"Black People Don't Know How to Manage Money," They Said

<p>Black people don&#39;t know how to manage money,&quot; Morgan Stanley managers&nbsp;<a href="https://twitter.com/AttorneyCrump/status/1697371229680771464?s=20" rel="noopener ugc nofollow" target="_blank">said</a>, describing the financial literacy of their Black clients, according to Jeanna Pryor, a retired Air Force colonel who once worked for the investment company. Rather than acknowledging the numerous ways the banking industry deprives Black people of equitable opportunities, financial managers, at least in private, were attempting to justify the racial wealth gap.</p> <p>In America, it is often said that cash is king and that green bills with former presidents&#39; faces printed on them are the most valuable asset someone can possess. And while it&#39;s no secret that Black people have significantly less wealth.&nbsp;</p> <p><a href="https://medium.com/afrosapiophile/black-people-dont-know-how-to-manage-money-they-said-5ee1adcfc890"><strong>Read More</strong></a></p>
Tags: Manage Money