Financial Uplift: He also outlines six habits that keep people broke and three foundational rules for financial freedom.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. George C. Fraser. A renowned networking expert and CEO of FraserNet. Here's a breakdown of the key insights and themes: 🔑 Key Highlights & Takeaways 🧠 Financial Wisdom & Wealth Building Dr. Fraser shares three foundational rules for financial freedom: Rent/Mortgage ≤ Weekly Income – Live within your means. Borrow Money Only to Make Money – Avoid debt for depreciating assets. As Income Increases, Cost of Living Should Stay the Same or Decrease – Invest the difference. He also outlines six habits that keep people broke: Not talking about money No emergency fund Impulse purchases Buying unnecessary sale items Paying bills late Improper use of credit cards 🏛️ WINDS Wealth Building Centers Created to combat financial illiteracy in Black America. Focus on mindset, habits, values, and solutions. Curriculum includes: Psychology and emotions around money Delayed gratification Four pillars of intergenerational wealth: Wealth management Real estate ownership Business development Entrepreneurship 🌍 Power Networking Conference & Fraser Nation A virtual nation concept launched before the pandemic. Offers access to: Black professionals and business owners Intellectual capital Products and services across the Pan-African diaspora Promotes virtual workshops, summits, and coaching. 💼 Entrepreneurship & Passive Income Encourages Black Americans to sell, not just buy. Suggests a multi-stream income strategy: Use 9–5 income to fund a side hustle. Use side hustle profits to invest. Let investments eventually replace your job income. 💬 Quotes & Wisdom “Stop living above your means. Stop living within your means. Live below your means and invest the rest.” “If you bake cookies, put them in a box, put your name on it, and sell it.” “There should not be a Black person in America with a single stream of income.” #SHMS #STRAW #BESTSee omnystudio.com/listener for privacy information.