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Language of Money

Black Wealth - By the Numbers

2/15/2019

 
Black Wealth By the Numbers
African-American consumers spend a mind-boggling $1.4 TRILLION (yes, with T) annually.

All of that consumer spending has yet to translate into sustainable wealth for a majority of African-American families.

Below, we'll examine the state of Black wealth in America and the context behind those numbers.

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    About the Movement

    There's no other way to describe it: we're obsessed with Black wealth.

    By the year 2053, median Black household wealth is forecasted to hit zero. We are on a mission to reverse that trajectory and close the wealth gap.

    Get the tips, tricks and guidance to help rewrite our financial future.

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  • Home
    • About
    • Why Black Wealth Matters
    • Financial Literacy Quiz
    • Contact
  • Mahogany Make
    • Business Resource Central
  • Mahogany Manage
    • Mahogany Money Credit >
      • Introduction to Credit
      • Components of a Credit Score
    • Mahogany Money Debt
    • Mahogany Money Save >
      • 90 Day Savings Challenge
  • Mahogany Grow
    • Mahogany Money Invest
  • Mahogany Protect
  • L.o.M.
    • Mahogany Money Glossary
    • Moment to Movement: Shop Black Week 2019 Campaign
    • Mahogany Money Library
    • Black Business Central