Economic Mobility

Economic Mobility refers to the ability of Americans to improve themselves and their families’ economic condition. The ability to improve one’s economic condition is highly correlated to racism and the patterns of discrimination that constrain opportunities and limit choices for some while creating privilege for others. This has resulted in a society with vast economic disparities. For example, the net worth of the average white American family is ten times that of the average black family. Strategies included in this economic mobility guide leverage our Equity Framework and prioritize changes to institutions, policies, and practices to help close persistent inequities in resources, supports, and opportunities that contribute to gaps in overall financial well-being and the ability to grow wealth. The ideas included here are not intended to be used in isolation but in tandem with other impact areas.