White Millennials are about to start inheriting a lot of money…

[Ohene]

am I the only one who had to read this 2 or 3 times to understand what breh wrote here

Its dramatically correct so not sure what your issue Is

 

[Originalman]

If you're black and never seen siblings and relatives fight over dead people belongings, you're definitely a kid and shouldn't be in these type of discussions.

No lie breh the shyt is digusting...I seen mothafukkas in my own family do this shyt...

 

[Rawtid]

Mothafukkas don't want to hear it. But some of these jokers (gen X, Millennials and Zoomers) just lazy and trifflin. One of my close older counsins passed away about 4 years ago and before she died she asked me to make sure her only child (son who is a zoomer) had somewhere to stay. Dude had been in trouble and was cleaning up his life. I loved my older cousin cause she always was there for me so I told her cool.

So she dies and my younger cousin (her son) had no where to stay. I put him up in one of my rental properties to stay in till he gets on his feet. Even though he had a little minimum wage job I tell him. Hey just give me 200 bucks a month and you can stay here. Lights and water included.

Do you know that mothafukka couldn't even give me the 200 bucks a month. Not only that this mothafukka was slanging dope out my property (without me knowing) and ran off with the plug on one dope boy. Dope boy came by and shot in the house twice. Eventually the next day my cousin was arrested for some outstanding warrant and spent 6 months in jail. Do you know this fool called when he got out asking could he stay in my rental property again....man I hung the phone up on this fool and told him to don't call me again.

SMH! and this is why my homeboy only does month-to-month, cash only rentals. He will put a mf out in a minute!! He also stated because they pay cash, they are more likely to leave his property in good condition because they don't want to forfeit that security deposit.

 

[NinoBrown]

Yep great points. Its much easier if the parents had an asset either a home or pension or savings or retirement fund to help. Yes you hate if they have to sell their home for long term care. But if they were really hands on with finance in their younger years their kids should have been placed in a far better position than if they were bad with finances.

I still say the foreigners got the right idea they will try their best to own a extra home or have a big enough home where they can just take the parent in and the parents money they saved will be used to subsidize a nurse coming in for a few hours a day.

I myself don't even think its the home that needs to be worried about. Many of the homes that is handed down to kids they need so much work that the kids say forget about it. Or the homes is in so much debth because the parents kept borrowing on it to either send the kids to school or to bail out the dumb ass kids for shyt. Its really about the money or assets with no debt that the parents can pass on to their kids.

shyt my Aunt passed last month and left her kids and grand kids well over 350K in Bonds, IRA accounts, Pension, savings and checking account.

She never owned a home or a car but was extremely smart and frugal with her money. Sadly it ain't about what you leave the kids and grandkids.....its if them knuckleheads got enough common sense to save the money and put it to good use. Sadly most don't....an example is my Aunt's grand kids already started buying new luxury cars and clothes with the money they got from my Aunt's death...

I'm sorry to hear about your Aunt, my condolences. That is how things played out with my family, inheritance absolutely wasted and not passed down to the grands.

 

[SNG]

The one key element that explains why black folks are in the position they’re in now and have always been in. You ain’t gaining wealth with a bunch of ratchet single mothers and dusty, irresponsible negroes as your main contingent. Even blue collar brothers and sisters that work together as a family will have something for their kids to inherit…

You can't expect alot to see the vision if they haven't seen the vision. Me coming from a two parent home and seeing this and noticing for average people especially black marriage can hold value. Yes you have single people that are successful but that's not the whole collective in the black community and a very small percentage.

 

[Htrb-nvr-blk-&-ug-as-evr]

It's crazy to pinpoint to responsibility to a relationship status. A lot of married couples don't do shyt to shore their finances either. It's individual effort at this point.

See, you’re still thinking as a single mother…still thinking you HAVE to do everything on your own, as an individual. You don’t. When you have a partner, you can tackle problems together. Greater chance of overcoming them as well. You right though, even married couples have individual faults that will wreck their financial well being…and a lot of that is learned from their upbringing, often times from a broken home. I’m just saying, look at Mexicans, Indians, hell even cacs….there’s a reason why they tend to be generally successful in many cases…

 

[get these nets]

Mothafukkas don't want to hear it. But some of these jokers (gen X, Millennials and Zoomers) just lazy and trifflin. One of my close older counsins passed away about 4 years ago and before she died she asked me to make sure her only child (son who is a zoomer) had somewhere to stay. Dude had been in trouble and was cleaning up his life. I loved my older cousin cause she always was there for me so I told her cool.

So she dies and my younger cousin (her son) had no where to stay. I put him up in one of my rental properties to stay in till he gets on his feet. Even though he had a little minimum wage job I tell him. Hey just give me 200 bucks a month and you can stay here. Lights and water included.

Do you know that mothafukka couldn't even give me the 200 bucks a month. Not only that this mothafukka was slanging dope out my property (without me knowing) and ran off with the plug on one dope boy. Dope boy came by and shot in the house twice. Eventually the next day my cousin was arrested for some outstanding warrant and spent 6 months in jail. Do you know this fool called when he got out asking could he stay in my rental property again....man I hung the phone up on this fool and told him to don't call me again.

Wow!!
People need to appreciate when others lend them a helping hand. In life, nobody gives a F about you. When you find somebody who does care, you can't betray that. He will regret that for the rest of his life.

 

[tuckgod]

Grow up, find a good woman, settle down, have lots of kids in a loving, supportive household, connect with families on the same time as yours, share knowledge, share resources, each one, teach one.

Only way to beat this.

It’s not gonna be cute, not going to be fun, and none of us will be around to see the real fruits of our labor but so what.

We gotta start somewhere.

 

[Originalman]

Wow!!
People need to appreciate when others lend them a helping hand. In life, nobody gives a F about you. When you find somebody who does care, you can't betray that. He will regret that for the rest of his life.

This is true man. The messed up part is dude been bad mouthing me to the rest of the family for the last year talking about how I did him wrong and I didn't keep my word to his mom..... Folks so damn selfish man and it is so sad when its blood doing this to you...

 

[Rawtid]

See, you’re still thinking as a single mother…still thinking you HAVE to do everything on your own, as an individual. You don’t. When you have a partner, you can tackle problems together. Greater chance of overcoming them as well. You right though, even married couples have individual faults that will wreck their financial well being…and a lot of that is learned from their upbringing, often times from a broken home. I’m just saying, look at Mexicans, Indians, hell even cacs….there’s a reason why they tend to be generally successful in many cases…

Yeah but just because you have a “partner” doesn’t mean y’all align with the same goal. Even having a marriage on the same page isn’t dependent upon race, just individuals.

 

[Field Marshall Bradley]

Do you know that mothafukka couldn't even give me the 200 bucks a month. Not only that this mothafukka was slanging dope out my property (without me knowing) and ran off with the plug on one dope boy. Dope boy came by and shot in the house twice. Eventually the next day my cousin was arrested for some outstanding warrant and spent 6 months in jail. Do you know this fool called when he got out asking could he stay in my rental property again....man I hung the phone up on this fool and told him to don't call me again.

He gon swear nobody looked out for him after his mama passed……

 

[Noriega]

Do not let your parents take reverse mortgages no matter how bad their money situation gets!

My parents did that a few years back and are paying dearly for it in 2022

 

[dark_magic]

If a family or parents have a meager estate, life insurance can be a cheat code

 

[Htrb-nvr-blk-&-ug-as-evr]

Yeah but just because you have a “partner” doesn’t mean y’all align with the same goal. Even having a marriage in the same page isn’t dependent upon race, just individuals.

Nah, oftentimes people with the same goals will seek each other out. I’ll admit men are superficial and will fuk up by choosing looks over substance but I think most people serious about marriage will look for a partner that they believe will be able to build with. Race has plenty to do with it….again look at how the different races are raised and look at the outcome.

 

[desjardins]

Back in 2018 there were a lot of older Black people who sold their homes in LA and Inglewood for 500k, .

i remember watching house hunters years ago and a breh was on there buying a house in Compton for $500k.
Thought that was a crazy amount of money for an area I always heard was "hood", shyt turned out to be a bargain in the long run