Why I think personal finance influencers need to talk about race - Business Insider

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

Without those tools, no amount of personal responsibility, penny pinching, or strategizing can close the racial wealth gap.I've lost track of the number of times I've heard the following phrase from personal finance influencers: "Personal finance is personal." Meaning, there's no place for race or politics in conversations about money.

If our personal finances were only affected by our personal decisions and free will, then I would 100% agree that there is no place in personal finance to discuss race or politics. But, it's my view that race and politics directly affect many Americans' access to the tools that would allow them to build wealth and create generational financial change. Their access is blocked by bias related to gender and/or race.

I'm not arguing that every article a personal finance influencer writes has to share data from every ethnic group, gender, or region of the US. That would be unmanageable. What I'm saying is that by avoiding these conversations, we're avoiding acknowledging that there are many people who have amazing personal finance habits but are impacted by policies that will affect their finances their entire lives.

Also, once someone is hired on, will they be compensated at a rate that's equitable to other employees in the company? As Athena Lent of"OK so I think it's pretty impossible to not bring up race, but I especially think it's important to discuss when speaking about earning potential.

smart_latina MichLovesMoney The responses in this thread speak volumes about WhiteFragility

smart_latina MichLovesMoney If you want an honest conversation on this topic, maybe you should stop singling out white men as a point of reference and maybe you should compare earnings for individuals WORKING THE SAME JOB . Also, here are the highest earning groups in the U.S.

smart_latina MichLovesMoney

smart_latina MichLovesMoney Are you comparing a hotel maid to an engineer? What sorcery is this? Compare the same occupations please.

smart_latina MichLovesMoney Surely knows how ridiculous this argument is. If she works the same job as a white man she'll be paid the same.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ferrari F8 Spider convertible: Business Insider review, photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Very expensive recycled 488 I don’t know if you’ve seen the unemployment numbers, but extreme materialism is not cool. I found a $1.39 in my couch seat cushion. Almost there.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wirecard stock: Robinhood traders think it's a toxic dud - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. to merge with Waste Management?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's why Tesla isn't really more valuable than Toyota - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. We are boycotting TESLA! Everything Kanye West touches must be boycotted! Never What?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why I decided to stay in quarantine with my ex-husband during COVID-19 - Business InsiderMy ex-husband and I have decided to quarantine together with our 5-year-old daughter. It's been tough, but oddly enough it's working — and we have no plans to change our situation as things reopen (by NaveKatie) NaveKatie She doesn't look to happy! NaveKatie Doing the same exact thing. It's working too. NaveKatie The same way a person gets married by saying 'I accept' The same way a divorce can happen by saying 'I divorce' In Islam. However they go through an 'iddah' waiting period (of 3 months) in which they can reconcile, or end the marriage completely.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why MSCHF founder hopes Nike sends a cease and desist for fake collab - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Looking for any graphic/branding identity designer? Contact me: ovebarua2gmail.com
Source: BusinessInsider - 🏆 729. / 51 Read more »