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Study: Black Women Need To Control Their Spending

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Study: Black Women Need To Control Their Spending

Economy

Study: Black Women Need To Control Their Spending

Study: Black Women Need To Control Their Spending

  • Download
  • <iframe src="https://www.npr.org/player/embed/95207126/95207118" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

A new survey reveals black women's attitudes towards money, spending and saving.

Rhonda Mims, president of the ING Community Foundation, which sponsored the survey, and Glinda Bridgeforth, author of a series of books outlining financial tips for African American women, discuss the specifics of the survey and attempt to explain reasons behind the spending habits of black women.