{"id":4829,"date":"2022-01-25T12:13:22","date_gmt":"2022-01-25T17:13:22","guid":{"rendered":"https:\/\/alumni.cornell.edu\/cornellians\/?post_type=book&#038;p=4829"},"modified":"2022-02-18T16:53:08","modified_gmt":"2022-02-18T21:53:08","slug":"fixing-the-racial-wealth-gap","status":"publish","type":"book","link":"https:\/\/alumni.cornell.edu\/cornellians\/book\/fixing-the-racial-wealth-gap\/","title":{"rendered":"Fixing the Racial Wealth Gap"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Rodney Brooks \u201975<\/h2>\n\n\n\n<p>Brooks is a veteran financial journalist who has published columns in <em>U.S. News &amp; World Report<\/em>, the <em>Washington Post<\/em>, <em>USA Today<\/em>, and elsewhere. As he notes, he has also long served as an informal advisor to friends, family, and colleagues\u2014encouraging them to practice financial literacy and sound retirement investment. He puts that advice on paper in this <a href=\"https:\/\/www.goodreads.com\/book\/show\/59554018-fixing-the-racial-wealth-gap\" target=\"_blank\" rel=\"noopener noreferrer\">practical guide<\/a>, geared toward helping fellow African Americans build their nest eggs and secure a stronger financial future. As he notes, the racial disparity in assets is stark: while the net worth of the average white family in the U.S. is $171,000, for the average Black family it\u2019s just one-tenth that amount: $17,150. The book includes chapters on why making a budget is crucial, the path to becoming a \u201c401(k) millionaire,\u201d and tips on preventing your finances from being negatively impacted by others, including family members. As Brooks puts it: \u201cMy advice will make you Blacker, financially speaking.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-right\"><em><a href=\"https:\/\/alumni.cornell.edu\/cornellians\/books\/\">More books by Cornellian authors<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Veteran financial journalist Rodney Brooks \u201975  produced this practical guide, geared toward helping fellow African Americans build their nest eggs and secure a stronger financial future. <\/p>\n","protected":false},"featured_media":4798,"template":"","categories":[],"tags":[],"cornell_author":[],"cornell_year_book":[],"class_list":["post-4829","book","type-book","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fixing the Racial Wealth Gap - Cornellians | Cornell University<\/title>\n<meta name=\"description\" content=\"Veteran financial journalist Rodney Brooks \u201975 produced this practical guide, geared toward helping fellow African Americans build their nest eggs and secure a stronger financial future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alumni.cornell.edu\/cornellians\/book\/fixing-the-racial-wealth-gap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fixing the Racial Wealth Gap - 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