Strengthening Financial Avenues in Native American Communities

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Historically, Native communities defined currencies by their food, relationships, nature and tools to sustain a living. Over time, Native and Indigenous populations gave way to the use of paper money. These new social standards pushed them to adopt different ways to sustain their living, often, outside their reservations and communities, which may be critical in building wealth.

Many studies and reports point to poor choices, failure to conform to government policies and lack of knowledge on managing funds as reasons Native communities remain in poverty, which may not be the case. Several factors may contribute to money challenges Natives face in their communities. Learning more about how some Native communities build wealth and the financial challenges they face can help create a more equitable financial foundation for communities across the country...

Native Nations
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Citation

Bolton, D. J. (2021, May 27). Strengthening Financial Avenues in Native American Communities. Money Geek. Retrieved from: https://www.moneygeek.com/financial-planning/financial...

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