Financial wellbeing isn’t just about how much money you make — it’s about stability, security, and freedom of choice. In this episode of Reimagining Black Health, Dr. Melicia Whitt-Glover explores the dimension of financial wellbeing, examining what it truly means for Black individuals and families to move from surviving to thriving.

Guests Stephanie Yates, Executive Director of the UAB Regions Institute for Financial Education, and Darrius Peace, master hairstylist, entrepreneur, and community leader, unpack the real barriers to financial health — from systemic racism and the racial wealth gap to everyday challenges around education, access, and generational wealth.

Together, they examine:

● What it means to financially thrive beyond income alone
● How historic and systemic exclusion created today’s racial wealth gap
● Why Black Wall Street mattered — and what it teaches us today
● The role of land ownership, estate planning, and generational transfers
● How fear, lack of information, and missing paperwork lead to asset loss
● Why community, collective action, and shared knowledge are essential to financial liberation
● Practical steps individuals can take this week to strengthen their financial wellbeing

This episode is a call to reclaim financial agency — through education, community connection, and intentional planning — and to reimagine financial wellbeing as a collective pathway toward freedom, dignity, and long-term health.

EPISODE CHAPTERS — Financial Wellbeing

00:00 — Financial Wellbeing Defined: Surviving vs. Thriving
01:00 — Meet Stephanie Yates & Darrius Peace
02:00 — Stability, Flow, and Financial Confidence
05:00 — The Racial Wealth Gap Explained
09:00 — Redlining, Exclusion, and Predatory Lending
12:30 — Black Wall Street and Lessons from the Past
17:00 — Why Fear and Policy Block Rebuilding
19:00 — Keeping Wealth in the Community
22:00 — Land Ownership and Generational Transfers
26:00 — Estate Planning and Lost Assets
30:00 — Community, Trust, and Financial Conversations
35:00 — Education as Empowerment
41:00 — One Action You Can Take This Week
48:00 — Closing

💡 Connect and Learn More

Visit councilbh.org to learn more about the Council on Black Health and its mission to advance health equity and reimagine what wellness looks like in Black communities.

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