I recently wrote an article on why the racial wealth gap exists.
The article was published on Andy Hill’s “Marriage, Kids, and Money” platform.
This topic is close to my heart as I aspire to do what I can to help bridge the gap through financial education.
Below is an extract from my guest post. I hope that you take a few minutes of your time to read the full article by clicking the link below. Thank you for your support.
“With the recent uprising in the United States, the modern-day version of the Civil Rights Movement has picked up steam. For the first time in decades, there is increased national attention regarding the plight of Black people in the country.
According to a recent study by Northwestern University, for every dollar a White family has, a Black family has one cent.
There are extensive reasons why the wealth gap exists and continues to grow. Attempting to close the gap requires understanding the problem and the main drivers contributing to economic and social inequalities.”
Why the Racial Wealth Gap Exists (and What You Can Do To Help)
Related post: How companies can be anti-racist.
Related post: No haven for black people.
This is yet another timely article!
It was very well researched and insightful.
I have learned so much about the root of this gap but also about the solutions that can be taken to reduce it. Sometimes when you can look a problem the wrong way, it may seem unsurmountable, this situation has not only a political solution but an individual one.
Thank you for this! I will be sharing with my entourage and learn from it.
Thank you very much for the positive feedback.