Black household wealth is rising and the racial wealth gap is widening — at the same time. The Fed’s own data shows exactly where the gap concentrates, and what actually helps close it.
Category: Financial Literacy
Too Good To Go: Saving Some Money On Food Depending On Your City & State
Save money on groceries and takeout with Too Good To Go, an app whose success depends on your city and store staff
Cost of Living in the U.S. vs. 7 Popular Black American Expat Destinations
US households spend $6545/month, compare to Ghana, Mexico, Colombia, Portugal, Costa Rica, South Africa, and Bali expat costs
How to Build Wealth on $50 a Month: A Stock Market Beginner’s Guide for Black Americans
$50/month at 10% annual return becomes $113,024 in 30 years. Roth IRA setup, ETF comparison charts, and a 6-step starter plan for first-time investors.
The Black Business Funding Gap: Why Black Entrepreneurs Are Denied Loans at 3× the Rate of White Owners
Federal Reserve: 47% of Black-owned businesses get full loans vs 73% of white-owned. Structural causes, $190B revenue gap, and where to find capital.
Trading Guru Scams: How Instagram ‘Flexers’ Are Robbing Black Investors of Millions
$1.1 billion in investment fraud came from social media in 2023.
The Payday Loan Trap: How Predatory Lending Drains Black Communities at 400% APR
Payday loans carry a 396% APR — 16× a credit card. The industry drains $9 billion a year from borrowers.
Crypto and Black America: Why the Fastest-Growing Investor Group Is Also Getting Hit Hardest by Fraud
Black Americans invest in crypto at 1.6× the rate of white Americans — but crypto fraud losses hit $5.6 billion in 2024.