If you’re struggling financially you’re not alone..
The reality is that most us are struggling for one reason or another, on one level or another but the beautiful thing is we can all take steps to become financially stronger and wiser.
And it starts with financial literacy…
That’s why I decided to include an essay on balancing spiritual and financial growth in my upcoming book, Meditations Across The King’s River.
My book will be published in November (December at the latest).
Meditations Across The King’s River is a collection of inspirational quotes, but it also includes essays inspired by my spiritual journey and travels throughout Africa and the Caribbean.
I chose to include an essay on finances, because its rarely talked about in our community. There’s this pervasive attitude that if you’re a spiritual person, finances will just fall in place by itself.
Well, here’s a wake up call…
A report by the Institute of Policy Studies says “the median wealth for black Americans will fall to $0 by 2053 if current trends continue.”
The report also says that “Latino-American, who are also experiencing a downward wealth slide will hit $0 about two decades later.”
I don’t mean to alarm you. I’m just trying to get a conversation going.
But you don’t have to take my word for it. You can look up the data yourself. There’s tons of it. Can’t go into all the reasons for these trends right now. Not enough time, but I will in the book.
Here’s the thing, If the wealthy are constantly educating themselves and their children about finances (even though they have more than enough), shouldn’t we be educating ourselves too?
That’s what I’m doing…
I’ll share some of the strategies I’m using in Meditations Across The King’s River, but I encourage you to take steps on your own to equip yourself with financial knowledge. You will need it.
For now, I would like to leave you with a few tips for from my friend Tee Francis, a financial healer in Honolulu.
- Understand wants versus needs.
- Define expenses versus investments.
- Understand internal and external factors that lead to debt.
- Eliminate fears about finance.
Someone needs to break the cycle of financial hardship in your family. I pray that person is you. If not you, then who?
This is all for now. I’ve got to go. We are putting the final touches on Meditations Across The King’s River. It will be available for purchase very soon. Thanks in advance for your support.
James Weeks
Producer, Across The King’s River