Many Americans have found themselves in compromising financial situations brought on as a result of COVID-19 and may be facing financial burdens with long-lasting effects. Black communities, in particular, are feeling the weight of COVID-19’s wrath on their finances.
In response, Black people are turning toward financial influencers to get sound advice on how to rebuild their finances for the future.
From advice on how to improve your credit and money management to a breakdown of financial literacy, our list of Black money experts below have all the information you need to make better financial decisions.
The Finance Bar
Financial expert and founder Marsha Barnes started The Finance Bar to close financial gaps in the Black community and help women strive to reach their personal financial goals.
Barnes’ committed effort to meet individuals on their financial journeys and emphasize the value of being financially prepared has made The Finance Bar a viable platform for their clients.
National best-selling author, speaker, and financial planner Anthony O’Neal has helped thousands of people make better money decisions. He focuses on helping millennials and college grads eliminate their student debt.
As the author of his new book “Destroy Your Student Loan Debt: The Step-by-Step Plan to Pay off Your Student Loans Faster,” the finance guru is committed to uncovering the truth about debt and educating people on how to control their money.
Expert and founder of My Fab Finance, Tonya Rapley once found her financial situation to be completely out of order, which inspired her to build a strong financial future and lead others to financial freedom as well.
Rapley’s mission is to help millennials break the cycle of living paycheck to paycheck so they can spend their money how they wish. Rapley uses her story and experiences to empower young women of all ages to change their lives.
Award-winning financial educator and author, Tiffany Aliche aka The Budgetnista, has made it her mission to empower young women to improve their finances to create a better life for themselves and their families. As America’s favorite personal finance expert, Aliche’s experience is credited to her job as a preschool teacher for ten years, and witnessing her community go without the resources they need to be financially free.
With her company The Budgetnista, Aliche has helped over 800,000 women worldwide collectively save more than $100 million and pay off over $75 million in debt, putting them on a path to transform their finances.
Financial coach, entrepreneur, and founder of The Millennials Next Door, Andre Albritton created his digital finance platform to help refine wealth and guide millennials on the path to financial freedom. Albritton believes millennials aren’t properly taught how to manage their money, so his mission is to break down financial topics into smaller, digestible tidbits to make more informed money decisions.
Through TMND, clients can create good financial habits, eliminate debt, save money, and plan on how to build for the future.
Millennial finance coach and creator of The Broke Black Girl, Dasha Kennedy turned her financial Facebook group into a sisterhood that shares their money experiences. The Broke Black Girl launched in November 2017 to help young women of color talk about their financial struggles and uplift one another.
Kennedy’s group has grown to have over 62,000 members to which she offers various financial services in person or online. Kennedy aims to disrupt the racial and gender wealth gaps while advising women on how they can better their finances.
Financial educators and marriage experts Talaat and Tai McNeely created their platform His & Her Money to show their financial journey and help others manage both their money and their marriage. Together, the two of them climbed their way to better financial futures.
Using their platform, the married couple helps other couples get on the same page financially. The McNeelys also have a podcast where they touch on various topics including debt, additional streams of income, relationships, and more.
Financial coach and founder of City Girl Savings Raya Reaves founded her company to teach working women how to reach financial success through “better budgeting and money management processes, money mindset shifts, debt payoff strategies, and true spending accountability.”
Reaves has a similar story to many young women who run into financial trouble, which she uses to advise them on better financial decisions. City Girl Savings’ services include budgeting, DIY learning, book recommendations, and free resources.
Dr. Melody Wright, financial empowerment coach and founder of Broke on Purpose, has a mission to help people achieve financial breakthroughs to manage their finances.
Wright’s company provides people with all the resources they need to be financially savvy to lead better lives for themselves.
Leo Jean-Louis — founder of The Debt $layers Bootcamp — is a debt freedom coach who helps millennials eliminate their money problems. Jean-Louis uses his platform to provide people with crash courses on credit scores and tips on how to manage money better.
He’s also the author of his book, “Got Debt? The 7 Bulletproof Steps to Debt Freedom.”