Financial Trainers London and Bevin have a conversation about creating generational wealth in the Black community. Black people are in a place where they hold less than 15% of wealth as white people, and it is now mathematically impossible for them to catch up without some sort of systemic change. They discuss how an emergency fund is a way to get out of survival mode; the Black Tax as part of survivor's guilt and thinking about what future needs are and put money aside for later. Bevin mentions that the goal is not to look wealthy, the goal is to be wealthy.
Shownotes:
https://financialgym.com/financiallynakedpodcast/episode63
Financially Naked