Mom Sends Daughters to College Debt Free, Teaches Other Black Families How to Build Wealth
Tanya Taylor has spent more than 24 years on Wall Street in the banking and insurance industries.
Her experience gave her the knowledge to set up a retirement plan and send her two daughters to the college of their choice — debt free.
After witnessing the impact of pandemic on Black families, the certified public accountant with an MBA in strategic management wanted to use her power for good.
Taylor, who utilized a 529 plan and custodial accounts to build a college portfolio for her children exceeding $615,000, created a financial education platform to teach others how to ditch debt and establish a 6-figure retirement plan.
She teaches you how to create a plan to get your finances on track.
Her service Grow Your Wealth 10x emphasizes that there is no straight path. The former stock auditor opened up about her own roadblocks in hopes of inspiring others.
Taylor migrated to New York City from Jamaica when she was 16 with $100 in her pocket. She talked about jobs where she wasn’t paid much but learned to save. She also discussed how her credit took multiple hits along the way.
“After graduating junior college, unable to obtain a job, I ended up working on the Upper West side of Manhattan as a live-in babysitter, making $200 per week,” Taylor shared on her website. “This gave me exclusive access to how the wealthy lived. Seeing the disparity between my community and the wealth, I vowed that I would create my own wealth and help anyone else I could.”
Even without any current plans in place, Taylor believes Black families can achieve goals of building wealth. She has the personal finance and tax planning expertise to know.
She has a retirement portfolio that allows her to travel the world, and she offers a free e-book on the subject.
“I have had many bumps, bruises, tears, fears, pain and a whole of therapy! The lessons and strategies that I have learned are immeasurable,” Taylor stated. “You can learn these strategies that have worked for me and avoid the mistakes I made, no matter where you are in life.”