Thriving vs. Surviving: Part of Creating Wealth Is Making Your Money Work For You.

Taking Control of Your Financial Success Without Compromise Sponsored by Merrill

It's important to recognize how one's identity can influence their financial goals, perspectives, and success. Merrill's study, Diverse Viewpoints: Exploring Wealth in the Black/African American Community, published in 2021, revealed that 60% of affluent Black/African Americans feel like they had to work harder than others to succeed, compared to 29% of the affluent general population. Hard work, in the Black/African American community, is often equated to longer hours, a multitude of responsibilities and emotionally taxing demands. This is all contrary to passive income. According to Diane, a financial advisor quoted in Merrill's research, part of creating wealth could be making your money work for you. Head over to Essence.com to read more about Black/African American wealth.

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