The Mental Health and Wealth Show is hosted by Melanie Lockert, author of Dear Debt and founder of Lola Retreat. The podcast covers all things money and mental health. On the show, Melanie interviews mental health professionals, financial professionals, and people who share their struggles with money and mental health.
http://mhawshow.libsyn.com/website
episode 37: The Tulsa Race Massacre and How It Affected Black Wealth: An Interview with Kevin Matthews II
To close out Black History Month, I interviewed my friend Kevin Matthews about the Tulsa Race Massacre also known as the Black Wall Street Massacre. In this episode, learn the mental health and wealth implications of this massacre - the generational trauma and racial wealth gap - and how to help close that gap. Plus, find out how Kevin is building intergenerational wealth for his family and learn what happened with GameStop a few weeks ago.
"I have to wonder how much different my community would look like today. Like that’s not too far removed, my great-grandparents may have benefitted from that. Again they called it a riot instead of a massacre at the time to deny insurance claims." - Kevin Matthews
Timestamps
3:20 - What happened during the Tulsa Race Massacre
5:30 - Why a lot of people are not aware of this incident
07:50 - The long-term consequences and trauma of the massacre to the people in Tulsa
12:10 - What is the racial wealth gap and actionable steps we can take to help close it
18:29 - How Kevin is building intergenerational wealth for his family
23:17 - What really happened with GameStop’s stock price and why it’s a risky investment
27:03 - Investing tips so you can build wealth responsibly
31:56 - How you can invest and protect/manage your mental health at the same time
35:21 - What is rebalancing and why it’s important in your investing strategy
37:05 - The technical aspects of rebalancing
Resources
Can Trauma Be Passed Down From One Generation to the Next?
Public - Invest in Stocks (referral link)
Nicole Antoinette
Jason Zweig
Connect with Kevin
buildingbread.com
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Instagram
Facebook
Connect with Melanie
mentalhealthandwealth.com
melanielockert.com
Instagram
Contact: mentalhealthandwealthshow@gmail.com
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