Black spending power topped $1.2 trillion dollars in 2016, according to African-Americans: Demographic and Consumer Spending Trends, 10th Edition. The ability to leverage these dollars is widely accepted as a key to building Black wealth. However, doing so can be easier said than done.
If you want to make a difference with your holiday shopping by making a greater effort to support Black entrepreneurs and spend a larger percentage of your budget with Black-owned businesses, consider these tips.
Click ▶️ to hear Alfred Edmond, Jr.’s Money Matters report: