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Power Women Share The Best Lessons Their Fathers Taught Them About Money
Father's Day may have come and gone, but any time is the perfect time to celebrate the men in our lives who have helped us in a multitude of ways. And for some of us, fathers have played a major role in how we view wealth, manage our finances, and hustle for the best out of life. According to recent research, more than 80% of American adults believe that parents are "the most responsible" for educating their children about money,
We caught up with a couple of power women to talk about the money lessons they learned from their fathers, and the lessons they hope to pass on to their children:
Instagram/simply.savonne
SaVonne Anderson, Founder & CEO, Aya Paper Co.
SaVonne Anderson's father, James Anderson, was an entrepreneur who graduated from Rutgers University and would later launch Anderson Aquariums. "He worked full-time in public education until 2007 when he pursued his aquarium maintenance business full time," she recalls. "I watched him successfully transition his hobby into a side gig, into a successful career that provided for our family."
Anderson got bit by the entrepreneurial bug as well, and now runs her own brand, Aya Paper Co., offering eco-friendly stationery. It's a product that reflects her passion for advocating for the environment and creating sustainability that will decrease waste.
She says one of the best pieces of advice she received from her father was when she landed her first job, working at a summer camp at 14. "My dad helped me set up my first checking and savings accounts, and the first thing he taught me was to put something in my savings all the time. It’s a simple habit that I still remind myself of to this day to make sure I’m always planning for the future," she said.
Anderson also would accompany her father to work as a child and would be tasked with handling checkbook balancing and keeping receipts. "As I got older, he helped me set up my first investment account and create a plan for how to pay student loans. Now as an adult with my own six-figure business and family to plan for, he is my No. 1 supporter from the sidelines and always reminds me that I have a lot of lessons and experience to rely on when things get hard."
She also learned a key lesson about enjoying the money you earn and the freedom it can bring. "Growing up, he worked very hard to make sure our family was always taken care of, often at the expense of doing things for himself. However, in recent years I’ve seen him slow down, and spend more time and money on things that bring him joy. He showed me that managing money doesn’t mean simply hoarding it, but using it to create a life I love."
Courtesy of Aryis T. Scales
Aryis T. Scales, President, Walker's Legacy Foundation
Aryis T. Scales spent her early years living with her father after her parents' divorce. She describes him as a "free spirit" who advocated for Black pride and power. One prolific memory she has of her father when it comes to money advice involved a real-life lesson on values that she got when she was 10 years old. "He said, ‘Never sell your soul to the devil.’ And I remember this conversation like it was yesterday," she recalled. "We were in the bathroom, and I had the hot water on and I said ‘Daddy, what if somebody offered you [money], would you place your hand under this hot water and let it burn you?’ And he said ‘Little Bit, no. And don’t you ever sell your soul to the devil.’ As soon as you start doing things that are in that nature or vein, you’re selling your soul and you don’t want to do that. As I think about my journey and relationship with money, I always strive to have a relationship that’s healthy, and a relationship that allows me to be authentic and true to who I am."
Her father passed away when she was a teen, and she is grateful for that early memory and other moments she was able to share with him. "He was a renaissance man, true and true. Just very eclectic, a non-conformist, not traditional and he was a Black nationalist," she added. "Growing up for me was my norm but it was unique compared to my friends and other kids in the neighborhood. I’d be in the house and he’d always be having these intellectual circles at the house. At any given day, it would be men and women sitting around talking about building Black economic power or Black liberation. He volunteered and had a center called the African Center where they did a lot of educational classes for people in the community."
She also remembers her father struggling to keep a job due to his free-spirited nature. "He was definitely a nonconformist. He was always in and out of work. Part of that is what also influenced me in the way that it did because I wanted to make sure that I always had financial security and stability."
Today, Scales balances her 9-to-5 as the president of a foundation whose legacy stems from hair industry pioneer Madam C.J. Walker, advocating for Black women in business. She's also become a successful entrepreneur in her own right, founding Abel Vision Enterprises, an organizational consultancy.
"I like to enjoy myself, but I just never want to be someone whose lifestyle is contingent upon me, essentially selling my soul. Always having to think about chasing money just to have a certain car, live in a certain neighborhood or to have certain clothes. I have all of that but I still do it in a way that’s below my means," she shared. "I make sure I pay myself first. Whatever I make, I don’t care if it’s from a paycheck, a contract, or a speaking engagement, 30% of that off top goes to me and goes to an investment or a savings or a new venture because I want to make sure I have security and freedom."
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This article is sponsored by Hulu.
UnPrisonedhas returned for its highly anticipated second season, delving deeper into the complex dynamics of the Alexander family.
The series premiere comes a year after its debut season garnered rave reviews from fans and critics and earned record-breaking ratings for Hulu's Onyx Collective brand. UnPrisoned's success can be attributed to its raw, relatable themes and comedic appeal.
Inspired by creator Tracy McMillan's life, the show follows Paige (Kerry Washington), a therapist and single mother whose life takes an unexpected turn when her father, Edwin (Delroy Lindo) --who was released from prison-- moves in with her and her teenage son, Finn (Faly Rakotohavana).
Throughout UnPrisoned's first season, viewers witnessed how Edwin's incarceration deeply affected Paige's life and relationships. In the series, Paige unpacks her trauma through interactions with her inner child and her online followers. Meanwhile, Edwin is overcoming specific struggles with his own past that led to his life of crime, including a dysfunctional upbringing and his mother's arrest. As the Alexanders attempt to reconcile, new challenges arise.
This new season promises to further explore their unconventional family dynamic. Here are several compelling reasons why season two of UnPrisoned should be on everyone's watchlist.
The Alexander Family Life Is Still In Shambles
UnPrisoned's second season resumes where the series left off, with Paige grappling with the fallout from her troubled therapy practice and Edwin navigating life independently after moving out. Meanwhile, Finn faces his own challenges. The teenager is battling anxiety and seeking information about his father—a topic Paige avoids discussing.
The Alexander Family Are Attending Therapy To Resolve Their Underlying Issues
Amid the chaos in their lives, the Alexander family decides to mend their bond by confronting their past traumas. They seek professional help and attend therapy sessions with a “family radical healing coach,” played by John Stamos, a new cast member. This collective effort aims to unravel the complexities of their shared history and strengthen their relationships.
The process of unraveling each character's internal conflicts and their potential impact on future relationships may clash with Paige's textbook therapy approach. While Paige is used to being in the therapist's seat in both career and family, this forces her into the unfamiliar role of a patient during therapy sessions. This shift would compel her to look in the mirror and try a radically different approach.
The Alexander Family Learned A Big Lesson During A Therapy Session
In therapy, the Alexanders are tasked with addressing their individual traumas to salvage their remaining relationships. One of the family therapist’s eccentric suggestions was an exercise involving a family wrestling match. During this session, Paige faces tough questions about her refusal to share information about Finn's father.
While it's unclear whether this scene is reality or fantasy, the image of the family duking it out in the ring certainly makes for hilarious yet compelling television.
Paige Tries Dating Again Following Failed Relationships
Amid her life's chaos, Paige decides to step back into the dating field. However, her many attempts have left her with mixed results. The dating apps have turned out to be a fail, and an outing with her ex Mal (Marque Richardson), who is also her father's parole officer, doesn’t go quite as expected after he brings an unexpected guest – his new girlfriend.
The situation takes an awkward turn when Mal's new partner learns why the former couple split, partly due to Paige's self-sabotage.
UnPrisoned Is A Perfect Balance Of Comedy And Drama
As a dramedy, UnPrisoned takes a comedic approach to its heavy subjects. The show takes us on a ride with Paige's dating misadventures and navigating a friendship with her ex.
Other lighthearted moments include Edwin's attempts at CPR based on online videos and, of course, the antics of the Alexander family's unconventional new healing coach.
The second season of UnPrisoned is now available on Hulu.
UnPrisoned | Season 2 Trailer | Hulu
Feature image courtesy
Summer Travel Guide: 9 Safest Vacation Spots For Black Women
When it comes to planning and choosing our international travels, there’s one question that is bound to come up: “Is it safe for Black women?”
At times, our travel plans can be halted by whether or not our desired destination is safe not only for solo travel but for overall protection as women of color. We want to have fun, go on excursions, taste the food, and let our hair down, so the last thing we need on our minds is navigating microaggressions and worrying about our safety.
According to a report by The Mandala Research Firm, 17% of Black Americans take one or more international trips and travel locally more than six times per year. Even more exciting, 42% of Black Americans said they would spend more in 2020 on travel than in 2019 (pre-Covid), and 50% of Black adults (16% more than the general population) are more likely to travel to locations associated with their ethnic or cultural heritage. All of this goes to show that we’re not afraid to pack our bags and book flights to our heart's desire.
Our passion for travel and exploration highlights a growing desire to connect with a wide range of cultures while discovering new fresh locales. By choosing destinations with positive reputations for safety and belonging, you can enjoy your next adventure with peace of mind. And to help, we’ve provided a list of the best vacation spots to add to our travel bucket list.
1.Havana, Cuba
Known for its vibrant culture and welcoming locals, Havana offers a unique travel experience for you and your girlfriends. Stroll through the historic streets of Old Havana and immerse yourself in the lively music and dance scenes that make this city unforgettable.
2.Rio de Janeiro, Brazil
Famous for its Carnival, stunning beaches, and warm hospitality, Rio de Janeiro is a lively and safe city to explore all year long. Don't miss a visit to the iconic Christ the Redeemer statue and the bustling Copacabana Beach for a true taste of Rio's energetic spirit.
3.Belize
With its beautiful beaches, diverse wildlife, and laid-back Caribbean vibe, Belize is a safe and adventurous destination for travelers. Discover the underwater wonders of the Belize Barrier Reef and explore ancient Lamanai Maya Ruins.
4.Paris, France
Who doesn’t have Paris, the city of lights, on their travel list? Renowned for its art, fashion, and iconic landmarks like the Eiffel Tower, Paris offers a blend of romance and safety for travelers. Wander through the charming neighborhoods of Montmartre and Le Marais, explore the Louvre, and indulge in the city's exquisite culinary delights.
5.Lisbon, Portugal
Portugal's capital city, Lisbon, charms visitors with its historic architecture, delicious cuisine, and welcoming atmosphere. Enjoy breathtaking views from São Jorge Castle and savor traditional pastries at the famous Pastéis de Belém bakery.
6.Bali, Indonesia
We’ve all seen the viral photos off the Bali coast and Gates of Heaven, so why not make it a reality? Famous for its lush landscapes, vibrant culture, and serene temples, Bali offers a safe and enriching travel experience in Southeast Asia.
7.Tokyo, Japan
Recently, the value of the Japanese Yen has seen a significant drop, making it the lowest it has been against the dollar since 1986, which also means that there’s no better time than now to make your travel plans to the renowned cultural hub.
8.Accra, Ghana
There’s no FOMO like the kind felt from seeing all the beautiful faces enjoying their holiday at Ghana’s Afrochella Festival, so let this be your sign to start planning the trip now. Often referred to as a welcoming home for the African diaspora, Ghana offers rich cultural experiences and a sense of belonging. Explore the vibrant markets of Accra and visit the historic Cape Coast Castle to connect with the nation's poignant past.
9.Seoul, South Korea
You may be surprised to find this city on the list, but for Black travelers, Seoul is said to be one of the safest and most exciting cities to travel to. There will be plenty to eat, buy, and experience from this city’s rich history and culture.
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Featured image by Klaus Vedfelt/Getty Images