Money/EconomicsWealth Gap

How Do Black People Spend Their Money? (The Racial Wealth Gap)

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By Gary A. Johnson – Black Men In America.com
Updated June 30, 2025 (Originally posted November 5, 2010)

How Black people spend their money has been a hotly debated topic not only on this site, but in our office, at social events and in beauty and barber shops across America.  This article has been the most read and commented article for 15 years running.  Given its impact, I’ve updated it to reflect current realities and offer fresh insights.

Gary Johnson – Publisher (Black Men In America.com)

House

What Black Consumers Say About Money

According to the Pew Research Center, most Black adults are clear on their financial goals:

  • 67% say being debt-free is essential to financial success.
  • 65% want enough money to enjoy life.
  • Nearly half (49%) see home ownership as crucial, while 44% emphasize passing down assets and 43% want multiple income streams.

Yet most also rate their current financial situation negatively (64%). Over half worry about money daily, and 28% say they couldn’t cover three months of expenses if they lost their income.

Black Spending Power & Consumer Habits

  • In 2024, Black purchasing power reached $1.8 trillion, outpacing general U.S. consumer spending at 5% vs. 3% annual growth.
  • The median wealth of Black families is just $44,900.
  • Top purchases? Salty snacks, soft drinks, vegetables/herbs.
  • Black and Hispanic consumers outspend Whites by 30% on clothing, cars and jewelry.
  • 25% of Black consumers prioritize products reflecting their culture.

But there are also deep challenges:

  • 59% say they’ve been mistreated in stores.
  • Only 33% use mobile banking; 55% are unbanked or under-banked, relying on cash.

And tellingly, Black consumers say they’re willing to shift $260 billion in spending to companies that truly meet their needs.

Where the Money Goes: Spending Priorities

For low-income Black households, spending looks like this (Bureau of Labor Statistics):

  1. Housing – 45.5%
  2. Food – 23.5%
  3. Transportation – 11.5%
  4. Healthcare – 4.1%
  5. Entertainment – 3.8%

The Black hair care industry alone is valued at $2.51 billion, with Black women spending 9x more on ethnic hair products than non-Black consumers.

Highlights from “Big Spenders, Small Investors:  Blacks Have Little to Show for Hard-Earned Dollars:

Are We Spending Wastefully?

While there’s no inherent connection between Black people and Lincoln vehicles, there are some interesting trends and historical contexts to consider. Lincoln, as a luxury brand, has been historically associated with certain demographics, including older buyers and those seeking formal transportation like limousines. Additionally, Lincoln has made targeted marketing efforts towards Black consumers, particularly younger generations, which may contribute to perceptions of a connection.

Some surveys and reports suggest that Black Americans, particularly younger generations, show a higher propensity to purchase luxury vehicles, including Lincolns. One report indicated that Black people are 40% more likely to drive a Lincoln compared to other races according to BLAC Detroit. 

Serena Williams is the face of the new 2025 Lincoln Navigator. From my perspective, this is a clever marketing move on the part of Lincoln as they are tapping into Williams’ widespread social media influence.  Serena is the G.O.A.T. (Greatest Of All Time) of tennis, and a force in fashion, and philanthropy. 

According to marketing studies, each year Black Americans spend:

  • $47 billion on Lincoln vehicles
  • $3.7 billion on alcohol
  • $2.5 billion on Toyotas
  • $2 billion on athletic shoes
  • $600 million at McDonald’s and fast food chains

 

Yet only 43.9% of Black Americans own homes (vs. 73.5% of Whites), and most have under $50,000 in retirement savings. Dr. Boyce Watkins put it bluntly: “We don’t use money to invest or produce. When we get our tax refund, we go straight to the store.”

Historical Roots & Systemic Barriers

Here’s something to think about.  According toTingba Muhammad of the Nation of Islam Research Organization (NOIRG) wasteful Black spending is rooted in slavery. According to their research 42 million Blacks have a spending power amounting to $1.1 trillion, which gives each man, woman, and child an annual spending power of $26,200 dollars.  Blacks spend their money overwhelmingly with white businesses on the following products and services:

  • Tobacco $3.3 billion
  • Whiskey, wine, and beer $3 billion
  • Non-alcoholic $2.8 billion
  • Leisure time spending $3.1 billion
  • Toys, games, and pets $3.5 billion
  • Telephone services $18.6 billion
  • Gifts $10 billion
  • Charitable contributions $17.3 billion
  • Healthcare $23.6 billion

Nation of Islam researchers argue this spending pattern is rooted in history: after slavery, many Black Americans distrusted banks or legal systems. Instead, they trusted only what they could immediately buy and hold. That psychology, they say, was deliberately reinforced by economic oppression.

So, today, many Blacks don’t trust banks, or the courts—Blacks “trust” only that which they can hold in their hands at that very moment. As destructive as that behavior is to Black progress is exactly how profitable that behavior is to whites—who will do anything to keep Blacks on that thinking track.

55 percent of Black Americans are unbanked or under-banked meaning they do not have a bank account or the appropriate bank account. (Federal Deposit Corporation Survey)

Meanwhile, systemic policies still widen the gap:

  • The Homestead Act excluded Black families from land ownership.
  • The original Social Security Act left out domestic/agricultural workers — mostly Black.
  • Redlining blocked Black home ownership.

Result?

  • 76% of Black consumers live paycheck to paycheck.
  • How Long Does Money Stay in Various Communities?
    • Black community: 6 hours
    • White community: 17 days
    • Jewish community: 20 days
    • Asian community: 30 days

How Higher-Income Black Americans Spend

A Merrill Lynch study of Black households earning $125K+ found they:

  • Focus on supporting family, paying off debt, and preparing for retirement.
  • Are 5x more likely to financially support parents than other affluent groups.
  • Invest more in entrepreneurship and unique career paths — yet reinvest only ~$68K into businesses vs. $468K for white counterparts.
Black Elite:

A distinct “black elite” or “black upper class” is emerging, comprised of individuals with high disposable incomes and net worth, including entrepreneurs, professionals, and high-earning individuals in various fields.

A study by Credit Suisse and Brandeis University’s Institute on Assets and Social Policy found key differences in wealth-building approaches:

  • Wealthy Black Americans are less likely to invest in stocks and bonds, favoring safer assets like CDs, savings bonds, and life insurance.
  • Black Americans invest more in real estate than Whites—41% of non-primary residence assets versus 22% for Whites.
  • Black business owners reinvest less in their businesses—$68K on average vs. $468K for White business owners.
  • White business owners invest 7 times more in their companies despite equal business ownership rates.

Matthew Corbin’s 5 Reasons Why Black People Struggle Financially:

  1. Spending more money than earned
  2. Lack of support for Black-owned businesses
  3. Insufficient savings
  4. Limited investment knowledge
  5. No clear plans to escape poverty

The Church & Black Wealth

No discussion of Black money is complete without mentioning the church.
Since 1980, Black churches have collected an estimated $420 billion in tithes and offerings, an average of $252 million a week. Author Byron Woulard argues:  “The money spent tithing could have bought 93,000 homes or paid college tuition for 933,000 students.”

Historical Context: “The Secret of Selling the Negro Market”

For a fascinating look at historical perceptions of Black consumer power, check out the 1954 film The Secret of Selling the Negro Market. Created by Johnson Publishing Company, the film was designed to educate white advertisers about the purchasing power of Black Americans.  This film shows how Black spending habits were viewed decades ago and invites reflection on how far we’ve come—and how far we still have to go.

So What’s Next? Building Generational Wealth

Experts like Kimberly Anderson-Mutch offer solutions:

Teach kids about money early.
–Invest in real estate.
–Build businesses.
–Buy stocks & diversify income.
–Write wills & estate plans.

The racial wealth gap isn’t just a historical problem — it’s alive and well in 2025. Despite higher levels of education and entrepreneurship, the typical Black family still holds only a fraction of the wealth of white families. In fact, the gap has widened.

Where We Stand Today

In 2025, the typical Black family still owns just 15 cents for every dollar held by a white family.  Wealth is generational. Without an inherited cushion, it is very difficult for Blacks to make any significant financial gains.

Black consumer spending is shaped by economic conditions, cultural values, and systemic barriers. This ongoing series aims to spark discussion, provide resources, and promote financial empowerment.

Some economists have suggested that people invest in state-funded trust accounts for every child. These could reduce the Black-white wealth gap from 16x to just 1.4x. Another suggestion is legislation to support first generation home buyer support in the form of grants or forgivable loans for families without inherited housing wealth.  One of the most talked about initiatives is targeted student debt relief since Black graduates carry the highest debt loads.

Final Thoughts

This isn’t about shaming Black spending. It’s about awakening our collective power. If we don’t tackle the roots of this problem, we’ll be updating these same stats in 2035. As a community, we can’t wait — we must build savings, support Black businesses, and push policies that close these gaps for good.

If 42 million Black Americans control $1.1 trillion, that’s $26,200 per person, every year. Imagine what could change if more of that money stayed in our hands, invested in our kids, our businesses, and our future.

If you want to educate yourself and others about how to earn and spend your money responsibly, read the book, Black Dollars Matter: Teach Your Dollars How to Make More Sense, by James Clingman.

There is a great organization called World of Money.  Founded in 2005, the World of Money is a New York City based 501(c)(3) non-profit organization whose mission is to empower youth through the engaged, local delivery of professional quality financial education. World of Money Founder and CEO, Sabrina Lamb, while attending a financial planning seminar, was inspired by a compelling question. Are children, in the course of their education and upbringing, getting this information on how to manage their financial life? After conducting some research on the subject, Ms. Lamb found that the answer to her question was a resounding “no”. So, after affirming the detrimental effects of this knowledge gap, she set forth to leverage her experience as an entrepreneur and love of working with children to create World of MoneyClick here to visit their website and learn more.

There over 35 Black owned banks and credit unions in the United States.

Check out the list below!

  1. Omega Psi Phi Credit Union – Lawrenceville, Georgia
  2. Phi Beta Sigma Federal Credit Union – Washington, DC
  3. One United Bank – Los Angeles,California
  4. FAMU Federal Credit Union – Tallahassee, Florida
  5. Credit Union of Atlanta – Atlanta, Georgia
  6. North Milwaukee State Bank – Milwaukee, Wisconsin
  7. Seaway Bank – Chicago, Illinois
  8. The Harbor Bank- Baltimore, Maryland
  9. Liberty Bank – New Orleans, Louisiana
  10. United Bank of Philidelphia – Philidelphia, Penn
  11. Alamerica Bank – Birmingham, Alabama
  12. Broadway Federal Bank – Los Angeles, California
  13. Carver State Bank – Savannah, Georgia
  14. Capital City Bank – Atlanta, Georgia
  15. Citizens Trust Bank – Atlanta, Georgia
  16. City National Bank – Newark, New Jersey
  17. Commonwealth National Bank – Mobile, Alabama
  18. Industrial Bank – Washington D.C.
  19. First Tuskegee Bank – Tuskegee, Alabama
  20. Mechanics & Farmers Bank – Durham, North Carolina
  21. First Independence Bank – Detroit, Michigan
  22. First State Bank – Danville, Virginia
  23. Illinois Service Federal – Chicago, Illinois
  24. Unity National Bank – Houston, Texas
  25. Carver Federal Savings Bank – New York, New York
  26. OneUnited Bank – Miami, Florida
  27. OneUnited Bank – Boston, Massachusetts
  28. Tri-State Bank – Memphis, Tennesse
  29. Citizens Bank – Nashville, Tennessee
  30. South Carolina Community Bank – Columbia, South Carolina
  31. Columbia Savings and Loan – Milwaukee, Wisconsin
  32. Liberty Bank – Baton Rouge, Louisiana
  33. Liberty Bank – Kansas City, Missouri
  34. Citizen Trust Bank – Birmingham, Alabama
  35. Liberty Bank – Chicago, Illinois
  36. Liberty Bank – Jackson, Mississippi
  37. Toledo Urban Credit Union – Toledo, Ohio
  38. Hill District Credit Union – Pittsburgh, Pennsylvania

Photo credit:  Couple counting money — Image by © Jose Luis Pelaez Inc/Blend Image/Blend Images/Corbis

** Sources:  U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure (CE) Survey,

http://racisminamerica.org/the-real-reason-why-blacks-spend-their-money-and-dont-save/, CNN, Harvard Business Review,

http://curatorsofdopenessblog.tumblr.com/post/72870270050/black-money-white-money

Gary Johnson is the Founder and Publisher of multiple online platforms, including BlackMenInAmerica.com, BlackBoatingandYachting.com, and others. He is also the author of 25 Things That Really Matter in Life: A Quick and Comprehensive Guide to Making Your Life Better—Today! and a contributing author to The Black Father Perspective: What We Want America to Know and In Search of FatherhoodTranscending Boundaries: International Conversations on Fatherhood.

Gary launched MasterChef Gary’s Premium Organic Seasoning in 2019 and has since expanded his ventures to include Calculations Talk Show, The Thought Brothers, and a podcast and website supporting the Justice for Black Farmers movement. In 2023, he founded Gary Johnson Media, LLC to focus on public relations and social media strategy.

Most recently, he created Gary’s Weight Loss Journey, a motivational site chronicling his personal path to better health.

Learn more about Gary’s work at Gary Johnson Media, LLC.

Black Men In America.com
Since our launch in 2001, Black Men In America.com has evolved from a news site focusing on black men to a well-rounded social, current events and political website featuring content that people want to share and talk about.  We have thought-provoking content that aims to educate, entertain and inspire our site visitors to become good citizens and role models in their community.  Please do not use this site to post or transmit any unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane or indecent information of any kind, including without limitation any transmissions constituting or encouraging conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any local, state, national or international law. You alone are responsible for the material you post.

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26 Comments

  1. […] land, but let’s show them that we’ve kept them in business since the very beginning. It is a known fact that Black Americans spend an estimated of $1.2 TRILLION a year. From June 15th through the 22nd; I propose ALL OF AMERICA, or at the very least my followers and […]

  2. […] How Do Black People Spend Their Money? (The Racial Wealth Gap) June 22, 2019 […]

  3. […] The Times article attributes this disparity to distrust of the hospice industry. Perhaps there’s some truth to that, but it’s hard ignore the fact that this goes hand in hand with other high time-preference traits found in blacks, such as not investing and higher crime rates. For example: […]

  4. […] not sure how up to date the information is on this particular webpage of “Black Men In America,” but what I do know is that there is a lot of content worth taking in consideration. Indeed, […]

  5. […] Johnson, G. A. (2018, November 12). Updated report: How do black people spend their money? Retrieved March 12, 2019, from https://blackmeninamerica.com/updated-how-do-black-people-spend-their-money-3/ […]

  6. […] building a business or furthering their business (if they had one.) An excellent article from blackmeninamerica.com reveal that studies show Caucasians on average invest 7 times as much into their businesses than […]

  7. This is what we really need to focus on thanks for the breath of fresh air…

  8. […] have great potential to accumulate wealth. And, the first step towards building riches is to save. The annual expenditure of black people is 4 percent greater than any other race despite the fact they have the highest rate of poverty […]

  9. Me I am investing in a Black Owned Company Ztegrity the ZBlackcard let me lay it done. White people want to fee you tii death on prepaid card a lot of black people use. Rushcard was suppose to be for the black community. hey Russell Simmons sold it for millions to Green Dot. Finally a prepaid Mastercard or Visa for the people that buy everything. Of course what makes it special NO FEES what makes it more special Reports to the credit Bureau. What makes this card 3 times special you can have a trade line from $1000 to $10000 for a year to build your FICO scores built in just keep paying. And to top it off for $50 a month Drive your Dream Car. Black people support this CEO he doing it out of Houston TX for us. See More at http://zblackcard/getyours. Oh one more thing, the Zblackcard is all Metal just like an American Express Blackcard that you can’t even get. ENJOY BUY BLACK❤

  10. OMG, so much information to ponder. Are these statistics correct? I have always been a believer in putting money back into your community and this article solidified my reasoning.

  11. This article is truly amazing. It is full of important information and data that should spark African-American “to do for self.” You have gain a new follower. Thanks for all this information!!!

  12. Too much damn information. How many people do you think are going to read this? This article, more concisely stated, could be ten times more effective. You make many solid points however, and I suggest that many of our people are crippled by self-hate and dysfunctional families which is where the battle begins. Tteach us to love ourselves and rebuild our families from the damage done by the well-intentioned section 8. Right now single parent families by race are blacks 62%, latinos 34% and whites 22%. It was not always so and up to 1960 something like 92% of white women had been married at least once by the age of 40 with 86% for black women. So start there, teach self-love, bring the family back and teach financial literacy. Earl Graves (Black Enterprise Mag.) is doing some good work. all this tendency to ostentatious living, bling bling and fast cars is born of self-hate and insecurity.

    1. Too much damn info? The lazy will fall, the strong will overcome laziness and actually read for more than 30 sec.

  13. […] this episode, we tackle some hard truths about the deep divide between spending habits of Black Consumers and the selling habits of Black Business Owners. The video below is a primer to white business […]

  14. Most mega churches are owned by white board members who teach them how to pimp their own Black people. This is nothing new, it stated during slavery when the white so- called master taught the slave preacher to teach the slaves to be submissive. and never think of running away. The slave Preacher made sure he taught the slaves to love his master more than he love himself. The Negro Preacher could never preach about independence or freedom because he was too scared to even thinking of being away from his white blue eyed oppressor. Today, the Black church is no better. 99.0% of all Black preachers are scared of the word independence or freedom. They all remind me of Fiddler from Roots. When the brave warrior was trying to teach old Fiddler about freedom he said stop that! I don’t want to know nuttin about freedom! The Black preachers today is the modern day Fiddler. They are too scared to build up wealth for the Black community. Most of them have borrowed so much money from the white man bank he probably owned their church and the Black preacher too. They are afraid to be completely free from their white Lord! I bet most of these big and small churches have their account set up at the white man’s bank. Until these Black preachers get that hump out his back, the white man is going to continue to hell! The brother was talking about the night club taking Black people’s money is different because people are aware that they are going into the Lions Den. However, the church make you believe that you are coming into the house of the Savior to be save but really you are being pimped out of you money in the holy name of the Messiah! The only person who wins in these mega churches are the Black Preacher and the man he owes his mortgage to and that’s his modern day slave master- The white bank!!

  15. […] bloggers and commentators have suggested that the $12 billion to $13 billion per year going to black church […]

  16. […] bloggers and commentators have suggested that the $12 billion to $13 billion per year going to black church […]

  17. HI JONATHAN, GREAT COMMENT, ALL THIS ARTICLE IF FACTUAL , I THINK THERE MUST BE CHANGE AND FOR BLACK FOLKS TO WAKE UP FROM THERE SLEEP. I’V NOTICE WHILE OUT SHOPPING , WHEN YOU LOOK AT OTHER PEOPLE OF COLOR IN THE FACE, YOU CAN SEE THE SELF HATE THAT HAS BEEN PROGRAMMED INTO SOME NOT ALL, I PERSONALLY THINK WE SHOULD STOP GIVING ALL OF OUR FUNDS TO THE DAM CHURCH AND SPEND IT WITH OTHER BLACK BUSINESS LIKE I DO, IM SELF EMPLOYED WITH 3 DIFFERENT BUSINESS, AND CURRENTLY BUILDING ANOTHER FOR MY KIDS, TEACHING THEM ABOUT KEEPING THERE CREDIT SCORE HIGH, INVESTING IN STOCKS,WEALTH BUILDING THRU REAL ESTATE, PEOPLE SHOULD ALSO CONSIDER INVESTING IN OR ALL OVER THE CARIBBEAN, WHERE WE ALL SHOULD BE SOMETIME OR ALL TIMES OF THE YEAR.

    I CAN RECOMMEND SOMETIME THING TO TRY BUT ITS ALL LEFT UP TO THE INDIVIDUAL AND THE MAN/WOMAN OF THE FAMILY..

    FIRSTLY WE HAVE TO TRY TO STAY OFF ALL THE FAST FOOD WHICH IS CAUSING OUR BODIES NOT TO THINK CLEARLY, ALL THOSE GMO,HIGH SUGARS FOODS (SYNTHETIC) STUFF.

    SECONDLY, SELF EDUCATE IF KEY, GET A INTERNET CONNECTION AND RUN WITH IT, I DO IT DAILY,

    THIRDLY: START SMALL SUPPORT YOUR OWN FIRST, I PRACTICE THIS IN MY BUSINESSES AND ITS REALLY HELP , YOU SEE IT IN SALES AND YOU MUST ALWAYS GIVE BACK IN SOME WAY, THE UNIVERSE WILL RETURN IT BACK TO YOU BECAUSE IT KNOWS WHAT YOUR HEART IS DOING, ITS ALL SEEING!!

    FORTHLY, WILLINGNESS TO SHARE YOU KNOWLEDGE, TO MANY OF US GAIN THE INFORMATION , GET A LITTLE MONEY AND FORGET ABOUT EVERYONE ELSE, THIS WILL SPELL FAILURE, WHAT WILL YOUR CHILDREN INHERIT . YOU SEE, YOU HAVE THIS GREAT THING INSIDE OF YOU CALLED MELANIN, (CARBON) , ONCE YOU GET TO KNOW WHO YOU REALLY ARE, THE WORLD IS YOURS. TRY IT , IT REALLY WORKS, ITS WORK FOR ME,

    LISTEN TO GUYS LIKE THE FOLLOWING, DR. DELBERT BLAIR, JOHN HENRY CLARKE, DR. SABI,MINISTER ENQI, DR. UMAR JOHNSON, DR. LALLIA AFRIKA, DR. BEN JOCHNNEN , PROF IVAN VAN SERTINA, TO L;ONG OF A LIST TO NAME, PROF JAMES SMALL,

    BIG PRAISE TO MINISTER ENQI AND KT, THEY HAVE TAUGHT ME SO MUCH, I LIKE TO SHARE THERE NAME , GO TO YOUTUBE FOR MORE INFO, THEY KNOW THE BLACK BODY. THIS IS WHY WE NEED TO CHANGE OUR DIETS

    BUSINESS: START SMALL, DO BUYING AND SELLING, SELL SOMETHING,THERE ARE LOTS OF SUPPLIERS ALL OVER THE WORLD LOOKING FOR DISTRIBUTORS, START OFF WITH ONE SAMPLE, JUST LIKE I HAVE STARTED ONE OF MY BUSINESS. KNOCK ON DOORS OF FRIENDS,FAMILY, PEOPLE ON THE STREET, ANYONE, PUT UP A FACEBOOK PAGE, INSTAGRAM IN YOUR COMMUNITY, TRUST ME ,ONCE THE UNIVERSE SEE WHAT YOU ARE DOING, ITS WILL PLACE THE RIGHT PEOPLE IN FRONT OF YOU.

    I’LL STOP HERE OR ELSE I CAN WRITE A BOOK, THIS IS JUST THE SELF LOVE FOR MYSELF AND MY FAMILY, SO PEOPLE GET OUT THEIR AND TAKE ON THE WORLD AND BUILD A WEB-SITE, TRY WIX.COM OR VISTAPRINT, DO IT YOURSELF.

    AND NO IM NOT GETTING ANY KICKBACK FOR THE LISTED REFERRALS ABOVE.

    P.S WHEN YOU READ THE ARTICLE AND THEY TELL YOU THAT YOU ARE SPENDING 18.6 BILLION ON USELESS GOODS, THAT HAS NO FUTURE PROFIT. BOY!!!!!!!!!!!!!

  18. […] back to the point, think about this for a minute blacks spend about $1.1 trillion a year. This is more money than the wealthiest man in the world is worth. Bill Gates is only worth […]

  19. i find it interesting that the writer mentioned pastors taking people money which this type of behavior is a great minority in the church period and yet the writer did not give the other side of what churches do with tithes which is give to the poor, provide a place of worship which is clean and comfortable for the parishioner. also many churches help members who are in need but there was no mention of this. I might also add by the way how many smokers and drinkers and drug users and ex prostitutes and criminals go to church and change their lives whether you believe in it or not and thus they are not killing, breaking into our homes, selling their bodies, doing drugs anymore and thats ll because they walked into a church one day where the tithes kept the lights on and allowed them a place to go and find help. oh and if you want to know the greatest hustle in our community that takes and gives nothing back its the clubs that we go and pay thousands of dollars in entry fee and drinks only to dance all night and yet they give nothing back to the community. Nike and the tennis shoe industry, the clothing industry etc….

    So who ever you are to be so irresponsible to place that statement in your article without looking at all the good the church has done and actually coming up with a comparable dollar amount it has given back to our community is very irresponsible. see all good can’t be calculated in dollars and cents, let me leave you with this which no amount of money can ever equal. this is just one example of this. As a pastor five years ago I met a lady once who was cheating on her spouse and he was not in the church at the time and he believed all the church wanted was people money. What he did not know is the church, was working with his wife to help her overcome her behavior because she loved her husband and didn’t want to do that to him… Through prayer and many days and hours of walking with that person she was able to be delivered from this behavior, this woman found the church one day and wasn’t coming to join but for another reason but instead God helped her. Now you may believe that all the pastors want is the tithe and to get rich but i have you know the average pastor earns less that 28 thousand through pastoring and its a very hard and long hours job. Only 3 percent of churches with more than 1,600 people in attendance pay senior pastors more than $300,000, said Warren Bird, research director at Leadership Network. At the other extreme, a recent study by the National Association of Church Business Administration found that the average American pastor with a congregation of 300 people earns a salary of less than $28,000 a year. I sometimes give my parishoners time set aside for my children and wife because they are in need. I am not angry at you because clearly you are using a lightening rod subject to advance your notion that the church is keeping Blacks poor. I simply want you to do what journalist who actually care about fair and honest reporting are taught to do. get both sides of the subject matter and report them with integrity… by the way that woman has once said to the church God used you to save my life and i think she will tell you that 50 dollars a week to have her marriage back and leave a place for a new soul to come in and get help with the broken part of their life is well worth it!!!!!!!!!!!!!!!!!!!

    1. Hi,

      While you can argue that in time past, the church has done so much good (I just finished writing an article about the positive influence the church had during the slave era), in the present day, the objective of the church needs to be evaluated. All the time spent in praying and organizing church events, could be spent in skill capacity building and acquiring more knowledge.

      The present day environment reveals that nobody has all the answers. Thus, the church ought to evolve to meet the present needs of the populace rather than depending on it for sustenance. It is my opinion that pastors should work. I currently have the desire to establish a church, so as to help create more inspiring pictures in the minds of the attendees. I aim to instill ambition into them, love, worthwhile values, and push them to contribute their quota here on earth (And God said, “Let us make man in our own image, and let them ‘dominate’ the earth…”).

      However, I am working to establish the companies and businesses that would ensure my family is well taken care of, so that I do not have to succumb to receiving an offering/collection in the church. In this manner, the church would be run like a nonprofit. However, every money gotten and spent would be accounted for, and put up on the church website.

      We need to do more for our environment than make ends meet; and then, attend religious events. It’s my strongest belief that it is our responsibility (each of us) to build God’s world. Since the 7th day, He “rested”, and man has been doing the building ever since.

    2. Tony must be a pastor. Lol

  20. […] you read my article, please read the latest article written by the publisher of Black Men In America.com.  The article is “How Do Black People Spend Their Money?” This article is scary and will […]

  21. Thank you for that information! I humbly accept these findings as some lay particular in my household. We as a community need to recognize and take responsibility for our own actions and make better decisions for our households. We’ve lost two generations of fathers and grandfathers to prison, drugs or death. We have to make a come back and remove this “status quo” or stereotypical: Jordans wearing, McDonalds eating, Flat-screen TV buying, Tax refund spending, beauty product buying, human-hair weaving/fixing, Premium package cable looking, dollar store snooping, malt liqour drinking, no job having, apartment renting, EBT name brand spending, Mentality. I’ll take my cut of the $1.1 trillion buying power and now spend it elsewhere in our community and put more in my retirement. Regards

  22. […] black Americans having an estimated $1.3 trillion in buying power, a single dollar stays in the black community for only six hours compared to 17 days in the white community and 30 days in the Asian […]

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