Millionaire Myths Debunked

On this payday, Amber and Erika are debunking millionaire myths. Despite what we see on social media and television, most people will never ascend to the status of millionaire. But even for those who do, it doesn’t always equate to a life flush with cash and no financial worries. And this is, of course, especially true for Black people. We get back to the basics by first explaining how to calculate net worth and then exploring the different asset classes that are included. Next, we discuss who is most likely to be a millionaire and how they got there. Be warned: it’s probably not what you heard on IG! Tune in to get the scoop!