When you see how underrepresented African-Americans are in current leadership roles, it can be easy to get discouraged about their prospects for leadership advancement. Despite a rise in the number of black college and university graduates, just 8% of managers and under 4% of CEOs are black. In the Fortune 500 companies there are currently […]
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Serena Williams Raises Awareness About Financial Abuse | Black Enterprise
Serena Williams is always taking a positive stance when she is not playing tennis. According to CBS News, Williams is now the national ambassador for the Allstate Foundation Purple Purse program. [mc4wp_form id=”6042″] “A really close friend of mine was going through a situation that wasn’t really healthy for her, wasn’t healthy for her friends, […]
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The most important lesson my parents taught me about money as an African American woman | Business Insider
My experience negotiating restitution for Holocaust survivors has shown me how difficult and divisive a slavery reparations program would be to enact.
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Entrepreneur Creates Flashcards That Teach Children About Black Millionaires & Billionaires | Chicago Defender
By Jeffrey Somers, Chicago Defender New Orleans, LA — New Orleans-based media company, Raising Black Millionaires, has just released the first volume in their series of Raising Black Millionaires Flashcards, to empower parents and educators of Black children with an effective and easy tool that builds self-confidence, high self-esteem, and limitless earning potential for all […]
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How America’s Ugly History of Segregation Changed the Meaning of the Word ‘Ghetto’ | TIME
By Daniel B. Schwartz, TIME Today, for many Americans, the word “ghetto” conjures images of run-down and crime-ridden African American segregated areas—“inner cities,” in a common euphemism. This connotation is relatively recent; it has only become mainstream in the past 70 years or so. Beforehand, the term was primarily associated with Jewish urban quarters, and […]
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Here’s How One Couple Paid $200K Of Debt In 5 Years By First Addressing Their Money Hang-Ups | Forbes
Ryan Derousseau, Forbes In order to pursue financial independence, first Julien and Kiersten Saunders had to address the psychological barriers they had when it came to spending and saving money. JULIEN & KIERSTEN SAUNDERS. Featured Image [dropcap]W[/dropcap]here Julien and Kiersten Saunders live in Atlanta, GA, they have multiple options for grocery shopping. There’s the high-end […]
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A.L. Lewis: Florida’s first black millionaire remembered | NBC News
By Associated Press, NBC News Dr. Johnnetta Betsch Cole. Featured Image [dropcap]F[/dropcap]ERNANDINA BEACH, Fla. — They called him Fafa. A.L. Lewis loomed large in the Jacksonville childhood of great-granddaughter Johnnetta Betsch Cole and her two siblings. With only an elementary school education, he helped found the Afro-American Life Insurance Co. in 1901 and became Florida’s […]
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The Racist History of Tipping | Politico
Reverend Dr. William J. Barber II, Politico An illustration of the interior of a Pullman dining car. | Library of Congress. Featured Image [dropcap]This[/dropcap] week, the House of Representatives will have a chance to end a pernicious legacy of slavery. Lawmakers will vote on the Raise the Wage Act, which would boost the minimum wage […]
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Bank of America Launches $5 Billion Home Loan Assistance Program | BlackPressUSA
Stacy M. Brown, NNPA Newswire Correspondent, BlackPressUSA [dropcap]NNPA[/dropcap] NEWSWIRE — The new Bank of America program includes down payment and closing cost assistance; innovative low down payment mortgages; grants that can be applied to non-recurring closing costs; a national network of lending professionals; easy-to-understand financial education tools; strategic partnerships with real estate professionals; and a […]
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In diverse metro Atlanta, why are less than a quarter of homes black-owned? | Curbed
Only six U.S. cities have lower percentages of black homeowners, analysis finds
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