- Angie Chatman for Business InsiderSep 23 ’20
Black Americans’ rocky relationship with banks can be traced back to an institution that promised wealth but collapsed after just 9 years
When the enslaved population was first freed, the Freedman’s Bank was established to provide a savings and wealth-building tool. But just nine years after it opened, the bank collapsed thanks to risky investments and mismanagement by the bank’s all-w…
- Angie Chatman for Business InsiderOct 27 ’19
Typical financial advice begins with the adage, “Pay yourself first.” It refers to the wisdom of saving a minimum of 10% of your income before taking care of any other obligations.
You may have also heard that you should build and keep an emergency fu…
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