Monica McCoy’s Post

Hey small business owners, are you as tired as I am with all the negativity and personal interests of the uninformed? When will we stop catering to the most unmotivated people in society? Special interests seem to capture the news. DEI, LGBTQ+, Transexual men looking for acceptance in women’s sports. When are we going to accept high school athletes who think they should play against 8 year olds in Little League? Now if you are part of the LGBTQ+abcxyz society, good for you. But you are not going to get my acceptance. And if you support DEI, and think that is going to get you ahead in the world, that doesn’t replace meritocracy. May the best person win the job based on performance and not anything else. All of this noise has created a broken society at a time when we can least accept it. It is sort of like picking out a new Vizio TV at Walmart while the upstairs is on fire at your house. The country has a debt of $34.6 trillion now. It will be $36 trillion by the end of the year. One black representative wants blacks to pay no taxes as part of a reparations package. The President wants to forgive student loans and put the burden which would include interest on the working class. Joe Nut Sack also claims he created 15 million jobs. When you hear of the monthly jobs created, those are mostly part-time. Full-time workers have lost 1 million jobs in the last 12 months. But if I get 2 part-time jobs, then employment is up 100%. The Uniparty knows this but they are all funded by Blackrock, Vanguard, State Street, the military complex and pharmaceutical companies. So they disguise their dislike of the opposing party while filling their coffers with cash. Both parties do it. So here is the issue based on historical data. When a country’s debt is 130% or more of gross domestic products, in every case of history, that country fails. It has happened over 50 times. What does failure look like? The dollar is devalued even further, or inflation is 20 to 50% or more. Your kids are living with you until they are 45. You get a revised liking of SPAM, Campbell’s soups, and rice. We can’t afford a war, though you would think we can since politicians love the political donations from Lockheed, Boeing, etc. Hell, we can’t staff the military. I’ve read several articles lately of what to do if we get into a nuclear war, or what to do if society breakdown. Who would ever have thought it would come to this. So if you are watching your new $300 big screen Vizeo tonight, thinking what I can get the government to pay for next, make sure Grandma is not asleep upstairs because the house is on fire… So vote for Joe Nut Sack, or Narcissist Donald, it may not matter.

It’s next week!! From the desk of Dr Latifat Akintade “No shame in your game. Many of us have been taught to carry so much shame when it comes to finances. If you are a high earner, not rich yet…. shame. High earner, rich… shame. Low earner….. shame. I am convinced that society simply wants women carrying shame. ‘Cos when you do, you will be too closed off to flourish. The crazy thing is that shame actually is useless. In fact this is one of the reasons I love having a community where conversations about money are just normal. You can celebrate crossing networth goals that many folks dream of. Where we can take actions without judgment. Pay off debt. Carry debt. Rent. Buy. The bottom line is you learn to do money in a way that’s in line with your unique goals & value. You make bold, badass decisions. It’s why women inside The Money School are taking clearer, more powerful actions which lead to networth growth, debt pay off and spending with confidence. The truth is that this frees up women to have freedom they want and desire in their life! I have carried my own fair share & dropped that shitty baggage. It’s honestly one of the reasons I get to live authentically without sacrificing long term wealth building. I’m excited about the conversations that are going to be happening at our in-person event happening in Atlanta in 9 days. Woohoo! Money. Women. Networking. Exchange. Wealth for women physicians. It’s going to be so rich❤️ I’m looking forward to seeing the amazing women physicians that will be there. Finally a shame free place where every part of you belongs. You can still join us next week in Atlanta May 17-19th.” Click the link! https://moneyfitmd.com/wyc

L.G.B.T.Q. people must navigate many systemic disadvantages: disproportionate student loan debt, a wealth and savings gap, less access to our blood relatives’ generational wealth, food insecurity, and incalculable losses related to housing, hiring and workplace discrimination. Marginalized identities like race, immigration status and disability compound the financial disadvantages. Through personal stories, this New York Times article explores how some L.G.B.T.Q. people think about personal finances. Money in the queer community can be fleeting, communal and scarce, which can have an impact on financial planning decisions.

California has the largest SSBCI allocation in America; however, community development financial institutions have made over $2.6 million in SSBCI-supported loans to Black owned businesses in Georgia. Two minority depository institutions (MDIs), Citizens Trust Bank in Atlanta, and Carver State Bank in Savannah, are participating lenders in the Georgia SSBCI Loan Participation Program. By the way, a list of the California participating financial institutions and lenders can be found: https://lnkd.in/gP2yx7zf Look at who is missing and which financial hold State deposit or bank the Treasurer and handle a reported $3 Billion of banking transactions. How does this behavior help to close the racial wealth gap in California? https://lnkd.in/gBdwKkT6

Like a lot of the people I’ve interviewed for Ruthlessly Hopeful, #AlexBriscoe can’t look away from suffering. In 2017, when the number of kids being admitted to hospitals because of self harm skyrocketed, a group of funders asked him what was going on. They respected his in-depth knowledge of how Medicaid and the state’s safety nets were designed and constructed. He told them what he thought, and they gave him money, time and the freedom to put together a team of people who had the social capital and extensive lived and or work experience in the systems they were trying to change for the better. The California Children’s Trust became a reality After a lot of hard work, listening to people from across the state, raising about 14 billion dollars and being guided by and accountable to an exceptional group of youth advisors, they put forth five recommendations, including centering the impact of racism and poverty on the social and emotional well being of children. All five recommendations have been adopted and are now in the early stages of implementation. Thanks to the Trust and their partners, A LOT more kids and families in California will have the chance to live healthier and more hopeful lives. Also, other states are starting to take notice and wanting to learn more. Thank you Alex for your time and for sharing with me the people and experiences that helped prepare you for the important work you are doing today! If you are interested in or are doing systems change work, you have to read this profile!  If you want to be inspired by people doing good and spreading hope in this troubled world that we live in, subscribe to Profiles In Hope at ruthlesslyhopeful.com #ArchitectsforaBetterFuture #CaliforniaChildrensTrust #healthierandmorehopefullives #systemschange #meaningthroughservice #profilesinhope #ruthlesslyhopeful

Improve your healthcare outcomes.

“Should you pay off debt first or save?” I get this question all the time and my answer is against most financial advice. I say do both. I recommend this approach because you’ll: • Build emergency savings while tackling debt • Improve your net worth from both directions • Have a liquid buffer if you’re laid off (I’ve experienced this personally) Financial security isn't just debt freedom. It’s about giving you a firm foundation as well as time to breathe when life hits. 💰💰💰 👋🏾 Hi, I'm Tai! I combine empathy with actionable money advice. 🤑 I help neurospicy Black women pay down debt and increase their savings to become homeowners. 📌 Want 1:1 coaching or a financial safe space to connect with other Black women and femmes? Send me a DM. 🔔 If you found this helpful, like, comment and hit repost so I can flood your feed with empathetic money musings, radical acceptance and actionable encouragement. #GenerationalWealthBuilding #GrowthMindset #MoneyMindset #DebtDownAssetsUp #FinancialCoach #WealthCoach #Investing #ADHD #Neurodivergent #Neurospicy

Credit card debt is a huge problem these days. But a lot of the advice given to people trying to pay it off just doesn't work. 💳 According to Dasha Kennedy of The Broke Black Girl, there's a reason for that. On this #HerMoneyPodcast, we're digging into Dasha's own debt payoff journey, plus why so many women — especially Black women — become trapped in a cycle of using debt to survive. We cover... 💰 How the gender pay gap is worse for Black women, and what it means for their approach to debt 📊 Why Black women need financial advice tailored to their experiences 🚵♀️ What realistic strategies Dasha recommends for overcoming debt

Hats off to U.S. News & World Report for hosting the State of Equity in America Forum, a discussion on addressing the racial wealth gap in the U.S., as reported by John Beomsoo Kim. As the panel points out, closing the education gap and promoting entrepreneurship is a good start. And I might add promoting homeownership, and access to capital for would-be home and business owners is critical. But many structural challenges still exist, and until they are addressed, the gap will persist. But forums like these are a good start in raising awareness and developing workable solutions. https://lnkd.in/e7NFTWYh

I hate the term financial literacy. It implies that people struggling with their money just need to learn more. But let's be real - everyone knows they should: - Make more than they spend - Avoid debt - Invest People don't need more literacy. They need a “why” and a bias towards action. Consider this: 🚫 Deciding between the debt snowball and debt avalanche will not pay off the credit cards. ✅ Targeting one debt until it's paid off will. 🚫 Researching every high yield savings account won't build your emergency fund. ✅ Dedicating 10-20% of your paycheck into any high yield savings account will. 🚫 Studying expense ratios across multiple investments will not build your portfolio. ✅ Buying into your first index fund and automating a consistent contribution will. I guarantee you are perfectly literate when it comes to your finances. What you need is to take messy action instead of using learning as an excuse for procrastination🖤 💰💰💰 👋🏾 Hi, I'm Tai! I combine empathy with actionable money advice. 🤑 I help neurospicy Black women pay down debt and increase their savings to become homeowners. 📌 Want 1:1 coaching or a financial safe space to connect with other Black women and femmes? Send me a DM. 🔔 If you found this helpful, like, comment and hit repost so I can flood your feed with empathetic money musings, radical acceptance and actionable encouragement. #GenerationalWealthBuilding #GrowthMindset #MoneyMindset #DebtDownAssetsUp #FinancialCoach #WealthCoach #Investing #ADHD #Neurodivergent #Neurospicy