Tag Archives: african american financial literacy

Schools For Husbands and Wives: Preparing African American Couples for Partnership and Institutional Power

“The family is the nucleus of civilization.” — Will Durant

When news broke from Senegal that so-called “schools for husbands” were being used to lower maternal and newborn mortality rates, the headlines focused on the novelty of men being taught to wash dishes, attend prenatal visits, and support women’s healthcare. Yet beneath the surface, Senegal’s program is not just about chores or even just about health, it is about reshaping cultural norms so that households operate as functional units rather than fractured spaces of authority and neglect. In a country where patriarchal structures often keep women from making life-saving decisions without a man’s permission, Senegal’s government and community leaders recognized that sustainable change had to address the power imbalance between men and women.

This insight carries an important lesson for African America. The African American family is facing a structural crisis. Only 38 percent of African American children grow up in two-parent households compared to 78 percent of white children, and the numbers are even more stark when considering households of generational stability, wealth accumulation, and transmission of institutional knowledge. The decline of the two-parent household in African America has had profound consequences not just for children, but for adults who often enter adulthood without ever having witnessed sustained partnership between equals.

What if African America had its own version of Senegal’s schools expanded to include both husbands and wives, and designed for straight couples and LGBTQ couples alike? A “School for Husbands and Wives” could become a powerful cultural and institutional lever, equipping African Americans with the skills, expectations, and frameworks to build households that are not only emotionally healthy but also institutionally productive.

Why African America Needs Schools for Husbands and Wives

African Americans live in a paradox: on the one hand, they are among the most religiously active groups in the country, with churches historically serving as community hubs. On the other hand, African American households are disproportionately fragmented. The reasons are historical and structural—slavery destroyed family continuity, Jim Crow restricted marriage rights, mass incarceration and discriminatory welfare policies tore apart families, and modern labor and housing policies continue to erode family stability.

The consequence is that too many African Americans enter relationships without having observed healthy models of partnership. This absence manifests itself in multiple ways:

  • Gender distrust: Many African American men and women view each other as competitors rather than partners, shaped by economic inequality and media stereotypes.
  • Power imbalances: Without clarity on roles, relationships often collapse under stress: financial, emotional, or social.
  • Institutional gaps: Families are the basic units of institutions. When African American families are weak, African American institutions remain undercapitalized and undercoordinated.

This reality is not confined to heterosexual couples. LGBTQ African Americans, who face both external discrimination and internal cultural tension, often have even fewer family blueprints to draw upon. Whether in straight or queer relationships, the challenge remains: how do two people form a sustainable partnership when their models are fragmented, mistrust abounds, and institutional frameworks are weak?

A School for Husbands and Wives would take on this challenge directly, teaching the mechanics of partnership in the same way Senegal’s program teaches men the mechanics of maternal health support. But instead of focusing solely on chores or permissions, the African American model would expand to include economics, conflict resolution, institution building, and cultural grounding.

The Senegalese Model: A Starting Point

Senegal’s schools for husbands use respected community figures like imams, former soldiers, and elders to teach men about women’s rights, maternal health, and shared responsibilities. The success lies in reframing: chores are not humiliating, they are acts of love; women’s health decisions are not threats, they are family investments; shared authority is not weakness, it is strength.

For African Americans, a School for Husbands and Wives could use a similar approach: respected voices drawn from the community like professors, entrepreneurs, cultural leaders, and married couples who have sustained long-term partnerships would teach relationship and family skills as community investments. The aim would be to destigmatize conversations about partnership and create new models where none exist.

Curriculum for Partnership

What would a School for Husbands and Wives look like in African America?

  1. Economics of Partnership
    • Teaching couples how to pool resources effectively, manage debt, invest in assets, and prioritize institutional wealth over individual consumption.
    • Lessons on real estate, life insurance, trusts, and estate planning—so that households become wealth anchors, not debt traps.
  2. Conflict Resolution and Communication
    • Many couples replicate cycles of mistrust they observed growing up. Training in conflict resolution, active listening, and equitable compromise would be central.
    • Both straight and LGBTQ couples would benefit from structured conversations on navigating cultural stigma, managing extended family expectations, and sustaining emotional intimacy.
  3. Household Labor Distribution
    • Senegal emphasizes men helping with chores to reduce women’s burdens. In African America, the conversation must extend further: both partners share responsibility for cooking, cleaning, parenting, and professional ambitions.
    • The school would also address how unpaid labor at home directly connects to economic outcomes, productivity, and career success for both partners.
  4. Cultural and Historical Grounding
    • African American couples would be taught the history of the African American family as an institution under assault—from slavery to mass incarceration.
    • By understanding the intentionality of these assaults, couples would better grasp the importance of intentional partnership as resistance.
  5. Parenting as Institutional Strategy
    • Children should be raised not just with love, but with strategy: to become contributors to African American institutional wealth and culture.
    • Parents would learn to combine elements of “tiger” and “gentle” parenting—discipline and nurture balanced toward the goal of institutional power.

Straight and LGBTQ Couples Together

Too often, discussions of African American family structure exclude LGBTQ couples, reinforcing division where there should be solidarity. A School for Husbands and Wives would explicitly include both straight and LGBTQ couples, recognizing that the core challenges of partnership communication, trust, economic strategy, cultural grounding are universal.

In fact, LGBTQ couples often demonstrate resilience in building intentional families under hostile conditions, a skillset that all African Americans can learn from. By including diverse couple models, the school would normalize different family structures while emphasizing the shared goal: strong, functioning partnerships that build institutions.

Institutional Implications

African American institutions such as HBCUs, banks, businesses, nonprofits are only as strong as the families that sustain them. Wealth is built in households before it is transferred to institutions. If African American households remain fragmented, then institutions will remain weak.

A School for Husbands and Wives could therefore be sponsored or housed by HBCUs, serving both as a community program and as a research lab. Partnerships with African American financial institutions could integrate financial literacy into the curriculum. Faith institutions, cultural centers, and civic organizations could all play roles in teaching and sustaining graduates of the program.

The benefits would ripple:

  • Higher marriage stability rates among African Americans.
  • Greater pooling of household income, increasing wealth accumulation.
  • Stronger parenting, producing children with higher educational attainment and cultural grounding.
  • Increased institutional giving and investment, as families with stability contribute more to churches, HBCUs, and community organizations.

Policy and Public Health Dimensions

A School for Husbands and Wives should not be seen only as a cultural innovation, but also as a public health and policy strategy. The lack of stable households directly correlates with higher rates of poverty, incarceration, and health disparities. Policymakers could frame such schools as preventative investments, much like job training or nutrition programs.

Public funding, alongside philanthropic investment from African American institutions, could help establish pilot programs in cities with large African American populations. These schools could even be tied to existing healthcare infrastructure such as community health clinics so that relationship education is linked to wellness checkups, parenting support, and financial literacy programs.

If Senegal can link male training to maternal survival, African America can link couple training to family survival.

Lessons from Senegal’s Caution

Senegal’s experience shows that change is incremental and contested. Some men embrace new roles; others resist. Likewise, in African America, not everyone will accept the idea of formal schools for partnership. Some will argue that love is natural and cannot be taught. Others will resist LGBTQ inclusion. Some will see the program as unnecessary “therapy culture.”

But institutions are built through intentionality, not accident. Just as one studies law to become a lawyer or finance to become a banker, so too must African Americans study partnership if they are to build families that function as institutional engines.

A Vision Forward

Imagine a future where every African American couple, before or after marriage, participates in a School for Husbands and Wives. They leave not only with a deeper love for each other but with tools for building wealth, resolving conflict, and raising children with purpose. They learn to see themselves as not just individuals, but as co-founders of a household institution.

The Senegalese model shows us that cultural change is possible when men are trained to view equality as strength. African America can expand that vision: training both husbands and wives, straight and queer, to view partnership as the foundation of institutional survival.

Just as Senegal’s schools for husbands aim to save lives, African America’s schools for husbands and wives would aim to save legacies.ve legacies.

Highest Paying Dividend Index ETFs by Sector (2025 Update)

Investing Together: How Families Can Benefit from a Sector-Based Dividend ETF Portfolio

In an age where financial literacy is just as important as traditional education, building a culture of investing within the family unit can be transformative. A sector-based dividend ETF (Exchange-Traded Fund) portfolio, such as the one recently highlighted in the “Highest Paying Dividend Index ETFs by Sector (2025 Update),” provides not only a reliable source of income through dividends but also a foundational tool for families to grow generational wealth, teach financial principles, and maintain economic resilience across economic cycles.

Why Dividend ETFs?

Dividend ETFs are a type of fund that holds a collection of dividend-paying stocks. Instead of owning individual companies and worrying about the performance of one or two stocks, ETFs give you diversified exposure to many companies within a sector. For example, the Vanguard Real Estate ETF (VNQ) gives investors exposure to real estate investment trusts (REITs), which typically pay higher-than-average dividends. Similarly, Utilities Select Sector SPDR Fund (XLU) provides exposure to utility companies, a sector known for steady performance and consistent dividend payments.

What makes these ETFs especially attractive is their passive income potential. By subtracting expense ratios (i.e., the fees to manage the ETF) from the dividend yield, we calculate the real annual dividend yield—the true income an investor earns. As families build portfolios with these tools, they are effectively laying the groundwork for consistent cash flow, which can be reinvested, used for expenses, or saved for long-term goals.


Benefits to Families

1. Creating a Passive Income Stream

Each ETF in the portfolio provides a small “paycheck” in the form of dividends, typically distributed quarterly. A well-diversified ETF portfolio can yield between 1.10% to nearly 4.00% annually, even after accounting for fees. For families, this means having a source of income that doesn’t rely on active work. Over time, reinvesting those dividends can lead to exponential growth—a concept known as compounding.

Let’s say a family invests $10,000 evenly across the top-performing ETFs like VNQ (3.88%), XLU (3.40%), and XLP (2.40%). Even at a modest return, that’s hundreds of dollars per year generated simply for holding onto investments—funds that could be used for savings, college funds, vacations, or even to reinvest further.

2. Sector Diversification Reduces Risk

This approach spreads investment risk across multiple parts of the economy: healthcare, real estate, technology, consumer goods, industrials, and more. By investing in ETFs that represent different sectors, families protect themselves from being overly exposed to one industry’s downturn. For example, if the technology sector underperforms, the utilities or real estate sectors—known for stability—can balance the portfolio.

This type of diversification is often compared to the phrase: “Don’t put all your eggs in one basket.” It’s especially vital for families who may not have the resources to weather major financial downturns without support.

3. Education and Involvement

Perhaps one of the most overlooked benefits of a family investment strategy is the educational component. Children who grow up in households where investments are discussed openly tend to have a better understanding of money management, risk, and long-term planning. Sitting together to review ETFs, tracking dividends, and discussing financial goals as a family can become a hands-on, real-world economics lesson.

Imagine a young child asking why a utility company pays more in dividends than a tech company. That conversation could spark curiosity that leads to lifelong financial competence.

4. Building Generational Wealth

Families often think of wealth in terms of property or inheritances. However, stock portfolios—especially those that grow with dividends—can quietly become powerful financial legacies. With dividend reinvestment plans (DRIPs), families can automatically reinvest earnings, buying more shares without lifting a finger.

Over 10–20 years, such compounding can result in significant growth—even for modest contributions. A $5,000 investment today in an ETF yielding 3.5% reinvested annually could be worth well over $10,000 within two decades, assuming modest appreciation. Multiply that across several ETFs and contributions over time, and you’re not just saving—you’re building a legacy.


Getting Started

For families interested in building this type of portfolio, consider the following steps:

  1. Start Small: You don’t need thousands of dollars. Most brokers now offer fractional shares. You can start investing with as little as $5 or $10.
  2. Pick Core Sectors: Start with 3-5 sectors that align with long-term stability (e.g., healthcare, utilities, consumer goods).
  3. Set Up a DRIP: Automatically reinvest dividends to maximize compounding over time.
  4. Have Monthly Check-ins: Discuss how the investments are performing, what dividends were earned, and what sectors are thriving. Involve your children if appropriate.
  5. Use Tax-Advantaged Accounts: Consider using Roth IRAs, 529 college savings plans, or custodial accounts to maximize tax efficiency.

Basic Materials

  • ETF: Materials Select Sector SPDR Fund (XLB)
  • Issuer: State Street
  • Dividend Yield: 2.10%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 2.00%​

Consumer Goods

  • ETF: Consumer Staples Select Sector SPDR Fund (XLP)
  • Issuer: State Street
  • Dividend Yield: 2.50%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 2.40%​

Financials

  • ETF: Financial Select Sector SPDR Fund (XLF)
  • Issuer: State Street
  • Dividend Yield: 2.30%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 2.20%​

Healthcare

  • ETF: Health Care Select Sector SPDR Fund (XLV)
  • Issuer: State Street
  • Dividend Yield: 1.60%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 1.50%​

Industrial Goods

  • ETF: Industrial Select Sector SPDR Fund (XLI)
  • Issuer: State Street
  • Dividend Yield: 1.90%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 1.80%​

Services (Consumer Discretionary)

  • ETF: Consumer Discretionary Select Sector SPDR Fund (XLY)
  • Issuer: State Street
  • Dividend Yield: 1.20%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 1.10%​

Technology

  • ETF: Technology Select Sector SPDR Fund (XLK)
  • Issuer: State Street
  • Dividend Yield: 1.30%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 1.20%​

Utilities

  • ETF: Utilities Select Sector SPDR Fund (XLU)
  • Issuer: State Street
  • Dividend Yield: 3.50%
  • Expense Ratio: 0.10%
  • Real Annual Dividend Yield: 3.40%​

Real Estate

  • ETF: Vanguard Real Estate ETF (VNQ)
  • Issuer: Vanguard
  • Dividend Yield: 4.00%
  • Expense Ratio: 0.12%
  • Real Annual Dividend Yield: 3.88%​

Final Thoughts

Wealth isn’t just about having money—it’s about having the knowledge and structure in place to build and preserve it. A sector-based dividend ETF portfolio provides families a chance to learn together, earn together, and plan together. It turns investing from something abstract into a shared experience with real-life value.

The image of a family gathered around a laptop, reviewing charts and dividend yields, is more than a snapshot—it’s a vision of the future. A future where African American families, and all families, are empowered to take control of their financial destinies one dividend at a time.