Find a financial partner that has products and serves that align with your goals for the future.
There is no one way to set yourself up for financial success, there are many roads that you can take to reach your goal.
Black owned financial institutions offer several products and serves to help you meet both your short term and longer term goals.
In the last several years we have seen the conversation around planning for the future grow. Words like “Generational Wealth” and the “Racial Wealth Gap” have entered the broader societal conversation because more people are focusing on the wealth disparities which have been exacerbated and financial system has not historically prioritized all communities.
To close this gap there has been an effort in the Black community to focus on creating generational wealth through starting businesses, investing in the stock market, and buying property so that future generations do not have to experience the same financial hurtles.
For those who believe that this path is right for them, there are products and services that Black owned financial institutions offer that can help them on their journey.
Words like “Generational Wealth” and the “Racial Wealth Gap” have entered the broader societal conversation because more people are focusing on the wealth disparities which have been exacerbated and financial system has not historically prioritized all communities.
Use a Black bank for your planning future
Black Owned Financial Institutions that help with your savings needs:
The Harbor Bank of Maryland
Liberty Bank
Black Owned Financial Institutions that help with your lending needs:
Helpful tips
✔ Everyone’s journey to plan for the future is different. It may be creating an emergency funds savings account or creating an investment portfolio with a financial planner, taking action to plan for tomorrow is a positive step in the right direction.