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Actress Jada Pinkett Smith is just like you. The mom-of-two is not willing to loan money to broke family members because "I'm not trying to have fallouts over money."

In other words, Jada will give loved ones her pocket change, but if a family member needs a loan for a new car or a new house, they are out of luck.

The Girls Trip star has set strict rules for herself when it comes to sharing her wealth, because she doesn't want relationships to be ruined over someone's failure to repay a loan.

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Jada explained her stance on the latest episode of her Facebook Watch show Red Table Talk, as she helped a wealthy viewer named Samantha to navigate the "awkward" situation of feeling obliged to lend cash to relatives.

"For people like us, who came from backgrounds where we didn't have much, don't feel guilty," Jada advised. "I spent so many years feeling guilty and my guilt made me feel like I owed everybody and I wasn't allowed to say, 'No.' And that's just not true, right?"

Will Smith's wife continued, "First of all, I don't lend money. I only give money that I am willing to give like, 'This is a gift.'

"I do not lend money because that turns into a lot of problems, just as far of the expectation of people paying you back or what have you. So I tend to not give where I can't just say, 'Here's a gift to you.' Specifically people who are close to me, 'cause I'm not trying to have fallouts over money."

Jada says she will only come to someone's financial assistance if they are truly ready for the help.

"So it's like, somebody's like, 'I want a new house,' but they don't have a job to support the house they're trying to buy. It's like, 'Well, you're not ready for that.' So I'm not about to help you get into something that ultimately is going to make more difficulty for you, right? And so, I really had to look at that. So I've also learned to help people with resources, with education."

Concluding her money advice to Samantha, Jada added, "Don't feel guilty just because we got our grind on. You don't owe nobody nothing."

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Kanye West recently bragged that he was a billionaire. But watchdog groups are questioning why Kanye received $5 million in small business loans.

They say Kanye's PPP loan is a conflict of interest, given his vocal support of President Trump and his visits to the White House.

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According to the Dailybeast.com, Kanye received a multi-million-dollar loan as part of the federal Paycheck Protection Program (PPP) to help small businesses retain their employees and pay their utilities.

Kanye, who recently announced he is running for president, is among a list of millionaires and billionaires who took advantage of the federal program that was intended to help small businesses.

READ MORE: The impact of COVID-19 on businesses

The list of companies with under 500 employees that obtained PPP loans of more than $150,000 was made public on Monday.

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Yeezy LLC, a California company, is listed on the Treasury's log as a recipient of a loan worth between $2 million and $5 million.

The company self-identified as being Black male-owned with 160 employees. West's Yeezy sneaker division earned over $1.5 billion last year.

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Both Kanye and his wife, Kim Kardashian, claim to be billionaires, according to Forbes magazine.

"I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire," Kanye tweeted.

Trump's son-in-law Jared Kushner's company is also on the list after receiving millions in a PPP loan.

I don't know how true this story is. According to a report on EURweb.com, Janet Jackson's husband has cut off her brothers financially. Janet has been known to bail her older brothers out of financial difficulties in the past.

"Janet had to change her phone number so that her mom, Katherine, was the only family member with direct access to her," a source told The National Enquirer. "But now Janet’s brothers try to get to her through their mom.”

Janet married Middle Eastern multi-millionaire Wissam Al Mana in a secret ceremony in February. But now that she is entitled to his money he wants to keep his cash out of her brothers' hands.

Janet was 5 when her brothers earned worldwide fame as the Jackson 5. The original members include Jackie, 62, Tito, 59, Jermaine, 58, and Marlon, 56. Younger brother Randy, 51, joined the group in 1975.

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Quick, when was the last time our country was in a recession? If you don't know the answer to that question then the impending recession won't affect you so much. Analysts predict a recession looming on the horizon and the wrong people are worrying about it. The Chicken Little syndrome ("the sky is falling!") is in full effect because our people watch too much CNN. Folks who don't even know the definition of recession are talking about pulling their last $20 out of the bank.

The truth is the recession doesn't affect black people so much because, hell, we're always in a recession. What's the difference to us between a recession and just being black in a white man's world? Aren't we always the last hired and first fired? Aren't the words "laid off" as familiar to us as "chicken and waffles"? Don't we already get stuck with the highest interest rates on anything we buy? Are bankers lining up to give us loans?

The last recession was in 2001, albeit a mild one, but the point is most in the black community don't remember it. Last night a friend of mine said there hasn't been a recession in the last 28 years - and yes, he's black and educated.

Not to make light of a situation that has many white people nervous and checking their stocks every 5 minutes - but, do you own stocks? Do you own a plot of land that doesn't have a lien on it? Do you have over $5000 in the bank? Do you have at least one major credit card that isn't in the red? If you made the minimum payment on that credit card over the next 20 years would you pay the balance off?

If your answer to those questions are mostly no, then you have nothing to worry about. You'll be just fine.