America's African American racial wealth gap is very complicated and requires significant work regarding changes needed to policies and programs to close the gap. The wealth gap has minimal progress with closure since the Emancipation Proclamation signing because of many contributing factors. Some of those factors include limited earnings and equal financial opportunities contributed by systematic racism, predatory lending, and racial injustices. Additionally, African American citizens lack financial education, which leads to questionable financial decisions regarding spending, borrowing, savings, investing, wealth protecting, homeownership, and inheritance planning. Many books, seminars, and self-help claim to guide and help people improve their financial knowledge; however, statistics demonstrate that the wealth closure gap is minimal.In this ministry project, the author created a grassroots educational program to educate and make foundational wealth impacting opportunities. In addition to educating, the program was designed to close the gap between knowledge and constructive financial decision-making to improve the African American community's financial position. The author demonstrated that personal financial education combined with a financial strategy and wise financial actions could improve African Americans' financial position. The project design consists of leveraging biblical financial principles and information from other writings such as articles, journals, and books to garner information to improve financial knowledge within the African American communities. The project aims to create a foundational program that can leverage African American churches' current infrastructure as a catalyst for advancing financial literacy. The project was defined with a focus on African American communities; however, it can be leveraged for any group regardless of ethnicity.
|Advisor:||Flynn, James T.|
|Department:||School of Divinity|
|School Location:||United States -- Virginia|
|Source:||DAI-A 82/8(E), Dissertation Abstracts International|
|Subjects:||African American Studies, Black studies, Education finance|
|Keywords:||Financial literacy, Personal finance, Financial empowerment, Poverty in the U.S., Racial wealth gap, Systematic racism, Louisiana|
Copyright in each Dissertation and Thesis is retained by the author. All Rights Reserved
The supplemental file or files you are about to download were provided to ProQuest by the author as part of a
dissertation or thesis. The supplemental files are provided "AS IS" without warranty. ProQuest is not responsible for the
content, format or impact on the supplemental file(s) on our system. in some cases, the file type may be unknown or
may be a .exe file. We recommend caution as you open such files.
Copyright of the original materials contained in the supplemental file is retained by the author and your access to the
supplemental files is subject to the ProQuest Terms and Conditions of use.
Depending on the size of the file(s) you are downloading, the system may take some time to download them. Please be