Comments on: Get Your Money Right: The Hip-Hop Summit Action Network http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/ Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more. Fri, 24 May 2013 04:47:47 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: rhbee http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-110927 rhbee Sun, 06 Jan 2008 15:44:53 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-110927 What I like about this article and similar ones that have chronicled the work of Russell Simmons and Mos Def is that the story confronts the stereotype that our conservative side has created about rap and rappers, hop and hoppers, on back to the time when it was called "negro music". The strain of social consciousness that has always run through the music has often been denied by this predjudice. Now, with the advent of the internet and the opening up of cross-culturalism across the board and around the world, this type of experience is happening more and more. Although I do have to laugh when Dennis Hopper tells me about saving my money on tv. What I like about this article and similar ones that have chronicled the work of Russell Simmons and Mos Def is that the story confronts the stereotype that our conservative side has created about rap and rappers, hop and hoppers, on back to the time when it was called “negro music”. The strain of social consciousness that has always run through the music has often been denied by this predjudice. Now, with the advent of the internet and the opening up of cross-culturalism across the board and around the world, this type of experience is happening more and more. Although I do have to laugh when Dennis Hopper tells me about saving my money on tv.

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]]> By: stereogum http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81719 stereogum Tue, 20 Mar 2007 17:33:11 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81719 <strong>Investment Tips For Mims...</strong> The UK may have a momentary mobile obsession with the Crazy Frog, but 25-year-old rapper Mims has stumbled upon a different recipe for cellular success in the States: Write a self-celebrating song, be embraced my a nation of ringtone junkies.......

Investment Tips For Mims…

The UK may have a momentary mobile obsession with the Crazy Frog, but 25-year-old rapper Mims has stumbled upon a different recipe for cellular success in the States: Write a self-celebrating song, be embraced my a nation of ringtone junkies…….

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]]> By: links for 2007-03-18 | A Whole Lotta Nothing http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81555 links for 2007-03-18 | A Whole Lotta Nothing Sun, 18 Mar 2007 08:21:33 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81555 [...] Get Your Money Right: The Hip-Hop Summit Action Network “It’s not about making money. It’s about keeping money.” (tags: hiphop money advice) [...]

[...] Get Your Money Right: The Hip-Hop Summit Action Network “It’s not about making money. It’s about keeping money.” (tags: hiphop money advice) [...]

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]]> By: Greg C http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81522 Greg C Sat, 17 Mar 2007 20:12:06 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81522 Yep, tithe to yourself. At least make sure that's one of them. I am not religious, but I would have to think God would want you to take care of yourself and not leave it to prayer. Yep, tithe to yourself. At least make sure that’s one of them. I am not religious, but I would have to think God would want you to take care of yourself and not leave it to prayer.

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]]> By: Schizohedron http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81516 Schizohedron Sat, 17 Mar 2007 15:10:51 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81516 I pay my tithe to my emergency fund! I pay my tithe to my emergency fund!

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]]> By: Mike Panic http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81509 Mike Panic Sat, 17 Mar 2007 08:07:26 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81509 <i>looking at their lifestyle (with the houses, rims, cars).. it makes you wonder how much money they are investing or really holding on to?</i> They don't, a good majority of rappers come from poor backgrounds, they come from the mindset that they need to spend today because tomorrow might not be here. A lot of hip-hop is also self run, major labels didn't start looking at it as a profitable way of making music until the mid 90's and even then started to second guess themselves. Just like the skateboard and bmx industries, hip-hop is self run for the most part. The major players in it own their own albums, have family members make their beats and go on tour with close friends and family. Most bigger stars also have their own clothing line, clubs, line of watches, endores just about any product they can, all for more money. looking at their lifestyle (with the houses, rims, cars).. it makes you wonder how much money they are investing or really holding on to?

They don’t, a good majority of rappers come from poor backgrounds, they come from the mindset that they need to spend today because tomorrow might not be here.

A lot of hip-hop is also self run, major labels didn’t start looking at it as a profitable way of making music until the mid 90′s and even then started to second guess themselves. Just like the skateboard and bmx industries, hip-hop is self run for the most part. The major players in it own their own albums, have family members make their beats and go on tour with close friends and family. Most bigger stars also have their own clothing line, clubs, line of watches, endores just about any product they can, all for more money.

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]]> By: db http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81473 db Fri, 16 Mar 2007 19:32:08 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81473 I saw that article too and was going to blog on it, but you did a much better job than I would have! Way to go JD. I don't like hip-hop, but this article did improve my view of the hip-hop artists named. db I saw that article too and was going to blog on it, but you did a much better job than I would have! Way to go JD.

I don’t like hip-hop, but this article did improve my view of the hip-hop artists named.

db

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]]> By: Angie http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81466 Angie Fri, 16 Mar 2007 18:09:46 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81466 JD, do you mean to tell me that Cyndi Lauper *wasn't* singing "Girls Just Want to Have Funds"? JD, do you mean to tell me that Cyndi Lauper *wasn’t* singing “Girls Just Want to Have Funds”?

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]]> By: anonymous.. http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81463 anonymous.. Fri, 16 Mar 2007 17:23:36 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81463 i'd rather pay tithes in other ways.. like giving money to my godchildren.. or trying to help out the people i grew up with (and society in general) any way i can i come from a rather religious family.. and i went to catholic school my whole life.. but now that i'm grown.. i don't even go to church anymore.. and i wouldn't feel comfortable giving 10% to my parish.. my faith is my own personal relationship with God.. just my opinion.. i’d rather pay tithes in other ways.. like giving money to my godchildren.. or trying to help out the people i grew up with (and society in general) any way i can

i come from a rather religious family.. and i went to catholic school my whole life.. but now that i’m grown.. i don’t even go to church anymore.. and i wouldn’t feel comfortable giving 10% to my parish.. my faith is my own personal relationship with God.. just my opinion..

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]]> By: archipelagoinaseaofconfusion http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81462 archipelagoinaseaofconfusion Fri, 16 Mar 2007 17:08:54 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81462 "From LeToya Luckett, a former member of Destiny’s Child: “Pay your tithe to whomever it may be to. Don’t worry about what that preacher’s going to do with that money. Is he gonna buy a new helicopter or a new car? Don’t worry about that. Get off your butt and do what God sent you here to do.” " I can't say I agree with this one. God didn't send you here to fund crooks. There is nothing wrong with donating, but investigate the charities before you donate. “From LeToya Luckett, a former member of Destiny’s Child: “Pay your tithe to whomever it may be to. Don’t worry about what that preacher’s going to do with that money. Is he gonna buy a new helicopter or a new car? Don’t worry about that. Get off your butt and do what God sent you here to do.” ”

I can’t say I agree with this one. God didn’t send you here to fund crooks. There is nothing wrong with donating, but investigate the charities before you donate.

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]]> By: creamcitian http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81460 creamcitian Fri, 16 Mar 2007 17:00:49 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81460 “Pay your tithe to whomever it may be to. Don’t worry about what that preacher’s going to do with that money. Is he gonna buy a new helicopter or a new car? Don’t worry about that. Get off your butt and do what God sent you here to do.” really? is the implication that god sent us here to pay tithes? why wouldn't i worry about what someone else is going to do with my money? “Pay your tithe to whomever it may be to. Don’t worry about what that preacher’s going to do with that money. Is he gonna buy a new helicopter or a new car? Don’t worry about that. Get off your butt and do what God sent you here to do.”

really? is the implication that god sent us here to pay tithes? why wouldn’t i worry about what someone else is going to do with my money?

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]]> By: HC http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81456 HC Fri, 16 Mar 2007 16:05:32 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81456 Grandmaster Flash and the Furious Five were just inducted into the Rock and Roll Hall of Fame. Superrappin' was released in 1979. You aren't too old. At any rate, I'm glad this tour is going on. Hopefully the attendees will get a lot out of it. However, I find the idea that you shouldn't care where your tithe is going ludicrous. If your spiritual adviser is going to spend the funds on a helicopter, then perhaps it is time to find a new faith community. (To be fair, my feelings about tithing are somewhat unorthodox.) Grandmaster Flash and the Furious Five were just inducted into the Rock and Roll Hall of Fame. Superrappin’ was released in 1979.

You aren’t too old.

At any rate, I’m glad this tour is going on. Hopefully the attendees will get a lot out of it.

However, I find the idea that you shouldn’t care where your tithe is going ludicrous. If your spiritual adviser is going to spend the funds on a helicopter, then perhaps it is time to find a new faith community. (To be fair, my feelings about tithing are somewhat unorthodox.)

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]]> By: jason knight http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81454 jason knight Fri, 16 Mar 2007 15:48:13 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81454 I think you could associate the spending on cars, rims, houses, and the "club" as a marketing cost. Something tells me that "PrudentMC" isn't going to move a lot of records. A lot of hip hop is fantasy, so it is nice to see the artist pulling back the veil on consumption. Great post J.D. (I started my day of with a smile). I think you could associate the spending on cars, rims, houses, and the “club” as a marketing cost. Something tells me that “PrudentMC” isn’t going to move a lot of records.

A lot of hip hop is fantasy, so it is nice to see the artist pulling back the veil on consumption.

Great post J.D. (I started my day of with a smile).

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]]> By: Golden Lady http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81453 Golden Lady Fri, 16 Mar 2007 15:38:47 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81453 As a hip hop fan, I'm really glad to see something like this being held. Too many kids who listen to hip hop get caught up in the lifestyle and the image some artists present without seeing the consequences. Believe it or not, I think fiscal responsibility is actually on the rise in the hip hop community. Many of the most popular rappers out today have come from small start up labels rather than big companies - people who started out selling records out of the trunks of their cars. I think that when you start out that way - day in and day out, dollar by dollar - it makes you more likely to be smart about where your money goes. In the last couple of years I've noticed more and more artists talking about why they've left the "bling bling" lifestyle behind and started saving for the future, as well as finding ways to make a living that aren't dependent on their music careers. For instance, Paul Wall (out of same scene in Houston as Slim Thug) owns a jewelry business specializing in custom "grills". Trina (a female rapper out of Miami) is a real estate agent in her off time, selling big ticket homes to the contacts she has made in the music industry. They may be exceptions to the rule, but I figure it's a step in the right direction. As a hip hop fan, I’m really glad to see something like this being held. Too many kids who listen to hip hop get caught up in the lifestyle and the image some artists present without seeing the consequences.

Believe it or not, I think fiscal responsibility is actually on the rise in the hip hop community. Many of the most popular rappers out today have come from small start up labels rather than big companies – people who started out selling records out of the trunks of their cars. I think that when you start out that way – day in and day out, dollar by dollar – it makes you more likely to be smart about where your money goes. In the last couple of years I’ve noticed more and more artists talking about why they’ve left the “bling bling” lifestyle behind and started saving for the future, as well as finding ways to make a living that aren’t dependent on their music careers. For instance, Paul Wall (out of same scene in Houston as Slim Thug) owns a jewelry business specializing in custom “grills”. Trina (a female rapper out of Miami) is a real estate agent in her off time, selling big ticket homes to the contacts she has made in the music industry. They may be exceptions to the rule, but I figure it’s a step in the right direction.

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]]> By: anonymous.. http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81451 anonymous.. Fri, 16 Mar 2007 15:25:30 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81451 it's amazing how much money some of those hip hop artists make.. especially the ones who have their own independent record label and get the majority of profits from their record sales looking at their lifestyle (with the houses, rims, cars).. it makes you wonder how much money they are investing or really holding on to? at the end of the day it is a business.. and they have to be smart about the decisions they make it’s amazing how much money some of those hip hop artists make.. especially the ones who have their own independent record label and get the majority of profits from their record sales

looking at their lifestyle (with the houses, rims, cars).. it makes you wonder how much money they are investing or really holding on to? at the end of the day it is a business.. and they have to be smart about the decisions they make

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]]> By: Jim http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81450 Jim Fri, 16 Mar 2007 14:53:30 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81450 Brett totally beat me to it! Great post - sage financial advice with a twist of humor. Love it. Brett totally beat me to it!

Great post – sage financial advice with a twist of humor. Love it.

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]]> By: rotten bananas - » Hip-Hop Artists Teach Personal Finance (or: icicles in hell) http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81448 rotten bananas - » Hip-Hop Artists Teach Personal Finance (or: icicles in hell) Fri, 16 Mar 2007 14:38:40 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81448 [...] here. Ran into it over at Get Rich Slowly. Bun B held up his silver chain to show off the 4-inch-square, diamond-encrusted “B” [...]

[...] here. Ran into it over at Get Rich Slowly. Bun B held up his silver chain to show off the 4-inch-square, diamond-encrusted “B” [...]

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]]> By: Brett http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/comment-page-1/#comment-81447 Brett Fri, 16 Mar 2007 14:34:42 +0000 http://www.getrichslowly.org/blog/2007/03/16/get-your-money-right-the-hip-hop-summit-action-network/#comment-81447 JD- Just look at the picture of Flock of Seagulls. The hair screams "I have an IRA... and I contribute regularly." I would take them seriously. JD-
Just look at the picture of Flock of Seagulls. The hair screams “I have an IRA… and I contribute regularly.” I would take them seriously.

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