| BWi
History.
purpose.
BLACK WOMEN
INVESTING
was founded for undergraduate and graduate Black
women to learn the skill of financial planning. As more and more
black women graduate from highly ranked universities, knowledge of
financial planning will be an invaluable asset, as many of these
women will receive moderate to high paying salaries. As well, the
amount of the nation’s black entrepreneurs will continue to increase
with the attainment of graduate and professional degrees, and
financial literacy will be important to the success of these
businesses. Furthermore, an uncertain economy and expected inflation
will decrease the purchasing power of all Americans, but those who
have learned to save, invest and plan for the future will be able to
keep their heads above water.
mission.
The mission of BWi is three-fold:
·
Deliver expert education and advise on various areas
of financial planning from working professionals in the financial
industry
Topics will
include:
o
Investments and Securities
o
Tax Planning
o
Saving Effectively
o
How to conduct financial research
o
How to read your credit report
·
Foster personal and financial relationships among the
members of BWi through self-education and group participation.
Implementation
Strategies include:
o
Assign readings from literature on financial
responsibility such as, Rich Dad, Poor Dad
o
Frequent reading of Wall Street Journal and
Black Enterprise and other financial periodicals that are
available
o
Engage one another in discussion on the readings
monthly at meetings and weekly through organization listserv
·
Become investors
Implementation
Strategies include:
o
Participate in virtually simulated stock market
software
o
Create investment club and open brokerage account
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