The networth of the average black women is a whopping....
- Thread starter KobeTho
- Start date
Bunchy Carter
I'll Take The Money Over The Honey
Man you shouldn't have post that..............I hear the black women coming
PullOutGawd
Boosie the GOAT
In
BlackFruitPunch
Banned
Take a c00n's side clowning black women brehs
let the fukkery beginMan you shouldn't have post that..............I hear the black women coming
GiGi
Slaying Bed Bucks™ since 1981
From your source....
For all working-age black women 18 to 64, the financial picture is bleak. Their median household wealth is only $100. Hispanic women in that age group have a median wealth of $120.
"That means half of [black women] have a net worth of more than $100 and half have a net worth of less than $100," Ms. Lui said. "So that gives you an idea of how far in debt some women of color are."
Married or cohabitating white women have a median wealth of $167,500. Married or cohabitating black women have a median net worth of $31,500.
The reasons behind the daunting financial challenges black women face are numerous and complex.
"There are excuses and circumstances that have evolved in society, which put black women where they are," said Esther Bush, executive director of the Urban League of Greater Pittsburgh, who said in Pittsburgh more than 70 percent of African-American families are headed by single women.
The recession has hit single mothers especially hard.
According to a recent report by the Institute for Women's Policy Research and the Women and Girls Foundation of Southwest Pennsylvania, more than four out of 10 families headed by single mothers in Pittsburgh and more than one in three in Pennsylvania, live in poverty.
In Pittsburgh and across the country, the financial burdens of single parenthood fall mostly on women, but black women are more likely to endure the work and responsibility of raising children on their own. They are more likely to be the backbone of their families and communities, with greater responsibilities to support struggling friends and families.
Read more: http://www.post-gazette.com/busines...women-at-5/stories/201003090163#ixzz3BNogmplD
is it true tho?
onelastdeath
Banned
That's a shocking number, breh. But, nikkas aren't doing much better. There's a need for increased financial literacy our community. Brehs and brehettes get excited when they see another breh or brehette ballin' out. But, ballin' out is not representative of a person's financial status.
There are a lot of people outchea ballin' out, but living paycheck to paycheck. There are also a lot of people outchea sittin' pretty and you'd never know it, because they don't have to show you what they got to feel good about themselves and impress these birdbrains.
There are a lot of people outchea ballin' out, but living paycheck to paycheck. There are also a lot of people outchea sittin' pretty and you'd never know it, because they don't have to show you what they got to feel good about themselves and impress these birdbrains.