Juneteenth Money Date

Every Friday I recommend having a money date…with a mimosa. Hence the name of my blog, Money & Mimosas.

Your money date is a sacred ritual to reflect on your financial decisions from the week and celebrate your wins. If you’d like a step-by-step guide for your money date, click here to download your free checklist.

During this money date, we are celebrating Juneteenth. The historic anniversary of the celebration commemorating the emancipation of enslaved Black Americans.

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About Juneteenth

Juneteenth is the oldest nationally celebrated commemoration of the ending of slavery in the United States.  On June 19, 1865, Major General Gordon Granger, landed at Galveston, Texas to share the news that the war had ended and that the enslaved were now free.

Interestingly, this was a two and a half years AFTER President Lincoln’s Emancipation Proclamation on January 1, 1863. In other words, Texas kept Black Americans enslaved a FULL 2.5 years after the address for emancipation.

While Juneteenth celebrates the end of slavery, it was not officially abolished until later that year on December 6, 1865. This was when the 13th amendment to the Constitution of the United States was ratified which abolished slavery entirely in all of the U.S. states and territories.

We Have A Long Way To Go

Though the amendment formally abolished slavery throughout the United States, factors such as Black Codes, white supremacist violence, economic injustice, police brutality, and on-going racism continue to impact Black Americans to this day in the United States.

The United States economy is modern-day slavery. It is designed to kill hopes and dreams and resign BIPOC to live a life of struggle. Here are some of the facts.

-out of $85 billion in VC funding in 2017, less than 1% went to Black Women

-on average, Black Women graduate with $10,000 more in student loan debt than white women and white males 

-despite being the most educated group and the fastest-growing group of entrepreneurs, Black Women collectively still face a significant GAP in wealth 

And NO this is not due to lack of financial literacy. If that is the thought you had, read the above points again.

It is due to systemic racism and insidious methods of white entitlement designed to block BIPOC from living a life full of abundance. These are Weapons of Whiteness™️.

If we want to create a just and peaceful world, white people need to become economic accomplices for BIPOC. You need to address your white guilt and do the work needed to eradicate your false sense of white entitlement.

How You Can Be An Economic Accomplice

If you are a white or white-passing person, you must own the fact that your wealth and opportunities are largely unearned. The privilege that comes with your skin color has been used to keep others from reaching their fullest financial potential.

Here are three ways you can be on the side of economic justice.

  1. Connect BIPOC - especially black women- to well-paid opportunities. The emphasis is on well-paid. I have been subject to many painful experiences where white friends (who have not done the work they need to do to remove their financial biases) have connected to me opportunities that were insulting to my bank account. When you connect your BIPOC peers, prep the situation so that they are treated with respect and offered compensation that is worth their time.

  2. Confront your financial biases. Through the years, I have realized that liberal white people are all for equity until it comes to money. They have this idea that BIPOC are either struggling or they are Oprah/Obama. When they come across someone who does not fit into either camp, they become uncomfortable, jealous, and find a way to sabotage their success. And for those of you who are shaking your head saying this isn’t you…yes, it is. It shows when you only donate to causes that support those with low-income and you do not financially support the arts or culture. Black LIFE is just as important as the BLACK LIVES who were killed by police brutality. If you only show up when we’re dead, then you are also a part of the problem.

  3. Get to know money. Due to your white guilt, many of you avoid learning about finances. In order to be an accomplice, you have to understand the system. Read about financial systems, join Money Makers, and be a part of the change.

Welcome to Money Makers

As a black woman, I am proud to have achieved financial freedom in spite of the ongoing racism, anti-blackness, and economic injustice that I face.

And I am especially proud to announce the re-opening of Money Makers. The paid membership program of Money & Mimosas. We have members from all over the world who are committed to making money and making a difference. 

The program is designed to give you the tools, skills, and mindset you need to make money and make a difference. Specifically, it is designed for creatives and freelancers who have a goal of earning at least $5,000 consistently on a monthly basis.

Once you join, you receive access to a structured eight-week syllabus and ongoing financial trainings.
Take note that the Money Makers membership is not for the faint of heart. It will address white privilege and white entitlement. It will address your scarcity mindset. And it will ask you to dig deep to create inner peace and prosperity.

If you are committed to making money and making a difference, click here to join the Money Makers.

Let freedom ring.

Danetha


About Money & Mimosas:

Money & Mimosas is enjoyed by readers in over fifty countries with the same dream of achieving financial freedom without living frugally.

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