MIND YOUR BIZNESS
Building a Legacy
of Financial Freedom
Article by
Dr. DeForest B. Soaries, Jr.,
gap has not grown smaller as the years have passed. Instead, it has widened considerably from where it was just four decades ago." Soaries offers the following points on closing the wealth gap:
Closing the gap through
financial planning
There are many strategies for closing the gap of race-based economic inequality and the financial services industry plays a vital role in all of them. As experts in the field, financial services professionals possess a unique ability to support Black Americans in breaking down systemic barriers and shifting individual behaviors in order to create a new financial legacy. The financial services industry can also increase access to products and services, policy solutions and community investments.
Yet education is only one part of the solution. There must also be outreach.
Partnering with community and faith-
(BPT) - What does Juneteenth mean to you? For millions of Americans, Juneteenth marks an important moment in American history, one that spans 154 years. The original Juneteenth dates back to 1865 and commemorates the day the enslaved people of Galveston, Texas, were notified that they were free by executive decree. This came two years after the Emancipation Proclamation went into effect.
"While this event marked a historic day for Black Americans, the effects of these injustices still linger," said Dr. DeForest B. Soaries, Jr., the founder of the dfree(R) Financial Freedom Movement, a wealth-building system whose mission is to heal the wounds of the past and create new paths to financial freedom. "Today many black families still deal with race-based economic inequality and, shockingly, the