"It is likely true that no group is more in need of basic financial education than members of underserved communities, especially women of color."
Extraordinary Challenges Require Extraordinary Answers.
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Reaching retirement with lower savings, women from underserved communities require a carefully constructed plan to generate monthly income.
Black Women Face a 90% Wealth Gap
Black Women Face Costly Wage Gap
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The median Black household owns nearly 90% less wealth than the median white household and the gap is even slightly larger for single Black women relative to single white men.
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The hourly earnings gap or “wage gap” of Black women stands at 15% relative to white women and 35% relative to white men.
Source: Goldman Sachs
"A Hispanic worker has saved 49 cents for every white worker's dollar."
Source: AARP
"Women from underserved communities will benefit from the guidance of financial advisors who collectively possess a huge reservoir of knowledge to be shared."
Educate I Build Confidence I A Path to Financial Security
Black, Latina, and other women of color lack sufficient local level access to resources for financial education. Project 6000 Minutes aims to change that through a nationwide network of experienced financial advisors dedicated to delivering financial education at the local community level.