As a birthday present, dad gives daughter a house so she may learn to be financially independent. She’s thirteen years old.

 

It’s no wonder many Americans feel set up to fail the second they grab their diploma — particularly now, as the unemployment rate remains troubling amid the current health crisis.

Shabazz is hoping to end that cycle for his kids, once and for all. It’s all part of building generational wealth — something that white families have enjoyed for decades,

but Black families have especially struggled to gain. Of course, there are many contributing factors as to why,

but plenty of experts agree that a variety of government policies have historically held African Americans back.

(Just look into how the Fair Housing Act led to decades of housing segregation to see the source of much of it.)

But little by little, Black Americans are working hard to close the racial wealth gap, starting with dads like Shabazz.

 

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