7 financial lessons from hip-hop

Love or hate the beats, there's no music more money-conscious than hip-hop. Between the rhymes, rap stars have some legitimate financial advice, experts say.

By Christina Couch, Bankrate.com

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239Comments
Apr 2, 2013 10:38PM
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Some of this is actually good advice. But I'm sure people will be more concerned with the source of the advice rather than the advice itself.
Apr 13, 2013 6:18PM
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Rap is not my cup of tea, but have no objection as long as they keep it clean.  Racism should never enter into the picture, but saddly it does. 
Apr 13, 2013 5:37PM
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It amaze me, how all you people  have all this sense, and broke as hell.

You're smart, but these dumb thugs are living in mansion. They work  a couple

of days, and you must work a year, and still lack. How did a dumb a__s do it.

You can't figure it out; can you. So to feel better about yourselves, you have

all these comments about this and that. After you get through with your comments,

go sit your broke a_s down.

Apr 13, 2013 5:08PM
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Why hate sooooo much!. If you do not like it, move on. Silly. The bad part is most of it comes from racism. However, you haters and racist punks keep fueling the fire of the American decline. We need you. We need you to keep up the hate.

For my brothers out there making their money...keep making it.

No one is saying anything about how classless Modonna, Britney Spears, Linsdey Lo-ho-Land,, are living their lives and making their money. SO WHATEVER!!!

 

The Source of the advise does not matter. Did not Kennedy become the President of the United States, I'm we all know how is family made their money...a bunch of dealers.

 

You see it's ooooKKKay when you do things. Keep up the hate...We love you.

Apr 13, 2013 4:06PM
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I know Commons dad, and I can see his son got a lot of wisdom from him.  I am glad to call his dad one of my best friends, met him at the VFW in Denver and always have a good talk with him, a very interesting man.
Apr 3, 2013 9:08AM
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"Hold off on all the jewelry and the cars. Straight up ... (the rap business is) not a 9-to-5. says Yung Joc as the photo has him wearing a huge H gold necklace that I am sure cost more than my cars.
May 14, 2013 9:05PM
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A majority of these Rap/Hip Hop Artist have been in the Music business for over ten years. They do not owe the IRS and most are listed on the Forbes top 500 list. To be this is a person with sound business ethics and planning. They have millions of Fans worldwide and provide entertainment.

If you don't care for Rap/Hip Hop that is okay, just don't buy what they produce. But all the name calling and duplicitous behavior is revolting.

May 15, 2013 12:31AM
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how refreshing.  a topic focusing on hip hop success and something positive.  Love it.

Apr 13, 2013 9:28PM
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I'm not even sure what constitutes a Benz income.  I'm driving a Monte Carlo.
Apr 13, 2013 11:48PM
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People have different tastes of music, but this is also good to take as advice.
Apr 13, 2013 7:44PM
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ITS SO FUNNY... for years people attacked rappers for investing their money in jewelry instead of investing in the stock market until the market crashed and likes of people like Madoff. Then when Gold and natural stones remained resilient for many years then nobody had nothing to say and many in the community made money because non Caucasians tend to drift towards these items.

Apr 13, 2013 6:27PM
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You should pay your taxes first.  Money be gone, taxes still due!
May 14, 2013 10:00PM
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Do you you have a problem with Ted Nugent, the draft dodger who wraps himself with the flag ?

Apr 13, 2013 11:46PM
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next time buy a small  car then put your money in the bank

 

May 15, 2013 12:34AM
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I believe they have really good advice.

I know the saving looks scary but I have saved and invest from my modest job a entire year of my income. I plan to continue. I say this to say i did most of it by socking away my raises as they came in never had it never missed it.

 

I have also started planting a 85 fruit trees, a garden, and I am in the  planning stage of a  Aquaponic system. This is all part of the one to reduce expense, since food prices are going up and you can grow healthier food yourself...

Apr 13, 2013 10:33PM
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That's sound advice.  "Bentley" money is that (old) money....like  DuPont's, Rockefeller's, Kennedy's, Wal-Mart's  and Johnson & Johnson. Live within your means.... don't keep up with the Joneses.
Apr 13, 2013 11:57PM
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these guys are as human as the rest of us but once you sit down and think you can not take it with you so try to get some back for a rainy day if you get , i think that they finally realize that and that a good thing.
Apr 13, 2013 6:48PM
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How does It go in the Scriptures? "..wisdom is known by her children"  Far too many of these people simply don't look down the road and keep the future in mind - star this and that, no one is guaranteed tomorrow...all the fame and prestige in the world and it still costs you $4 to buy a cup of Starbucks (unless the price has gone up)
May 14, 2013 9:54PM
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In any kind of music, you must own the production, masters or, label to make any money to worry about saving or investing anyway. 
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