Watch The Opportunity Gap To Know More About Financial Literacy And What Varo Is Doing To Help

Watch The Opportunity Gap To Know More About Financial Literacy And What Varo Is Doing To Help ...

Systemic racism in the United States has been built right into it. Systemic red-lining and predatory lending practices have resulted in a wealth gap that requires people of color without equal access to jobs, homes, healthcare, and education, and that chasm has only risen as a result of the two-plus-year epidemic.

It''s a need to be addressed; while it will take a lot of time and effort to overcome America''s long-standing systemic racism, one powerful way we can better balance the scales of an unfavourable financial system right now is by increasing financial access to underserved communities. Varo Bank, along with basketball icon Russell Westbrook, are attempting to do just that with Russ x Varo Money Power.

Russ x Varo Money Power is a custom financial literacy program that is designed to educate its members on the past barriers that have been built into the American financial system for decades, while offering tools to help them navigate budgets, careers, avoid money traps, and even start a business. Westbrook is no stranger to how much of a barrier to success money can be, and has so far used his platform to bring the financial knowledge he wishes he had grown up to a younger generation of future moguls.

While the program is not new, it has already seen one group of graduates move on and is eager to teach the next class and provide the tools they need to deal with the damage of an unfair financial system.

To learn more about Varo Banks Russ v Varo Money Power, please watch the video below or visit Varo Moneys'' official website.

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