The Black wealth gap is about more than just money—it’s about how we think.
- projectownership20
- 3 days ago
- 2 min read
I’ve been thinking a lot about a tough question lately: Why is it so rare for African Americans to own assets like stocks, real estate, or businesses?
It’s easy to focus on the obvious stuff—like not having enough extra cash to invest or the ways the system has worked against us. Those things are real. But after doing some deep research, I’ve realized there is a bigger issue. For a lot of reasons, many of us just don't believe that building wealth is actually possible for us.
That’s a hard truth to face, but it’s also where the hope is. Why? Because if the main barrier is in our minds, then we are the ones who have the power to fix it.
There’s a great quote that says, "We are the sum total of our thoughts." Basically, we become what we spend our time thinking about. If we want to change our bank accounts and leave something for our kids, we have to change thoughts first. We have to give ourselves permission to believe that we can be wealthy.
Where to start
We at ProjectOwnership.org want to help you make this shift. If you’re looking for a place to begin, you have to read (or listen to) "Think and Grow Rich: A Black Choice" by Dennis Kimbro.
It’s not just a book—it’s a guide made specifically for us. It helps you get rid of old doubts and starts training your brain to think like an owner.
Building wealth isn't just about where you end up; it’s a mindset you practice every single day. I truly believe we can change our financial future. It all starts with changing our thought process, and the only way to do this is by studying the thought processes of people who have become wealthy.
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