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5 Financial Literacy Books Penned By Black Women You Should Know

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March 26 2024, Published 8:10 a.m. ET

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Managing your finances and building wealth can be tricky, considering rent/mortgage payments, credit cards, groceries, and more. However, finding the right balance is key to building a steady foundation. This is where our go-to financial literacy books penned by Black women come in handy.

From savvy saving strategies to wealth-building wisdom, these page-turners are your ticket to financial empowerment and fiscal finesse. Get cozy, grab your favorite beverage, and let’s embark on a journey to financial freedom with these must-reads by trailblazing Black women!

“Clever Girl Finance: Ditch Debt, Save Money, and Build Real Wealth” by Bola Sokunbi

Elevate your financial status with Bola Sokunbi’s “Clever Girl Finance.” This book is your ultimate wing woman on the path to financial freedom. From kicking debt to the curb to stashing away those hard-earned dollars and building wealth, Bola is a great resource. Through clear and actionable steps, she encourages readers to develop healthy financial habits and mindset shifts — all to achieve their financial goals. With a focus on education, empowerment, and accountability, this read offers valuable resources for women seeking financial independence.

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“The Color of Money: Black Banks and the Racial Wealth Gap” by Mehrsa Baradaran

In this book, Mehrsa Baradaran offers a compelling exploration of the history and impact of Black-owned banks in America. It starts by exploring racial inequality and economic disenfranchisement, tracing Black banking’s evolution from its origins to the present. Through meticulous research and insightful analysis, Mehrsa highlights the critical role that financial institutions have played in striving for economic empowerment and social justice within African American communities. The book examines finance, race, and social progress, shedding light on challenges and opportunities to address the racial wealth gap.

“Get Good with Money: Ten Simple Steps to Becoming Financially Whole” by Tiffany Aliche

With clarity and humor, Tiffany offers actionable steps for readers to take control of their finances and achieve financial wellness. Through a holistic approach, she addresses mindset, budgeting, saving, and investing to equip readers with the tools necessary to build a solid financial foundation. From breaking free from debt to building wealth, this book provides invaluable insights for anyone seeking a brighter financial future.

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“The Black Woman’s Guide to Financial Independence: Smart Ways to Take Charge of Your Money, Build Wealth, and Achieve Financial Security” by Cheryl D. Broussard

Ready to take charge of your finances? Dive into Cheryl D. Broussard’s book “The Black Woman’s Guide to Financial Independence.” Packed with savvy advice and tips, this book is your go-to resource for building wealth and financial security with style and confidence. From smart budgeting practices to savvy investing strategies, Dr. Cheryl’s got you covered. So, get ready to slay your financial goals and live your best life!

“Real Money Answers for Every Woman: How to Win the Money Game With or Without a Man” by Patrice C. Washington

Offering practical strategies tailored to women, Patrice delves into budgeting, investing, and building wealth in an independent fashion. With a focus on financial literacy and self-reliance, she equips readers with tools to navigate the money game confidently. From tackling debt to maximizing earnings, this book empowers women to take control of their financial futures, whether partnered or single.

Now that you’ve enriched your library with valuable reads, it’s time to share your key advice for achieving financial freedom. Feel free to spread your newfound knowledge in the comment section below and inspire others!

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By: Truth Hawkins

Truth Hawkins, a seasoned wordsmith with over a decade of experience spanning entertainment, culture, and lifestyle news, navigates the dynamic landscapes of pop culture, lifestyle, and music. More than a reporter, Truth is a dedicated storyteller, unearthing narratives that deeply resonate with readers and invites them to engage in meaningful conversations.

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