BWC Ladies: Did you know "Women Of Color Get Poverty (Whites Get Wealth) (798 hits)
Ladies, Good Morning, Hope you are having a great week. Yesterday was a holiday (Columbus Day to be exact) and that's why I didn't post. Hope you all had a great weekend. Matthew came through on this end but thank goodness we didn't get hit real hard like in some other places. Let's send up prayers to those in the hardest hit places like in North Carolina nd Haiti, especially.
Okay, wanted to share a video with you ladies today that I'm pretty sure most, if not all of you already know about. The distribution of wealth between women of color and caucasian women.
Personally, I see this ALL the time. White ladies own homes, have disposable income, job security, vacation homes in a totally different state or country, resources galore and women of color, some of us can only dream about taking a summer vacation. What is the problem?
See you tomorrow!
HERE'S TO YOUR SUCCESS!
Tasha
Study: Median Wealth for Single Black Women: $100, Single Hispanic Women: $120, Single White Women: $41,000
The Insight Center for Community Economic Development released a report on the gender wealth gap to mark International Womens Day. The report found nearly half of all single black and Hispanic women have zero or negative wealth, meaning their debts exceed all of their assets. The median wealth for single black women is only $100; for single Hispanic women, $120. This compares to just over $41,000 for single white women. We speak with the chief author of the report, Mariko Lin Chang and C. Nicole Mason, Executive Director of the Women of Color Policy Network.
