Council Raises $5.8 Billion on the Way to $1 Trillion in Pledges for Minority Business Enterprises
See how two groups among the country’s largest advocates of Black businesses united to elevate racial equity
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See how two groups among the country’s largest advocates of Black businesses united to elevate racial equity
Most people have saved little or nothing for retirement, which means they are already facing a standard of living in retirement that is lower than what they are used to. And parents feel a responsibility to help their kids get through college without an enormous debt load. In a T. Rowe Price survey, 53% of the parents interviewed said they would rather raid their retirement savings than have their children take out loans to pay for college. Forty-nine percent said they were willing to delay retirement, if necessary, to pay their children’s tuition.
“I shouldn’t be struggling,†admits White, who works as an office assistant for the chief of breast surgery at a local hospital earning $45,500 a year. “I was spending my money within four to five days after getting paid. Any money I set aside would be dipped into, so nothing was ever getting saved because I’d always spend it.â€