Education and Wealth

Financial Education is the Key to Advancement

While more African Americans are climbing the economic ladder, the wealth gap between Whites and Blacks is at its widest. According to the Institute on Assets and Social Policy, from 1984 to 2007, the gap increased from a modest $20,000 in 1984 to $100,000 in 2007.

Many people think that they need to be rich in order to invest, but it is important to realize that without investments as part of your financial plan, financial freedom may be harder to attain. Small investments can make a difference. Financial knowledge is useful at any age; we are never too young or too old to understand how to make our hard-earned money grow and acheive financial goals.