-
What Every Millennial Black Woman needs to know about Money
Per the 2015 Asset Funders Network report, the median wealth of White single women was $15,640. The median wealth for single Black women and Latina women was $200 and $100 respectively. The usual reaction to this is, “Not me”. We have to settle quickly into this new acceptance phase and dig through the actual statistics because Black millennials are simply underprepared. For Black women, it’s not a just glass ceiling; it’s a thick platinum beam. Underpaid and Undervalued Given the current direction of the black community, it’s time to rely on our individual strength and “Lift as We Climb”. It is important to note that wealth in this country looks very different for white…