Buying Black; Indianapolis; Marc Hardy
ay it’s Friday, and you just got your check. Consider who you are giving your money to over the next two weeks. You pay your rent or mortgage, probably white. When you pay the note on your Nissan Altima, white. Grocery store trips so you can tell yourself “I got food at home” when you want to eat out. Most likely, white. Because of this, we must be very intentional about keeping our dollars in our community.
It has been long proclaimed that the Black dollar only stays within our community for six hours, as opposed to 19 days in the Jewish community and 28 days in the Asian community. These figures have been traced back to several sources, including the NAACP. I don’t know how accurate it is, but I’m sure it’s not far off, and that’s a problem. This can be attributed to several reasons, including but not limited to: the mental effects of slavery, Black people being labeled as untrustworthy and criminals by the media, and the lack of support for Black businesses that slow their growth and accessibility.
By MARC HARDY