Meaningful Living in the Hashtag Age

Posts tagged ‘wealth’

How We Heal: Does the Legacy of Slavery Still Shape Black Wealth, Relationships, and Educational Achievement?

Many will read this and scoff at the idea that the past can profoundly shape the future. They will argue that looking backward—particularly at the pain and trauma of slavery—is merely an excuse, a scapegoat, or evidence of a victim mentality. They will point to the progress that has been made, the civil rights victories that have been won, and the extraordinary achievements of a strong, resilient, and resourceful people as proof that the past should no longer matter.

For these reasons, I need to be clear about something: My intention in writing this piece was not simply to put words on a page, but to provide a firsthand perspective shaped only by my lived experiences. These observations have been formed through years of living in a Black body, countless conversations, and more than 50 years of asking questions about what it means to be Black in America.

What I’ve learned is that pain does not always begin with the person carrying it.

Sometimes pain is inherited.

For African Americans, the trauma of slavery did not end with emancipation. The physical brutality, family separation, economic exploitation, and systemic dehumanization experienced during slavery created wounds that have echoed through generations. Researchers often describe this phenomenon as intergenerational trauma — the transmission of emotional, behavioral, and social consequences from one generation to the next.

The transmission of pain is not about blaming previous generations. Our ancestors survived unimaginable circumstances and often did the best they could with the resources available to them. However, understanding how historical trauma continues to shape our communities is essential if we hope to heal and create healthier futures.

Below are three ways pain has been passed down within Black communities — and what we can do to interrupt the cycle.

1. Economic Trauma and the Wealth Gap

Slavery denied Black Americans the opportunity to accumulate wealth for more than 250 years. Following emancipation, discriminatory policies such as Black Codes, sharecropping, redlining, and employment discrimination continued to limit economic opportunity.

The consequences remain visible today. According to data from the Federal Reserve, the median wealth of White families is several times greater than that of Black families. The median wealth (or median net worth*) of White households is $284,310, while the median wealth of Black households is $44,100. In other words, for every $100 in wealth held by White families, Black families hold approximately $15.

This wealth gap affects housing, educational opportunities, entrepreneurship, retirement security, and the ability to pass assets to future generations.

Because many Black families have experienced generations of economic instability, financial fear often becomes part of family culture. Children may grow up hearing messages such as:

  • “Don’t take risks.”
  • “Just get a stable job.”
  • “We can’t afford mistakes.”

While these beliefs are understandable, they can sometimes discourage entrepreneurship, investing, and long-term wealth building.

How We Heal

  • Teach financial literacy in homes, schools, and churches.
  • Normalize conversations about investing and wealth building.
  • Support Black-owned businesses and community economic development.
  • Create estate plans and intentionally transfer assets to future generations.

Healing economic trauma requires moving from survival thinking to legacy thinking.

2. Family Separation and Relationship Challenges

One of slavery’s most devastating practices was the routine separation of families. Husbands, wives, parents, and children were bought and sold as property. Family bonds were repeatedly broken by force.

Generations later, many Black families continue to navigate the effects of disrupted attachment, fears of abandonment, and distrust. Researchers have found that traumatic experiences can influence parenting styles, relationship behaviors, and emotional development across generations.

Family separation also has a significant impact on wealth building and quality of life. A 2021 study by the Institute for Family Studies found that married Black Americans have more than three times the wealth of their unmarried peers — approximately $230,000, compared with $65,000.

According to Essence magazine, Black Americans have the highest divorce rate among the nation’s major racial and ethnic groups. Data cited by the publication indicates that only 30% of Black adults are married, compared with 48% of the overall U.S. population. Fifty percent of Black adults have never married, compared with 34% of the general population. Divorce is also more common among Black women (38.9%) and Black men (38.7%) than among other racial and ethnic groups.

In many families, expressions of love were replaced by lessons in survival:

  • “Be strong.”
  • “Don’t cry.”
  • “Handle it yourself.”

While resilience is a strength, emotional suppression can create barriers to intimacy and healthy communication.

How We Heal

  • Normalize counseling and mental health support.
  • Practice emotionally healthy communication.
  • Create safe spaces where vulnerability is viewed as strength rather than weakness.
  • Build relationships based on the spiritual principles of forgiveness, understanding, and grace.

Healing begins when we give ourselves permission to feel, process, and express emotions that previous generations may never have had the opportunity to address.

3. Educational Mistrust and Internalized Limitation

During slavery, educating enslaved Africans was often illegal. Knowledge was viewed as a threat to the institution of slavery. Even after emancipation, Black communities faced segregated schools, unequal funding, and barriers to higher education.

Although Black Americans have made extraordinary educational gains, remnants of historical oppression can still appear in the form of self-doubt, imposter syndrome, and limited expectations.

Many Black students continue to encounter environments where their history, contributions, and experiences are underrepresented. This can contribute to a belief that success belongs to someone else rather than to them.

At the same time, generations of exclusion have fostered mistrust of institutions that historically failed Black communities.

How We Heal

  • Teach accurate Black history throughout the year.
  • Increase Black representation in educational materials.
  • Mentor young people and expose them to diverse career pathways.
  • Celebrate intellectual achievement as much as athletic and entertainment success.

Education remains one of the most powerful tools for breaking cycles of inherited pain.

Moving from Pain to Purpose

The story of Black America is not simply a story of trauma. It is also a story of resilience, creativity, faith, innovation, and triumph.

Our ancestors passed down more than pain.

They passed down courage.

They passed down wisdom.

They passed down an unbreakable determination to survive circumstances designed to destroy them.

The challenge before us is to honor their sacrifices while refusing to pass unresolved wounds on to future generations.

We cannot change the past, but we can change what we hand to our children.

The passage of pain can become the passage of healing.

The passage of fear can become the passage of faith.

The passage of trauma can become the passage of transformation.

And that work begins with us.

* Net Worth (Wealth) = Total Assets − Total Debts

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The First Thirty-Nine

A few months ago I celebrated my fortieth birthday. Unlike turning 35, I wasn’t concerned about getting older instead I embraced the change and welcomed the big 4-0 with opened arms. I was excited, I must admit, because I’d heard that 40 brings new opportunities to get life right and the boldness to forgive yourself when you can’t.

In the midst of my excitement, I decided to share a piece of what makes this new start in my life so wonderful. So brace yourself, here’s a peek at what the first thirty-nine taught me:

  • Connecting and staying connected is worth the work. As we get older, we often get consumed with the redundancies of life which leads us to isolate ourselves. Our families and our jobs create immediate needs that we feel we must focus all our attention on. We cut off people we care about because we don’t have time and we fail to nurture new relationships unless they help us in addressing our immediate needs. But it is important to stay connected. Pencil in time to catch up with your friends and family. Go out for drinks or coffee. Knock on your neighbor’s door to make sure they are okay and meet someone new. Staying connected pulls you away from living an isolated life. And giving and receiving love and support is the life-line for spiritual and emotional wholeness.
  • Ridding your life of unhealthy relationships is tough but life-changing. As much as we need to stay connected, we also need to learn from our interactions with others who and what is worth investing our time and energy into. Life exposes us to many characters. Some are good, healthy and nurturing and others drain us of the power and energy to get things done. Conduct an honest assessment of the people in your life and move away from those who keep you consumed with their issues without considering your needs. Relationships are give and take. If you are doing all the giving, at some point, you will be depleted. So seek healthy relationships and see your life improve.
  • Your health is definitely your wealth. Last year I lost 30 pounds. Surprisingly, it was much harder to lose the weight than I thought it would be. I spent weeks learning to live on between 1200 and 1500 calories per day. I cut my dairy, sugar and bread consumption to next to nothing. I learned to love the bland taste of water and ate more protein that I had in years. And let’s not talk about carbs. I ate them sparingly, if at all. My journey may seem extreme but it had to be. I was determined to get my weight under control and in the end, I was beyond elated with the results. Hard work and dedication does pay off. I’m healthier, my self-image is better and I’m finally more conscious of what I eat. Life is good.
  • Success has to be strictly defined to be properly pursued. All my life I wanted to be successful. It was the one thing that drove me to go to college, to pursue my career, to publish my first novel and to work hard at every job I’ve ever had. Being successful at whatever I did was worth the journey until I began to evaluate what true success really meant to me. For some, success is having a high-ranking title and earning wealth. For others, it is doing something meaningful and worthwhile for the greater good of mankind. But no matter how big or small, YOUR definition of success should drive you.

For me, success is finding peace and happiness in all my endeavors in spite of titles, money and power. It is waking up early on a Saturday morning and writing something beautiful that no one will ever see but me. It is looking at my image in the mirror and loving all that God has created. It is sharing myself with those I love and learning to move away, gracefully, from those I can no longer support. My definition of success is finally achievable and that’s the best lesson of all.

  • Dancing is mandatory! My biggest fear of getting older was losing what I call my passions for living. When I was 15, a person turning 40 seemed old, but now that I’ve reached that age I realize just how youthful I am. Forty feels like the new twenty. All my passions are still there. Actually, I am more passionate because my vision is clearer now. I still love loud rap music and dancing until dawn. I still chase lightning bugs and butterflies and I giggle like a young girl and flirt (with my husband). And, most importantly, I am still in heavy pursuit of all the wonders of life.

I hope the next forty years will be filled with opened doors and new opportunities to put all my life lessons into play. I am looking forward to expanding my consciousness in ways only age and grace will allow. But because of the first thirty-nine, I am even more excited for the ride and well-prepared for the journey.

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