Navigating Money, Race, and Healing with Rahkim Sabree
Manage episode 450024622 series 3549695
In this episode, Rahkim Sabree joins the conversation to explore the intersection of financial trauma, race, and the challenges to financial empowerment. Rahkim, a seasoned financial coach, educator, and author, shares his journey from growing up in poverty to becoming a leading voice in financial empowerment. He reflects on how his personal experiences with money shaped his career and how systemic barriers affect financial outcomes for marginalized communities.
You will hear Rahkim’s thoughts on why financial education alone isn’t enough and how emotional and behavioral factors, rooted in trauma, can influence financial decisions. He also discusses the importance of financial sovereignty, healing from generational trauma, and his strategies for empowering others through financial literacy and deeper self-awareness.
Meet Our Guest:
Rahkim Sabree, AFC®️: Financial Coach, Author, and Advocate for Financial Trauma Healing.
Rahkim Sabree is a financial coach, author, and columnist specializing in the intersection of financial education and trauma, especially within the Black community. Growing up in Mount Vernon, New York, his early experiences with poverty shaped his understanding of money and the generational trauma that often affects financial decisions. Rahkim is passionate about helping individuals and communities address the deeper, emotional aspects of financial health while navigating systemic barriers to success.
With his work featured in outlets like Forbes, Business Insider, and TEDx Hartford, Rahkim has become a sought-after speaker and thought leader on financial trauma. Today, he continues his mission of helping individuals and organizations alike find greater financial freedom and empowerment through a holistic approach that blends financial literacy with trauma healing.
Episode Highlights:
[00:00:50] Rahkim’s early career in banking
[00:02:00] Defining financial trauma and systemic barriers
[00:02:40] Recognizing the gap between financial literacy and empowerment
[00:05:30] Comparing food deserts and financial deserts
[00:07:00] How systemic issues affect behavior around money
[00:12:00] Personal financial advice that changed Rahkim's perspective
[00:18:30] The role of financial sovereignty in personal growth
[00:21:40] How social media affects our view of financial success
[00:23:30] Balancing professional success with personal values
[00:27:10] Moving from one-on-one counseling to broader educational impact
[00:33:20] Discussing the racial wealth gap and its implications today
[00:36:40] How systemic inequities perpetuate financial trauma
[00:45:20] Rahkim’s vision for financial therapy’s future
[00:53:10] Wrapping up: Rahkim’s advice for those navigating financial trauma.
The journey to financial freedom isn’t just about numbers—it’s about understanding the emotions, trauma, and systemic forces that shape our money habits. Rahkim shares his profound insights into why financial literacy alone often falls short and how addressing financial trauma can unlock greater empowerment. His story, deeply rooted in his experiences with poverty and race, is a testament to the resilience needed to overcome financial barriers.
Resources:
Rahkim Sabree Website.
LinkedIn.
Substack.
Rahkim In Forbes.
The Trauma of Money
The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran.
Decolonizing Wealth by Edgar Villanueva.
Post Traumatic Slave Syndrome by Dr. Joy DeGruy.
The Miseducation of the Negro by Carter G. Woodson.
PowerNomics by Dr. Claude Anderson.
Racial Wealth Gap Statistics.
2050 Trailblazers podcast.
Diana Gisel Yañez is an Investment Advisor Representative of Natural Investments PBLLC. Natural Investments is an independent Registered Investment Advisor. All the Colors is not a registered entity and is not an affiliate or subsidiary of Natural Investments. See our Disclosures and Disclaimers and read our Form CRS.
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