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Personal Finances

Dame Dash vs. Lee Daniels: The Perils of Borrowing Money

Why borrowing comes with a price and the importance of paying lenders on-time

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Damon Dash publicized his rift with Lee Daniels earlier this week over the repayment of $2 million. Dash revealed he loaned Daniels the amount for the production of The Shadowboxer (2005) but has yet to receive his funds from the Empire creator.

Now, the famed director is sharing his side of the story to not only clear the air but to notify Dash that his money is on the way. In an interview with TMZ, Daniels expressed his discomfort with Dash’s approach at a Diana Ross concert earlier this month, but the moment made Daniels think about the heated situation.

“When nobody in Hollywood was giving me money, after my Academy award, unprecedented with Halle Berry, nobody was giving me money,” he said. “Damon’s crazy a** was crazy enough to give me money for The Woodsman and for Shadowboxer. The investment for Shadowboxer didn’t pay off.” Although Dash’s return on investment has yet to arrive, Daniels believes he’s at a financially stable point in his life to give the money back.

“I am in the position now to get it to him, so I’m going to get it to him because I think that’s the right thing to do,” he said. “It sadly took that wake-up call during Diana’s “Reach Out And Touch Somebody’s Hand” for me to realize that and for me to sit with myself.”

The Philadelphia native also attributed part of his success to Dash’s investment and said if it weren’t for the famed entrepreneur then “The Butler, and/or Precious, and/or Empire,” would not have made it to production.

“He was part of my journey, and for me to turn my back on that was wrong,” Daniels admitted.

Ash Exantus aka Ash Cash is one of the nation’s top personal finance experts. Dubbed as the Hip-Hop Financial Motivator, he uses a culturally responsive approach in teaching financial literacy. He is also a speaker, and bestselling author of six books. Ash has established himself as a thought leader and trusted voice with Corporate America, Colleges, Churches, and Community based organizations. Ash is best known for helping people maximize their full potentials by giving them the inspiration, tools, and resources needed to live their best lives. For more info on Ash please visit www.IamAshCash.com

Personal Finances

Serena Williams Umpire Controversy: Why Knowing (and Using the Rules) Against Financial Institutions is Important in Personal Finances

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Photo: GettyImages

Passion, as it pertains to sports, is what makes the game exciting, and when an athlete expresses that raw emotion, it makes for a more entertaining experience for the fans in the stand and viewers at home.

Unless you’re Serena Williams, then expressing emotion can cause you to lose the U.S. Open. Saturday, (Sept. 8) Naomi Osaka took the title defeating Williams, however, it was the 23 time Grand Slam Champion winner’s confrontation with umpire Carlos Ramos that made headlines.

During the final woman’s match, Ramos issued a warning to Williams over “coaching” because he thought her coach was giving her cues on the court. Williams disputed the matter stating “I don’t cheat to win, I’d rather lose.”

Ramos later gave her point penalty after she smashed her racket. She confronted him again to complain and called him a thief, to which he gave her “verbal abuse” penalty which cost her the game.

Backstage at a press conference, Williams said she hopes her expressing her emotions on the tennis court will one day be accepted among female athletes the way they are so liberally by male athletes.

“I just feel like the fact that I have to go through this is just an example for the next person that has emotions and that want to express themselves, and they want to be a strong woman, and they’re going to be able to do that because of today. Maybe it didn’t work out for me, but it’s going to work out for the next person.”

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Personal Finances

Will Smith & Secrets To A Lasting Marriage

Establishing Why Discussing Finances is Key in Building a Great Relationship

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Photo: GettyImages

It takes work, homie.

Will Smith and his wife Jada Pinkett-Smith are the contemporary role models for romantic relationships. They have been public about their hardships and the ways in which they have overcome them. The couple consistently dish advice about love on their respective socials. Today, Will Smith delivers a message through the words of Eric Thomas AKA Hip Hop Preacher.He uploaded a clip of one of ETs talks with a caption that sums up his interpretation of the speech: “There can be NO LOVE without LABOR!” The video shows Hip Hop inspiring a crowd to pay the price in order to salvage their failing relationships. He shares his own personal experience with passion.

“You can write me a letter and tell me. You can tell me on the phone you’re through with me. I invested too much. I invested too much to quit. I made too many sacrifices to give up. Listen to me, that’s why it’s so easy for you to quit, cause you ain’t paid nothing for it…If you leave, you will not leave me over the phone or through a letter. You will look me in my face and tell me you gone…after I bring you the roses.”

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Personal Finances

Jim Carey and Woke Nikes

Why Woke Capitalism is the New Trend for Brands and Consumers Alike

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Photo: Youtube

The comedian makes politics accessible.

Jim Carrey brought his usual boisterous self on the set of Real Time With Bill Maher. It took the guy less than 30 seconds to bring up an important social issue while humoring the crowd.

The actor proudly flaunted his footwear, resting his feet on the host’s desk. “Check this out. I went out today and bought me some Nikes!” The crowd cheered and laugh when he poked fun at the shoe’s symbolism: “I bought me some freedom-friendly Nikes!”

Although the whole bit was a show of humor, Carrey is serious about the state of American society. He worries about the generation of kids “growing up right now… who are learning to lie, that lying is OK, that it’s fake news, that you’re supposed to hate half the country.”

He preached a message of unity and tolerance towards others.

 “If anything, if anything, we’ve got to get back to a place where we realize that a vote is not who you are, and because you voted Republican you’re not stupid, you’re not different, you’re not worthless. I can break bread with anybody who voted for Trump, we could find some common ground to love each other. Just stop doing stupid s**t.”

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