Wealth RuleZ!
A nonprofit fundraiser supporting
Restoring Lives IncWealth RuleZ! is a program designed to assist in narrowing the racial wealth gap in America.
$0
raised by 0 people
$2,000 goal
Assist Healing Hearts Counseling Service in Raising Funds for Restoring Lives!
“Everybody knows that people of color are at an incredible economic disadvantage, but few realize it’s as bad or worse than it was before Civil Rights,” said Karen Petrou, managing partner of Federal Financial Analytics. “The historical data reveal that no progress has been made in reducing income and wealth inequalities between black and white households over the past 70 years," wrote economists Moritz Kuhn, Moritz Schularick and Ulrike I. Steins in their analysis of U.S. incomes and wealth since World War II.
Wealth Inequality in America. The wealth disparities for people of color can be related to income inequality, wide gap in lifespan wealth accumulation, home ownership, less or no liquid retirement savings, student loan debt, and no federal subsidies to support asset development for lower-income families.
This program is designed to assist in narrowing the racial wealth gap in America by educating and assisting at-risk and disadvantage youth (9 -12) and their families with the necessary expertise needed to implement and sustain generational wealth. The program will address income inequality, gap in wealth by age, homeownership, retirement savings and debt. This program is being developed with the following program thrust:
- Life skills
- Income Inequality
- Wealth gap by age
- Home ownership
- Retirement saving
- Financial Literacy
This fundraiser supports
Restoring Lives Inc
Organized By Healing Hearts Counseling Service /Shenita Jones CEO