Today, we're confronting a critical issue head-on: Black wealth, specifically focusing on single Black women. We'll be diving into startling statistics that reveal a profound wealth gap. For instance, while single white women aged 36 to 49 have a median wealth of $42,600, single Black women's median wealth is shockingly low – as little as $5. This disparity is not just a number; it's a reality affecting countless lives.
Joining us is Oglah Gatamah, an inspiring leader, philanthropist, and the operating principal owner of Keller Williams Legacy Realty in Orlando, Florida. With over two decades of experience spanning across continents, Oglah is not just a successful businesswoman; she's also a single black homeowner and mother of four. Her unique perspective and experience make her the perfect guest to discuss the solutions and strategies for empowering single black women in their financial journey.
Wealth is vital, not just as assets minus debts, but as a crucial factor in managing financial emergencies, passing down wealth, and building more wealth through avenues like home ownership and entrepreneurship. However, wealth isn't equally accessible, and for Black women, this gap is starkly evident.
Highlighting solutions is key, and this episode focuses on two: homeownership and supporting Black women-owned businesses. These solutions come directly from Black women and aim to provide practical pathways to narrowing the wealth gap.
Resources:
- Learn more at The Color of Money
- Follow Oglah on Facebook
- Connect with Oglah on LinkedIn
- Oglah’s Hope Foundation on Facebook
- You Can’t Improve Black Women’s Economic Well-Being without Addressing Both Wealth and Income Gaps
- Become a real estate agent HERE
Connect with Our Hosts
Emerick Peace:
- Instagram: @theemerickpeace
- Facebook: facebook.com/emerickpeace
Daniel Dixon:
- Instagram: @dixonsoldit
- Facebook: facebook.com/realdanieldixon
- LinkedIn: linkedin.com/in/dixonsoldit
- YouTube: @dixongroupcompanies
Julia Lashay:
- Instagram: @iamjulialashay
- Facebook: facebook.com/growwithjulia
- LinkedIn: linkedin.com/in/julialashay/
- YouTube: @JuliaLashay
Produced by NOVA Media
This podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.