For many years, Black Americans have been at a disadvantage when it comes to homeownership and acquiring wealth.
by Sha'Kreshia TerrellChoosing the right mortgage depends on a host of important factors. Some of those factors include your FICO score, your available down payment, and how long you plan on living in your new home.
by Pam HillMany feel that they don't have a lot to invest. No matter the size of your paycheck, you can get started investing! Getting started investing with a little can add up a lot! Make a strategy that works for your paycheck!
by Nadia C. VanderhallIn 2020, the nationwide protests surrounding the murder of George Floyd stirred up countless debates on why African Americans have yet to receive equality and may still have a long way to go to receive equity.
by Nailah HerbertPresident Joe Biden is working with the Department of Justice to make amends with the families affected due to Trump’s zero-tolerance policy. To make amends, Biden is planning to financially compensate families who were separated at the border.
by Viviana VazquezGroup economics is when groups of people have a common economic goal and work together to achieve it, and is one route that assists with the closing of the racial wealth gap, including the practice of supporting local businesses.
by Nailah HerbertOn the first episode of First-Gen Money Mondays, host Viviana Vazquez chatted with Gigi Gonzalez, founder of The First Gen Mentor. Gigi is a first-generation American, first-generation college graduate, and first-generation white-collar professional.
by Viviana VazquezWhen it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.
by Nailah HerbertThe Brookings Institution conducted an economic study to measure the impact of inequality since 1990. The study found that the U.S. missed out on $22.9 trillion in economic growth since 1990 due to inequality.
by Viviana VazquezRedlining is a practice where mortgage lenders deny loans to people based on race or the racial makeup of their neighborhoods. The term comes from the National Housing Act of 1968 as part of the federal government's New Deal.
by Sheena Allen