Having loser wrong friends can ruin your finances - Dr Boyce Watkins

Опубликовано: 01 Январь 1970
на канале: The Black Business School

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Having the wrong friends can ruin your economic possibilities - Dr Boyce Watkins

Research by Harvard economist Raj Chetty and his colleagues, which explored the influence of growing up in wealthier neighborhoods on economic outcomes. The study, part of the Opportunity Insights project, found that children who grow up in higher-income areas are more likely to experience upward mobility and achieve higher incomes as adults. The research emphasized the importance of "neighborhood effects," showing that the environment in which a child is raised, including exposure to wealthier peers, access to better schools, and community resources, plays a significant role in their future economic success. The study suggested that social networks, role models, and economic opportunities in wealthier areas contribute to better financial outcomes for those growing up in such environments.

Dr. Boyce Watkins is a leading finance expert, entrepreneur, and author known for his work in empowering the Black community through financial education. He holds a PhD in Finance and has been featured in major media outlets such as CNN, BET, and The New York Times. Dr. Boyce founded The Black Business School, helping millions learn to invest, build wealth, and create generational financial independence. His bestselling book, *The 10 Commandments of Black Economic Power*, serves as a blueprint for achieving economic success. To learn more or engage with his programs, visit BoyceWatkins.com.

For a free list of his favorite AI stocks, text the word 'Stock' to 87948.