Building Financial Freedom and Wealth in the Black Community

It’s Black History Month, a time to celebrate and support the Black community, while also reflecting on the financial obstacles faced by Black Americans. 

In recent years, the history of racism towards Black Americans has received increasing attention, with companies and politicians making promises to address the many injustices still facing this demographic. Meanwhile, the Covid-19 pandemic has also been especially hard on Black Americans, who’ve experienced a higher unemployment rate than any other racial group in the U.S. Even as the economy has started to recover, the Black unemployment rate increased, while the unemployment rates for white, Hispanic, and Asian Americans fell. 

To honor Black History Month, Stash is taking a look at some of the most pressing financial issues affecting the Black community, such as student loan debt, the homeownership gap, and the lack of Black leadership at Fortune 500 companies. We also offer some insights into how anyone can improve their financial lives.

Plus, listen to Stash’s podcast Teach Me How to Money, the go-to personal finance podcast for everything you want to know about your money. These episodes feature Black personal finance experts discussing top money issues.