http://www.blackfamilyfinances.com/

Black Family Finances, Atlanta, GA (2026)

09/21/2023

When you attend the Plutus Impact Summit, you can expect to walk away with a ton of insights into growing your community and business!

Here's what Latoya Palmer-Addy from had to say about her experience last year!

"The Plutus Impact Summit had diverse speakers from various walks of life who were inspirational. But not only were they uplifting, speakers and attendees shared a great balance between high level, strategical financial approaches, along with simple examples that can be applied to my own financial journey."

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We appreciate you, Latoya!

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We're excited to see you all at the Plutus Impact Summit today and Plutus Awards tomorrow!

Haven't registered yet? Visit www.plutusimpact.com so you join the party!

09/02/2022

Your ability to appreciate yourself, people, and the life your creating is an essential life skill that gets better with practice.

Combining gratitude journaling with action helps increase positive emotions research shows. Think of it as a multi sensory approach to help it stick.

For 25 days out of September (ya know for when life happens) I challenge you to practice gratitude in a variety of ways. (See photo)

You don’t need to do them in any particular order after the first square. The goal is to complete 25 of the squares.

Are you in, comment GRATITUDE.

08/24/2022

will layout his plan for today at 2:15pm EST.

The photo shares the basics of his plan. If you have student loan debt, we encourage you to listen to his address.

How does hearing student loan forgiveness is happening make you feel?

07/05/2022

Watch this!

Let’s reflect on our break from IG that lasted for roughly 3 months — during this time we bought our first home and moved as a family of 5. The move was done in phases since my hubby had to work almost the entire time so yea it was overwhelming to say the least. Only 2 months instead of settling into our house and making it a home, we were hit with MAJOR plumbing issues.

Over the past 9️⃣0️⃣days our budget has been all over the map. We expected changes to our budget with increase in rent, utilizes, and some life happens scenarios but what we found was that our home warranty isn’t worth the font it’s type up on. We’ve filed multiple service calls resulting in us paying our deductible of $100 each time. Now that we hadn’t initially budgeted for.

So I debated shutting down our Instagram because our debt seem to balloon. 🤦🏾‍♀️

We’d gotten down to $9k on one credit card — the work we put in to crush our debt seemed to fade into a mountain of defeat, shame and guilt. But if we tell y’all keep going…we NEED to practice what we preach!

But after spending the past month reflecting, reviewing our budget and revisiting our financial plan, we decided why leave…why not come back stronger and walk through this debt journey with all the things we’ve learned since we initially started.

This community has helped us with encouragement, tools, and support.

While this debt journey may be the same in number it is different. This new debt is roughly 90% from our home plumbing issues and about 10% of expenses of holding our mental sanity together 😂 but in all seriousness it’s true.

So we’re here and ready to get rid of this debt - this time our timeline is more flexible as we REALLY need to focus on living life. This includes creating experiences (within our means) with our family as our oldest son will be off to college in 4 years. Once we have a date that feels comfortable to us, I’ll share.

We will be credit card debt free…we declare it so it shall be…we believe that!

06/28/2022

How Uncle Sam can get more of what you leave behind?

Sadly it’s when you do not have the proper things (ex: will or an estate plan) in place to minimize tax liability aka tax avoidance or tax planning.

Chadwick Boseman the Black Panther did not have a will upon his passing in 2020. 2 years after his death, his estate has been settled.

Let’s learn from this and put processes in place to safeguard what’s behind for our families.

pointed out 3 important takeaways lessons from this situation:

1. Fella's - At latest we should begin screening for colorectal cancer soon after hitting the age of 45, followed by regular intervals of screening thereafter.

2. All - Get a Trust in place if you plan on leaving things of value behind ranging from but not limited to: property, cash, investment accounts, life insurance payouts etc. $900k from his $3.8M estate went to probate costs and could have been saved if a Trust was in place

3. All - Get you a real partner that you have alignment on all things with....including finances. From what I understand his widow split the remaining $2.3M estate with his parents evenly with no nonsense (at least none publicly). Many will say "as a spouse she should have received it all" and in return I'll say focus on getting your -$36k net worth into the black and stay out their business.

Hope this helps someone! 🐈‍⬛ 👑

06/24/2022

Congratulations on being Debt Free ! 🥳

Keep reading to see how it was accomplished.

He shares…IT. IS. FINISHED.

No more working 64-72 hour work weeks.

Completing my final shift and we will have enough to retire our student loan debt. Planning to make my final student loan payment in the next couple of weeks. Unless, Biden beats us to it. About 22 months ago, my wife and I made a bold and challenging decision. We desired to become totally debt-free.

In September 2020, we had our first finance meeting, one month into our marriage, and calculated our total amount of debt. To our surprise, we were $143,676.43 in debt. All student loans. Shorty after overcoming the initial shock, we established a detailed plan. With our income, at this time, we hoped to retire our debt by 2024.

In order to do so, we lessened our expenses, increased our income with various side jobs (Babysitting, Lyft, Candy Store; etc.), used unexpected bonuses, and delayed wants.

However, January 2021, in the midst of a present pandemic, God blessed our finances. Because of this, we saw an opportunity to retire our debt by 2022 instead of 2024.

We sacrificed, worked tirelessly, and prayed endlessly. Now, we’ve changed our lives forever and for the better. Got out of the negative and now in the positive. So thank for our village who have been rooting us on since the beginning. All thanks be unto God for making a way out of no way. To the best financial gurus I know, Mom and Dad, who are true examples of financial freedom and taught me well from a young age.

Ready for my wife and I to enter a new chapter of life. In this new chapter, we hope to find approaches to help others who desire to retire their debt. Also, looking forward to have a normal work schedule, establishing generational wealth, traveling often, more time and memories with wifey, family, and friends, and increased generosity.

06/21/2022

📍You are here 📍

Fam, you’re part of our community aka family. Esha and I are so thankful for each of you.

We take your interest in finances seriously and are encouraged by each like, share, save, and comment. ⁣

Each of you have power to inspire no matter what your financial situation. Our net worth or money mistakes do not define us.

You all have shared so many encouraging words with me these last few weeks and for that I’m grateful.

So share how we’ve connected in the comments. ⬇️
⁣

06/19/2022

“Today on Juneteenth, the day we celebrate the end of slavery, the day we memorialize those who offered us hope for the future and the day when we renew our commitment to the struggle for freedom.” —Angela Davis

I am my ancestors wildest dreams so I will push for change in the spaces I reside.

As we honor the day of freedom make sure you support a . Amplifying their message helps transform communities.

🎨:

06/19/2022

Happy Father's to all dads!

As women we may moan and groan about the things you do but we appreciate your efforts.

If your an Uncle, brother, or other male figure stepping in for a father who is not in the picture or passed on, keep on keeping on. Love on our children, our world needs more loving people.

06/02/2022

Financial literacy month may have come and gone but these are numbers we NEED to know family.

We don’t have to wait until next year to start calculating them either.

Fam, life been life-ing and whooping our behinds!

So, this month we will go back and recalculate these eight important finance numbers because to they matter.

Plus knowing these gives us info on where we need to improve.

Yesterday we said . So today we will help you filter through the many numbers and terms you hear when learning about personal finances.

says, “These numbers can serve as a basic foundation for understanding your financial health.

If you know these numbers, you can track your financial progress, see if you're on track to become financially free, and calculate other numbers (like debt to income ratio or emergency fund goals).

Of course, there are other ways to measure your financial health. I’ve found that these numbers paint a pretty holistic picture of my financial situation. If they are trending up (expenses remaining stable + debt and interest rates are trending down), I know I’m on my way to financial success.”

Infographic by

06/01/2022

Family yup we’ve been MIA…what was meant to be a 2 week hiatus turned into 90 days. So much life happened…but we’re not getting into all this today. 🙃

Know that we’re back. 🙌🏾

This break has taught me to KISS 💋 - you know keep it super simple

Why simple?

Adding more to our lives complicates them.

Complications take alot of time and energy that can't be invested in the things that lead to the people and things that bring you the most joy and satisfaction.

If it seems too complex..💋!

Wondering how you can keep it simple, try these:

💇🏾‍♀️ Book an appointment!

🛒 Set up a delivery service!

🗂 Hire someone!

🛟 Ask for help!

👉🏾 Delegate!

Using the above will allow you to have☝🏾less thing you need to do and you can relax.

The less your life is bulging at the seams with complexity, the more space you have to show up for what truly matters in life, relationships, professionally, and with your money!

Remember to KISS 💋 your life.

Black Family Finances

09/21/2023

09/02/2022

08/24/2022

07/05/2022

06/28/2022

06/24/2022

06/21/2022

06/19/2022

06/19/2022

06/02/2022

06/01/2022

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