Black Financial Culture: Building Wealth from the Inside Out

Modern Husbands Podcast

Jul 20, 2023•58 min•Season 3Ep. 12

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Episode description

Dr. Michael Gene Thomas is the author of Black Financial Culture: Building Wealth from the Inside Out. He is also a Lecturer at the University of Georgia where he teaches Financial Planning, Housing and Consumer Economics.

His research involves understanding what factors influence financial well-being across socio-economic status and how to optimize those factors through evidenced-based interventions or therapeutic methods.

Dr. Thomas has won numerous teaching awards.

Show Notes

0:00-1:00 Introduction
1:01-8:31 Why Dr. Thomas wrote Black Financial Culture: Building Wealth from the Inside Out
8:32-21:55 The three meanings of black financial culture as defined in the book
21:56-25:24 How football can explain progress
25:25-30:19 How we subconsciously operate out of habit not as choice
30:20-35:55- How emotion hinders or destroys wealth creation (cut some)
35:56-40:10 What was it like writing the book Black Financial Culture and his frustrations with manufactured division
40:10-55:45 The beauty of diversity and black financial culture
55:46- A Gentleman’s Bet