Financial Literacy for Black and African American Students
In honor of Black History Month, BestColleges in the United States interviewed financial expert Terrance Dedrick to help curate a financial literacy resource for Black and African Americans. This article includes links to these organizations in the United States that cater to Black and African Americans: "Brown Ambition": A popular podcast for Black and African American students covers important financial literacy topics and provides advice from others who have learned financial literacy and used it successfully. Urban Wallet: A selection of free guides and resources to help students learn about spending and budgeting, investing in cryptocurrencies, and using credit cards responsibly. Association of African American Financial Advisors (AAAFA): for Black and African American students looking to work with a financial advisor to learn more about money. Operation HOPE: This nonprofit works with students and other adults alike to provide financial dignity through financial literacy training, coaching, and other services to build confidence and resilience. Building Bread: Designed for Black students and young professionals, Building Bread provides a free financial planning course along with other low-cost advanced classes.
Social determinants and inequities in health for Black Canadians: a snapshot
The following snapshot aims to highlight how Anti-Black racism and systemic discrimination are key drivers of health inequalities faced by diverse Black Canadian communities. Evidence of institutional discrimination in key determinants of health is also presented, including education, income, and housing. Finally, national data is shared demonstrating inequalities in health outcomes and determinants of health. Readers are invited to reflect on how racism and discrimination may contribute to these inequalities.
101 solutions for inclusive wealth building
Having wealth, or a family’s assets minus their debts, is important not just for the rich— everyone needs wealth to thrive. Yet building the amount of wealth needed to thrive is a major challenge. Nearly 13 million U.S. households have negative net worth. Millions more are low wealth; they do not have the assets or liquidity needed to maintain financial stability and invest in themselves in the present, nor are they on track to accumulate the amount of wealth they will need to have financial security in retirement. This report examines what it will take to create truly shared prosperity in the United States. It is focused on solutions that would grow the wealth of households in the bottom half of the wealth distribution, and it explores reparative approaches to building the wealth of Black, Indigenous, and other people of color (BIPOC).
Together, these groups represent at least half of all U.S. households.
Changes in the socioeconomic situation of Canada’s Black population
This study provides disaggregated statistics on the socioeconomic outcomes of the Black population by generation status (and immigrant status), sex and country of origin, and is intended to illustrate and contribute to the relevance of disaggregation in understanding these populations and the diversity of their situation. This study sheds light on some of the issues faced by the Black population and shows differences that exist compared with the rest of the working-age population, by sex, generation and place of origin, from 2001 to 2016.
