News to Know — minority

  Financial freedom is a term that is often thrown around, but many people do not fully understand what it means. Financial freedom is the ability to live the life you want without worrying about money. It means having enough money to cover your expenses and save for the future. Achieving financial freedom may seem daunting, but it is more accessible than you think.  Budgeting A budget is a plan for how you will spend your money each month. It allows you to see where your money is going and make adjustments as needed. To create a budget, start by...

Introduction Personal finance is a crucial aspect of everyone's life, but it is particularly important for minorities. Minorities by race, gender, or class have historically faced economic challenges due to factors such as discrimination, lack of access to education, and other systemic issues. These challenges make it even more important for minorities to focus on personal finances and take steps to secure a strong financial future.  The Wealth Gap One of the main reasons why minorities need empowerment in personal finance is the wealth gap. Minorities, particularly Black and Latinx individuals, have significantly less wealth than their white counterparts. This...