Making money is not the same as building wealth: Expert

A recent Bank of America report found 47% of American workers claim to feel financially secure. However, the study also revealed concerning disparities across race and gender. Operation HOPE CEO John Hope Bryant joins Wealth! to shed light on how women and people of color can achieve greater financial freedom.

In a society where race and gender have historically played a significant role in financial and wage inequity, Bryant notes that a shift is underway. He observes that people are increasingly "wanting to understand how stuff works" regarding financial health and preparedness. However, he contends that the root of the problem lies in the fact that people have "confused making money with building wealth."

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Angel Smith

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