GREENWOOD NAMED TO FAST COMPANY’S SECOND ANNUAL LIST OF “BRANDS THAT MATTER” LEARN MORE
Although this isn’t a tax in the IRS code, this is a real tax in the black families. We usually feel the black tax when a first-in-the-family college graduate, professional, or others who “make it” are suddenly obligated to financially care for their family.
While there’s nothing wrong with helping family members, healthy boundaries are a must. Here are a few tips to minimize the Black tax:
Saying no to family can be tough, but remember your goals matter and you don’t have to be anybody’s savior. If generational wealth is your goal, you’ll need to stop overextending yourself financially
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