Blacks spend less money in black-owned businesses than other racial and ethnic groups spend in businesses owned by members of their groups, including Hispanics and Asians. A report by Nielsen and Essence estimates that black buying power will reach $1.3 trillion in the next few years, yet only a tiny fraction of that money is spent at black-owned businesses.

A study by the Kellogg School of Management at Northwestern University found that between half a million and a million jobs could be created if higher-income black households spent only $1 of every $10 at black-owned stores and other enterprises. The million jobs will only happen if collectively the black community worked to invest more of their spending with black-owned businesses.

Be smart this holiday season and put money back into our communities. Here’s a holiday gift guide brought to us by the good folks over at “I Don’t Do Clubs.com” 

Check it out by clicking the link below.

I DON’T DO CLUBS Black-Owned Holiday Gift Guide 2016

 

P.S you also can save the hassle of you being like these people, particularly the one to the far right. 

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