JAY-Z’s 4:44 Inspires Personal Finance Book to Build Black Wealth

In addition to revealing raw emotion and intimate revelations about his family, Jay-Z packed his critically acclaimed 13th studio album, 4:44, with inspirational gems about economic empowerment. Ash Exantus, a financial expert and author popularly known as “Ash Cash,” has transformed the lessons in financial literacy from the album into a new book titled The Wake Up Call: Financial Inspiration Learned from 4:44 + A Step by Step Guide on How to Implement Each Financial Principle.

In the book, Exantus decodes the messages and offers readers a blueprint on credit management, entrepreneurship, collective economics, and smart investments. The overall purpose of the book is to empower the African American community to manage money more effectively and build generational wealth.

In the following excerpt, Exantus explains the correlation between financial freedom as a means to fight systemic racism and build political capital and power.

When Jay says Financial Freedom is our only hope he is not exaggerating. Even before #45 took office we began to see a resurgence of racism. Mike Brown, Trayvon Martin, Philando Castile, Alton Sterling, Freddie Gray, Eric Garner, Sandra Bland, Kalief Browder and the countless other injustices are examples of what happens when our collective power is not respected. When there is no real consequence for injustice then we are simply begging for mercy, and no one respects a beggar! The truth of the matter is that money is power! Those who control the money, control everything else… Politics, Schools, Business, Police, Community and everything else in between.

 

Just to be clear racism isn’t what the dictionary and the media want you to believe it is; which is defined as prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one’s own race is superior. The true definition of racism (as stated by Dr. Claude Anderson in his powerful book #Powernomics) is when one group holds a disproportionate share of wealth and power over another group then uses those resources to marginalize, exploit, exclude and subordinate the weaker group. That’s why when you turn on the television it seems like African-Americans are losing every-day! Because of systemic and institutionalized racism!

 

Without getting too deep into the history of black economics, we must realize that most Blacks have only been able to create ‘real’ wealth and financial freedom for the last 50 years – slavery lasted 223 years from 1640-1863, then reconstruction and Jim Crow laws lasted 102 years from 1863-1965. It wasn’t until the post-civil rights era that we began to see the tides change. And to be clear most of this was LEGAL and sanctioned by the government. For a more in depth look at the government’s involvement in wealth disparities and inequities please read “The Color of Law: A Forgotten History of How Our Government Segregated America” by Richard Rothstein.

 

I can go on and on about how we got here but 4:44 is the first step in making things right. A recent report titled “The Road to Zero Wealth,” looks at the past 30 years of wealth accumulation across racial lines, as well as what the future will bring if current trends continue; it comes to the conclusion that by 2053, just 10 years after the country is projected to become majority non-white, black median families will own zero wealth and twenty years later, Latino median families will follow suit. White median families will continue to own six figures. The key words here are “If current trends continue!” That’s why it’s imperative that we get our collective economic lives together!

 

The following lessons in this book will give you a step by step guide on how to begin to create financial freedom for you, your family, and community. This is probably not the first or last time we will have this conversation and I can assure you that we have a steep mountain to climb, but if we all get on the same page then we can tip the scale and reach the mountain top faster.

 

You will learn about credit; what it is, how it works and how you can use it to build wealth. There is a step by step guide on how to buy real estate and the power it holds in the wealth creation process. We discuss appreciation and depreciation and how to spend your money wisely. We discuss starting a business, and creating multiple streams of income. We tackle spirituality and discuss how “This Spiritual S#@t Really Works” especially when it comes to your finances. You will learn about the importance of cooperative economics, how to pass down wealth to the next generation, and how to protect your ASSets through insurance, wills and trusts. This guide will give you the jump start needed to right the wrongs of economic inequality.

Check out Ash Cash’s personal finance book here.

 

The post JAY-Z’s 4:44 Inspires Personal Finance Book to Build Black Wealth appeared first on Black Enterprise.

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Blue Ivy Had a Strong Reaction to Beyoncé and Jay-Z’s Clapping at the Grammys

Nobody tells Beyoncé what to do — except her six-year-old daughter, Blue Ivy Carter.

Blue Ivy was in attendance at the 60th annual Grammy Awards at Madison Square Garden with her mother and father, Jay-Z. During “Havana” singer Camila Cabello’s speech about the importance of Dreamer children, Beyoncé tried to clap — but Blue Ivy wasn’t having it.

The six-year-old was caught on camera appearing to shush her mother before warning her father not to clap as well.

The interaction only lasted a few seconds, but it was not missed by a number of Grammy viewers, who shared their thoughts on social media.

Moral of the story: do not clap until Blue Ivy tells you to.


Entertainment – TIME

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A Look Into Jay-Z’s Charity Concert With J.Lo, Daddy Yankee and More

Celebs continue to rally help for the victims affected by natural disasters in the last couple of months. Days after Jennifer Lopez and Marc Anthony put together a star-studded telethon concert titled “Somos Una Voz Live” in multiple cities, Jay-Z threw his third annual charity concert,“TIDAL X: Brooklyn” in New York City, but this time around he donated all ticket sales to organizations supporting victims of Hurricanes Harvey, Irma, and Maria, as well as the earthquake in Mexico.

In the last two years, the music and entertainment platform TIDAL donated proceeds to Robin Hood, the largest poverty-fighting organization in New York and the New World Foundation, which aims to advance “positive community relations and effect systemic change for the development and sustainability of just societies,” as it states on its website. Bacardi, the iconic spirits brand, sponsored the presentation, also donating $ 1.3 million specifically to TIDAL X: Brooklyn charities.

This year, was all about the multiple cities that have faced devastation from recent natural disasters.

Among those joining the good cause and eventful night were Jay Z, Jennifer Lopez, Stevie Wonder, DJ Khaled, Chris Brown, Cardi B, Fat Joe, Daddy Yankee, Luis Fonsi and a special appearance from Hamilton creator Lin-Manuel Miranda.

Lopez, being in her home state, performed throwback songs like “Jenny From The Block” and “I’m Real,” with a backdrop of New York City and the 6 train line, the subway the runs through her old neighborhood in the Bronx. Before composer and lyricist Miranda introduced his fellow Puerto Rican onto the stage, he shared a heartfelt message: “For every generation, there are moments that define you… These are the moment’s history remembers. Tonight, through music, TIDAL has brought together people across generations, backgrounds together to support the people of Puerto Rico. On behalf of mi gente (my people), thank you! We refuse to stay silent.”

Jay Z stayed true to the New York theme of the night by performing “Empire State of Mind,” while Latin stars like Daddy Yankee performed his 2004 smash single “Gasolina,” and Cardi B stole the show with her No. 1 hit “Bodak Yellow,” which had the audience yelling for an encore.

The concert aired live on Tidal. Donate to the cause here.


PEOPLE.com

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See Lupita Nyong’o Recite Rumi in Jay-Z’s ‘MaNyfaCedGod’ Video

Lupita Nyong’o stars in Jay-Z's new video for the 4:44 bonus track "MaNyfaCedGod," which arrived Friday as a Tidal exclusive.

In the stark black-and-white video for the James Blake-assisted track, the

This article originally appeared on www.rollingstone.com: See Lupita Nyong’o Recite Rumi in Jay-Z’s ‘MaNyfaCedGod’ Video

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On the Charts: Jay-Z’s ‘4:44’ Number One Again

Jay-Z notched his second consecutive week atop the Billboard 200 as the rapper's 4:44 sold

This article originally appeared on www.rollingstone.com: On the Charts: Jay-Z’s ‘4:44’ Number One Again

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Drake Jabs Back At Jay-Z’s Money Phone Bars In Video Clip

Drake joined Future and Lil Boosie as the latest rappers to take Jay-Z‘s money phone jab from the Brooklyn rapper’s “The Story of O.J.” track from the 4:44 album. Drizzy was in Texas for his annual Houston Appreciation Week and left a humorous message for Hov in response.

After honoring former pole athletes Lira Galore, Miracle Watts, and Maliah Michel during an epic retiring of their jerseys and hanging them in the rafters, Drake got on video with huge stacks of money and put them to his ear. Drizzy’s love of strippers is well known and he responded in kind to Jay-Z with the stacks in hand.

“Hello? What they say? Don’t put money in your ear?” Drake said, apparently just having a laugh and not at all attempting to start a beef.

Check out Drake’s money phone response to Jay-Z in the clip below courtesy of Karen Civil.

But not everyone is laughing.

Photo: WENN.com

The post Drake Jabs Back At Jay-Z’s Money Phone Bars In Video Clip appeared first on Hip-Hop Wired.

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Nurse Alice Breaks Down the Medicine: Bey and Jay-Z’s Twins Still Hospitalized

Beyonce and Jay-Z are new parents to twins

 

More than a week after reportedly being born on June 12th, Beyoncé and Jay-Z’s twins remain at UCLA Medical Center. They are still receiving care after reportedly being born before their due date.

We have yet to hear confirmation about how far along the babies were when they were born. Medically, we prefer babies be delivered as close to “full term” (37-40 weeks) as possible. This gives a baby more time to grow and develop. During pregnancy, a baby depends on its mother for important body functions. After birth, if a baby’s organs aren’t fully functioning, it’s common they are hospitalized for additional support.

Why the Twins Are Hospitalized

 

According to TMZ, the twins are being treated for a “minor condition” and are “under the lights,” which suggests that the babies are being treated for a common condition known as jaundice. Jaundice is a yellow tint to a newborn’s skin and the white part of their eyes. It is a sign that there’s too much bilirubin in their blood.

What Does That Really Mean?

 

It’s likely that because the twins were born prematurely their liver and body system functions may be having some difficulties. Bilirubin is a yellowish substance that’s made as the liver breaks down old red blood cells. It’s then eliminated from the body through urine and stool. When the body is unable to do so, bilirubin levels rise, leading to a condition known as “hyperbilirubinemia.” This causes jaundice. But it’s not just the skin discoloration that’s problematic. A high bilirubin level can be dangerous, leading to brain damage and other serious problems.

Isn’t Jaundice Normal in All Newborns?

 

In most cases, newborns have what’s called “physiologic jaundice.” It occurs because their organs aren’t yet able to get rid of excess bilirubin very well. This type of jaundice usually appears about 24 hours after birth. It gets worse until the third or fourth day, and then it goes away in about a week.

(Image: Flickr)

 

In the case of the Carter twins, their jaundice is likely more significant because they were born prematurely and are still being hospitalized well beyond the third or fourth day. This suggests they are requiring more extensive therapy. Based on typical treatment plans for newborns with jaundice, the twins are likely undergoing phototherapy and planned feedings. Phototherapy is a special light that the skin absorbs which changes the bilirubin so that the body can more easily get rid of it. Also, because premature babies typically aren’t eating or drinking very much, there are probably receiving planned feedings and intravenous (IV) fluids. These therapies provide necessary nutrition and also help them to pee and poop out the excess bilirubin.

Could It Be Something Else?

 

Although I hope it’s not the case here, other rare causes of jaundice in newborns include infection, a problem with the baby’s digestive system, or a problem with the mom’s and baby’s blood types. And the fact that the twins are premature puts them at risk for other medical conditions which can complicate their hospital stay. But it’s too early to tell; nor do we have confirmation of any other medical concerns. Like most Bey and Jay-Z fans—myself included—we are hoping for the best and look forward to their speedy recovery.

 

Lifestyle – Black Enterprise

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Roc96 Launched a Clothing Line Inspired by Jay-Z’s Debut Album

The Roc96 and MadeWorn collaboration launched at Barney’s this week.

Style – Esquire

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