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Only 36% of Black adults say they have built an emergency fund that can cover at least three months of expenses.
White householders are 1.8 times more likely to own their own home compared to Black householders (70.2% vs. 38.6%).
Black householders are more likely than White householders to have student loan debt (25.8% vs. 17.2%).
White householders are 1.9 times more likely to own stocks and mutual funds compared to Black householders (30.9% vs. 16.6%).
Welcome to the Mochi Panda Club Podcast, the podcast where we break down complex financial concepts and empower our community to build generational wealth. Join us as we share real stories, practical tips, and expert insights designed specifically for you. Ready to take control of your financial future? Hit play and let’s get started!
The key to black economic empowerment is ownership: ownership of businesses, of assets, of ideas.
- Robert L. Johnson (Entrepreneur and BET Founder)
Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome while trying to succeed.
- Booker T. Washington (Educator and Author)
Don't sit down and wait for the opportunities to come. Get up and make them.
- Madam C.J. Walker (Entrepreneur and Philanthropist)
In today’s fast-paced financial world, understanding how to manage money is not just a valuable skill—it’s a necessity.
Financial challenges are a part of life, but facing them alone can make the journey unnecessarily difficult. That’s where a financial support network comes in.
Investing is often seen as a mysterious world reserved for financial experts or the wealthy, but the truth is, it’s a powerful tool that anyone can use to grow their money over time.
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