Personal Finances & the Racial Wealth Divide | St. Louis
About this event
We’re taught that America is the land of opportunity, and that’s true. Govt backed entitlement programs built our middle class and helped families grow their wealth. Unfortunately, these opportunities were handed out to a select few at the expense of others. Historically, the lines have been drawn based on race.
It will take 228 years for the average Black family to catch up to the wealth of an average White family today, and that’s only if conditions improve immediately. The current trajectory has Black families averaging $0 in wealth by 2053.
Institutional racism was an economic decision, and one that continues to harm all of us, regardless of ethnicity. This workshop will show you how your personal finances are affected and what action you can take to create generational wealth for you and your community.