For many Black millennials, navigating money can come with an added layer of pressure. It’s not just about bills or budgeting—it’s also about breaking cycles, supporting family, and trying to build something new from the ground up. In the midst of all that, financial freedom can feel like a lot of pressure instead of peace. But Kevin Peters, a financial advisor with over 30 years of experience, emphasizes one core habit: it’s not about how much money you make, but how much you keep. This principle is at the heart of every smart financial decision and is often the difference between staying broke and building lasting wealth.

Many people obsess over increasing their income yet find themselves with little to show for it. Some high earners struggle paycheck to paycheck, while others with modest incomes have financial security. Why? Because money habits matter. It’s not the size of your paycheck that guarantees stability, it’s how intentionally you manage what you already have.

One essential habit is budgeting. Knowing exactly where your money goes allows you to make better decisions, reduce unnecessary spending, and plan for the future. Budgeting isn’t just for those struggling financially; it’s a foundational tool for anyone looking to build wealth over time.

But financial literacy goes beyond habits, it’s also about managing financial stress, which is one of the heaviest burdens many people silently carry. Often, the stress is intensified by shame and the pressure to maintain a façade. For instance, someone may drive a flashy new car and appear successful, but behind closed doors, they’re drowning in debt. The silence surrounding financial struggles can be isolating and even dangerous.

To manage stress, Kevin prioritizes self-care. He hits the gym five times a week, not just for fitness, but to disconnect and refocus. That hour of movement helps him process and release the day’s pressures. While exercise works for him, everyone is encouraged to find their outlet for relief. Financial stress, if not managed, will weigh you down.

Overcoming financial stress starts with acknowledging there’s a problem. Many people suffer in silence, afraid to admit they’re struggling. But naming it is powerful. Once you’re honest about your situation, you can seek support—whether it’s guidance from a financial expert or simply creating a debt repayment plan.

Why This Matters: Money isn’t just about numbers, it affects your peace of mind, your health, and how you show up everyday. Developing strong money habits and addressing financial stress head-on can transform more than your bank account. It frees you from the constant pressure to perform and allows you to make choices from a place of confidence instead of fear.

It all starts with keeping more of what you earn, being honest about where you stand, and making intentional moves toward financial peace. Wellness is Wealth.