Hard work pays off. Once you're able to start saving and regularly managing your credit, a large purchase, like a home or a car, or starting a business may be on the horizon for you. These milestones, in turn, can help you build a strong financial foundation, not only for yourself but for future generations to come.
A long-term goal like building generational wealth relies, in part, on access to capital and other resources often hard to find in the Black community. But it also relies on the healthy habits and financial plan you've followed to get here.
The resources below, powered by TransUnion®, can help you maintain and amplify the hard work you've put in to create a secure financial future.
To continue stretching to prosperity on your credit journey, we'll explore:
- Understanding of advanced financial practices, such as investing
- Maintaining and increasing your credit score
- Buying a home or making other large purchases
Building and establishing credit within the Black community is important now more than ever. When we look at the current state of the economy, in tandem with the need for community uplift and sustainability, it's pertinent that Black people place importance on building our credit scores so we can ensure community prosperity- Derrick Johnson, President and CEO, NAACP
Going Further: We want your feedback!
Our goal is to keep you equipped with information vital to your financial health. Submit any credit questions you'd like to see answered in future updates to this toolkit.
Disclaimer: Please do not submit any sensitive, personal identifying information (i.e. SSN, driver's license, financial records, etc.)