In this episode, Chelsea lists some major ways systemic racism impacts Americans' financial lives, from racist practices such as redlining to predatory lending practices. This is by no means an exhaustive list, but hopefully helps shed light on how inequitable American society was designed to be — because we can't talk about personal finance without talking about both the disadvantages and privileges we are born into. Racial wealth gap: https://inequality.org/facts/wealth-inequality/ https://inequality.org/facts/racial-inequality/ https://www.benjerry.com/whats-new/2016/systemic-racism-is-real History of Jim Crow laws: https://www.crf-usa.org/black-history-month/a-brief-history-of-jim-crow Home ownership statistics: https://inequality.org/facts/racial-inequality/ https://www.pewresearch.org/fact-tank/2017/01/10/blacks-and-hispanics-face-extra-challenges-in-getting-home-loans/ Redlining: https://www.cbsnews.com/news/redlining-what-is-history-mike-bloomberg-comments/ "reverse redlining" and predatory lending: https://mjrl.org/2016/11/02/reverse-redlining-and-the-destruction-of-minority-wealth/ Mortgage discrimination: https://www.cbsnews.com/news/mortgage-discrimination-black-and-latino-paying-millions-more-in-interest-study-shows/ https://www.pewresearch.org/fact-tank/2017/01/10/blacks-and-hispanics-face-extra-challenges-in-getting-home-loans/ Student debt statistics: https://inequality.org/facts/racial-inequality/ https://www.businessinsider.com/us-systemic-racism-in-charts-graphs-data-2020-6#educational-opportunities-remain-starkly-split-by-race-13 Honors classes racial gap: https://www.theatlantic.com/politics/archive/2014/12/the-race-gap-in-high-school-honors-classes/431751/ Median income: https://www.cnn.com/2020/06/03/politics/black-white-us-financial-inequality/index.html Unemployment rates: https://www.businessinsider.com/us-systemic-racism-in-charts-graphs-data-2020-6#the-unemployment-rate-has-also-spiked-for-all-racial-gr