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DBS DeForest B. Soaries, Jr.


DBS's posts

The Financial Success Of Each Generation Should Improve, But They Can’t Do It Alone

“You’re expected to do better than the last generation,” is a saying that is heard frequently in Black households, and I heard it plenty when I was growing up. Yet many of us have been worried lately about the prospects for generational economic gains, particularly in African-American and other poor communities. While it’s encouraging that a recent survey (by MTV...

Why Conquering Debt Isn’t Something You Should Try To Do Alone

Whether it’s reconnecting with inspirational people, feeling the relief of being welcomed with open arms by others or feeling the excitement of a long-standing rivalry, there’s nothing like homecoming. It’s a jubilant time for growth and celebration. It’s a time to reflect on the past, to revel in the present and to hope for a brighter future.I’d like to...

Why Black Kids Are The Key To Closing Generational And Racial Wealth Gaps

My wife has a twin brother. So, a few years after we married when it was time to start our family, when I began praying we would have twins she thought I was crazy. Twins are very expensive. You have to buy two of everything. They were very expensive then and they are very expensive now. Yet, the boys have never heard me say, “I can’t afford it.” They’ve heard me...