New Finance Book Empowers Black Americans to Reset Cultural Mindsets and Expand Net Worthby Greater Diversity News February 12, 2021
With Black History Month upon us, African Americans looking to level up their finances in 2021 while reflecting on our cultural financial history now have a fresh resource to look to following the launch of the new book, #7- Figure Net Worth: Modern Wealth Blueprint for Black Americans.
It is no secret that there is a significant wealth gap between black and white American families. In fact, research conducted by McKinsey and Company revealed that the average black family has just 10% of the wealth of the average white American family which stands at $171,000. But serial entrepreneur and Corporate Consultant, Brielle Mabrey, is on a mission to disrupt the status quo on wealth inequality by challenging and equipping black Americans to become financially savvy.
Her new book, #7-Figure Net Worth, is a comprehensive guide designed to help readers transform their finances and build wealth. However, readers are already saying that the book is a far cry from the typical finance book. They are raving that the book provides an authentic, honest, and relatable insight that is bold in addressing the mindsets and cultural narratives that specifically impede black Americans’ ability to acquire and maintain wealth. One reader summed up the impact of the book. He said: “The author offers a level of honesty and transparency around the challenges of building wealth that is truly relatable and resonates – especially with African-Americans – but also garners trust and encourages action.” Another reader shared: “Brielle has offered an open-hearted conversation that makes you feel like you’re sitting at the table with your favorite, loving relative.”
#7-Figure Net Worth provides down-to-earth and easy-to-read advice for reviewing one’s credit score, selecting health insurance, paying off student loan debt, leveraging savings accounts, establishing multiple income streams, and more. However, it doesn’t just stop with providing highly practical and relevant financial information; the book also inspires and reinforces the strategies with worksheets and reflective questions at the end of each chapter. Another reader had this to say: “I love the interactiveness of the book and how it ensured that I had the space, along with the knowledge, to take the next step.”
#7-Figure Net Worth is Mabrey’s first book; however, the depth and clarity of her writing do not allude to her experience. She also writes with transparency and empathy-sharing her own struggles and triumphs with finances and proving that financial freedom is possible for everyone. When asked about her motivation for writing the book, Mabrey, who also boasts a degree in Sociology and African American Studies, explained: “When I reflected on the BLM protests taking place in 2020, I felt deeply that I could make the biggest difference on the modern American landscape through black personal finance. From my own journey, I realized that there were not many books or curriculums targeting black Americans that provide a mix of both foundational and intermediate financial strategies, so I was inspired to create a relatable resource that did both.”
#7-Figure Net Worth launched on December 9, 2020. Within hours of launching, the book hit #1 New Release in Wealth Management and Income Inequality categories. The book also boasts a perfect five-star rating on Amazon and 26 five-star ratings on Good Reads.