Jay-Z’s financial advice for financial security of your family

“So I got daughters on the way

If the prophecy’s correct

Then the child should have to pay

For the sins of a father

So I barter my tomorrows

Against my yesterdays

In hopes that she’ll be OK

And when I’m no longer here

To shade her face from the glare

I’ll give her my share of Carol’s Daughter”

(from Jay-z’s hit song Beach Chair)

What Jay-z is referring to here is that he owns a share in a natural cosmetics company called Carol’s Daughter and he will leave that share to his daughter to financially take care of her.

Jay-Z is smart. He is investing his money not only in his businesses but also in other businesses. He knows that today anything can happen in the market. One of his motives for investing is to take care of his family. He is smart with his money (aha, that’s what Beyonce saw in him!) He is investing his money because he knows that no matter how much you earn the only thing that matters is if you know how to manage it and invest it.

Financial security first

Do you have a family? Or do you plan to have one? Investing will give you the additional financial security that your family needs in order to live a happy life. I think you’ll agree that in life a lot of unpredictable things happen – like illness or accidents?

As they say, “Money isn’t everything, but happiness alone can’t keep out the rain.”

Did you know that approximately 65% of couples argue about money on a regular basis? And did you know that, according to Ron Leiber of The New York Times, 45% of all divorces happen because of financial problems?

It’s a fact: not investing a part of your income may as well ruin your marriage or even worse! It can lead to…

“When money problems arise, many women have a really hard time having a sexual response. For women, safety and security are part of their languages of love. Women need that in order to relax and enjoy “quality time” with their husbands. In the middle of a financial crisis, sex is the last thing on many women’s minds.” (Amie Streater)

I’ll try to convince Jay-z to write a new rhyme that starts with: “Invest if you wanna get…”.