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Generational Wealth Transfer

Abundant Living, Black Mental Health, Featured Category

Building Generational Wealth

February 13, 2020

Systemic issues that seek to prevent building general wealth in black families will probably always exist within this country

 

Poverty Mentality

The Black community have suffered for so long from poverty, that many of us have developed and have become attached to a poverty (scarcity) mentality. We have generations of families that have nothing to offer the next generation which serves to continue the legacy of poverty, poverty mindset, and financial dependence.

Here we are celebrating another Black History month, and many families are still in the same financial situations as the years before. Building wealth is not the only goal for black families. But, building wealth is a necessity.

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