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Black Households Lead in Commitment to Financial Planning - Believe in Banking

Summary by Believe in Banking
The Story: As racial disparities in the banking system persist, Black households are taking a proactive approach to making their money go further. Data from RFI Global and MacroMonitor finds that nearly one out of every six Black households is committed to learning how to budget better, compared to one in every ten white households. While people empower themselves, banks are stepping up, too. “Many U.S. banks and financial institutions are makin…
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Believe in Banking broke the news in on Friday, February 14, 2025.
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