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BLACK AND BROWN FINANCIAL GROWTH GROUP: Investing 101 - Big Bank Take Little Bank (Episode 1)
You might not have Jay Z money, but you can certainly think like him when it comes to investment and saving for your future.
During times like this, you really understand the phrase "Money is Power." Consider that Black families are 35% less likely to invest in the stock market, average banking account is around $7k for the middle class (that is saving & checking combined with two working parents), the majority have less than a $1,000 cash saved, and $19,000 average in 401k for two working parents income (60% do not have a 401k or IRA). We can see how generational poverty continues to develop as the wealth gap increases. This is why it's important to have a focused discussion about wealth building with marginalized communities.
Join us on June 11, 2020, with our guest speakers Emad Rahim and Andre Williams to unpack best practices in investment, savings, and legacy planning. - Big Bank Take Little Bank.
BLACK AND BROWN FINANCIAL GROWTH GROUP
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By Starsky RobinsonYou might not have Jay Z money, but you can certainly think like him when it comes to investment and saving for your future.
During times like this, you really understand the phrase "Money is Power." Consider that Black families are 35% less likely to invest in the stock market, average banking account is around $7k for the middle class (that is saving & checking combined with two working parents), the majority have less than a $1,000 cash saved, and $19,000 average in 401k for two working parents income (60% do not have a 401k or IRA). We can see how generational poverty continues to develop as the wealth gap increases. This is why it's important to have a focused discussion about wealth building with marginalized communities.
Join us on June 11, 2020, with our guest speakers Emad Rahim and Andre Williams to unpack best practices in investment, savings, and legacy planning. - Big Bank Take Little Bank.
BLACK AND BROWN FINANCIAL GROWTH GROUP