Go back to previous topic | Forum name | General Discussion | Topic subject | Average net worth of black people is $46k | Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13400636&mesg_id=13400816 |
13400816, Average net worth of black people is $46k Posted by Mori, Mon Aug-24-20 06:27 PM
https://www.brookings.edu/blog/up-front/2020/02/27/examining-the-black-white-wealth-gap/
This is for people over the age of 45. Most black people 40 and under have a net worth of $0.
Now I don't think humans can be summed up in a dollar figure. But if we want to increase our value, we must re-educate ourselves about money.
Money is not stressful or confusing. It just requires a strategy and early information. I know high earning black people who have barely any money in savings. "Wealthy" black athletes have proven that even a millionaire income cannot guarantee long term wealth.
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