HomeNewsWhy Black Folks Need to Follow Kwanzaa’s Wealth-Building Principle of Ujamaa Now...

Why Black Folks Need to Follow Kwanzaa’s Wealth-Building Principle of Ujamaa Now More Than Ever

Portrait of black female shop owner in shop door way. She is smiling, looking at the camera. She has braided hair.

Earlier today, we told you about the news that Beyoncé has officially reached billionaire status, and while we couldn’t be happier that Queen Bey has secured such a hefty bag, the news got us thinking about how the rest of us can get (and keep) our own little piece of the pie.

Dec. 29 is the fourth day of Kwanzaa, an annual seven-day celebration of Black history and culture rooted in seven principles. Today’s principle, Ujamaa, is all about cooperative economics, the idea of building and circulating wealth within our communities to promote economic self-sufficiency and uplift our friends and neighbors. Read more at www.theroot.com.

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