Book gives sound advice

For many college students financial wealth doesn’t seem visible until after graduation.

“Smart Money Moves for African American” by Kelvin Boston offers students a reality check by pointing out that financial wealth and stability is available in college.

“Smart Money Moves” offers blacks advise on how to stabilize their economic status through early investing, paying for education, staying out of debt, financing a business and building and maintaining wealth.

Boston makes valuable points on how to establish financial wealth early and continue to build on it. With learning tools like the “no budget” budget, seven smart money moves to obtain the American dream and power investing.

Boston writes to achieve his objective that everyone should increase their net worth by $200,000 to $500,000 after practicing the programs offered in thebook.

The book also answers the many questions that seem to ponder the minds of blacks: why should blacks invest, what are the pros and cons of entrepreneurship and how to smartly manage credit?

Boston reveals 21 misconceptions people have about making money which includes: a rich man can’t get into heaven, money is the root of all evil, the best things in life are free and you can’t beat the system.

The book is not designed to be a quick read instead it would serve as a guide to and through financial success as it includes the power investing resource guide.

The guide includes a list of the top black businesses, black owned financial institutions and the top publicly traded black companies.

“Smart Money Moves” offers an outline and a blueprint to not individual success but financial success to the black community.

Boston provides statistics and proposal as he points out that blacks spend more than they earn, this is often the deciding factor in the path one would take to financial wealth. As a solution Boston suggests that blacks implement saving 10 percent of their disposable income to ensure they don’t break the bank when making purchases.

The book begins with a quote from Booker T Washington: “At the bottom of education, at the bottom of politics, even at the bottom of religion, there must be economic independence.”

As the book comes to an end it echoes the point of economic independence being the key that opens the doors to political success, aids the progression of religious institutions and aids the education process.

Kanya Simon can be reached at