‘The dollar you save today is going to save your butt tomorrow’
Rapper, businessman, and activist Michael Render, known to the world as Killer Mike, has long been an outspoken advocate of Black political and economic empowerment. Render recently joined Yahoo News’ Marquise Francis and Spelman College economics professor Suneye Holmes for a discussion centered around Juneteenth and Black financial wellness as part of Yahoo’s “Juneteenth: Soul of America” special.
A 2020 report done by Citigroup found that if the wages, education, housing, and investment gap for Black Americans were closed 20 years ago, $16 trillion could have been added to the U.S. economy. And if the gaps were closed as of September 2020, $5 trillion could be added to the U.S. GDP over the next five years.
Render says that within the Black community, increasing financial wellness is just as important as boosting political involvement.
“Take care of your money; your money is every day. Voting happens every two and four years ……
