Real Money, Real Experts

Where Race & Gender Intersect: Why the Wealth Gap is Widening and How to Help


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This week, Real Money, Real Experts welcomes two special guests to talk about two very important, and intersecting concepts. Dedrick Asante-Muhammad and Heather McCulloch join us to talk about racial and gender wealth gaps: what they are, why they exist, how they intersect, and what financial coaches and counselors can do to help their clients overcome them. 

Dedrick is the Chief of Race, Wealth, and Community at the National Community Reinvestment Coalition, and Heather is the Founder and Executive Director of Closing the Women's Wealth Gap.

Co-hosts Rebecca Wiggins and Dr. Mary Bell Carlson talk to Dedrick and Heather about their careers, and how they've come to be experts on racial and gender wealth gaps.

*Show Notes*
03:08 About Heather
05:36 About Dedrick
07:49 The Gender Wealth Gap
12:05 The Racial Wealth Gap
14:10 COVID's Impact on Race
19:19 COVID's Impact on Gender
22:31 Moving Women Forward
25:02 Moving Racial Minorities Forward
26:50 Balancing Private and Public Assets
27:33 How Financial Professionals Can Help
33:14 Your Two Cents

CNN piece with Jennifer Siebel Newsom

https://www.cnn.com/2020/05/06/perspectives/women-economic-policies-coronavirus/index.html


Slate with Kilolo Kijakazi

https://slate.com/human-interest/2018/05/gender-inequality-closing-the-wealth-gap-is-critical-to-future-financial-security.html


- Report by CWWG Deputy Director, Dominique Derbigny.

- Report by Jocelyn Frye, Sr. Fellow at the Center for American Progress

- Spotlight on Poverty commentary by the Dominique and Jocelyn 

- Article on the

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