Why The Wealth Gap Between Ethnicities Exists

What this episode covers

If you’re a small business owner you’ll want to check out Xero, a special Xero offer: Get 90% off for 6 months using this link: https://referrals.xero.com/BuildingWealthWithoutBorders_CollabOne Welcome to the Building Wealth Without Borders podcast with me, Lámidé Elizabeth. Each episode, I’ll be bringing you guests from around the world to share their strategies on building wealth. Today, we’re in the UK with founders of The Humble Penny and authors of the Sunday Times Best Selling Book Financial Joy, Ken & Mary. 🏡 Book a consultation to invest in Dubai Real Estate - https://calendly.com/d/cqzz-ykv-g6q 💰 Register to join the WNB Group Investor Circle - https://wnbgroup.co.uk/capital Connect with The Humble Penny: Purchase their book, The Wealth Habit: https://geni.us/TheWealthHabit Instagram: https://www.instagram.com/thehumblepenny/?hl=en Website: humblepenny.com Connect with Lamide Elizabeth: Instagram → https://instagram.com/lamide.elizabeth/?hl=en LinkedIn → www.linkedin.com/in/lamideelizabeth Connect with Building Wealth Without Borders: https://www.instagram.com/buildingwealthwithoutborders/?hl=en This show is a WNB Media production. Listen to the Apple and Spotify podcasts 'Building Wealth Without Borders'. This podcast is for informational purposes only and does not constitute financial advice. Always do your own research or speak to a qualified adviser before making investment decisions. TIMESTAMPS 00:00 From £0 to Financial Freedom by 34: The Humble Penny Origin Story 07:38 Wealth by Ethnicity: Shocking UK & US Statistics You Need to See 13:49 Why Asian Households Build More Wealth (Cultural Money Secrets Revealed) 17:38 The Hidden Wealth Hack: Intergenerational Living Explained 22:18 Black Tax Explained: How Family Obligations Impact Wealth Building 28:39 Income vs Wealth: Why High Earners Still Stay Broke 32:38 The Dangerous Trap of Building Houses Back Home (Diaspora Wealth Mistakes) 36:10 Anti-Immigration Trends & Their Impact on Financial Planning 40:49 How Education Impacts Wealth Building (Why Degrees Don’t Equal Net Worth) 47:54 How Single-Parent Homes Affect Wealth Building 58:27 Wealth Woe Segment Learn more about your ad choices. Visit megaphone.fm/adchoices

Share this episode

Similar Episodes

Why Live and Evergreen Models Both Fall Short

Feb 4, 2026 ·18m

Similar Podcasts

HOMELAND HOMELAND The Church is a body not a building. It's the bride of Jesus Christ! Jesus is coming back for a mature bride. That means it's time for the church of Jesus Christ to move from milk to meat. This is the hour of maturity!HOMELAND is an announcement that the church is being set free. Only the church has the ability to transform the world. The kingdom's of this world will become the kingdoms of our Lord and Savior!All of creation has been waiting for this moment! Sons and daughters of God are rising up and taking their seat! Kaizen Blueprint Aldo Chandra "Kaizen" is a Japanese term for continuous improvement. This podcast provides a blueprint to learn about health, wealth, relationships and everything else in between. Through our podcast, we strive to inspire, educate, and motivate our audience to cultivate a mindset of lifelong learning, productivity, and personal development. By sharing insights, strategies, and practical tips, we aim to guide listeners on their journey towards realizing their fullest potential, fostering success, and creating lasting positive change. Chewing the Fat with WorkForge WorkForge Bite-Sized Conversations for Building a Stronger Workforce Welcome to Chewing the Fat, a podcast delving deep into the world of food manufacturing. Dive into real conversations around critical topics like staffing, retention, onboarding, and career development in this essential industry. Subscribe now to gain insights from your peers, subject matter experts and more on the biggest issues facing food manufacturers today: -Hiring and retaining employees -Addressing the challenges of the Silver Tsunami -Improving time to productivity of new employees -Engaging employees from hire to retire And more... Tune in to Chewing the Fat, a WorkForge podcast, and join the conversation on how to build and sustain a resilient, high-performing workforce in food manufacturing. The Course Mentors Podcast The Course Mentors Hey there, future course creator!Ever feel like turning your know-how into an online course is like trying to solve a Rubik's cube blindfolded? Well, grab your headphones because "The Course Mentors Podcast" is here to be your secret weapon!Meet Aimee and Odette (that's us!), your new best friends in the course creation world. We've been in the trenches for over a decade, and for the last five years, we've been rocking the online course space. Now we're here to spill all our secrets in bite-sized, 15-20 minute episodes that'll fit perfectly in your coffee breaks.No fluff, no filler - just real, actionable advice that'll take you from "um, what's a landing page?" to "holy moly, I just hit six figures!". We're talking everything from crafting your course to marketing it like a pro and building a business that'll have you pinching yourself.Whether you're dreaming of ditching the 9-to-5 grind, adding a sweet extra income str

Frequently Asked Questions

How long is this episode of Building Wealth Without Borders?

This episode is 1 hour and 22 minutes long.

When was this Building Wealth Without Borders episode published?

This episode was published on April 5, 2026.

What is this episode about?

If you’re a small business owner you’ll want to check out Xero, a special Xero offer: Get 90% off for 6 months using this link: https://referrals.xero.com/BuildingWealthWithoutBorders_CollabOne Welcome to the Building Wealth Without Borders podcast...

Can I download this Building Wealth Without Borders episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.