradjoseph1982]

How we the most free we've ever been and you over here talkin about losin independence lmao the slave mentality is strong within the community fr

[@Gerry-il1wn]

I AGREE COMPLETELY

[@jermainelatimer804]

You're exactly right ✅️

[@manovrsb]

Black buyers have always been shopping at White businesses because the material used were of higher and stable quality. Resold purposes were high. Shopping at black owned businesses back then gave you lower grade items for higher prices.

[@Gradybaby1980]

You forgot once they also destroyed and burned down a lot blacks communities and businesses as well. It’s like they scared our people into believing that being able to be where they are and wear what they wear is everything and it still like that today. Like it’s 2024 going into 2025 and we still striving to be the first black to this and that when it’s come to their expectations not realizing that we are already doing everything and we don’t need to be considered the first of nothing when we can do it all in our own community amongst our own people and receive the same accolades and rewards

[@couldubeloved1]

Everything I’ve learned about saving and investing has been through reading books! Invest in a free library card and loan out these books. We can no longer make excuses.

[@43cassy]

Knowledge is power!✨

[@charliehustle817]

Love it 📖

[@jaklinhyde]

I always found it idiotic when I saw ppl having these nice luxury type cars parked outside their shotgun houses 😂😂 like it just didn’t seem like their priorities were right… I mean the house be damn near falling down but that car be nice!!! 🤦🏾‍♂️

[@ShrandaM]

Please do not mock people instead educate them with love and written data. Also Black people have been deprived and the underdog for many years which has a huge affect on some Black People. However mocking is not the solution. Be kind, understanding, and teach with love.

[@jaklinhyde]

@ sorry you took it as mockery but I was pointing out a fact and a huge problem in our community. As a blk American I’m fully aware of our history but it’s the 21st century now and we should know better by now, we talking about grown adults we are not helpless babies that the white man has to take care of… too many of our ppl chose fake imagery over actually being responsible adults and this cycle needs to end!!

[@Just_My_Reviews]

I see this in every run-down neighborhood. Keep in mind their grandparents' home. Three generations have lived in that uncondemned home, and no money has been spent on up keeping.

[@neeciiw7840]

Not the shotgun houses😫🤣

[@Blackhonda]

@@jaklinhyde You mocked them with your laughing emoticons in you statement.

[@VonBluesman]

Years ago I worked for the number one chemical company in America. We had a lot of different businesses as customers and a clothing manufacturer was one of them. They used as many as up to 8 different name brands tags on the same shirts, shocking 😱

[@LKonandupward]

Say what.....wish you could/would tell...

[@Just_My_Reviews]

Most of those clothes come from the same manufacturers. China.

[@VonBluesman]

@@LKonandupward The clothes were made in my state in the U.S.A. There were a lot of clothes manufacturers in the United States before the government came up with NAFTA. Millions of jobs were lost to overseas companies that provide cheaper labor.

[@diegolara4202]

My mom used to work at a bra packing facility in Ventura Ca. She told me the same bras that were being sent to Walmart were sent to Macy's. Some time Macy requested a large order and the facility didn't have anymore so they removed the tags from bras that were going to Walmart and replaced them with Macy tags with a higher price tag. This is a fact with electronics, clothing and any other items. Most are made by the same company with different tags and labels that affect the price regardless of quality.

[@LKonandupward]

@@diegolara4202 thank you. guess, i'm not their target market. i'll tell ladies to buy bras at the lower price. i still wonder which labels are the same.....

[@Marriedintheislands]

3:15 💯 I’ve noticed this and that I’ve done it. Black people have a lot of spending power but it’s used for superficial things. Wish more would stop buying new Jordan’s for their kids and spend the money on extra classes and tutoring for math and science. I wish I had started shopping smarter in my 20s and just saved. I don’t have any of the stuff I spent money on 🤷🏽‍♀️

[@gotyoutriggered.8644]

Spend extra money on things like math and science that are mostly useless in the real world. How about spending the money learning investments and business.

[@kaylawaters2691]

Another idea, buy kids teaching/educational items like books, art supplies, musical instruments, puzzles, etc instead of Jordans. Jordans won't teach them a thing but books, puzzles, art supplies, journals, and musical instruments will.

[@Toronto6]

@@gotyoutriggered.8644how is math and science useless in the real world? The phone you use and the internet are the products of mathematics and science.

[@TheRealTommyR]

I went through a phase in high school where I bought expensive name brand clothes and realized that it didn’t make me happy. After high school, I bought cheap clothes that looked nice and got tons of compliments on it. At the end of the day no one really cares as long as you look appropriate for the situation. I buy quality if it makes a worthwhile difference at a reasonable price, otherwise, I simply don’t care and will buy the cheapest thing that will solve the problem. I could never be with a materialistic person.

[@StandingUpForBetter]

Well said.

[@lamarunderwood5055]

Been saying this for years now. I rarely, rarely buy anything high end. I've been hip to these people not liking us but want our money. I will be damned if I spend money on names but not quality. I get compliments daily on things I wear and no one knows who makes it. The man always make the clothes, never the clothes make me.👀👀👀🤷🏾‍♂️😬

[@Understandme44]

I used to spend a lot of money on designer in my 20s. Now that I’m 35 I wear simple clothes. No flash. Grey black and white. And most of my clothes come from old navy. 😅

[@Sebastianx007]

I shop mainly at Goodwill for nice looking old school stylish clothes that they don't even make anymore ! I get really good compliments and no one would ever guess i spent less than 20 bucks an outfit! P.s. ive never followed the crowd or "Name Brands"

[@okaycola2]

Yepperoni

[@toosense]

I wear cashmere all winter, all bought at Goodwill. ❤

[@katrinbarbey]

There was a girl in college who had multiple credit cards. She would max each one out in a few days then never pay the bill. She had only designer clothes and the best of everything even though she was given a free education from the state, housing, meals, books, and a stipend.

[@mari0c0leman]

You can sell ninjas anything with logos all over it.

[@Just_My_Reviews]

☝🏼

[@Dani-qh6ho]

This right here!

[@navysteel]

Or superhero’s

[@Observe199-l6w]

Why do some of you people use that word which degrades you? It encourages other to do the same. I don't understand it. It is dumb. It doesn't make sense.

[@ninawestlake5005]

​@@Observe199-l6wThank you!

[@RenzoTx]

Ask yourself. How often do you see upper middle-class and rich people wearing “Luxury” label clothes? They wear Kirkland, aka Costco brand. Blacks and Hispanics keep “luxury” fashion labels in business. We need to stop that now. Quit trying to impress people and save your money! Btw, Kirkland brand is high quality and quite affordable. I love it. 👍😂 Edit: There’s a difference between high quality designer products and “luxury” brands, tacky usually low quality products.

[@Just_My_Reviews]

Yeah, I service rich people and have yet seen a rich person wear expensive clothes, heck even their vehicles are basic.

[@neeciiw7840]

💯💯

[@RealOneAlways247]

They wear luxury brands ALL the time yo broke ahh and blacks like you always say that to feel better about something YOU can’t do.

[@RenzoTx]

@ Not broke. Not black

[@MrTwonetwone]

@@RenzoTxcome to California, I build brand new homes 🏠 and the buyers are dressed from head to toe in designer

[@stonyrock56]

There is a book titled "Brainwashed" that talks about this issue.

[@caligirl10]

Who is the Author?

[@couldubeloved1]

@@caligirl10Tom Burrell

[@caligirl10]

@@couldubeloved1 thank you

[@MauriceRivers415]

If you're Black and love quality clothing/accessories, the trick is to buy SECONDHAND/CONSIGNMENT and shop at Goodwill/Salvation Army. They're becoming more marked-up and expensive these days (especially Goodwill Boutique), but I have saved so much money in my 20's and 30's by shopping for used goods. The online version would be eBay and TheRealReal: let the rich/wealthy pay full price for you.

[@Servantofjesusforever]

Well said!

[@mikebrown9521]

We also need to learn how to invest in the products we buy. If we are going to buy the products we need to invest in them.

[@LinuxHurts]

READ: The Millionaire Next Door and The Millionaire Mind. Here's a summary of the book: Seven common denominators among those who successfully built wealth: 1) They live well below their means. 2) They allocate their time, energy, and money efficiently, in ways conducive to building wealth. 3) They believe that financial independence is more important than displaying high social status. 4) Their parents did not provide economic outpatient care. 5) Their adult children are economically self-sufficient. 6) They are proficient in targeting market opportunities. 7) They chose the right occupation.

[@craigbilbrew8984]

This is true. My friend worked in a factory in Mexico. He said that they put different tags on the same jeans. depending on the buyers order. I thought he was lying until I was the stockroom supervisor at the Gap and I opened a shipment of jeans that had both Gap and JCPenny tags. $60 price point difference!!!

[@lt5071]

I feel it’s insecurity. But I feel it’s a false and misleading. Music videos…The valet… The kardashians… not everybody is an executive or singer dancer athlete… It’s all bullsh1t. You want respect. Get a good education. A good job. Honest clean money. When people do what you say. That’s power. Ok bye.👋🏼

[@kellymurray8376]

Some people are more satisfied looking rich than actually being rich. Plus for a long time the culture for black people in the USA was horrible. Some guys were influenced by rappers and some women were influenced by "The Real Housewives of Atlanta".

[@agray7474]

Best comment so far…🙌🏽 I will NEVER understand the whole looking rather than being 🤷🏽‍♀️

[@kellymurray8376]

@@agray7474 I know what you mean.

[@turtleanton6539]

Indeed😮😅😅

[@ceasarsalad2055]

True lmao

[@glam2gobeauty811]

A cwry important conversation that needs to be had on a larger scale. But i think the issue that's overlooked is "integration" was detrimental to Black people. Once we were allowed in those once "forbidden" places we stopped circulating our money in our communities. We thought we were missing out. But within our own neighborhoods we had amazing craftsman , seamstress, dress makers, builders , grocers and the list can go on and on. Our neighborhoods turned into abandoned ghettos and here we are! Sad.

[@MamaHarperr]

You are so right, and it's sad. We haven't been as unified since then. It was the beginning of a cultural demise imo

[@StromLxrd6]

Damn you may have a strong point. Wanted to integrate so damn bad and we wasn't missing nothing.

[@SheIsFearfullyWonderfullyMade]

I am always saying this!!! I wish we were still segregated… Tusla wasn’t the only successful black community as many think. We had successful enclaves all over the US The issue is uneducated poor blacks were doing better than uneducated poor whites, that’s when it became an issue and they decided to “let us” into their society smh

[@Ajdapimp13]

Big Facts 💯

[@lioness138w6]

I completely agree! We gave up our independence, did not demand equity, tangible results from our tax dollars, etc we were content to throw our children to the wolves, lose our collective minds, shutter countless black owned businesses all for a chance to be spat on by them "folks". What did we really gain?

[@zuozhen4758]

Discipline, consistency and patience!

[@jayj8135]

There’s an old book about selling to black Americans. They studied us and how to sell products to us

[@Utubedeletescomments]

Smart people study

[@truebeauty1106]

Do you remember the name of the book? I’d like to read it

[@Monroestevens306]

They study everyone. 😅

[@beemonique8466]

​@@truebeauty1106 It's titled brainwashed.

[@jayj8135]

@ the art of selling to the negro or selling to the negro. something along those lines

[@naydeepolanco1603]

Yup. This is how I became wealthy and moved out of the hood meanwhile many of my peers are still broke. The difference between us? I was stashing all my money and wore affordable clothes. Meanwhile they spent every paycheck on the latest designer clothes, sneakers and popping bottles in the club and now have nothing to show for it.

[@betopanacubano]

When my family and me came to this country when I was young. All I knew being in Brooklyn and spending summers in Miami was to look good and be successful it was based on what you wore and drove. In my teens saw many of us Latinos and Blacks in Brooklyn always flashing around with our name brand things. Especially on my Cuban (mom)side but also was told make sure you buy a home and having nice things make you important. My dad side(Panamanian) always felt what you wore and drove doesn't define you. When I went into the military (Army) and moved in Army Spec Ops I was taught about different type of investment for long-term returns and for my future family and I was in my early 20's. When I brought that information back to friends in Brooklyn some reject that knowledge. I retired from the military but now working as a federal gov. employee and I am in my early 40's and thankful that I understood that having luxurious things doesn't define you because. This world is designed to keep people in debt based on pushing the idea that what you buy make you someone of importance to others.

[@kimberlyowens5496]

Glad you matured and lived your best life of what this country offers.

[@betopanacubano]

@@kimberlyowens5496 I won't say a better life because struggles comes in everything. I just escaped the system of thinking to be someone is based on things. In our community meaning as Latinos and Blacks we must look beyond what society try to push into our community and heads. I trust in God and understand that we must help one another. Society for one like to put us against each other while they get rich off us. I am tired of us wasting our resources on the things that will not benefit us beyond the shiny stuff

[@kimberlyowens5496]

@betopanacubano 💯 agree.

[@aprilashley17]

Add rappers to the mix naming all those expensive brands in their songs

[@LosAngelesJedi]

Its not just a black thing. Lots of people have problems with money or materialism. And if it isn't materialism it could be gambling or prostitution.

[@tw4943]

Well the Blk Community has a serious problem with prostitution as well. Especially with the way those women speak these days. It's definitely giving Ho3 vibes

[@anyahoskins1216]

I pray that every black person hear and learn from this video. I hope they pass it on to the children for generations to come. Thank you

[@silvercat6425]

I spend my money on buying stocks and shares , and making sure my apartment is comfortable to my needs.....

[@jordanreid3511]

Wow shocker. Stripped a people of their dignity and identity and then surprised they want to buy things to fill the void.

[@butterscotch2086]

The high end brands are selling fast fashion too now (not just in the outlets). It’s insane how much of high end fashion is made of polyester. Label doesn’t mean quality.

[@nyk3334]

Victimhood strong in the guy wearing brown.

[@StromLxrd6]

caring too much about others think

[@jacquelineperry8515]

They want you to buy there products,don’t want you to own and invest in your own products.

[@diegolara4202]

Nothing stops a black person from investing. When I opened my investing account I didn't see a check box asking me for my ethnicity. Stop blaming everyone else but yourself.

[@greentruth89]

I would live to shop with black people, but black people and especially black women, have to get their attitude together when it comes to interacting with customers. A great and positive attitude will make for a memorable experience, which means i will always bring my money back to you

[@eclipz4129]

I’m very proud to say as a black male I do not follow this trend, I can care less about name brand clothing no Jordans, Nike, etc to me all that stuff is overhyped, overpriced, and some of those Jordan’s are ugly. I save thousands of dollars a year because I only shop for clothes twice a year and when I do I always buy the off brand stuff, if it is name brand it’s cheap like adidas, vans, polo, etc. What people don’t understand is you don’t need to spend a fortune to look “nice” I get compliments day by day from people “Wow love your outfit!” Yet the entire outfit was well under $100 people can’t even tell the difference so what the girl said is right you’re paying for the label/logo/brand whatever you want to call it.

[@Alphahydro]

When I was younger, I focused more on tricking out my vehicles and maintaining fancy clothes. Nowadays I drive a luxury car, but my investment account is my focus, and its value can pay for that car many times over.

[@equilibrium1950]

This supports how the hip hop industry further pushes this trend to get young adults to buy extremely expensive designer brands and have no savings or investments.

[@JustBree716]

Im only 45 so let me start by saying that growing up in the 80s, the corner stores were run by Arabs mostly named Sam😅 and they were cool hard working people who would have their children at the cash register ringing us up at 8-10 years old. Now that im older, i often wonder what kind of agreement did the US have with these other countries to allow middle easterns to come in to the country in specifically blk neighborhoods. And i wonder where was the cbc, naacp, al Sharpton and jesse Jackson during these times. Where were they? And where were blk foke over the years as the Chinese came in and did the same thing, ironically in blk neighborhoods. Ask yourself why would a blk person regardless of political party advocate for "other" to come to their home on account in spite of proclaiming to have BUILT this home but because the yt man stole it, you can't tell "other" to stay out. Hopefully you get where im going with this. If my comment can be summed up it would be THIS, Blk pepo were sold to the highest bidder a long time ago and watched it happen but because a certain party can get a certain group of people to be in their feelings and be distracted by the carrot "they" replaced you. Being bad with money is actually the least of your worries. As I drive through the inner city from the suburbs i see "other" running the gas station to the mini grocery, to the corner store, liquor store etc. And "they've" been buying up entire neighborhoods. And here we are taking about Debbie Allen not being recognized in a department store 😅

[@JustBree716]

@TravelAfricaTours agreed. I'm not an entrepreneur but if I were.... Point is well received. My sister lives in Perry Hall. Black obgyn. Love excellence on any level.

[@JustBree716]

@TravelAfricaTours it already happened. That's the point. But it's your right to move forward. Ain't nobody mad but the devil. Happy holidays ❤️

[@ms.v3307]

And it wasn’t Debbie Allen it was Oprah!😅

[@barringtonmorris90]

Quality over quantity.

[@alexskatit4188]

I could never understand the "brand name" attraction. If it is the quality I need and it looks good on me, why pay for someone's name.

[@christopherfunnyboybrown3271]

We don't know how to spend our money cause we're not taught to. Nobody tells us to buy land, how to invest. We just want what looks expensive to others

[@DishawnBrown-w9k]

So true, I will like to learn to invest but you can find someone to teach me.

[@luddman77]

As a black man I do want to buy good quality items I don’t see anything wrong with that. Speaking in regards to the sociology of black men purchasing habits, however I have to budget what I’ll buy.

[@cowboyy323]

💯

[@andrekillian8732]

Classic looks are also in the goodwill/ thrift store as well. I've found nice things for next to nothing in cost, and gotten plenty of compliments on those items.

[@ianshaan]

It’s scarcity as well. People get some money and feel like they may not ever have it like this again, so they spend it.

[@sixsensefoundation]

Imagine if GUCCI MANE's name was SEARS MANE.

[@allinonethegreat]

lol same music but different sales unfortunately and it’s a damn shame he’s promoting the brands and not getting a dime for it

[@nhlba3301]

😆😆😆neegas wouldn't buy his music at all 😅

[@truebeauty1106]

😂😂😂😂

[@jasontutorials4809]

😂😂😂

[@ronniescales188]

Real Talk... You should make the label, instead of the label making you. Spending a lot of money on liabilities, instead of assets will keep you broke.A lot of this stems from an image problem...

[@aabrilamor]

Thank you so much for doing this segment because this is a very relevant topic & a question for quite some time especially among us as a people

[@SheIsFearfullyWonderfullyMade]

Honestly this is a conversation that NEEDS to happen…. And it’s not just the younger generation. I grew up in the COGIC denomination and those ladies paid THOUSANDS for one blinged out “unique” hat smh In 2021, I was led by the Holy Spirit to dress modestly. Quality, well made but not logos or flashy with no adornments.

[@kaylawaters2691]

I wasn't raised COGIC but Baptist. Sadly some black people spend more money on attire to wear once out of the month than i brought home in pay that week or month. Not to mention the ones that bought new attire(hats, suits, shoes, purses, ties, jackets, scarves, hair in a new do, nails done, probably new makeup too) just for holidays and church anniversaries. For what purpose though? I have had the same nice dresses and heels for years. They still look nice and new and nobody will know the difference if i go somewhere with one of my old dresses on.

[@mnthunder]

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.

[@face2lune]

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate and stocks.

[@rougeur]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?

[@mnthunder]

@@rougeur I've always delegated my investment decisions to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@rougeur]

I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@mnthunder]

*Mr Gary Mason Brooks* a highly respected figure in his field. I suggest delving deeper into his credentials, as he possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@azzurextra9944]

Listen real good to this panel from from 1954 to 2024 bro in the middle said he just did this same thing and its 70 years later black race still hasn't changed

[@5339kimH]

I remember Foleys budget basement in downtown Houston was established to keep Blacks off the top floor. Blacks were only allowed to shop in the basement. My mom said it best, your money is welcome but you’re not. With that being said, this is not just a Black problem but an American problem. The national debt in America is only going to get worse.

[@beanniebaby4456]

They need to think better! To create better conditions for ourselves! Just needs to buy black! We have spent more on consumer goods than any other!

[@JustBree716]

It's always the people who don't buy black 100% of the time who say these things. do you buy everything blk

[@princessgumbo]

Not all black is good.

[@RainThunderAndSleep]

Once we realize the media, government etc have studied our insecurities and are still exploiting them today we then take power back

[@theberryschannel9196]

SheIn, Temu baby

[@Happy_life0000]

That’s stuff is garbage

[@Cyfgvftu-j9t]

They have lethal chemicals in their clothes. 😮

[@theberryschannel9196]

@Happy_life0000 no it ain't, I be looking fly, you the fool

[@theberryschannel9196]

@Happy_life0000 who told you that Lie

[@naturalbeauty4734]

​@@Happy_life0000TEMU!!! 👏🤣😂

[@TolaTheExplorer]

Why is there a news ad mainly targeting blacks

[@edblair1]

Even to this day all 4 of the people on the panel are dressed to be seen. They need to dress in flashy garb to feel important. Anyone notice this? Yous should break the cycle

[@davidtunstall3191]

This is so true. look at low income people paying 1200 for a pair of sneakers !

[@josephthigpen1563]

Sad thing is nobody in today's America is gonna care.

[@AJones-oq6xc]

That's why rap video content is the way it is. You dont see other genres like country, with equally if not more wealthy artists, being flashy. The owners and investors of the labels producing rap video content, are largely not black people.

[@solarcognac7112]

There’s a black man in my neighborhood who drives a Bentley GT Coupe living in a ranch home in a small rural town. Like dude you have to drive 300 miles plus to get it serviced.

[@bigman72222]

He's not worried about service. He can afford it.

[@bygsmilez455]

lol that’s actually my ideal life. Out the way and enjoying MY hard earned peace of mind & whatver car “I” want. 😂 cars don’t need service EVERYDAY buddy be aittte 😂

[@Shay-rx4xu]

Good 4 him

[@LolaSemone]

So what? Why do you care?

[@ljmorris6496]

@solarcognac7112 So?, sounds like he'd made it, you'd have a point if he'd own that same car with a $2k lease in an hood apartment..

[@queenmi274]

Once we learn our value and worth as a black person and the power that yields, we will began to measure everything else to that standard, what we believe about ourselves. I am the “brand” crafted by the All Mighty, Divine. That’s my value, need I say more? I remember when I first saw a black person with a “LV” logo tatted on their flesh, then I saw another with “GUCCI”, “CC” etc., mind was rocked. I knew then that we have a problem. When it comes to brand names. Let’s keep things in the proper perspective. I don’t see anything wrong with luxury name brands & ppl spend their money on what they see fit. I only wish that we learn more about our value, our power and superpowers, because once we do, we’ll flip this whole thing on its head.

[@MichaelXHollywood]

[Intro Pimp C and Rick Ross} " A little over a year ago I was in bondage, and now I'm back out here reaping the blessings and the benefits that go along with it, everything that's out here for KINGS/QUEENS like us.. The reason why we like the jewlery and the diamonds and clothes, is because we really from Africa/Old Americas. "And that's where all these things derived from" And we originated from Kings. So don't look down on black people because they want to have nice things. It's in our genes We just don't know our history. 101% Facts.

[@silverbushman]

Its every one now stay strong 🎉

[@Jerbearz06]

Spending money you don't have to buy things you don't need to impress people you don't know... Never will understand spending so much money on designer brands knowing you are broke and can't make rent or riding on E. Bird man and Mannie fresh but I'm still so fly

[@chrissharkey9644]

I think everyone needs to take responsibility for their own choices

[@Alphalogica]

She military? Serving in all branches? That's whats up!

[@JustK009]

NEVER FORGET Stop putting money in the hands of people who DON’T GIVE A “EFF” ABOUT YOU

[@beanniebaby4456]

They need to think better! To create better conditions for ourselves!

[@ZoomZoom-ng6sn]

The lady's right, people don't know what the hell they're buying these days. ------ Polyester should not be expensive, Full grain leather is the best leather, Made in America doesn't always mean better quality.

[@Queen_Amenarina]

While watching a A Black, Female KZbinr years ago, I was surprised to learn some Black People work so hard just to buy Prada, Gucci, Dolce & Gabbana, Dior & all of these other foreign often 🌈 folks products. My husband and I worked hard enough & long enough to be Landlords, We own 7 houses. I was a 4th grade teacher for 25 years already & my husband is still a Professor. It's ok to buy some name brands but don't go broke doing that. My fanciest clothes are made by Black Master Seamstresses. ❤ 🖤 💚

[@lookingfordrama01]

I HAVE 7 SUITS MANY TIES, SHIRTS,PANTS, AND YES JEANS BUY TRUE QUALITY. YOU CAN LOOK GOOD AND NOT PAY MUCH.

[@liveinviolet2908]

Sooo Good… this discussion 👩🏽‍🍳🤌🏽

[@thomast.9191]

As a third-generation Asian immigrant in the West, my family has never owned luxury brands or taken extravagant trips. When we travel, we visit family members and stay with them, using them as guides. Today, my children can afford luxury brands and trips, thanks to the hard work of previous generations.

[@bigman72222]

This country owes Black People Reparations. Period

[@MamaHarperr]

And that's the long and short of it!! 💯

[@Obinn77]

Will you spend it all and give it back to them?

[@MamaHarperr]

@@Obinn77 not your business or anyone else's to count Black folks money.

[@Obinn77]

@@MamaHarperr Mother F'er I'm black. I'm just asking your dumb a s s can you manage the money or give it right back by spending it all on useless things if the unlikely hood that the US give the descendants of slaves their reparation

[@truehistory261]

​@Obinn77 what about the ppl thats not going to give it back and create business with it

[@AwakeOSleeper25]

This is what put things in perspective for me: I’ve always wanted a Louis Vuitton bag. I’ve had the money to treat myself to one many times but I’ve never been able to take the plunge on a mental level. This year, my husband told me he’d buy me my dream bag, a bag I’ve been eyeing for YEARS. I then looked up how much it costs them to manufacture the bag and found out that while it would cost me $1800 plus tax to purchase the bag, it costs Louis Vuitton $150-$180 to manufacture it. I said “OH HECK NO!” It’s not just Louis, it’s all of the designers. Jordan profit margin per pair is ridiculous as well. You’re paying for the name, do you wanna pay for some strangers name who would treat you like a diseased rodent if you walked up to speak to them? I don’t. I settled on a very lovely Michael Kors bag I got on sale for less than $80 and bought a new MacBook(also on sale) for less than I would’ve spent on that one stupid high end bag, . It’s still beautiful, still timeless, still great quality. To heck with those labels. Imagine being so shallow that you tie someone’s worth to their ability to make frivolous purchases. Keep them lifted up in prayer.

[@supermodelatlanta1354]

🎉 PLEASE LIST WHERE I CAN FIND THE ORIGINAL Audio IN IT'S ENTIRETY

[@alwayslearningE]

It's called "How to sell to the Negro": kzbin.info/www/bejne/bWmlqKerftaIbJosi=7iqiyiO5bQELJC3W

[@behaviorwellnesssolutions]

I am single parent sent 3 children to college! One graduated from an Ivy league. I purchase my own car. 🏠 owner I pack my lunch - cook at home Do my own hair - Thrift store Never own a designer handbag Buy quality food Get massage Exercise- Goal - no spending 2025

[@DuttyBoukmansToe]

Dude in the middle is an OG

[@franklinbrandon5283]

Respectfully he is not

[@kobiecamp1134]

LMAO

[@tw4943]

He's not. And that's not something to be glorified. Y'all are so lost slow and tragic

[@Marrk117]

He’s a fool 😂

[@Not_Too_Woke_To_Be_Anti_Woke]

How did they get the name "BLACK"? IS black Bad and white Good? Is black a corporate brand? What product or service is BLACK selling? If you got answers reply.

[@meditative82]

Them new Jordans dropped now most or my younger co workers are buying them $240 man and imagine the hundreds of thousands buying them all in the same Day.... looking like each other over some shoes