Financial Literacy

In this session I go over median household income, debt and wealth gap by ethnicity. I also dive into finances and budgeting. Sources Statista Research Department. 2021. “Median household income in the United States in 2020, by race or ethnic group.” Statista. https://www.statista.com/statistics/233324/median-household-income-in-the-united-states-by-race-or-ethnic-group/ Employee Benefit Research Institute. 2021. “How Is Debt Different by Race and Ethnicity?” EBRI. https://www.ebri.org/docs/default-source/fast-facts/ff-375-debtbyrace-7jan21.pdf?sfvrsn=39bf3a2f_4 The Federal Reserve. 2020. “Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances.” Federal Reserve. https://www.federalreserve.gov/econres/notes/feds-notes/disparities-in-wealth-by-race-and-ethnicity-in-the-2019-survey-of-consumer-finances-20200928.htm