Tiffany Aliche, aka “the Budgetnista,” lives an all-cash life: Houses, cars, vacations—all paid for in cash. This preschool teacher-turned-women’s financial educator knows that everything you need to know about how to manage your money, you did not learn in kindergarten. She is the author of the Amazon No. 1…
Congress is poised to pass a piece of legislation that will amount to a $1.5 trillion tax hike for Americans who don’t have trust funds, silver spoons or monocles. No one knows what is in the final bill because Republicans have added more changes than Kim Kardashian’s plastic surgeon, but luckily The Root always has a…
There isn’t a whole lot you can get in a major East Coast city for $8. Meals at most lunch spots, once you include tax, will run higher than that (a Shake Shack double costs $8.09, for example).
We don’t tend to look at the wealth gap as a form of violence, even though it’s certainly rooted in it.
Because of legalized segregation, job discrimination and racist housing policies, it’s not surprising that black and Latinx families haven’t had the same opportunities to amass wealth as white families have.
Since the first iteration of slavery transformed into its more contemporary forms—Jim Crow, mass incarceration, redlining, employment and education discrimination—the toxic myth that black people can bootstrap their way to success and safety in a country that thrives on their subjugation has continued to thrive.