How Black Men Stayed Completely Debt-Free in the 1960s (Banks Couldn't Stand It)

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While banks profited from debt, thousands of Black men in the 1960s lived by a different code: cash on the barrel, or nothing at all.

Born from the trauma of sharecropping and the exclusion of redlining, this generation built a powerful system of financial self-reliance. They saved for months in kitchen drawers and coffee cans. They paid for cars, homes, and appliances in crisp bills—no signatures, no interest, no repo man at the door.
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