When it comes to building wealth, many Black Americans are facing an uphill battle. The median annual wage for Black workers is about 30% lower than that of white workers, according to a McKinsey & Company report. The report also found that 3.5 million of the country’s Black households have a negative net worth due to debt. Attorney and 5 time National Black Lawyer Top 40 under 40, Portia Wood, Esq.,LL.M, of the Wood Legal Group, LLC joins the podcast to discuss generational wealth so much more.
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