September 30, 2014 9:01 PM • Log InREGISTER
HOT TOPICS:
ATM Overdraft Fees Reach All-Time High Circle of Sisters Expo Returns to New York to Empower Women Should an Engagement Ring Be Financed? Student Loan Defaults Decline, Yet Number Remains High Infographic: The Financial Lives of Working Mothers Nas, Snoop Dogg Bet Big On Robinhood App Walmart Now Offers Low-Cost Checking Accounts Infographic: Wealthbuilding Habits of the Rich Cost of Caregiving Takes Many by Surprise FTC Issues Refunds to Consumers Affected by AmeriDebt Scam Top of the Upper Class: 155 New Billionaires Minted in 2014 Older Americans Saddled with Student Loan Debt Federal Reserve Decides Not to Change Swipe Fees TIAA-CREF Survey: More Consumers Interested in Financial Advice Citizens Bank Offers Student Borrowers a Chance to Refinance at Lower Rate Infographic: Countries with the Highest Customer Satisfaction AARP Family Expert Offers Coping Tips for the Sandwich Generation Study: One in Five Can’t Live without Credit Cards Tips for Calculating Mortage Costs Tip of the Month: Managing Credit Card Debt Watch out for Health Plan Scams 10 Richest African Americans In Congress [Part 2] Retirement Tips for the Sandwich Generation Timeshare Nightmare: Waking Up & Walking Out Can Be Just A Pipe Dream Timeshare Red Flags: Six Things to Look Out for Before You Sign FDIC Introduces Updated Site Retirement Tips for the Sandwich Generation New Work-at-Home Scheme Hits NYC Back-to-School: CFPB Works to Protect Student Veterans Infographic: How Did Credit Become King? Hospitals Team Up with Banks to Offer Interest-Free Loans September is Life Insurance Awareness Month Infographic: Tips for Managing Your Student Loan IRS Warns of Phone Scams Study: More Millennials Saying No to Credit Cards Study: Couples Hesitant to Share Finances Flying the Friendly Skies: 6 Tax Tips Every Business Traveler Should Know 7 Ways To Give To Your Favorite Charitable Causes Consumer Tip: Watch Out for Hidden College Costs Infographic: Navigating the World of Financial Aid Report Shows Amazon Offers Best Deal on College Textbooks Infographic: Best Practices for Purchasing Life Insurance Computer Chips Coming to a Credit Card Near You TIAA-CREF Survey Details Retirement Contribution Challenges Top-Selling Sneakers: Which NBA Baller Reigns Supreme? Infographic: Where College Students Spend Their Money Money-Flipping Scams on Instagram Popular Safe and Sound: Where to Keep Important Documents Infographic: A Visual Guide to the American BBQ 5 Reasons Your Credit Card Application Was Denied Bank Fees Hit New Highs Infographic: Save on Labor Day Travel Survey: Gen Xers Still Recovering From Recession Infographic: Kid-Friendly Tax Breaks Consumer Tip of the Day: Negotiating a Financial Aid Package Three Things to Look for When Checking Your Credit Report Consumer Tip of the Day: Track Spending Survey: Healthcare Providers Fall Short in Providing Cost Transparency Infographic: How Much Do You Spend on Coffee? Infographic: Car Insurance Mistakes Back-to-School: Tips for Moving Into Your First College Apartment [SURVEY] How Does Your Wealth Management Measure Up? Infographic: Ways to Tame Your Spending Least Expensive States to Own a Car FTC Requests Shutdown of Fake Credit-Debt Scheme NASFAA Offers Tools to Help You Find Money For School Infographic: Student Loan Debt is Ruining Your Finances Report: Late Auto Payments on the Rise Most Expensive States to Own a Car Top 20 Global Locales for Billionaires Visa Announces New Fraud Protection System Infographic: Back-to-School Saving Tips Family Affair: How One Couple Keeps Household Finances in Order (Part 2) Don’t Wait To Plan Your Holiday Shopping By the Numbers: 10 Most Attractive Cars for Thieves Infographic: Know Your Mortgage Rights Family Affair: How One Couple Keeps Household Finances in Order Infographic: Is the American Dream Still Alive? Moving for a Job? Don’t Forget These Tax Breaks Report: Consumer Spending on the Rise Amazon Launches Mobile Payment Service Aaron’s Marketing VP Andrea Freeman Talks Consumer Trends Poll: Consumers Losing Sleep over Money and Working at Miserable Jobs Study: Many Data-Breach Victims Don’t Fight Back How Fake $100 Bills Avoided Detection Study: Consumers Still Recovering from the Recession Infographic: How to Save Money on Auto Insurance Personal Finance Trivia: What Do You Know About U.S. Currency? Infographic: Grandparents Influence Grandchildren’s Money Views FTC Refunds More than $16 Million to Tax Scam Victims Infographic: Best Time to Buy a Car Tax Tips for Hobbyists Tax Breaks for Job Hunting Expenses Infographic: Mortgage Closing Costs Rise FTC Study: Mobile Shopping App Disclosures are Lacking Better Business Bureau Issues Warning about Online Car Shopping Infographic: How the Rich Avoid Taxes CFPB Speaks out Against High Overdraft Charges Infographic: World’s Bestselling Products Beware of a New Scam on Facebook Numbers Game: What Happens If Beyoncé & Jay-Z Divorce? CFPB Launches Initiative to Provide Financial Education to Low-Income Consumers Infographic: Do Consumers Really Have Freedom of Choice? CFPB and FTC Fight Foreclosure Relief Scammers Economy Bounces Back in Second Quarter Goodshop App Combines Shopping with Charity Car Title Lenders Find Loopholes to Overcharge Customers Study: One in Three Americans with Credit File Has Debt in Collections New Social Security Rule Affects Boomers New Rule for Individual Taxypayer Identification Numbers Watch out for Business Directory Scams Infographic: The Cost of Summer Fun Then and Now Celebrity Real Estate: 8 Entertainers Who Put Lavish Homes on the Market Sociologists Analyze Homeowner Attrition Survey: Women and Millennials Don’t Get Full Retirement Match Infographic: Savvy Tips on How to Allocate Investment Assets Credit Card Interest Rates on the Rise Error in FAFSA Form May Affect Financial Aid Offers Life-Savers: 5 Tax Facts for Home Sellers Retirement? Millennials See Cash as Long-term Investment Strategy Infographic: Federal Versus Private Student Loans Consumer Alert: Malware Threat at Hotel Business Centers Help for Overdrafts: Wells Fargo Will Stop ‘Stacking’ Checks Study: U.S. Millennials Waiting Longer to Buy Homes Forbes Media Sells Majority Stake To Hong Kong Investment Company Group Homebuilder Confidence on the Rise Consumer Tip of the Day: Watch out for Hotel Scams Survey: More Americans Borrowing from 401K for Non-Essentials Top 10 Counties with the Best Property Tax Value Kim Kardashian New Video Game On Track To Net $200 Million [Exclusive] Part 2: Rick Ross Details Nigerian Business Interests and Winning with MMG Team Consumer Tip of the Day: Diversify Online Shopping Sources to Find Deals Consumer Spending Slows Down in June Consumer Tip of the Day: Couples, Learn to Live on One Income Women Winning: Study Finds Female Entrepreneurs Optimistic and Growing Top 10 Cities with Highest Travel Taxes Denied: Some College Students Can’t Access Federal Loans Filing Funds: How Taxes Affect Nonprofit Crowdfunding Campaigns Brad Pitt To Build Low-Income Homes For Native American Families Banking Malware Discovered on Google Play Consumer Tip of the Day: Automate Your Savings CFPB Enters Order Against ACE Cash Express Inheritance Update: CFPB Clarifies Mortgage Rules Consumer Tip of the Day: Conduct a Financial Inventory Top 10 Sizzling Real Estate Markets R&B Longevity: Boyz II Men Talk Brand Partnerships Top Worst States for Working Mothers Spirit Airlines Offers Free Miles to ‘Haters’ Apple Has a Secret iPhone Store Consumer Tip of the Day: Get Complaints Resolved via Social Media

Money

MONEY

ATM Overdraft Fees Reach All-Time High

The average overdraft fee of $32.74 set a new record high for the 16th consecutive…

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Circle of Sisters

Circle of Sisters Expo Returns to New York to Empower Women

Join Black Enterprise editors as they talk social media and crowdfunding

Circle of Sisters Expo, New York’s largest expo for women of color, will begin Saturday,…

By Patrick Austin

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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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Image: Thinkstock

Student Loan Defaults Decline, Yet Number Remains High

For-profit schools account for the majority of defaults

Among all colleges, about 13.7% defaulted within three years of entering repayment.

By Sheiresa Ngo

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black-businesswoman-620x480.jpg

Infographic: The Financial Lives of Working Mothers

More working mothers are the heads of their household

Roughly 40% of working mothers are taking the lead when it comes to providing for…

By Sheiresa Ngo

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snoop-lion-no-guns-allowed-shows-change-black-enterprise

Nas, Snoop Dogg Bet Big On Robinhood App

Creators look to eliminate the middleman, make investing free and easy

App makers look to eliminate the middleman, make investing free and easy, making it attractive…

By Richard Spiropoulos

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walmart

Walmart Now Offers Low-Cost Checking Accounts

Consumers have a new choice among checking account offerings

Are you looking to open a checking account? GoBank might be just what you’re looking…

By Sheiresa Ngo

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MONEY

Infographic: Wealthbuilding Habits of the Rich

What sets the super-rich apart from the rest of us?

If you want to be wealthy, take a few small steps each day to get…

By Sheiresa Ngo

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old-black-couple-smiling

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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scam

FTC Issues Refunds to Consumers Affected by AmeriDebt Scam

Customers will get their money back

Consumers were allegedly deceived regarding fees and were led to believe that AmeriDebt was a…

By Sheiresa Ngo

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black-enterprise-michael-jordan-becomes-a-billionaire

Top of the Upper Class: 155 New Billionaires Minted in 2014

Few people of color: 2 are African American and several hail from Africa

Michael Jordan and other new faces join the billionaire club, bringing total accumulated wealth to…

By Richard Spiropoulos

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piggy bank college fund

Older Americans Saddled with Student Loan Debt

Student loans are starting to linger into borrowers' golden years

Student loan debt has an impact on a much larger group of people than might…

By Sheiresa Ngo

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(Image: Thinkstock)

Federal Reserve Decides Not to Change Swipe Fees

Fees will remain unchanged

The Federal Reserve has decided to keep current credit card swipe fees in place.

By Sheiresa Ngo

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(File)

TIAA-CREF Survey: More Consumers Interested in Financial Advice

Less people are shying away from professional input

A recent survey shows more consumers are opening up to financial advice.

By Sheiresa Ngo

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student loan

Citizens Bank Offers Student Borrowers a Chance to Refinance at Lower Rate

Borrowers may get a rate lower than what they are already paying

If you’re looking to refinancing your student loan, you now have a new option.

By Sheiresa Ngo

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shopping-620x480

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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young black family at park

AARP Family Expert Offers Coping Tips for the Sandwich Generation

If you're taking care of your parents and children financially, this advice is for you

If you’re overwhelmed by family obligations, know that it’s OK to reach out for support.

By Sheiresa Ngo

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Credit-Cards-620x480

Study: One in Five Can’t Live without Credit Cards

Are you lost without credit?

Don’t start an unhealthy love affair with your plastic.

By Sheiresa Ngo

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Image: ThinkStock

Tips for Calculating Mortage Costs

Here are some helpful uses for a calculator

A mortgage calculator can help you with determining how soon you’ll be able to pay…

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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extra money

Watch out for Health Plan Scams

Don't be fooled by this trick

Make sure to thoroughly research health care plans before you buy.

By Sheiresa Ngo

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(Image: House.gov)

10 Richest African Americans In Congress

A rundown of the U.S. politicians making the most money in the House

Check out this rundown of wealthiest black congressmen and women, based on figured compiled by…

By Richard Spiropoulos

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

[Part 2] Retirement Tips for the Sandwich Generation

Advice from TIAA-CREF financial planner Shelly-Ann Eweka

Are you caught between saving for retirement while taking care of your children’s needs as…

By Sheiresa Ngo

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hacienda2a

Timeshare Nightmare: Waking Up & Walking Out Can Be Just A Pipe Dream

A valid, binding contract almost impossible to get out of

(Image: Instagram)
On a vacation in Mexico six years ago, Jessica Martinez and her husband took…

By Richard Spiropoulos

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family-vacation-063011-300x232

Timeshare Red Flags: Six Things to Look Out for Before You Sign

Industry experts warn about the devil in the details

Industry experts warn about the devil in the details in timeshare contracts. Buyer beware.

By Richard Spiropoulos

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(Image: Thinkstock)

FDIC Introduces Updated Site

Consumers get a new-and-improved site

The FDIC has unveiled an improved Website for consumers. Information is more accessible and engaging.…

By Sheiresa Ngo

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7 SAVINGS ACCOUNT QUESTIONS  	1. Does this account fit my banking habits?  	Just like with a checking account you have to ask yourself (and the prospective bank) similar questions: Do you prefer meeting face-to-face with a teller or quick transactions online? How often do you tap into your savings, if at all? Do you prefer setting up automatic withdrawals or managing your account with a passbook? Your personal preference(s) play a major part in selecting a bank.

Retirement Tips for the Sandwich Generation

Tips from TIAA-CREF Financial Planner Shelly-Ann Eweka

If you’re stuck in the middle between college savings and caring for aging parents, you…

By Sheiresa Ngo

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AngryYoungWomanComputerNewsLetter

New Work-at-Home Scheme Hits NYC

Be cautious about work-from-home jobs scams

If you’re thinking of taking on a work-from-home opportunity, think twice before signing on the…

By Sheiresa Ngo

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TD Bank offers Franchise Financing Options for Veterans

Back-to-School: CFPB Works to Protect Student Veterans

The organization aims to shield veterans from abusive and deceptive recruiting practices by schools

The Consumer Financial Protection Bureau is looking to help veterans looking to go back to…

By Sheiresa Ngo

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Credit Cards

Infographic: How Did Credit Become King?

Interesting tidbits about history of today's common denominator

You probably don’t give a second thought to that little piece of plastic, but did…

By Sheiresa Ngo

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MoneyandHealth

Hospitals Team Up with Banks to Offer Interest-Free Loans

Will this hurt or help patients?

One hospital has created a new payment option that will help patients pay for the…

By Sheiresa Ngo

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Life-Insurance-620x480

September is Life Insurance Awareness Month

An overview of life insurance buying habits

Many people put off buying life insurance until a major life event occurs. That’s not…

By Sheiresa Ngo

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after-school-daze-recent-grad-300x232

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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Fraud-300x232

IRS Warns of Phone Scams

How to protect your personal information

Fraudsters are attempting to use their engaging phone skills to trick you out of your…

By Sheiresa Ngo

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Credit Cards

Study: More Millennials Saying No to Credit Cards

More than 60% of millennials are without a credit card

A new Bankrate survey reveals that more than 60% of millennials are shying away from…

By Courtney Connley

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black-couple-and-stack-of-money-378x350

Study: Couples Hesitant to Share Finances

Do you trust your honey with your money?

Many couples prefer to separate their finances.

By Sheiresa Ngo

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(Image: Thinkstock)

Flying the Friendly Skies: 6 Tax Tips Every Business Traveler Should Know

Don't miss these breaks that could mean more money in your pocket

Business travelers, don’t miss out on these tax breaks. They could put more money in…

By Marquita Miller

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entrepreneur-network-charity-110911-620x480.jpg

7 Ways To Give To Your Favorite Charitable Causes

How to give generously, as well as strategically, with an eye on smart wealth management.

How to give generously, as well as strategically, to charitable causes, with an eye on…

By Carolyn M. Brown

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money

Consumer Tip: Watch Out for Hidden College Costs

Be mindful of these budget busters

College is an expensive venture. Don’t kill your budget by not taking into account some…

By Sheiresa Ngo

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(File)

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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The price of academic success (Image: Thinkstock)

Report Shows Amazon Offers Best Deal on College Textbooks

Save money on books by shopping online

Consumer Reports has determined that the first place students should shop for their textbooks. Find…

By Sheiresa Ngo

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Life-Insurance-620x480

Infographic: Best Practices for Purchasing Life Insurance

Tips for buying life insurance

Here are a few tips for purchasing life insurance.

By Sheiresa Ngo

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Credit Cards

Computer Chips Coming to a Credit Card Near You

Notice something different about your credit card?

The new computer chips make it harder for thieves to get your information from your…

By Sheiresa Ngo

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(File)

TIAA-CREF Survey Details Retirement Contribution Challenges

Workers are losing out hugely. Here's why

Research has found that workers are losing out hugely in terms of retirement contributions, with…

By Sheiresa Ngo

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(Image: Facebook)

Top-Selling Sneakers: Which NBA Baller Reigns Supreme?

Is it Lebron James, Kevin Durant or Michael Jordan?

With the latest multimillion-dollar endorsements, BlackEnterprise.com takes a look at the highest selling sneakers of…

By Richard Spiropoulos

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(Image: Thinkstock)

Infographic: Where College Students Spend Their Money

How college students go broke

Check out this infograhic breakdown of how college students use—and mishandle—their money.

By Sheiresa Ngo

Posted: Tags: , , , , ,
extra money

Money-Flipping Scams on Instagram Popular

Beware of these get-rich-quick schemes

Those often annoying, but very attractive claims posted under Instagram photos to make lots of…

By Sheiresa Ngo

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Moving-In-300x232

Safe and Sound: Where to Keep Important Documents

Tips for storing vital items for quick and easy reference later

Make sure your important documents are safe.

By Sheiresa Ngo

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young black family at park

Infographic: A Visual Guide to the American BBQ

Fun facts for your Labor Day weekend

Here are a few interesting tidbits for your long holiday weekend.

By Sheiresa Ngo

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Credit Cards

5 Reasons Your Credit Card Application Was Denied

Here's why you were turned down

No one applies for a credit card hoping their application will be rejected.

By Sheiresa Ngo

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know-your-banker

Bank Fees Hit New Highs

Prepare for a lighter wallet

Prepare to spend more to maintain your bank account.

By Sheiresa Ngo

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(Image: Thinkstock)

Infographic: Save on Labor Day Travel

Keep more cash in your pocket

Use these tips will save you money this holiday. Check out this infographic breakdown.

By Sheiresa Ngo

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YoungProfessionals6204809

Survey: Gen Xers Still Recovering From Recession

Many are not saving enough for retirement and plan to work beyond age 65

Research finds many Generation Xers aren’t saving for retirement.

By Carolyn M. Brown

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irs

Infographic: Kid-Friendly Tax Breaks

Take advantage of these breaks

Get in on these child-related tax breaks.

By Sheiresa Ngo

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(File)

Consumer Tip of the Day: Negotiating a Financial Aid Package

Use these tips to get a better deal

Expect to pay $22,826 for tuition at an in-state public college and $44,750 at a…

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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piggy-bank

Consumer Tip of the Day: Track Spending

Tips for getting a handle on your cash

Check out this money-saving strategy.

By Sheiresa Ngo

Posted: Tags: ,
MoneyandHealth

Survey: Healthcare Providers Fall Short in Providing Cost Transparency

Consumers are consistently shocked by their medical bills

Consumers are almost always surprised by out-of-pocket medical costs.

By Sheiresa Ngo

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businesswoman-coffee-laptop-300x350.jpg

Infographic: How Much Do You Spend on Coffee?

How those small purchases add up to big losses for your pockets

Do you buy coffee every morning? Here’s how those seemingly small purchases add up to…

By Sheiresa Ngo

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Empty-Wallet-300x232

Infographic: Car Insurance Mistakes

Don't make these blunders

Take advantage of overlooked perks.

By Sheiresa Ngo

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Image: Thinkstock

Back-to-School: Tips for Moving Into Your First College Apartment

Here's what you should know before renting your new place

You can avoid this headache by learning your rights and responsibilities.

By Sheiresa Ngo

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Man-Cash-Money-620480

[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

Posted: Tags: , , , ,
credit-card-shopping-620x480.jpg

Infographic: Ways to Tame Your Spending

Tips for keeping cash in your pocket

Check out these quick tips on how to tame your spending and save more money.

By Sheiresa Ngo

Posted: Tags: , , ,
piggy-bank

Least Expensive States to Own a Car

Is your state on the list?

If you own a car in one of these states, you’ll have a little extra…

By Sheiresa Ngo

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Five Legal Terms Every Business Owner Should Know

FTC Requests Shutdown of Fake Credit-Debt Scheme

The government agency aims to protect consumers

Phony debt relief/credit repair programs, allegedly made false statements that they were funded by the…

By Sheiresa Ngo

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money

NASFAA Offers Tools to Help You Find Money For School

Resources to help you pay tuition

There are many free online tools to make your search for financial aid a little…

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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(Image: Thinkstock)

Report: Late Auto Payments on the Rise

More consumers are paying their car loans late

If you’re late on your auto loan payment, you have some company.

By Sheiresa Ngo

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piggy banks-300x232

Most Expensive States to Own a Car

Is your state on the list?

If you own a car in one of these states, expect a lighter wallet.

By Sheiresa Ngo

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nyc1

Top 20 Global Locales for Billionaires

Data show cities that house the most wealthy

Here’s a breakdown of where the most billionaires are located and why.

By Richard Spiropoulos

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Credit Cards

Visa Announces New Fraud Protection System

The card issuer is aiming to help protect consumers

Newtechnology might protect you at the pump.

By Sheiresa Ngo

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black-female-african-american-student

Infographic: Back-to-School Saving Tips

Here's how you can cut the costs this season

Check out ways you can cut costs for the back-to-school season.

By Sheiresa Ngo

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Extra-Cash-620x480

Family Affair: How One Couple Keeps Household Finances in Order (Part 2)

Anisha and Russ Bailey are serious about saving money

Save money and watch your wealth grow.

By Sheiresa Ngo

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shopping-620x480

Don’t Wait To Plan Your Holiday Shopping

Tips and strategies to handle holiday spending without destroying your finances

The 2014 holiday season is a few short months away, yet many are financially unprepared…

By BLACK ENTERPRISE

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man-counting-money-in-suit

By the Numbers: 10 Most Attractive Cars for Thieves

National Insurance Crime Bureau details top stolen vehicles by state

Pick up trucks top the list for the top stolen car based on a breakdown…

By Sheiresa Ngo

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HomeownershipCoupleManWoman

Infographic: Know Your Mortgage Rights

Here's a breakdown of what you're entitled to as a homeowner

Here’s a breakdown of what homeowners are entitled to with their mortgage.

By Sheiresa Ngo

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Image: Thinkstock

Family Affair: How One Couple Keeps Household Finances in Order

Anisha and Russ Bailey are serious about saving money

Anisha and Russ Bailey talk family finances and how they’re able to juggle it all.…

By Sheiresa Ngo

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(Image: Thinkstock)

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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(Image: Thinkstock)

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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money-fans-122312-575hc

Report: Consumer Spending on the Rise

More people are loosening the purse strings

Summer travel accounting for much of the spending increase.

By Sheiresa Ngo

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(Image: Thinkstock)

Amazon Launches Mobile Payment Service

Retailer enters mobile payment market

Early birds get a discount.

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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Single-black-woman

Poll: Consumers Losing Sleep over Money and Working at Miserable Jobs

What are you losing sleep over?

If you can’t sleep because you’re underpaid and hate your job, join the club.

By Sheiresa Ngo

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Fraud-300x232

Study: Many Data-Breach Victims Don’t Fight Back

Don't make it easy for fraudsters

Consumers underestimate the likelihood they will become the victim of a security breach.

By Sheiresa Ngo

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house with money_final

How Fake $100 Bills Avoided Detection

Forgeries were so good they were only detected by Fed Reserve

Clever counterfeiters evaded Secret Service for more than a decade. Here’s how.

By Richard Spiropoulos

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economic-recession

Study: Consumers Still Recovering from the Recession

Raises and promotions stay stagnant while Americans' savings accounts are dwindling.

If you’re still feeling the pinch, you’re not alone.

By Sheiresa Ngo

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(File)

Infographic: How to Save Money on Auto Insurance

Tips for keeping cash in your pocket

A few quick questions can save you a bundle

By Sheiresa Ngo

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(Image: Thinkstock)

Personal Finance Trivia: What Do You Know About U.S. Currency?

Your daily money bite

Learn some fun facts about U.S. currency.

By Sheiresa Ngo

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old-black-couple-smiling

Infographic: Grandparents Influence Grandchildren’s Money Views

Seniors have more impact than you think

Grandchildren are open about talking money with their grandparents.

By Sheiresa Ngo

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tax tips

FTC Refunds More than $16 Million to Tax Scam Victims

Those affected will get about 16% of the money they lost

If you have a high tax bill, know that you have options.

By Sheiresa Ngo

Posted: Tags: , , ,
MONEY

Infographic: Best Time to Buy a Car

Here’s a hint: it’s right now

You won’t have to wait until the end of the year to get the best…

By Sheiresa Ngo

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irs

Tax Tips for Hobbyists

Here are some deductions you might be eligible for

If you’re an avid hobbyist, you might be able to deduct some of the costs…

By Sheiresa Ngo

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Tax Breaks for Job Hunting Expenses

You might be able to get a deduction on some costs

The Internal Revenue Service has some pointers for job seekers.

By Sheiresa Ngo

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Infographic: Mortgage Closing Costs Rise

Texas has the highest costs

You’ll have to dig just a little deeper into those pockets.

By Sheiresa Ngo

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(Image: Thinkstock)

FTC Study: Mobile Shopping App Disclosures are Lacking

Is your mobile payment app safe?

The FTC analyzes 121 popular apps used by consumers to conduct mobile payments.

By Sheiresa Ngo

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Better Business Bureau Issues Warning about Online Car Shopping

If a deal is too good to be true, it usually is

Be very careful about purchasing a car online.

By Sheiresa Ngo

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(Image: Thinkstock)

Infographic: How the Rich Avoid Taxes

A breakdown of how the wealthy use savvy to save money

Those making $10 million annually pay an average income tax rate of 19%.

By Sheiresa Ngo

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CFPB Speaks out Against High Overdraft Charges

Most debit card overdraft fees triggered by transactions of $24 or less

The CFPB is concerned about expensive overdraft fees for debit card and ATM transactions.

By Sheiresa Ngo

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Infographic: World’s Bestselling Products

Here's some fun consumer trivia

Consumers often stay loyal to one brand for many years.

By Sheiresa Ngo

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Beware of a New Scam on Facebook

Sneaky tool tricks user into hacking themselves

Make sure to keep a close eye on all of your social media accounts.

By Sheiresa Ngo

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Photo: James Devaney / FilmMagic

Numbers Game: What Happens If Beyoncé & Jay-Z Divorce?

Attorney discusses business implications of a Carter split

As of now it’s all hearsay, but what are the business implications if Beyonce and…

By Richard Spiropoulos

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(Image: ThinkStock)

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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Nielsen Study: African American Income, Education Exceeds Expectations

Infographic: Do Consumers Really Have Freedom of Choice?

An analysis of food reports from the U.S. Department of Agriculture and others

The products purchased by consumers often belong to a single food conglomerate.

By Sheiresa Ngo

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CFPB and FTC Fight Foreclosure Relief Scammers

The organizations will file lawsuits

The CFPB is pushing for the victims to be compensated.

By Sheiresa Ngo

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Economy Bounces Back in Second Quarter

Things are looking up for the nation's outlook

The U.S. economy is looking the best it has in five years.

By Sheiresa Ngo

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Goodshop App Combines Shopping with Charity

You can buy while giving to a good cause

With this app, you can choose from a list of schools and nonprofits in the…

By Sheiresa Ngo

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Car Title Lenders Find Loopholes to Overcharge Customers

Florida-based TMX Finance is allegedly one of the chief offenders

Customers are being subjected to triple-digit interest rates.

By Sheiresa Ngo

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Credit Cards

Study: One in Three Americans with Credit File Has Debt in Collections

Nevada tops the list

A debt in collections will remain on your credit report for seven years.

By Sheiresa Ngo

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

New Social Security Rule Affects Boomers

Those who've had both private and public jobs may see adjustments

Social Security is calculated in favor of low wage earners.

By Sheiresa Ngo

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New Rule for Individual Taxypayer Identification Numbers

New guideline will take effect next year

Changes are coming for Individual Taxypayer Identification Numbers.

By Sheiresa Ngo

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Watch out for Business Directory Scams

Always verify the legitimacy of a business

Three telemarketing agencies in Canada might be pulling a fast one on consumers.

By Sheiresa Ngo

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Infographic: The Cost of Summer Fun Then and Now

A comparison of summer fun throughout the years

Nowadays, fun is going to cost you.

By Sheiresa Ngo

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Image: Instagram

Celebrity Real Estate: 8 Entertainers Who Put Lavish Homes on the Market

These industry leaders take both wins and losses

Check out this list of top celebrities who put their homes on the real estate…

By Courtney Connley

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Sociologists Analyze Homeowner Attrition

Exploitative lending is partly to blame

For many, the American Dream involves becoming a homeowner.

By Sheiresa Ngo

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retirement

Survey: Women and Millennials Don’t Get Full Retirement Match

Group doesn't contribute enough to qualify for an employer match

Not contributing enough to receive the match is basically leaving money on the table.

By Sheiresa Ngo

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7 SAVINGS ACCOUNT QUESTIONS  	1. Does this account fit my banking habits?  	Just like with a checking account you have to ask yourself (and the prospective bank) similar questions: Do you prefer meeting face-to-face with a teller or quick transactions online? How often do you tap into your savings, if at all? Do you prefer setting up automatic withdrawals or managing your account with a passbook? Your personal preference(s) play a major part in selecting a bank.

Infographic: Savvy Tips on How to Allocate Investment Assets

Take time to assess your portfolio at least every quarter

As you get closer to retirement, you should have less invested in equities.

By Sheiresa Ngo

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Credit Cards

Credit Card Interest Rates on the Rise

Rates are slowly creeping up

The most significant increases can be seen when it comes to secured credit cards.

By Sheiresa Ngo

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Error in FAFSA Form May Affect Financial Aid Offers

Approximately 200,000 students were affected

Some schools began to see many applicants with unusual salaries on FAFSA.

By Sheiresa Ngo

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Life-Savers: 5 Tax Facts for Home Sellers

Here are a few pointers from the IRS

If you’re selling your home, you’ll want to take heed to these tax facts from…

By Sheiresa Ngo

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Retirement? Millennials See Cash as Long-term Investment Strategy

Financial views are still affected by the economic meltdown

The youngsters are placing their trust in cash when it comes to saving for retirement.

By Sheiresa Ngo

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Infographic: Federal Versus Private Student Loans

Choose your loan type carefully

This infographic outlines the difference between Federal and private student loans.

By Sheiresa Ngo

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Consumer Alert: Malware Threat at Hotel Business Centers

Business travelers must be on guard

Houstonian Hotel suffered data breach that lasted six months between Dec. 28, 2013, and June…

By Sheiresa Ngo

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Help for Overdrafts: Wells Fargo Will Stop ‘Stacking’ Checks

Latest efforts can save consumers from some fees

Wells Fargo will begin processing customers’ checks in the order they are received and stop…

By Sheiresa Ngo

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Study: U.S. Millennials Waiting Longer to Buy Homes

Findings link college education and marriage to delay

A report done by online real estate firm Trulia shows that education and marriage rates…

By Courtney Connley

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Forbes Media Sells Majority Stake To Hong Kong Investment Company Group

Forbes reaches agreement with group of international investors

Forbes Media, the parent company of Forbes Magazine has reached an agreement to sell a…

By Richard Spiropoulos

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Homebuilder Confidence on the Rise

Improvements in the economy have contributed to the positive outlook

The index measuring home builders’ views on current sales conditions rose four points to 57.…

By Sheiresa Ngo

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Consumer Tip of the Day: Watch out for Hotel Scams

Your daily money bite

Some scammers are taking advantage of unsuspecting hotel guests.

By Sheiresa Ngo

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retirement

Survey: More Americans Borrowing from 401K for Non-Essentials

Here's why that's not such a good idea

Survey by TIAA-CREF, titled Borrowing Against Your Future, shows some workers are getting downright…

By Sheiresa Ngo

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Top 10 Counties with the Best Property Tax Value

Counties in Oklahoma and Arkansas dominate list

Counties with more than 50,000 residents were ranked.

By Sheiresa Ngo

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Kim Kardashian New Video Game On Track To Net $200 Million

Kardashian empire expansion beyond clothing, jewelery and cosmetics pays off big

The millions continue to rain down for Kim Kardashian.
The reality star’s golden touch now includes…

By Richard Spiropoulos

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[Exclusive] Part 2: Rick Ross Details Nigerian Business Interests and Winning with MMG Team

'It's no better time than now to set example, rewrite the game'

Mogul Rick Ross sits down for part two of BlackEnterprise.com exclusive to talk business interests…

By Richard Spiropoulos

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Window shop ahead of time

Once you’ve made your list of must-have items, find out which retailers carry them in the sizes you will need. Don’t wait until the day of to start your search for the perfect gift. One of the perks of shopping online is that you can window show 24/7 so get to browsing so you don’t waste time later searching a site with great sales for everything but what you’re looking for.

Consumer Tip of the Day: Diversify Online Shopping Sources to Find Deals

Website finds that Amazon may not be saving you money all the time

A recent report from Savings.com reveals that Amazon doesn’t always have the lowest prices, therefore,…

By Sheiresa Ngo

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Nielsen Study: African American Income, Education Exceeds Expectations

Consumer Spending Slows Down in June

Overall consumption, however, remains positive

Slow declines in the unemployment rate resulted in hesitance among consumers.

By Sheiresa Ngo

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Consumer Tip of the Day: Couples, Learn to Live on One Income

You'll always be ready for a rainy day with this strategy

If you and your beau want to have a great nest egg, try this savings…

By Sheiresa Ngo

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Women Winning: Study Finds Female Entrepreneurs Optimistic and Growing

Bank study breaks down what makes entrepreneurs tick

Bank study breaks down what makes entrepreneurs tick and finds that women entrepreneurs optimistic and…

By Richard Spiropoulos

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GlobalTravelManHorizonComputer

Top 10 Cities with Highest Travel Taxes

Check out this list before you plan your next trip

Study took a look at the top 50 travel destinations for business travelers, however, these…

By Sheiresa Ngo

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Denied: Some College Students Can’t Access Federal Loans

Institute for College Access and Success finds many students of color affected

Recent study outlines the differences in loan access for each of the 50 states, broken…

By Sheiresa Ngo

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Filing Funds: How Taxes Affect Nonprofit Crowdfunding Campaigns

Funds raised for social campaigns may not be subject to taxes

If you’re a nonprofit raising funds via crowdfunding, you’ll want to know this vital information…

By Carolyn M. Brown

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(Image: Make It Right Foundation)

Brad Pitt To Build Low-Income Homes For Native American Families

Actor's 'Make It Right' group aiming to construct 20 homes for Sioux and Assiniboine tribes

Brad Pitt, the celebrated actor, has taken his nonprofit organization, Make It Right, to Native…

By Kevin L. Clark

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Banking Malware Discovered on Google Play

Mobile banking app attacked

Malware clones a bank’s original app and then uploads it the Google Play store.

By Sheiresa Ngo

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Consumer Tip of the Day: Automate Your Savings

Your daily money bite

Make an effort to save at least 10% of your paycheck. Here’s how.

By Sheiresa Ngo

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CFPB Enters Order Against ACE Cash Express

Payday lender gets fined

The lender has been accused of entangling borrowers in a vicious debt cycle.

By Sheiresa Ngo

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Inheritance Update: CFPB Clarifies Mortgage Rules

If property is passed down to you, here's how you can avoid problems

The Ability-to-Repay rule shields consumers from careless mortgage lending.

By Sheiresa Ngo

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Consumer Tip of the Day: Conduct a Financial Inventory

You must know where you are to get where you want to go financially

Be sure to take into account how you’re spending your money to ensure you’re on…

By Sheiresa Ngo

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Black Family

Top 10 Sizzling Real Estate Markets

Among fastest growth markets, California dominates the list

In some U.S. markets, it's better to own than rent (Image: ThinkStock)
Some people have no…

By Sheiresa Ngo

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Photo by Sheiresa Ngo

R&B Longevity: Boyz II Men Talk Brand Partnerships

Group details Wendy's campaign and forthcoming album, "Collide"

Business partnerships can bring fresh energy and build a brand’s value

By Sheiresa Ngo

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Top Worst States for Working Mothers

Did your state make the list?

National Partnership for Women and Families released its Expecting Better report details the worst states…

By Sheiresa Ngo

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Spirit Airlines Offers Free Miles to ‘Haters’

'Most complained about' company in industry welcomes more grievances seeking to clean up image

“Most complained about” in the industry, Spirit Airlines welcomes more hate with new promotion offering…

By Janell Hazelwood

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Apple Has a Secret iPhone Store

The location is not quite what you think

A new eBay store popped up that sells what seems to be refurbished products from…

By Patrick Austin

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Consumer Tip of the Day: Get Complaints Resolved via Social Media

You have options to have your grievances addressed

If you have grievances with a company’s services or products, social media may be your…

By Sheiresa Ngo

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Women of Power

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Mellody Hobson and Judy Smith to Speak at Black Enterprise Women of Power Summit

Leading female CEOs Mellody Hobson and Judy Smith will serves as keynote speakers at Black…

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Tara Fela-Durotoye (Image: File)

10 African Women of Power

From global ambassadors to young international leaders, these 10 African women have truly showcased what…

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