Today we celebrate the fourth day of Kwanzaa as
Ujamaa. That means cooperative economics.
The headlines are flooded with "fiscal cliff" conversations.
This term is dubbed from a speech Fed Chairman Ben Bernanke delivered before
Congress earlier this year. Simply put the 2% tax break that we all felt in our
pay checks will disappear. The government will cut spending on key programs
that affect the elderly and working poor.
With this in mind, we can make great use of the money we do have access
to. I see many advertisements on
television that suggest we don't get rich off saving money. But it sure does
help to have a few dollars for any unforeseen expenses. I am not the best at
saving myself. What I will do is if I have additional money from my check, I
will put 20 more dollars on a small bill to get a tiny step ahead.
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(Jewel Samad / AFP/Getty Images) |
Another thought is, support black businesses when
we see them. I often get items from other ethnic groups such as beauty supplies
and household cleaning items. However, if I see a black store, I will make my
purchase from them. The main reason their prices are higher is because new
black owned stores don't have “the connects” that the experienced merchants
have. It amazes me how we stand in line for sneakers that are marked up 400
percent, and we know were created with child labor in harsh conditions. Yet, we
complain about giving a black store owner 3 more dollars for a tab. Our priorities
need to be re-evaluated.