Your share could raise $30
Before you go, did you know that simply by sharing this campaign, you could help it raise $30? It's an effective way to support the cause.
No thanks- Pin it
- SubscribeUnsubscribe
- Embed
Glenda Lee hasn't added a story.
We are a family of relatives and friends ranging in age 78 years to 4 months in the Milwaukee area that have come together to change our economic future. We have decided to no longer conform to the negative historical and future outlook for the black family in America. We are determined to break the cycle of poverty, low wage pay, and lack. Just as within generations of black families we have lost our forefathers and inherited their poverty and lack, knowing that if we keep repeating the same cycle our children today will inherit our poverty and our lack. We understand that what has been difficult to do alone can be done easily as a group effort by putting together our resources. With this in mind we formed our family business board and committee January 10, 2015. We meet each month and our children are present to see and hear the adults in their lives changing our future. We know that having our children present is the beginning of their financial education and will make their steps in the family business easier when they take the reins. We are educating our selves on responsible financing, business management, positive thinking, and understanding asset vs. debt. We are in our infancy, but within our family unit we are filled with educated, intelligent, creative, and determined adults who are dedicated to our mission towards financial independence. We are not only concerned with our own family unit, but our community. We know that the family and its community are intricately connected. When one is broken the other is also affected. In our family we have many community advocates working within our community making change. Part of our family goal is to also be in a financial position to make positive change for others within our community.
What We Need & What You Get
What we need are supporters lead by the heart to help us reach our goal. We are determined to reach every goal as a family group, but we know that with the financial contribution of others we will get there that much quicker. If you believe in our family goal and mission of becoming financially independent in order to lift our family out of the cycle of poverty, low wages and lack, and helping us to give even more to our community, we need you. Your contribution matched with our monthly dues will not only change the lives of our children, but others in our community for many generations to come. We do understand that when posting campaigns on funding sites they suggest that we provide our contributors with something tangible in exchange for giving. But we must be honest with those who are lead by the heart to contribute to our family’s mission; all we have to give at this time is posting an update of our progress with your name as a contributor and our heartfelt gratitude with all sincerity. Being advocates in our community we know the feeling of giving to others, when we give to others we are not only doing it to give something to those we serve, but we get something from them in return, a warmth that can’t be paid for. Giving to others we have learned builds our self-esteem, our mental well-being, and brings us happiness. Giving is infectious to those who know its true value to the giver just as much as the receiver. If you enjoy the infectious feeling of helping and changing the lives of others then we hope you will find our cause a worthy one.
The Impact
The impact of your contribution will last long into the future of our family and many others within our community that we will continue to serve. The impact of our family becoming financially independent will be profound for generations to come as well as our community we already are serving. The impact will reverse more importantly for our children the contributing challenges of a majority of black families and our community.
Issues And Challenges Black Communities face today are many of the same issues and challenges that were identified as serious problems more than a decade and a half ago—violence, drugs, failing schools, negative media influences, parents and communities falling down on the job, teen pregnancy, and a loss of moral values—continue to plague Black communities and make life an uphill struggle for many Black children. Several additional problems that are macro in nature emerge from this research as very serious challenges affecting Black communities and children. Some are structural problems, such as economic isolation and an unfair criminal justice system. Others are more community-based in nature, such as fractured Black communities and families and a splintering larger Black community that no longer is united by common goals or a common purpose. http://www.childrensdefense.org/ Hart Research Associates Page 9
Our Family Plan: F.U.T.U.R.E. has adopted our family plan based on the “5 Steps to Resurrect the Family as a Wealth Creating Unit - by: Dr. Terry Jackson & Silas Burgess III”
Everyone dreams of being wealthy. The difference being a dream of being wealthy and creating actual wealth is a plan. An overall strategic plan should include a wealth creating plan. –
1. Create a Family Economics/Finance Committee. This committee should meet weekly, preferably during the family dinner to discuss family finances. This group is also responsible for teaching financial literacy to all family members, however, all family member should be required to read and study to ensure their understand of finances. This group is also accountable and responsible for family savings and investments. This group should require that all family members donate to a family pool of investment money regularly.
2. Establish a pay the family first policy. This policy ensures that each family member knows their first obligation is to the family’s wealth creation strategy. This policy is not to be broken for any reason. It helps every family member create the habit of saving, creates loyalty toward the collective goal of the family and helps establish discipline for each family member as this policy mandates regular contribution toward the family wealth creation strategy.
3. Establish a percentage that each family member donates to the family’s investment pool weekly, bi-weekly or monthly. By establishing a percentage everyone is providing an equal amount based on their income. A set percentage ensures that each family member will know how much they are to contribute and they will know how to budget according to their other obligations.
4. Create a family business. This is a very important step in creating wealth because it enables family members to transition from working for someone else and working for their family’s business. This step in the wealth creation strategy provides many tax benefits for the family. In this step a family must carefully research the business and industry they see to enter. They must ensure that their individual and collective skills fit the opportunity.
5. Develop a succession plan to ensure that all new family members are educated in financial management; know their role within the family and business. This step is important as it helps the family sustain their wealth creation strategy.
Short Term Goals:
- Group financial education.
- Dues paid each month.
- Discuss possible family businesses.
Medium Term Goal:
- Group financial education.
2.To raise $12, 000 by January 10, 2017
3.Start first step planning into purchasing an asset/s
Seven Year Goal:
- Group financial education.
- To have an established family business.
- Have assets
- Be in a position to have a greater impact within our community.
- Dividends
Risks & Challenges
One of the risks is that we are unsuccessful as a large family group. Working with family is challenging, and keeping everyone on the planned mission when there are many individual ideas. Deciding on a business will present its own challenge. Dues being met each month with limited incomes will be a stress on families already struggling. But the risks and challenges are worth overcoming.
We also have a public facebook page. Please feel free to visit: https://www.facebook.com/futurefinancialholdings
Highlights
See all activity27Activity
Help us change our children's future. Community
Our community shows our leading supporters and the contributions they've made or inspired by sharing our campaign.
How it works
To appear in our community, simply make a contribution to our campaign
and show your name, or inspire a contribution from someone else by sharing your personal link (below).
The more contributions you make or inspire, the higher you'll go and the more the campaign will benefit.
How it works
To appear in our community, simply make a contribution to our campaign
and show your name, or inspire a contribution from someone else by sharing your personal link (below).
The more contributions you make or inspire, the higher you'll go and the more the campaign will benefit.
Here's your personal link to share:
CopyDelete media item?
Delete this item from the media gallery? It will also be deleted from any related story update.
Set as ?
The campaign video will appear in social media and email.
The campaign cover picture will appear in social media and email.
The will appear at the top of your campaign page and in social media and email.
Reset ?
It will be removed from the top of your campaign and won't be used as default in social media and email. The will remain in the media gallery.
Embed
Share a link
Delete update
Delete this story update?
Any pictures or videos will remain in the campaign's media gallery.
Report campaign
Report submitted
Thank you. We take reports like yours very seriously. Our goal is to keep the community safe.
Please know that we may contact you for more information, but that we won't notify you personally of our decision. If the campaign remains available within a few days, it's likely that we determined it not to be in violation of our policies.
Thank you. We've already received your previous report. If the campaign remains available within a few days, it's likely that we determined it not to be in violation of our policies.
Tell us about the problem. Please fill in both fields below.
Record a video
Upload a video
Nothing grabs attention for your cause like a personal video. Take a minute or two to record one now. Record a short video message of support. Or upload one from your device. You can preview or redo your video before you post it.
Nothing grabs attention for your cause like a personal video. Upload a short video message of support. Upload a short video message of support. Or record one right now.
- Most effective video length: about a minute.
- Maximum length: 5 min.
- You can preview or redo your video before you post it.
Heads up! The existing video will be replaced.
Email your friends
Join our team
Tell people why our cause matters to you. Your personal message will encourage others to help. Easy, effective, optional.
Say it in video
Short personal videos by supporters like you are incredibly powerful. Record one right now and you'll help us raise more money. Easy, optional, effective.
Add a personal goal
Set a personal fundraising goal. You'll encourage more contributions if you do. And rest easy. There's no obligation to achieve your goal or bad consequences if you don't. Easy, optional, effective.
We have a video!
Video thumbnail
We'd love to show you our campaign video. Want to take a look?
, you're already on the team.