

Are you interested in investing your money? Do you want to learn the ins and outs of the stock market? Maconomics star Ro$ Mac is all about his coin and doesn't mind sharing his knowledge either. Not only is he the first Wall Street rapper but his weekly segment on Revolt TV has really set the bar for what it means to pour back into the black community. Mac secures the bag, but also makes sure to pay it forward by spearheading a message of black wealth and providing the keys to the kingdom through financial literacy on social media.
Together, money and knowledge is true power and Mac's platform is proof of that fact. His videos are short, direct, and most importantly informative when it comes to the dos and the don'ts of all things investing. Mac is advocating for breaking generational curses and building generational wealth one post at a time. Recently, xoNecole had the privilege of chopping it up with the financial expert about Maconomics, the stock market, and why black wealth matters.
xoNecole: How did you make the transition from working on Wall Street to becoming a Wall Street Rapper?
Ro$$ Mac: When it came to making a transition, it wasn't that I had to choose one or the other which I was extremely grateful for. I was able to balance both roles and it was a blessing. I was able to hear myself on the radio on my way to work on Wall Street. To be honest, when I first started working on Wall Street while making music, I was very self-conscious about my co-workers knowing about the other side of me. Being a black person working in corporate America, you are very conscious of how you are perceived. Being a rapper was not how I wanted to be perceived.
What inspired you to become so well-versed with the stock market?
What truly inspired me was when I moved back home to Chicago and I was still working in finance at the time. After reconnecting and interacting with my homies that I grew up with, I realized there was a vast difference where people were in their lives based on exposure. I was considering how I could give back to my community in a dope way while simultaneously still being myself. I created Maconomics to bring Wall Street to the main street. I wanted to drop the same gems that I've been exposed to with the same people that come from where I come from. If someone is my brother, they don't necessarily have to travel the same path that I've traveled to benefit from the knowledge that I have. Life for me is about passing on the knowledge and not being selfish with it.
"I created Maconomics to bring Wall Street to the main street. I wanted to drop the same gems that I've been exposed to with the same people that come from where I come from. If someone is my brother, they don't necessarily have to travel the same path that I've traveled to benefit from the knowledge that I have. Life for me is about passing on the knowledge and not being selfish with it."
At what age did you invest in your first stock?
I was 18 and in college when I first invested in the stock market. I saw a kid trading stocks in one of my classes. I asked my economics professor what would be a good stock to invest in and she told me that no matter what, people will always need their utilities. I ended up buying G.E. for 7 bucks and it didn't really make me any money but it was a good start.
What can people expect to learn from your show 'Maconomics'?
People can expect to learn financial literacy for black culture. Maconomics allows people to learn about themselves by me addressing questions that people are too afraid or shy to discuss. Black people don't like discussing finances which are taboo in certain communities. Maconomics is a platform to bring financial literacy with a twist. I'm able to make people laugh while also educating and informing you. I'm able to give you the facts and tell you what other communities are doing and why they are richer. Maconomics is all about financial literacy and bringing it to my audience in both a comedic and entertaining way so that it will stick with you and be easy to digest.
You have started the campaign “Black Wealth Matters”. How has that decision contributed to your life and others? What does black wealth mean to you?
Black wealth is the solution to racial injustices. Living in a capitalist society, those without capital tend not to have any power. The moment that black people have more access to attaining wealth and capital, and better knowledge about getting it and keeping it. I believe from a social justice standpoint we will get a lot further in life by expanding our financial literacy. Black wealth has been kept from us in a very systematic and intentional way. When you look at what happened on Black Wall Street, redlining, and bank loans. Everything that was done in the past was done with great intent. The average black household net worth is less than 10 times of a white family. There are a lot of things that will make it right and black wealth is one of them. Black wealth is the equalizer and will take us a lot further in life.
"Black wealth has been kept from us in a very systematic and intentional way. Everything that was done in the past was done with great intent. The average black household net worth is less than 10 times of a white family. There are a lot of things that will make it right and black wealth is one of them. Black wealth is the equalizer and will take us a lot further in life."
What are some of the biggest mistakes that you have made financially?
I don't have too many financial mistakes but I have made bad investments. My biggest mistake would be the lost revenue that I missed from not investing in certain stocks.
What is the biggest misconception about investing in stocks and finances overall?
The biggest misconception is thinking that you need to be rich to start investing. You can literally start investing with $25-$50. The other misconception is that you have to be a rocket scientist to invest and that saving money is enough. All you need to do is buy an index, the S&P 500, or Nasdaq and over the long haul, you can make about 10% annually. People need to understand that saving money is not enough considering the power of inflation. Money is losing its value every year. You need to be investing your money as well.
"You can literally start investing with $25-$50. The other misconception is that you have to be a rocket scientist to invest and that saving money is enough. All you need to do is buy an index, the S&P 500, or Nasdaq and over the long haul, you can make about 10% annually. People need to understand that saving money is not enough considering the power of inflation."
What do you have to say to people of color that have a strong interest in breaking generational curses and building generational wealth?
Key practices when it comes to building generational wealth is starting now and being unselfish when it comes to thinking about the next generation. It can just be helping your kids not graduate with thousands of dollars in debt. Paying $20 a month for some type of life insurance policy in order to potentially leave your children $500,000-$1 million. Or you can open a 529 plan to invest in the stock market so that you will be investing in the stock market and your money will be growing tax-free. Try owning some type of real estate to pass to the next generation. There are so many ways to build generational wealth, you just have to get started.
It’s a fact that most Americans aren’t saving and live paycheck to paycheck, how do you advise someone who doesn’t prioritize savings to start doing so and build their emergency fund? What’s your golden rule when it comes to emergency funds?
Everyone should have at least 6 months worth of emergency funds. Start treating savings like it's a bill. Don't just pay your bills without paying yourself first. Automation makes it easier to save. Before you have the opportunity to spend that money, it's already set aside and you're able to invest in your retirement without even thinking.
Let’s say, we want to retire as millionaires, what are some seeds we could be planting now to ensure that we reap the fruits of our labor when we’re ready to retire?
If you want to retire a millionaire, practice investing every month. Investing $300 every month in an equity portfolio that will get you on average 8-10% which is a million dollars in 30 years. Making investing easy and not hard by automation. Try to invest a few hundred dollars every month. Find power through the power of compounded interest. Interest on interest is equivalent to racks on racks.
"Find power through the power of compounded interest. Interest on interest is equivalent to racks on racks."
With this being a season of unemployment in epic proportions and a recession looming, answer this important question: should you be dating while broke?
Dating while broke is very crucial. I don't think you should do anything beyond your means. Dating while broke is the same as clubbing while broke. Why would you be in the club spending money you don't have? I believe you can date on your way to being financially free but I don't think you need to incur unnecessary debt while dating. Date within your own budget and means. You can date for free. You have to be honest with the person you are dating. Don't lose track of your financial goals because you are trying to impress someone. The issue is when people don't stick to their financial plan. It's all about having a conversation about your dating expectations.
For more of Ross, follow him on Instagram and catch him on Revolt TV's Maconomics.
Featured image courtesy of Ro$ Mac
Luxury Hairstylist On Viral 'Hey Boo' Texts & Professionalism In The Hair Industry
As Black women, our hair is our crowning glory - whether we paid for it or not. We take pride in how we wear and take care of our hair. As with everything, hair care and hair styling have evolved over the years. Long gone are the days of Blue Magic (although I hear it’s making a comeback).
Now, we have a plethora of creams, oils, conditioners, shampoos, and stylists to choose from. Beyond wearing our natural curls, we have a range of options, from wigs and sew-ins to tape-ins, I-tips, and K-tips. So much choice! But you know what they say about too much of a good thing...
The Black hair industry has definitely blossomed in the last decade with a wave of new stylists and salons popping up all over the place. As much as I love that for us, many of these stylists have become the subjects of viral TikTok and Instagram tirades because of their alleged questionable behavior and bizarre rules.
Excessive policies, strange fees, long wait times, poor performance, and the infamous “Hey boo” texts. Beauty is pain, they say… xoNecole got to the root of these issues with luxury hair extensionist Dee Michelle, who’s been in the hair game for 20 years and runs a seven-figure business - all while being a mom of four.
Antonio Livingston
“I started my business with my career in the hair industry [at] very, very young age when I was maybe like eight...So, over the years, I've just built a very successful seven-figure business very quickly just by offering high-end services and creating great experiences for my clients, many of whom are high-profile professionals,” she said. “I'm also a mother of four, including a set of triplets, which inspires me daily to show what's possible with my hard work and focus.”
Dee’s business has gone viral on social media because of what many call outrageous prices for her invisible K-Tip installs.
“When I developed my invisible K-tip extensions technique, I made sure that it wasn't just about the hair or the style, but about providing a high-end experience from start to finish. So, my clients just aren't paying for the extensions or just the style itself, but they're investing into my meticulous, seamless craft and premium hair sourced from the best suppliers…I've spent so many hours mastering my craft, creating this seamless method that gives my clients long-lasting natural results, and my pricing just reflects that - the value of my expertise and the exclusivity of the service.”
The K-tip specialist stands on business when it comes to catering to her clients and giving them an experience worth the cost.
“And it's just important for me to also say that my clients are high-profile individuals who value quality, their privacy, and their time. They want a service that fits into their lifestyle and their time. They want things that deliver perfection. And I deliver that every single time.”
I’m sure we’ve all seen the various TikTok rants about people’s nightmare experiences with stylists and uttered a silent “FELT!” We asked Dee her opinion on a few nightmare scenarios that beg the response, “please be so forreal."
On stylists charging extra to wash clients’ hair:
“I think they should just include it in the price, to be honest. Because I feel like when clients go to a stylist, they're expecting you to wash their hair. Personally, if I see that washing is extra, I just wouldn't go to the salon because it just shows a lack of professionalism, in my opinion, and a lack of experience.”
“I think they should just include it in the price, to be honest. Because I feel like when clients go to a stylist, they're expecting you to wash their hair. Personally, if I see that washing is extra, I just wouldn't go to the salon because it just shows a lack of professionalism, in my opinion, and a lack of experience.”
On ‘deposits’ that don’t go towards the cost of the service:
“I think that's kind of weird, too, for deposits to not be like a part of the service. I've seen people have booking fees and I just don't understand it, to be honest. I disagree with that kind of policy…By all means, people should do what works for them, but to me, it doesn't make sense. Why does somebody have to pay a fee just to book an appointment with you? I don't get it. It feels like exploitation.”
On stylists charging extra to style (straighten/curl) wigs, sew-ins etc., after installing:
“I don't get it. Clients come to us to get their hair done, to get it styled. So why is it extra for you to style it? If you're going to charge extra, just increase your price. I feel like it could be just a lack of confidence in those stylists, feeling like people won't pay a certain price for certain things, or just their lack of professionalism as well, because people are coming to us to get styled.”
On the infamous “Hey boo” text stylists send to clients when they need to cancel/reschedule:
“Professionalism in any industry, especially the beauty industry, is everything. So texting a client the, “Hey boo” is so unprofessional, and it's damaging to the client-stylist relationship. Clients book their appointments expecting a level of respect and care, especially when they're investing their time and money and a service. And I get it, emergencies happen, we're all humans. However, it should be done with a formal apology and a clear explanation.”
“Professionalism in any industry, especially the beauty industry, is everything. So texting a client the, “Hey boo” is so unprofessional, and it's damaging to the client-stylist relationship. Clients book their appointments expecting a level of respect and care, especially when they're investing their time and money and a service. And I get it, emergencies happen, we're all humans. However, it should be done with a formal apology and a clear explanation.”
We know all too well what kinds of things will keep us from ever gracing certain hairstylists’ chairs with our butts again. So, what should hairstylists do to provide a good service to their clients? What is good hairstylist etiquette?
“For one, being on time is an important rule for stylist etiquette. It's just not okay to require your clients to be on time, and you're not on time. Also, communication. Being able to communicate clearly, respectfully, and professionally, whether that's in person, via text, or on social media. Style is etiquette. Appearance matters. So just maintaining a clean, polished, and professional look. Clients respect you more whenever your appearance reflects your work. There's just so many things, but another thing I would say is active listening. So, being able to pay close attention to what your client wants and also clarifying any questions that they might have. Just to ensure that they feel heard and to minimize any misunderstandings.”
Dee also shared some red flags to look out for when considering a new stylist.
“Even me as a client, if I'm booking somebody and they have a long list of rules, I don't even book with them. That's, for one, just such a huge turn-off. Also, stylists who have inconsistent or unclear pricing, that's a red flag. People who change their rates too much without an explanation. Poor communication. So, if a stylist is responding very slow or responding unprofessionally, or giving vague answers to questions, that can make clients question whether or not they are respecting their time and their needs.
Another red flag - an inconsistent or low quality portfolio. And I feel like, I see this a lot with stylists stealing other people's work, and their portfolio on social media is just very inconsistent.”
We couldn’t let Dee go without getting the tea on what styles she predicts will trend in 2025.
“I feel like people are going back to natural-looking styles. So, a lot of people are ditching the wigs, the lace fronts, things like that. People are still wearing them, of course, but it is becoming more of a trend to embrace your natural hair and something that's not looking too fake. That’s one thing that we're going to be seeing a lot. I would say a lot of layers are coming back, heavy layers. Those are becoming really, really trendy. And people are leaning more towards platinum-colored hair. I've been seeing lots of like blondes coming out. Also, jet black is always going to be a trend. But I would say more like natural colors, but natural colors that are still making a statement.”
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Feature image by Antonio Livingston.
One of my favorite things to do is kiss. In fact, kissing is so important to me that I once stayed with someone longer than I should’ve, in part, because he was such a good kisser (to the point where I can confirm that “kissing orgasms” are a real thing) and I also once broke up with someone because he absolutely sucked at kissing (ugh). Kissing is sexy. Kissing is sensual. Kissing is intimate.
And science says that kissing can boost endorphin levels in your body; reduce feelings that are associated with stress and anxiety; elevate your immunity; help to lessen allergy-related symptoms; soothe headaches and period cramp discomfort; make you horny (yes, literally), and even decrease your chances of getting cavities.
Yes, kissing is a good thing. A really good thing.
Oh, but as someone who is turning out to be one of my favorite philosophers (Aristotle) once said, the excess of a virtue can indeed turn into a vice — and as far as kissing is concerned, that can prove itself to be true in a way that some may have thought was nothing more than an urban myth: getting STIs (sexually transmitted infections)/STDs (sexually transmitted diseases) from doing it.
Yep, if you heard somewhere that you can get an STI/STD from puckering up, there is indeed some truth to that, so please take a moment to read more about it. That way, you can finally separate fact from fiction.
Bottom Line, Yes…You Can. However, the Risks Are Relatively Low.
Honestly, if you let it sink in that a kiss that lasts for longer than 10 seconds will result in about 80 million bacteria being exchanged, that alone should cause it to make all of the sense in the world that a kiss isn’t something that should be taken as casually as a lot of people do. And although, when it comes to STIs/STDs, it is far easier to transmit them through penetrative or oral sex, the reality is that there are some that can you get via saliva or the mucous membranes that are in your mouth (although infected saliva that is on something like a sex toy makes your chances much lower because STIs/STDs tend to “deactivate” once they are exposed to the air).
And since “low probability” doesn’t mean “absolutely not,” I think we should look into which STIs/STDs could become an issue whenever you go in for a smooch vs. the ones that you don’t really have to concern yourself with at all.
The STIs/STDs That You CAN Get from Kissing
So, here’s the deal: If you happen to have a cut in your mouth or you’ve got a cold sore, that can significantly increase your chances of being exposed to an STI/STD if your partner happens to have one. Which ones am I speaking of specifically?
- Herpes (more specifically, HSV-1)
- Syphilis
- Cytomegalovirus (CMV)
- Human Papillomavirus (HPV)
Now something that’s important to keep in mind about three out of four of these (herpes, CMV, and HPV), is that, although they are very treatable, they currently don’t have a cure. As far as the one that does have one (syphilis), it’s important that it’s discovered and treated in its early stages; otherwise, it can lead to things like weight and hair loss, infertility and, if ignored for too long, it can even become life-threatening.
I don’t know about y’all but, to me, this all sounds like valid enough reasons to be cautious when it comes to who you share your mouth with.
The STIs/STDs That You CAN’T Get from Kissing
Okay, so what STIs/STDs does science say you don’t have to worry about when you’re kissing someone?
- Chlamydia
- Gonorrhea
- Hepatitis
- Trichomoniasis
- HIV
- Pelvic inflammatory disease (PID)
The reason why is because these are all things that are spread through oral, anal, or vaginal sex acts (however, they can oftentimes be asymptomatic, so if you are sexually active, please make sure to get tested no less than once a year). That said, if you do happen to have one of these STIs/STDs, please show courtesy and respect to your partner by letting them know — even if sex isn’t currently on the table for you.
Although research does indeed say that kissing doesn’t put them at risk, they still have the right to decide if they want to move forward with intimacy, of any kind, while these health-related issues are being treated.
5 Ways to Reduce Your Chances of Getting an STI/STD from Kissing
Okay, so now that you can confidently separate what you should actually know (and take to heart) from what you may have randomly heard that couldn’t be further from the truth, if you’re curious about what you can do to decrease your chances of getting an STI/STD from kissing, I’ve got a few tips:
Take kissing seriously. Grandma said don’t put your mouth everywhere and she’s right. In a world that continually tries to gaslight us into thinking that we can (and damn near should) just do whatever with whoever without consequence, as you can see, that’s simply not true — especially when you take into account how wild it is that most of the STIs/STDs that you can get from kissing don’t have a cure.
Moral to this story: Your mouth is as valuable as every other part of your body. It is a privilege to kiss it, so please act accordingly. Oh, and don’t be afraid to ask about people’s sexual health status before letting them put their tongue all up and in your mouth. You know what they say — an ounce of prevention is always gonna be worth a pound of cure (or treatment).
Practice intentional oral hygiene. Hopefully, brushing and flossing on a daily basis are a given. What I mean here is you should look for signs of cold sores, cuts, or lesions in your mouth (including a blister that you may get from a burned tongue) on a weekly basis. If any of these are evident in you or your partner, it’s best to wait to kiss (if you haven’t BOTH recently been tested).
Y’all be careful with all of the sexy biting. Speaking of open wounds (relatively speaking, anyway), although I once read that, according to the Kama Sutra, biting lips while kissing is a sign of strong desire and sexual arousal, it can also leave cuts that could make you more vulnerable to getting sick. So, on this one, enter with caution. Straight up.
Don’t kiss when you’re feeling under the weather. Mono, colds and the flu, COVID-19, stomach viruses — these are some of the other things that you and your partner can give to one another while exchanging a kiss. Since some of the symptoms that are related to these may mimic some that come from an STI/STD, it’s best to not kiss when you are sick — not until you can confirm what you have and (preferably) the symptoms have passed.
Get tested on a regular basis. The only way that you are going to know for sure that kissing is a low-risk behavior for you and your partner is if you both get tested. If you’d prefer to do it from the comfort, convenience, and privacy of your own home, there are STI/STD tests that you can have sent to you (like the ones here, here, and here). They aren’t necessarily the cheapest in the world, yet they are pretty darn accurate and can give you the peace of mind that you seek.
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Listen, I am Team Kissing just as much as the next person. However, whenever I stop to think about all that goes on in a mouth, I thought it was important that you become aware as well. As I said earlier, a good kiss is pretty incomparable. Let’s all just make sure that we leave kisses better and not worse off after experiencing them — literally and figuratively.
Amen? I’m sayin’.
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Featured image by Vera Vita/Getty Images