Monday, April 24, 2023
This is the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny.
In this episode of the series, Lauryn and Chloé talk about the first-generation wealth builders tax, sometimes referred to as the “black tax.” When you’re the first person to achieve financial stability and build wealth within your circle of family and friends, there’s a good chance there are people in your life that will want financial help from you.
Statistics show the racial wealth gap already makes it harder for POC to achieve financial success, which means supporting friends and family only adds to the problem. This is where the term “black tax” comes from. However, the lessons shared by Lauryn and Chloe can help any first-generation wealth builder.
In this episode, Lauryn and Chloé talk about:
If you want to further connect with Lauryn Williams:
Instagram: @worthwinning
Twitter: @worth_winning
Facebook: @worthwinningfp
LinkedIn: @lauryn-williams
If you want to connect further with Chloé Moore:
Instagram: @financialstaples
Twitter: @finstaples
Facebook: @finstaples
LinkedIn: @chloemoore
Shared quote:
“If you want to have enough to give others, you will need to take care of yourself first. A tree that refuses water and sunlight for itself can’t bear fruit for others.” ― Emily Maroutian
RESOURCES MENTIONED:
Lauryn is hosting two Welcome to Wealth financial retreats this summer for young professional women. Want to go on an adventure and create a financial plan for your life? Learn more at the links below.
• Medellin, Colombia July 2023
• Bali, Indonesia August 2023
Lets asses your symptoms to see if you need a "Wellness Exam", a "Sick Visit", or if you should head to the "Emergency Room". Have fun, but the more honest your answers are the more accurate your diagnosis will be.
Certified Financial Planner
Welcome to the Worth Listening podcast, where we focus on having positive and productive conversations about money.
Interested in being a guest on our show? Email us today at podcast@worth-winning.com! We'd love to hear from you.