Finance
Lauren London may have garnered her riches through a career in acting, but she is now more focused on sustaining wealth for generations to come. Like in some Black households, Lauren didn’t grow up learning about financial literacy. Rather, she was always in survivor’s mode, and the people around her were in similar situations. However, she never wanted to be a slave to the scarce mentality. The You People actress opened up about her relationship with money for a live taping of Assets Over Liability during Revolt World.
“I’ve had to work on my mindset around money as well and understanding that it’s an energy too. Even when I was not making enough to pay my car note and all this stuff, I always knew that if I had to put a lot of money into something, it was gonna come back,” she said.
“I never thought with a scarce mentality. I think because I grew up around a lot of people that did, it was like (gasp), steal from Peter to pay Paul, and I was like, I don’t wanna do that. Like, I know it’s gonna come somewhere, and then it would. I’ll get another job. At one point, I had three jobs.”
Now, not only is she learning about financial literacy and investing in real estate and looking to make other investments, her 14-year-old son Kameron Carter has also taken a liken to it. The mother of two revealed that Kameron, whom she shares with Lil Wayne, began taking stock classes during the pandemic and she encourages him to have an abundance mindset.
“As far as generational wealth, my son is 14, and it’s just about like his education on it. I didn’t have education on it,” she said. “My mom struggled. She was a single mom. She had three jobs, so I knew how to hustle, and I knew how to survive, so I was thinking with the mentality of survival rather than generational wealth.
She continued, “I didn’t have the mentality of abundance growing up, so I have those conversations with my son about abundance like you can have so much for so many people, not just yourself. For your kids and their kids and the community, and so we just have those conversations a lot.”
When asked what inspired him to research investing, she cited her uncle and her late partner, rapper Nipsey Hussle, who she shares her 7-year-old son Kross Asghedom with. Outside of his music, Nipsey became known for giving back to his community and speaking about investing and entrepreneurship.
Feature image by Robin L. Marshall/ Getty Images
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