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A ‘Financial Fumble’ We Can All Learn From

Financial experts say friends and family are one of the leading causes, as players have…

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How One Black Super Bowl Vendor Achieves Business and Financial Success

Vonda McPherson’s financial savvy landed her a five-figure contract

Do you have dreams of taking your business to the big leagues?

By Glenn Townes

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Credit Cards

CreditCards.com’s Matt Shulz Talks Balance Transfer Offers

Should you do a transfer?

Are you thinking of doing a credit card balance transfer? Now might be the time.…

By Sheiresa Ngo

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Image: ThinkStock

New Changes Coming for “Know Before You Owe” Mortgage Rules

Bureau makes updates to assist consumers

The Dodd-Frank Wall Street Reform and Protection Act worked to make this information more accessible…

By Sheiresa Ngo

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Millennials More Likely to Overdraft

Younger bank customers tend to spend more than they have

Overdraft and insufficient funds fees make up most of the checking account fees paid by…

By Sheiresa Ngo

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Millions are Committing Financial Infidelity

Are you guilty?

More than 7 million Americans have hidden a bank or credit card account from their…

By Sheiresa Ngo

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Consumer Tip: When to Close a Credit Card

Your daily money bite

There are times when you should close a credit card.

By Sheiresa Ngo

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Credit Cards

Credit Card Balance Transfer Offers Get More Generous

Act fast if you're thinking of transferring a balance

If you’re thinking of doing a credit card balance transfer, now might be the time.…

By Sheiresa Ngo

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Image: Twitter

TLC to Fund Final Album Through Kickstarter Campaign

Living members Chilli and T-Boz ready to make a music comeback

R&B group TLC announces new Kickstarter campaign to raise funds for the production of their…

By Courtney Connley

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Report: Millennials Rank Cell Phone More Important than Toothbrush

Cell phones prove more valuable than dental and body hygiene for many

Bank of America research on cell phone trends reveals people value mobile devices more than…

By Essence Gant

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student loan

Taylor Swift Helps Fan Pay Down Student Loan Debt

One music lover gets the shock of her life

Don’t you ever wish that someone would just magically appear and help you pay off…

By Sheiresa Ngo

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Consumer Tip: Get a Copy of Your Specialty Report

Your daily money bite

Thanks to a warning sent by the Consumer Financial Protection Bureau to specialty consumer reporting…

By Sheiresa Ngo

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4 Ways to Reduce Your Monthly Cell Phone Bill

You can get service for three lines for as little as $80 a month

A report identifies four ways for consumers to reduce their monthly cell phone bill.

By Essence Gant

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Getting Help for a Money Disorder

Learn what is and isn't normal when it comes to money

The first step to getting help for a money disorder is to determine whether or…

By Sheiresa Ngo

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You Might Still Have Time to Return Unwanted Gifts

Your credit card might have features that can help

If you have holiday gifts that you want to return, you still may have a…

By Sheiresa Ngo

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piggy-bank

37% of Americans Say They’re Too Broke to Save

Is reduced cash flow preventing you from building your nest egg?

Do you feel like you don’t have enough money to save?

By Sheiresa Ngo

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Consumer Tip: Conduct a Financial Checkup (Part 2)

Take time to make sure your finances are in order

Now that the holidays are coming to a close, it’s a great time to take…

By Leslie E. Royal

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Uber Expected to Raise Prices New Year’s Eve

Beware of heightened Uber prices this holiday

A disproportionate increase in uber prices is expected this New Year’s Eve.

By Essence Gant

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irs

Older IRA Owners Get Renewal for Tax-Free Transfers to Charity

Older investors get a gift this holiday season

If you’re an older investor with an IRA and you plan on making a charitable…

By Sheiresa Ngo

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Bureau of Economic Analysis Report Shows Personal Income Slightly Rose in November

Salaries saw a slight uptick last month

The U.S. Bureau of Economic Analysis reports that personal income increased $54.4 billion, or 0.4%,…

By Sheiresa Ngo

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Infographic: How Millennials Can Get Involved in Philanthropy

Young people are giving back to their communities

An increasing number of millennials are looking to make a difference by donating their time,…

By Sheiresa Ngo

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retirement

Many Baby Boomers Say They’ll Never Retire

Will you work until you die?

Are you making plans to work until you draw your last breath? You’ve got some…

By Sheiresa Ngo

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Bankrate’s Laura Adams Explains C.L.U.E. Reports

Tips for getting the best insurance rates

Some surprising actions that can hike up your insurance rates.

By Sheiresa Ngo

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Sprint Mifi

Sprint Overcharges Customers, Fined $105 Million

Company found to be practicing 'cramming' by U.S. Consumer Financial Protection Bureau

Sprint overcharges customers and faces a $105 million lawsuit.

By Essence Gant

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Lack of Long Term Care Insurance Leaves Women Vulnerable (Part 2)

Are you prepared?

If you’re a woman, chances are you’ll require some long-term financial support when it comes…

By Sheiresa Ngo

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student loan

CFPB Fights Student Debt Relief Scams

Bureau aims to put an end to underhanded practices

Some students seeking debt relief were lured into a sneaky scam.

By Sheiresa Ngo

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CFPB Announces Consumer Saving Research Project

Bureau aims to help consumers with saving

The CFPB announced a research program that would assess the effectiveness of certain habits designed…

By Sheiresa Ngo

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New Scam Lures Consumers with Letters from Santa

That note from the North Pole might bring you a world of trouble

You might want to do something extra special for the kiddos this Christmas, but you…

By Sheiresa Ngo

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Poll: Consumers Have Post-Recession Spending Itch

Do you have the urge to splurge?

However, NFCC spokesperson Gail Cunningham warns that giving in to the temptation to spend in…

By Sheiresa Ngo

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Holiday Tipping: How Much Should You Tip?

Are you giving enough?

You want to show your appreciation for their help, but what dollar amount is appropriate?

By Sheiresa Ngo

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Nielsen Study: African American Income, Education Exceeds Expectations

Watch out for Dangerous Toys on Store Shelves

Use caution when shopping for children's toys

If you plan to do some holiday shopping for the children in your life, be…

By Sheiresa Ngo

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Watch out for Holiday Shopping Scams

Don't get fooled by fraudsters

You’re likely preparing to do some serious shopping this holiday season, but you need to…

By Sheiresa Ngo

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(Image: ThinkStock)

Holiday Shopping: Get Ready for Goodshop Sunday

Yet another shopping day to gain savings and give back

You’re familiar with Black Friday and Cyber Monday, but you most likely haven’t heard about…

By Sheiresa Ngo

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Etiquette Tips for Black Friday

Tips for maintaining your composure while shopping for deals

Just because the “deal of the century” is within your grasp, does not give you…

By Sheiresa Ngo

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(Image: Thinkstock)

NFCC Warns Against Holiday Overspending

Don't break the bank this holiday season

Just because something is on sale doesn’t mean you have to buy it. This is…

By Sheiresa Ngo

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Why Do 1 in 4 Women Take a Backseat When it Comes to Finances?

Fidelity's Kristen Robinson weighs in

Roughly 1 in 4 women are not taking part in household financial decision making.

By Sheiresa Ngo

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(Image: Thinkstock)

Millennials and Money: The True Cost of Specialty Coffee

Stop drinking your money

Try adding up all your coffee purchases for just one week and see how much…

By Sheiresa Ngo

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Woman Shares How She Dug Out of $50,000 Worth of Debt (Part 2)

Tips for getting back on the right financial track

Are you part of the “microwave generation?” Do you expect everything now? Be careful, you…

By Sheiresa Ngo

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BBB Offers Tips for Holiday Shopping

Here's how you can get the most out of your purchases

Black Friday, Small Business Saturday, and Cyber Monday are sure to yield some great deals.…

By Sheiresa Ngo

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Ja'Net Adams updated-headshot-2

Woman Shares How She Dug Out of $50,000 Worth of Debt

Tips for getting back on the right financial track

A few weeks ago we shared with you how David Bakke, a financial contributor for…

By Sheiresa Ngo

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black woman texting

Fidelity Study: 1 in 4 Women Don’t Take the Lead When it Comes to Finances

Don't let your lack of confidence hold you back

Many women will become the sole financial decision maker at some point in their lives.…

By Sheiresa Ngo

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Image: ThinkStock

Home Ownership Out of Reach for Many Americans

The American Dream is becoming less attainable

Many Americans are having difficulty affording the price of home ownership.

By Sheiresa Ngo

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money

The Best Times of the Year to Snag a Deal

You can score a great deal if you know when to shop

Savings.com collected and analyzed shopping data from 2009 to 2013 to help you decide the…

By Sheiresa Ngo

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mortgage-money

Infographic: Consumers Prefer Root Canal Over Over Mortgage

Would you prefer a trip to the dentist over applying to buy a home?

A recent study finds that most consumers say they would prefer to get a root…

By Sheiresa Ngo

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Lincoln Motors’ Shawn Thompson Talks Philanthropy and Alpha Phi Alpha Win

The car company believes in giving back

BlackEnterprise.com chatted with Shawn Thompson, manager of Lincoln multicultural marketing, for more information about this…

By Sheiresa Ngo

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Credit Cards

Credit Card Penalty Rate Drops Slightly

Consumers get a small break

The survey found that 60 out of the 100 cards in the survey have some…

By Sheiresa Ngo

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Image: Thinkstock

Survey: African Americans Put Family First When Making Financial Decisions

Who influences your money choices? Voice your opinions on key financial topics below

The presence or absence of a sound financial foundation directly impacts overall well-being.

By Sheiresa Ngo

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irs

Report Changes Affecting Your Premium Tax Credit Before It’s Too Late

There's still time to let the IRS know about changes

Make sure your information is up-to-date because inaccuracies could result in receiving too much or…

By Sheiresa Ngo

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Study Reveals Some IRA Investors Take an Extreme Approach

An all-or-nothing approach is preferred by some investors

Roughly 56% of IRA owners had either all of their IRA money in equities or…

By Sheiresa Ngo

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student loan

Infographic: What You Could Buy with the Nation’s Student Loan Debt

What could you purchase with $1 trillion?

According to the Consumer Financial Protection Bureau, total student loan debt is more than $1.2…

By Sheiresa Ngo

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(Image: Thinkstock)

Starbucks to Offer Delivery

Get caffeine at your door

Starbucks is working to make your coffee experience so effortless, you’ll barely have to speak…

By Sheiresa Ngo

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Merrill Lynch Study Explores Impact of Health on Retirement

Poor health can ruin your wealth

Poor health can mean significant retirement challenges, so staying in top condition is important.

By Sheiresa Ngo

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TIAA-CREF’s Sean Wilson Talks Millennials and Money (Part 2)

The wealth advisor explains how young people approach money

Roughly 47% of millennials, compared with 19% of the general population, look to Mom and…

By Sheiresa Ngo

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SDW Photo3

TIAA-CREF Financial Expert Sean Wilson Talks Millennials and Money

The wealth advisor explains how young people approach money

Roughly 47% of millennials, compared with 19% of the general population, look to Mom and…

By Sheiresa Ngo

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Best Metro Areas for Budgeters

How do you compare?

WalletHub.com released a study outlining the metropolitan areas with the best and worst track record…

By Sheiresa Ngo

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Some Consumers Treat Checking Account Like a Payday Loan

Are you using overdraft as a piggy bank?

Just 8% of bank customers are responsible for roughly 75% of all overdraft fees.

By Sheiresa Ngo

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Most Consumers Fear Running out of Money

Are you afraid of going broke?

If you want to get a handle on your debt, you’ll have to first identify…

By Sheiresa Ngo

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ICBA Study: Millennials Value Community Banks, Want to Be Bosses

New research analyzes opinions and values of generation Y

Roughly 46% of the respondents reported that they are interested in learning the process of…

By Sheiresa Ngo

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Money Advice for the Sandwich Generation

Don't let competing demands ruin your retirement plans

Many Sandwichers say their adult children pose more of a financial strain than their parents.…

By Sheiresa Ngo

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Watch out for Ebola Charity Scams

Don't let your hard-earned cash slip through your fingers

The Federal Trade Commission warns that scammers are ready and waiting to take advantage of…

By Sheiresa Ngo

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retirement

Tips for Embarking on an Encore Career

Advice for your second act

About 52% have fully retired from the workforce, up from 45% in 2011. However, some…

By Sheiresa Ngo

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student loan debt

Report: Private Student Loan Borrowers Driven into Default

New report shows borrowers struggle to get help

Some borrowers say they don’t receive enough information or assistance from lenders and servicers when…

By Sheiresa Ngo

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Infographic: Are You Taking on Too Much Student Loan Debt?

Don't dig yourself into a debt hole

Student loan debt is at an all-time high. In fact, nearly 11% of all student…

By Sheiresa Ngo

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(Image: Thinkstock)

[SURVEY] How Does Your Wealth Management Measure Up?

Voice your insights on key financial topics for your household below

Massachusetts Mutual Life Company (MassMutual) took an in-depth look at African American household finances to…

By Sheiresa Ngo

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student loan

10 Worst States for Student Loan Debt

Is your state one of them?

Personal finance website Wallet Hub recently conducted a study highlighting the best and worst states…

By Sheiresa Ngo

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scam

Scammers Take Advantage of Ebola Scare

Don't let fear cause you to lose your common sense

The FTC and FDA are making it clear that unsubstantiated claims will not be tolerated.…

By Sheiresa Ngo

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Consumers Cut Back on Spending

Are you doing some belt tightening?

Two-thirds of Americans are reducing their monthly spending. One of the main reasons is the…

By Sheiresa Ngo

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Close-up of a young businesswoman holding a pair of glasses

Some Millennials Have Trust Issues When It Comes to Money

Who do you trust with your money?

The millennials who responded to this survey expressed anxiety when it comes to their personal…

By Sheiresa Ngo

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Money Problems Plague Americans

Consumers are tortured by debt

A drastic increase in debt, while not having enough savings for retirement, makes things…

By Sheiresa Ngo

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[Part 2] App Helps Parents Teach Kids Budgeting

One-on-one with Allowance Manager creator Dan Meader

An allowance can serve as a learning tool.

By Sheiresa Ngo

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Q & A With Allowance Manager Creator Dan Meader

New app helps parents manage their children’s money

If you’ve been having trouble keeping track of your kids’ allowance, you’ll be happy to…

By Sheiresa Ngo

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black-woman-shopping

Nielsen Study Highlights the Power of Black Female Consumers

Women of color hold the purse strings

African American women are the drivers of many household purchasing decisions

By Sheiresa Ngo

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Image: ThinkStock

CFPB Study: Many Owners of Manufactured Homes Have Pricey Loans

Convenience will cost you

Owners of manufactured homes tend to be older, live in rural neighborhoods, and have a…

By Sheiresa Ngo

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coupleoutonadate

Should an Engagement Ring Be Financed?

Could your fiance be in over his head by spending too much?

Here’s how to understand where the engagement ring’s value truly lies.

By Kenny Pugh

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Cost of Caregiving Takes Many by Surprise

Caring for loved ones can take a toll

A little under half of family caregivers say they spend more than $5,000 annually on…

By Sheiresa Ngo

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Infographic: Countries with the Highest Customer Satisfaction

Find out which countries offer top-notch customer service

If you’re looking for a super-awesome customer service experience, you’re going to have to travel…

By Sheiresa Ngo

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Credit Cards

Tip of the Month: Managing Credit Card Debt

Your daily money bite

Black Enterprise Money editor Sheiresa Ngo shares her tip of month on managing credit card…

By Sheiresa Ngo

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Infographic: Tips for Managing Your Student Loan

Here's what to do before contacting the ombudsman

Here are a few helpful tips for managing your student loans.

By Sheiresa Ngo

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Infographic: Navigating the World of Financial Aid

A quick guide to making sense of the financial aid system

Figuring out the ins and outs of financial aid can be overwhelming. Here are some…

By Sheiresa Ngo

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Should your business charge credit card surcharges

Three Things to Look for When Checking Your Credit Report

Here's what you need to pay attention to

You’re entitled to receive one free credit report each year from each of the three…

By Sheiresa Ngo

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Infographic: Student Loan Debt is Ruining Your Finances

Here's how "good debt" is making you poor

Prepare to eat beans noodles for a very long time.

By Sheiresa Ngo

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Infographic: Is the American Dream Still Alive?

What's your dream?

Some say the American Dream is not what it used to be

By Sheiresa Ngo

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Moving for a Job? Don’t Forget These Tax Breaks

Take advantage of these deductions

If you’re planning a job-related move this summer, you’ll be delighted to know that you…

By Sheiresa Ngo

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Aarons VP_Andrea Freeman_final

Aaron’s Marketing VP Andrea Freeman Talks Consumer Trends

American workers still face challenges

Baby boomers were most likely to say they were significantly impacted financially.

By Sheiresa Ngo

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CFPB Launches Initiative to Provide Financial Education to Low-Income Consumers

CFPB enlists partners to train social services staff

Consumers with low-to-moderate income face unique stressors.

By Sheiresa Ngo

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Millennial Women Must Save, Prepare for Retirement

Suzanna de Baca of Ameriprise Financial details more on women and money

It’s important to create emergency savings, pay down debt, and lay down the foundation for…

By Sheiresa Ngo

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Regulators Offer HELOC Guidance

Guidelines will help lenders and consumers transition

The Conference of State Bank Supervisors and the federal financial institutions regulatory agencies provided guidelines…

By Sheiresa Ngo

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New Reverse Mortgage Rule Could Prevent Foreclosure

Updated guidelines allow some borrowers to avoid homelessness

Updated rules will give seniors in reverse mortgage plans relief from losing their homes.

By Sheiresa Ngo

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Summer Heat: Federal Student Loan Interest Rates Will Rise in July

Some borrowers will pay more, but there is a silver lining

Institute for College Access and Success’ (TICAS) Project on Student Debt has chart to help…

By Sheiresa Ngo

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TD Bank offers Franchise Financing Options for Veterans

Opportunities for Military Vets: Financial Coalition Formed

Companies and organizations including Visa partner to provide resources

Visa and other organizations partner to aid military personnel and vets in financial and career…

By Sheiresa Ngo

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How to Talk to Your Children About Money

Use this strategy to ensure your children are on the right path with financial fitness.

By Sheiresa Ngo

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AARP and SBA Share Start Up Advice on Entrepreneurship for the 50 Plus

Senior Sensibilities: How to Talk to Aging Parents About Money

Use this strategy to help senior loved ones manage their finances in retirement

Talking about money can be challenging, but it gets even more tricky when it’s your…

By Leslie E. Royal

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student loan

Student Loan Relief: Bill Could Allow Bankruptcy Discharge

Borrowers might get some relief with proposed legislation

New bill calls for reducing student costs and makes it mandatory for colleges to make…

By Sheiresa Ngo

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Report: Some Insurers Plan to Scale Back Living Benefits

Half of those surveyed plan decrease

According to a recent report, half of insurers surveyed plan to decrease number of product…

By Sheiresa Ngo

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He still rocks leisure suits and hates that "hippity hoppity" music. But you might want to listen to grandpa when it comes to handling money. (Image: ThinkStock)

Opening an Investment Account for a Minor

It's never too early to start

(Image: ThinkStock)
Although in most states children younger than 18 cannot legally buy stock or…

By Emerald S. Morrow

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shopping-620x480

How to Get Your Warranty Extended for Free

Don’t pay if you don’t have to

Let’s face it; extended warranties are expensive. Extra coverage on a new car, for instance,…

By Sheiresa Ngo

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Three Insurance Options and What to Consider

Three specialty coverage options and what to consider before investing

Here are three specialty insurance policies you might want to think twice about before opening…

By Tamara E. Holmes

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know-your-banker

Capital One Will Stop Using ChexSystems

More consumers will have a shot at getting an account

If you’ve ever been denied a bank account, chances are the decision was made after…

By Sheiresa Ngo

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credit-card-use

Suze Orman Prepaid Debit Card Discontinued

Cardholders are no longer "approved"

If you own one of Suze Orman’s Approved cards, you might have a slightly annoying…

By Sheiresa Ngo

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black woman texting

4 Money Management Tips for Millennial Women

Young women tend to struggle with managing their cash

A recent study by Ameriprise Financial shows that millennial women are likely to feel stretched…

By Sheiresa Ngo

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Are Investment Motifs Good for Your Portfolio?

Explore whether idea-based investing is a viable strategy

What if you could invest in an idea, instead of a specific company, industry,…

By Bridget McCrea

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piggy-bank

What You Should Know About the Roth 401(k)

Determining when to pay taxes could make all the difference in your retirement nest egg

While many people save for retirement in a 401(k) plan because it lets them defer…

By Tamara E. Holmes

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Credit Cards

The Lowdown on Investment Rewards Credit Cards

Weigh the pros and cons before making a decision

Anything that encourages you to save is a good thing. Or is it? Investment…

By Sheryl Nance-Nash

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Governor Cuomo Announces Tool to Stop Payday Lenders

Database will help identify and halt illegal lending

(Image: File)
Despite the fact that payday lending is illegal in many states, it is…

By Sheiresa Ngo

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4 Ways to Save Money on Hotel Costs

Enjoy time away from home while keeping cash in your pocket

If you’re gearing up to take a trip this summer, you’re most likely looking…

By Sheiresa Ngo

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Why You Need Life Insurance

Put a plan in place to protect your loved ones

While death may not be a pleasant topic for you, it’s important to plan for…

By Sheiresa Ngo

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Take Advantage of Hidden Credit Card Perks

Don't leave benefits on the table

I often hear people list the evils of credit cards, and blame them …

By Sheiresa Ngo

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Results of Card Hub 2014 Credit Card Debt Study

Credit information site Card Hub recently released its 2014 credit card debt study.  The study…

By Sheiresa Ngo

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mobile payments

CFPB Assesses How Mobile Banking Impacts Low-Income Consumers

The Consumer Financial Protection Bureau is investigating the benefits and challenges of mobile financial services.…

By Sheiresa Ngo

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New Debt Collection Scam

Fraudsters continue to find new ways to rip off consumers

Scammers are always waiting for an opportunity to steal from you. Illinois residents are being…

By Sheiresa Ngo

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AARP and SBA Share Start Up Advice on Entrepreneurship for the 50 Plus

AARP Releases Survey of African American Baby Boomers

African Americans over 50 share concerns about employment, education and workforce discrimination

AARP recently came out with a survey assessing the concerns that matter most to…

By Sheiresa Ngo

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irs

IRS Adopts Taxpayer Bill of Rights

The Internal Revenue Service recently announced a user-friendly Taxpayer Bill of Rights. It will take…

By Sheiresa Ngo

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A Peek Inside Presidential Finances

Former presidents and spouses fare well after their terms

Many were shocked by Hillary Clinton’s revelation that she and former President Bill Clinton were…

By Sheiresa Ngo

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retirement

5 Things to Know about Phased Retirement

Is easing into your golden years right for you?

Here’s what you need to know about phased retirement:
1) You’ll see whether your retirement savings is…

By Sheiresa Ngo

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President Obama Proposes Expansion of Student Loan Debt Forgiveness Program

Executive order would relieve burden for some borrowers

Do hefty student loan payments have you tightening your belt until the buckle is about…

By Sheiresa Ngo

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Best and Worst States for Financial Literacy

Where does your state rank?

Financial literacy is key to building and growing your wealth. A recent survey by WalletHub…

By Sheiresa Ngo

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Money Expert Marsha Barnes Shares Top 10 Savings Tips

How to live well on less

In our fourth and final installment of the money management series with Marsha Barnes, she…

By Sheiresa Ngo

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Merging Finances with Your Spouse

5 tips that will help you and your spouse work in perfect financial harmony.

If you’re recently married, at some point you’ll be faced with a big decision:…

By Sheiresa Ngo

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Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home

Compton rapper spends his money wisely with latest purchase

Kendick Lamar proves that he knows the value of a dollar and smart investment with…

By Courtney Connley

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Managing Finances after Divorce: Should You Keep the House?

Keeping your home might not always be the best choice

Carefully managing your money can be a balancing act. This is especially …

By Sheiresa Ngo

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Sam’s Club Offers New EMV Card

Retailer offers increased security for its members

Sam’s Club recently announced that it will issue cash-back credit cards with an EMV chip.…

By Sheiresa Ngo

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Rebuilding Finances after Divorce

Cutting ties after age 50 could have a significant impact on finances

Carefully managing your money can be a balancing act. This is especially true…

By Sheiresa Ngo

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Money Expert Marsha Barnes Shares Her Budgeting Tips

You can live well on less

If you have a hard time sticking to your budget, you’ve come to the right…

By Jennifer Streaks

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Money Expert Marsha Barnes Talks about Keeping Finances on Track

How you can live well on less

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When developing a financial plan, financial educator Marsha Barnes counsels her clients to stop…

By Jennifer Streaks

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FDA Launches Database Alerting Consumers about Deadly Drug Interactions

Adverse reactions will be easier to track

If you take a lot of prescription drugs, it can be hard to keep track…

By Sheiresa Ngo

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TIAA-CREF Financial Planner Talks Managing Finances after Divorce

Make sure you have a solid plan in place

Carefully managing your money can be a balancing act. This is especially true for…

By Sheiresa Ngo

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4. Increase your savings

Don’t feel like you can save more money---or are you simply fed up with getting next to nothing on the savings you are stashing away? Maybe the best way to begin saving more money is just by getting a different savings account; online savings accounts boast rates that are sometimes five times the national average.

Use MoneyRates.com to find which banks are offering the highest interest rates on savings accounts, CDs and money market accounts.

Retirement Planning Milestones

How to plan for your golden years at each life stage

Are you prepared for retirement? If not, you have plenty of company.
The Center for Retirement…

By Sheiresa Ngo

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Consumer Income Rose Slightly in April

Small gains were seen

Consumers had a slight increase in personal income for April, but it was still lower…

By Sheiresa Ngo

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Savings Expert Marsha Barnes Talks about Frugal Living

You can live well on less

A recent national survey by the Consumer Federation of America finds that only about one-third…

By Jennifer Streaks

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estate planning

4 Estate Planning Tips

Plan ahead for your future

While death and dying are not pleasant topics, it’s important to make sure you plan…

By Sheiresa Ngo

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NFCC Poll: Consumers Reluctant to Assume Mortgage Risk

Are you worried about paying off a mortgage?

Even though many define the American Dream as becoming a homeowner, more consumers are…

By Sheiresa Ngo

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6 Tips for Young Investors

Learn the basics of how to get a head start on planning your retirement

Once you land full-time employment, your employer may offer the option to contribute to…

By Sheiresa Ngo

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15 Banks and Payment Processors Face Fraud Investigation

Justice Department initiates consumer fraud investigation

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The Justice Department is initiating a consumer fraud investigation by the name…

By Sheiresa Ngo

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Berkshire Hathaway Offers Travel Insurance

A new option for low-cost flight protection

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Berkshire Hathaway announced that it will begin offering a new kind of travel insurance.…

By Sheiresa Ngo

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America Saves Survey: More Consumers Automate Savings

But some still stash cash at home

If you’ve ever wondered how your saving habits compare to those around you, wonder no…

By Sheiresa Ngo

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MasterCard Extends Zero-Liability Policy

Protection provided for ATM and PIN transactions

Debit and credit card company MasterCard announced that it will extend its zero-liability policy for…

By Sheiresa Ngo

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Common Misconceptions Newlyweds Have about Credit

Are you believing a financial lie?

If you’re a newlywed, there are some things regarding money about which you might be…

By Sheiresa Ngo

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National Black Church Initiative Partners with TrustEgg

Organization will help one million children start a savings account

The National Black Church Initiative, a faith-based coalition of 34,000 churches, recently announced a partnership…

By Sheiresa Ngo

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Consumers Show Concern over Security of Financial Information

Is your information at risk?

If you stay up late at night worrying about your financial security, you’re not alone.…

By Sheiresa Ngo

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Keep Track of Product Recalls

Stay safe by keeping abreast of developments

Have you ever learned that a product that you use or someone close to you…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

Auto Parts Price-Fixing Scandal Makes Justice Department History

This is the department's largest antitrust investigation ever

If you thought the auto industry’s woes couldn’t get any worse, think again. More bad…

By Sheiresa Ngo

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CFPB Reports on Payday Lenders and Debt Collectors

Report shines light on deceptive practices

The Consumer Financial Protection Bureau is responsible for overseeing depository institutions and credit unions with…

By Sheiresa Ngo

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social security

Maya Rockeymoore Talks about Why Social Security is Important

Social Security benefits both the young and old

Maya Rockeymoore, president of the Center for Global Policy Solutions, recently  presented before the Senate…

By Sheiresa Ngo

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Movie Theater Charges Extra for Middle Seats

Could a surcharge be headed your way?

What would you do if your local theater only let patrons who paid more money…

By Sheiresa Ngo

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Credit Union for Pro Athletes Approved

Organization founded by former wife of baseball player

It is widely known that professional athletes often struggle with managing their money. Consequently, many…

By Sheiresa Ngo

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The 5 Best States for Banking

Did your state make the list?

If you’ve ever wondered which states have the best banks and how they compare to…

By Sheiresa Ngo

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Largest Real-Time Clinical Health Database Launched

Doctors and professionals can easily track consumer health

Practice Fusion, an electronic health records company, recently launched Insight by Practice Fusion, a free…

By Sheiresa Ngo

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Avoid a Vacation Rental Rip Off

Don't get tricked by fraudsters

If you’ve decided to skip the hotel and instead opt for a vacation rental, there…

By Sheiresa Ngo

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John Hope Bryant Talks about New Book and CFPB Partnership

Operation HOPE partners with CFPB

In part three of this series, Black Enterprise speaks with John Hope Bryant to learn…

By Sheiresa Ngo

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Veteran Women and Spouses

Military Members Face Financial Weakness

Differences can be seen between military and general population

The National Foundation for Credit Counseling recently conducted a survey that shows many members of…

By Sheiresa Ngo

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Women of Power

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Star Jones Confirmed to Moderate Women of Power Summit Panel

Star Jones is set to moderate a panel with industry leaders at Black Enterprise’s 2015…

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Women of Power Summit: Social Media 101 for Senior Professionals

Social media isn’t just a playground for millennials. Check out tips from Angela Pitter, a…

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