Black Wealth

In the Black community, there are several reasons why poverty and poor money habits are transferred through generations. The absence of healthy money management skills, inadequate access to wealth generating channels, an unbalanced debt to income ratio, unrealistic hurdles to self-sufficiency, racial inequality and a lack of financial literacy all serve to perpetuate the cycle of poverty in the Black community.
Read more at EBONY http://www.ebony.com/wellness-empowerment/inherited-poverty-breaking-cycle#ixzz4fvuN87L0 

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Published by

David X

Writer. Blogger. 21 Years Young. Interested in Black Liberation, Social Justice, Art, and Wealth. “The high-minded man must care more for the truth than for what people think.” - Aristotle

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