The racial wealth gap and the racial income gap are two distinct, yet deeply related issues. When discussing economic disparity, it can be easy to lump them together or discuss them as if they’re interchangeable, so this is an attempt at explaining from a financial advisor’s perspective, why the distinction…
As collective public awareness of the disparities in wealth between White and Black households grows, along with the various causes from a historical and contemporary perspective, the scope and magnitude of the issue can take on a mythological and possibly even insurmountable scale. Black families have a median and mean…
