3 Barriers to Building Generational Wealth For Black families

Written by on March 19, 2023

The racial wealth gap in the US is stark. For every $1 of wealth held by a white family, a Black family had just $0.25 in 2022, according to the Federal Reserve Bank of St. Louis.

Black families face unique, racist barriers to creating wealth, from homeownership to business ownership, says Salene Hitchcock-Gear, president of individual life . . .

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