5 Reasons Why Black People Are Still Broke

5 Reasons Why Black People Are Still Broke

Change needs to come.
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According to statistics from The State of Working America, African Americans made up about 12 percent of the population in the United States in 2015. With that being said, African Americans are also among the poorest races with 27.5 percent of them living in poverty. What's even more disturbing is that 45.6 percent of children aged 6 and under live in poverty.

Essentially every other black kindergarten student is living in a home where the income is below what the government sees as necessary to live. Unfortunately, this trend continues for generations of black people and I believe that I know five important reasons as to why this race is so impoverished.

1. Black people spend more money than they make.


African Americans over the age of 18 make up 39 percent of Master Card holders. Of that 39 percent, many spend their limit monthly and seldom have the money to pay the balance in full at the end of the month. Essentially black people are spending money that they don't have and won't have at the end of the month. This trend of building never ending debt is partially why their poverty numbers are so high.

2. Black people don't support black businesses.

Every race with the exception of black people seems to support the businesses of their own. Being an entrepreneur is one of the most popular ways to make high residual income. Black people buy products from brands such as Jordan, Louis Vuitton, and Ralph Lauren at an alarming rate. The prices of these brands are very expensive, however, those same black people would cringe at the thought of paying $20 for a black owned clothing product saying, "It's too expensive." The question here would be is the product too expensive or not "renowned enough?"

3. Black people don't save their money.

As soon as black people get a huge chunk of money or their tax refund it appears that they all flock to the nearest high-end fashion spot to splurge. Seldom do black people save their funds or invest them into things that will last or that could make them more money down the line. According to The State of Working America, black people spend 4 percent more money annually than any other race despite the fact that they are the least represented race and the race that lives in poverty at the highest rate. There's a clear problem, so read that sentence again and let it marinate.

4. Black people don't know how to invest.

If you ask many black people aged 18-25 it should not come as a surprise that investing in stocks or buying bonds is a foreign concept. Many young black people work and spend their money on items that either decrease in value after being bought or are not sustainable. Cars and sneakers are prime examples of such things.

5. Black people aren't working towards getting out of poverty.

Even after reading this article there are many black people that will not work towards changing their situation. After centuries of slavery, black people must realize that they are behind with regards to having generational wealth. Black people must fight to create the wealth where they will have trust funds for their children or wealth that can be passed down. Too many black people tend to only worry about themselves and the money that they have in the moment. As a race, black people need to build for the future and get out of that mindset of the now.

Wealth is not everything, however, it has been proven that with it, you get better educational opportunities and a better environment for children to develop and go on to become well-functioning members of society. There are the Jay Z's and P. Diddy's of the world but they are far and few in comparison with how most black people live. Change needs to come, black people, this is something we have control over so no more excuses.

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29 Stores That Will Just Give You Free Stuff On Your Birthday

All I want for my birthday is a bunch of free stuff!
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October holds the record for having the fourth highest amount of birthdays! With so many people having October birthdays, like myself, I wanted to share with everyone 29 stores that will give you free stuff for your birthday! If you weren't born in October, don't worry, you'll still be able to get free stuff when your birthday rolls around!

1. Starbucks

Who doesn't love a good Starbucks drink? Sign up for Starbucks Rewards, and you can get a free drink on your birthday!

2. Ulta

Free beauty products? Yes, please! Get a free birthday gift and double points on purchases made during your birthday month by signing up for Ulta's Ultamate Rewards program!

3. Sephora

Want even more free make-up? Sign up for their Beauty Insider rewards program to get a free which you can redeem any time during your birthday month!

4. Baskin Robbins


You can get a free scoop of ice cream on your birthday when you join their Birthday Club!

5. Old Navy

Old Navy will give you a free birthday surprise just for signing up for their email newsletter!

6. Buffalo Wild Wings

Who wouldn't want some free B-Dubs? By joining the Buffalo Circle club, you can receive a free order of snack size wings on your birthday!

7. Benefit Cosmetics

Get a free brow arch when you visit a Benefit Browbar beauty lounge during the week of your birthday! You don't even need to be a member!

8. Chick-fil-a

Sign up for email insiders for a free birthday surprise!

9. World Market

You can get a free birthday surprise when you sign up for the World Market Explorers Rewards program!

10. Bare Minerals

Whaaaaat! More free make-up? Sign up for Friends and Benefits, or FAB, to get a free birthday gift!

11. Krispy Kreme

Join their E-Club to receive a free donut on your birthday!

12. Sonic

Receive a special birthday treat when you sign up for a My Sonic account!

13. Olive Garden

Sign up for their eClub and receive a free appetizer or dessert on your birthday!

14. Great American Cookies

Get a free birthday surprise when you join the Cookie Club!

15. Dippin' Dots

By signing up for the Dot Crazy! rewards program, you can receive a free cup on your birthday!

16. Panera

When you join MyPanera, you can receive a free birthday pastry!

17. Red Robin

Yuuuuum! Get a free birthday burger when you register for Red Robin Royalty program!

18. Waffle House

Members of the Waffle House Regulars club can get a free waffle on their birthday!

19. Texas Roadhouse

Get a birthday gift by signing up for their email club!

20. IHOP

By signing up for Pancake Revolution, you can receive a free meal on your birthday! That's right, an entire meal!

21. Cracker Barrel

Go to Cracker Barrel on your birthday and get a free dessert!

22. Ruby Tuesday

Get a free birthday burger by joining their email club!

23. Wingstop

Members of The Club can get a free order of seasoned fries on their birthday!

24. Denny's

Go to Denny's, show them you ID, and receive a free Grand Slam on your birthday!

25. Cinnabon

Get a special birthday gift by registering for Club Cinnabon!

26. Longhorn Steakhouse

Create a My Longhorn account to receive a free treat on your birthday!

27. Zaxby's

Sign up for Zax Mail and receive a free Nibbler on your birthday!

28. Hooters

By joining the Hooters E-Club, you can get a free birthday gift!

29. TGI Fridays

Members of Friday's Rewards Loyalty Program get a free dessert on their birthday!

Cover Image Credit: https://www.flickr.com/photos/39908901@N06/8606910883

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From The Recovering Shopaholic Tired Of Consumerism

I think I maybe have what, like eight dollars left in my account.

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Let's face it, friends: my bank account has taken a beating. Hard. Real hard. Being a sorority girl has completely drained my debit card, from swaps to date parties to feeling pressured to never wear the same outfit twice on my Instagram. I think I maybe have what, like $8 left in my account.

Last week it was makeup. This week it's athleisure skirts, because God knows I'm not gonna hit the gym with this bronze-y glow I bought in a bottle. I spent all summer working my first job that didn't pay me under the table only to spend my entire paycheck at the same place. The whole concept of "treat yo self" isn't lost on me. I have a slight problem, and it's only made worse by the fact that all my favorite stores have apps that are conveniently downloaded onto my phone, so then everything I could ever want is just one click away.

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As someone whose favorite holiday is Black Friday, you may be wondering why I am so tired of consumerism, besides my obvious bankruptcy situation. The fact of the matter is, I'm tired of constantly being berated by advertisements telling me I need all these new products. It seems like more than ever before, social media is becoming more and more just a string of advertisements, one after another. It's not just brands advertising anymore; it's influencers and friends and even those weird stranger girls that DM you on Instagram saying, "Hey gorgeous! You look poor and desperate! Would you like to make a small amount of money each month selling so-called "miracle" products you have to pay to even try out?"

And God, these products aren't even GOOD. Brands are so uncreative these days, they're not just copying each other (hello, Anastasia Beverly Hills and Maybelline); they're copying THEMSELVES. Tarte Cosmetics is literally releasing a holiday palette that is a copy of a palette they had in the summer. Too Faced Cosmetics thinks they can slap a happy face on a piece of fruit and all of a sudden it's "creative packaging."

I'm sorry, but the Annoying Orange already thought of that, what, like ten years ago? Don't even get me started on the unicorns and mermaids trend. As someone who is basically still a toddler, I absolutely love a good unicorn product. I have a unicorn lamp in my room. But I'm so tired of brands taking trends and running with them so much and for so long that the novelty wears off. Like if one brand does mermaids, maybe someone else should do fairies? Or trolls or gnomes or hobbits or something (I mean, who doesn't want to look like they guard a bridge?) People NEED to do their OWN thing. We love an original sister.

And then we have these influencers shoving these boring products down our throats like they're the next best thing since sliced bread. Like can they make it any more obvious that they have zero taste when they're trying to sell us ANOTHER red-toned eyeshadow palette? Been there, done that. Stop acting like it's new and cool because it's neither. It just makes it look like you're desperate for money. It may be your job, but you don't have to act like Schmeagle or whoever that character is from Lord of the Rings who freaks every time he finds money.

All in all, people need to stop pandering goods to us until they can actually think of a good reason why I should add another eyeshadow palette to my collection of forty. All my makeup is going to expire before I even have time to open half of these palettes, so I think it's time we all stop.

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