@mumsbalance: i read the report so you don't have to 📄 between 2012 and 2023, the typical White British household got wealthier. so did the typical Indian household. but the typical Pakistani household's wealth almost halved. the report found two gaps: 1️⃣ how fast wealth grows, which mostly comes down to income. this is the part we can change. 2️⃣ how much wealth families already have, built up over generations. this is the one that's harder to close. and this is all happening during the great wealth transfer, when some people are about to receive the biggest inheritances in history. for a lot of first gens, it's the opposite. we're not inheriting, we're the ones supporting our parents. i can see inequality growing around me. but here, i'm focusing on what's within my control. i want my children to start the race a little further forward than we did. that's why i care about this so much. source: Karagiannaki, E. (2025). The Ethnic Wealth Divide in the UK: Mapping Disparities Across Time, Age and Immigrant Generations. CASE Report 165, London School of Economics. Data: Understanding Society, 2012/14 to 2021/23. Wealth measured as main home and savings, minus debts.

IfzaPatel Money + Motherhood

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Friday 23 October 2026 18:39:54 GMT