Articles

Budgeting and Financial Planning

Saying 'I Do' for the Second Time?

Rodney Brooks
|
April 27, 2023

We all know the numbers: 40% to 50% of first marriages end in divorce, according to the American Psychological Association. The divorce rate for second marriages is even higher – closer to 70%, and people over age 50 make up more than 25% of divorces in the U.S.

However, 80% of the people who divorce remarry, according to the Pew Research Center, especially those aged 55 and older.

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Authored By Rodney A. Brooks


TRAFOTFBThe author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.

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Opportunities to Meet the Author & Book Signings
 
NABJ Author’s Showcase
Thursday, August 1, 2024 at 11:00 a.m.

National Association of Black Journalists Convention
Hilton Chicago
720 S Michigan Avenue
Chicago, IL 60605

 

 

NABJ

FRWG

“Rodney A. Brooks’ ‘Fixing the Racial Wealth Gap’ is one of the best written and most prescriptive books I’ve read on this prickly subject. Using powerful stats, stories and insightful wisdom, it is written from the heart, mind, body and spirit … plus years of research and thought as a mainstream journalist, Fixing the Racial Wealth Gap is revealing, humorous, instructive and sobering.” – Dr. George C. Fraser

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