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Welcome to Errattic! We encourage you to customize the type of information you see here by clicking the Preferences link on the top of this page.

 

Updated: How Do Black People Spend Their Money? (The Racial Wealth Gap) 

 

How black people spend their money has been a hotly debated topic not only on this site, but in our office, at social events and in beauty and barber shops across America. This article has been the most read and commented article for 9 years running. Once I learned that this was the most popular and discussed article on the website, I decided to do some research and share this information with others.

I predict that even after reading this article there a significant number of Black people who will NOT change their habits and work toward changing their situation. Over time, when things go unchallenged, they seem normal. After centuries of slavery, black people must realize that they need to work toward building generational wealth and learn to invest their money and establish Trust funds for their wealth that can be passed down to future generations.

Black Men In America

Tags: $, Advertising, Culture, Economy, Poverty, Shopping, Statistics, Wealth

Filed under: Health/Food

22-Jun-2020


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