For the Love of Money | Highlighting Financial Literacy Month
For the Love of Money | TV One Highlights Financial Literacy Month
Did you know that the dollar only circulates in the Black community for 6 hours, allegedly? Meaning, in our communities, we tend to spend elsewhere rather than spending our money intentionally with Black owned businesses.
According to 2020 U.S. census data, the median net worth of Black households is only $18,430, which is the lowest among any race or ethnicity in America. In comparison, the median net worth of all U.S. households is about 7.6 times higher than Black net worth.
Whew. Depressing right?
Fret not. While April is Financial Literacy Month, we want us to begin thinking about our money 365!
Financial wellness begins with assessing our financial lives, taking action to improve where needed and managing what we have!
Keep reading to check out a list we’ve put together a list of resources that help US get our financial houses in order!
Dfree Global Foundation
The Dfree Global Foundation, Inc. is a non-profit organization charged with leading the African American community to financial freedom through content, curriculum, training, tools and access to professionals. As the only faith-based, wealth-building system specifically designed with the Black community in mind, the dfree® Movement delivers access to financial freedom. The organization uses a variety of tools to educate, motivate and support people who make the choice to achieve and sustain financial freedom.
DFREE® focuses on debt elimination as the foundational step on the pathway to wealth creation, addressing a critical financial challenge facing Black Americans today. By helping individuals eliminate debt, DFREE® lays the groundwork for financial stability, empowering individuals to redirect resources toward savings, investments, and long-term wealth-building opportunities. This approach not only promotes personal financial freedom but also contributes to closing the racial wealth gap and fostering economic empowerment across Black communities.
Learn more: https://dfreefoundation.org/
Tiffany “The Budgestnista” Aliche
Tiffany “The Budgetnista” Aliche is America’s favorite personal financial educator and author of the New York Times Best Seller, Get Good with Money. Through her Live Richer
Movement, she’s helped over two million women save, manage, and pay off hundreds of millions of dollars.
A former teacher for ten years with a Master’s degree in Education, Tiffany was instrumental in getting The Budgetnista Law (A1414) passed in January 2019, making financial education mandatory for middle school students in New Jersey.
The Budgetnista’s Get Good With Money Plan is an immersive 12-module, video training experience based on proven strategies from Tiffany “The Budgetnista” Aliche’s NY Times Best-Selling Book, Get Good With Money.
Learn from expert instructors, including Tiffany Aliche and her team of 12 personal money coaches. Discover how to save effectively, pay off debt, build strong credit, invest for wealth and retirement, and fund your dreams. Designed to fit your busy schedule, our bite-sized video modules let you learn at your own pace with lifetime access, support, and resources.
Learn more: https://thebudgetnista.com/
Millennial In Debt
Millennial In Debt is a financial literacy blog providing a wealth of knowledge in the digital financial space. From debt management strategies to passive income and investing, Millennial In Debt provides a communal space to expand your knowledge on your debt free journey.
The blog also offers financial consulting and career coaching.
Learn more: https://millennialindebt.com/
Student Loan Doctor
The Student Loan Doctor is the first Black and woman-owned student loan repayment company. The Student Loan Doctor is vital for the Black community because student loan debt impacts this community more deeply than any other group. Many Black Americans rely on loans to access education, only to face challenges in repayment that hinder wealth-building and financial freedom. Many carry this burden while striving to break generational cycles of economic struggle.
The Student Loan Doctor exists to change that narrative. The company provides culturally relevant support, practical solutions, and guidance tailored to our unique experiences. Their mission is to empower Black women and men to take control of their student loans,
access forgiveness programs, and build legacies of wealth for future generations. It’s about more than just debt—it’s about liberation, empowerment, and ensuring we thrive. Learn more here: https://www.doctorpleasehelpme.com/
It’s time to get our coins in order! Financial freedom is freedom. Learn about the resources above and take the actions you need to be in the black!
