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Sacpcmp Annexure 2 Challenges Form

Sacpcmp Annexure 2 Challenges Form

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it really highlights the desire for agency and self-determination this need to control their own Destinies but the data also reveals some stark contrast while black Americans have these aspirations for Financial Freedom a significant number 64% actually view their current financial situation negatively what do you think listener What factors contribute to this gap between aspirations and reality well there's the legacy of economic disparities we talked about but there are also ongoing challenges like limited access to Capital and resources the report goes even deeper revealing daily worries about things like paying bills 31% of black adults worry about this daily and 28% worry about saving for retirement daily and when it comes to financial preparedness while 70% feel they could cover expenses for 3 months if they lost their primary income Source a significant 28% couldn't that's a huge discrepancy and it makes the need for financial literacy and Entrepreneurshi

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