When we talk about generational wealth, we often focus on saving, investing, home or business ownership. Those are essential steps—but insurance belongs in that conversation too. Generational wealth is not only about what you earn or own. It is also about what you protect. For many families, creating financial security has meant pushing through systemic financial barriers. That makes protecting our progress even more important. A medical emergency, car accident, disability, h

Building generational wealth doesn't start when you have extra money. It starts when you make one intentional financial decision. Here are five simple actions you can take today: 1. Save Something—Anything If you can save $5, save $5. If you can save $50, save $50. The amount matters less than the habit. Building wealth starts with proving to yourself that you can consistently set money aside for your future. 2. Check Your Credit Score Your credit score can impact your abilit

What if the financial decisions you make today could change the future of your children, grandchildren, and generations you may never meet? Every family has a financial story. The question is: What story will future generations tell about yours? Generational wealth is not simply about accumulating money—it is about creating opportunities, building stability, and leaving a legacy that helps your family move further than you could alone. The journey does not require wealth to b

At 21 years old, I found out I was going to be a father. At the time, I only had around $300 to my name, was living paycheck to paycheck, and my wife and I were staying with my parents-in-law trying to figure life out. I didn’t come from a background where financial literacy was taught, and honestly, I didn’t understand money at all. I didn’t know how to budget, invest, save, or even what resources were available to help someone build a stable future. I remember the moment ev

Side hustles, part-time jobs, and gig work are often seen as ways to “get by.” But at the Association for Black Economic Power (ABEP), we see them differently—they can be the foundation for building generational wealth.

If money has ever felt confusing or overwhelming, you’re not alone.

Through the ABEP Financial Empowerment Center, we provide essential free financial coaching, workshops, and resources designed to help individuals and families build secure financial futures.

ABEP is pleased to share that our Executive Director, Debra L Hurston , will serve as a panelist at the upcoming Wealth & Wellness Summit presented by The Anika Foundation . The event will take place on Saturday, December 6 at 10AM at the University of Minnesota Urban Research and Outreach Engagement Center (UROC), located at 2001 Plymouth Avenue North, Minneapolis, MN 55411. The Wealth & Wellness Summit brings together community leaders, professionals, and educators to exp

Arise Community Credit Union, Minnesota’s first newly chartered credit union in more than 20 years, is looking for a visionary leader to...

Discover how to take control of your finances with Beyond Table Talk: Realign Your Money, Mind & Moves — Financial Planning 101. This conversation explores practical strategies for budgeting, saving, and goal-setting while highlighting the importance of mindset in building long-term financial wellness. Whether you’re just starting your financial journey or looking to get back on track, this episode offers real tools and insights to help you make smarter money moves and create

When it comes to managing your finances, there’s a saying that rings especially true: “What you don’t know can hurt you.”