Making money is not equivalent to creating wealth: Expert

Reported 5 months ago

A recent Bank of America report highlighted disparities in financial security among American workers, with 47% feeling secure but concerning gaps across race and gender. Operation HOPE CEO John Hope Bryant discussed how women and people of color can achieve financial freedom, noting a shift towards understanding financial health. Bryant emphasized the confusion between making money and building wealth as a key issue, with only 18% of African Americans investing in stocks. He stressed the importance of financial literacy and preparedness for future economic leadership.

Source: YAHOO

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