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How African-Americans Can Acquire Wealth?

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Presentation on theme: "How African-Americans Can Acquire Wealth?"— Presentation transcript:

1 How African-Americans Can Acquire Wealth?
By: Dr. Ralph Steele

2 What is wealth? The word wealth is derived from the old English weal, meaning  well being, according to Kevin James Wood. A standard definition of wealth is its the abundance of valuable resources or material possessions or spiritual blessings. A person, a community, region or country that has an abundance of valuable possessions or is generally regarded as having wealth.

3 What does it mean to be wealthy?

4 Being wealthy under this definition implies that one has an abundance of personal property, including homes or cars, savings, and the capital wealth of income producing assets, such as property, shares, bonds, and businesses.

5 Our society tends to give more standing to wealthy people and the amount of wealth they have determines where in the social strata they are classed. Monetary wealth is also a very important  gauge in determining an individual's degree of financial freedom. Generally the more monetary assets one has the less likely the individuals standard of living will be affected by a financial set back like the loss of a job or having to make repairs on your house or to move in a different neighborhood or some type of emergency medical cost.

6 A Holistic Definition of WEALTH

7 This is an all encompassing perspective of wealth and it relates to everything in your life, your total being, not just your money. Real holistic wealth is not just a bank account, its every blessing that YOU have received, in the past, the present and the future eternally.

8 8 Areas of Wealth

9 Spiritual Wealth A conversion, transformation, and an everlasting relationship with God

10 Education/Mental This is learning, the joy of learning, knowing how to learn, and knowing that learning is a life long experience. And that real learning is knowing how to use your brain to be able to THINK and RESOLVE any problem that YOU are challenged with no matter what it is

11 Vocational/Occupational
The primary job and or daily work you choose to make an honest decent living.

12 Financial This is your financial net worth and your degree of financial freedom that you have monetarily.

13 Familial This is the deepest most intimate and the quality relationship with your family

14 Social The quality of relationship that one has with their friends and persons within your diverse community.

15 Physical This is your physical appearance both internal and external health

16 Communications This is what quality of conciliatory language that you use with persons that one shares with on a daily basis. Do you use positive constructive encouraging uplifting words that confirm and love all people no matter who they are.

17 What is the One Common Constant Thing to Wealth?

18 YOU have to want, desire, believe, pray, receive, work, act, share, give, grow, plan, network, market yourself, go get it, work hard, work smart, think wealthy, act wealthy,  and receive YOUR WEALTH without denying yourself or allowing anyone from keeping YOU from YOUR BLESSING!!!

19 Either YOU want to be wealthy or YOU don't!!


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