It’s okay if you are struggling financially or if you are finding it hard to get ahead; know that there is no need for you to feel ashamed or embarrassed by your situation. One thing for sure is that you aren’t alone in this situation.
For instance, the average median wealth of black households is $36,000, while white families estimated their parents’ median wealth at $150,000.
Quite frankly, that’s disheartening within itself; black people do not have enough business, real estate, stocks, life insurance policies, or savings. Unfortunately, we are four hundred and fifty one years behind financially than other cultures. The average black family does not have $5,000 in savings in case of an emergency.
If we don’t start our own business or invest in ourselves now, things will only worsen from here.