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Money > Consumer Affairs

Fraud-300x232

Financial Fraud Ring Uncovered

A nationwide fraud scheme was uncovered by an employee of Pennsylvania-based Widget Financial…

By Sheiresa Ngo

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black-woman-shopping

Consumer Confidence Reaches 9-Month High

Consumer confidence is looking up.
The University of Michigan says in its Survey of Consumers that…

By Sheiresa Ngo

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Student Loan Rates Expected to Rise

Brace yourself, student loan rates could be on the rise. Unfortunately, higher rates will…

By Sheiresa Ngo

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HomeownershipCoupleManWoman

The CFPB Proposes E-Closing Pilot Program

New program tries to take the stress out of closing

The CFPB report is part of its “Know Before You Owe” mortgage initiative

By Sheiresa Ngo

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student loan

Do You Have a Private Student Loan? Watch Out for “Auto Default”

The Consumer Financial Protection Bureau recently alerted consumers to the fact that some students are being placed in default

The Consumer Financial Protection Bureau highlighted problems that have arisen with private student loans that…

By Sheiresa Ngo

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ATM Keypad

Virtual Tellers Might Be Coming to a Bank Near You

This cutting-edge technology is being used more by financial institutions looking to reduce costs

The virtual tellers do have some limitations, however

By Sheiresa Ngo

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Wal-Mart

Walmart Offers New Money Transfer Service

Walmart continues to be the store where you can buy almost anything

The new service is called Walmart-2-Walmart

By Sheiresa Ngo

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Walt_Disney_World_Resort_entrance

Disney World Proposes Raising Wages to $10 an Hour

Walt Disney Co. made an offer to the unions representing employees at its Florida-based Disney World park

The proposed pay raise would apply to full-time hourly employees

By Sheiresa Ngo

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Personal Finance Author Manisha Thakor Talks About Women and Money

Money can be a touchy subject for some women. Words like “saving” and “investing” can be very…

By Jamarris Richardson-Mcfield

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Black-Unemployment

Jobless Rate Down in 21 States

The U.S. Bureau of Labor Statistics reports about 21 states had decreases in unemployment rates,…

By Sheiresa Ngo

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2.6 Million Cards Affected in Data Breach at Michaels Stores

Michaels Stores announced that approximately 2.6 million cards may have been affected in a security…

By Sheiresa Ngo

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(Image: Thinkstock)

Median Weekly Earnings of U.S. Workers on the Rise

(Image: Thinkstock)
Median weekly earnings of the 104.3 million full-time wage and salary workers in the…

By Sheiresa Ngo

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Fraud-300x232

Proposed Bill Could Make Retailers Liable for Data Breach

The impact of the recent Target data breach continues to be felt, as state lawmakers…

By Sheiresa Ngo

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email hacking

Better Business Bureau Warns Consumers of Fake USPS Emails

Your passwords, usernames, and financial information could become vulnerable

Chuck McGann,United States Postal Service Corporate Information Security Officer, offers these tips on how to…

By Sheiresa Ngo

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know-your-banker

Fake Credit Unions Steal Millions from Consumers

According to the complaint, it is alleged that Coughlin and Oxford International Credit Union collected more than $12.8 million dollars in deposits from more than 5,000 investors

From 2007 to 2009

By Sheiresa Ngo

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taxes

Social Security Stops Collecting on Old Taxpayer Debts

There is good news for those who owe outstanding tax debts. The Social Security Administration…

By Sheiresa Ngo

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Lease-Illustration-1-RGB-300x232

Harlem Tenants Fight Landlord Who Allegedly Won’t Make Repairs

What should you do if you're in a situation where your apartment really needs repairs, and you're not getting cooperation?

These Harlem tenants aren’t happy with their landlord

By Sheiresa Ngo

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car insurance

Do Age, Gender and Marital Status Matter When it Comes to Car Insurance Payments?

A new insuranceQuotes.com report has the answer

All drivers can pay less for car insurance, regardless of their gender, age or marital…

By Sheiresa Ngo

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Helping-Hand-620x480

How Can You Spend 1 Penny to Get Wal-Mart Workers off Food Stamps?

The Marketplace report says Walmart workers cost the government roughly $300 million a year in food-stamp costs

Would you pay extra to affect this social change?

By Sheiresa Ngo

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minimum wage

Maryland Passes Minimum Wage Raise, Raised to Over $10.00

In addition to tying the federal minimum wage to inflation, Congressional Democrats want to see an increase in the federal tipped minimum wage (it has been $2.13 since 1991)

The Maryland House of Delegates passed a bill that gradually will raise the state’s minimum…

By Sheiresa Ngo

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WellsFargo

Wells Fargo Introduces Interactive Tool for Parents and College Students

(Image: Thinkstock)
If you’re a parent or student preparing for college, Wells Fargo has a…

By Sheiresa Ngo

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be news

Toyota Recalls 6.39 Million Cars

Toyota says it is recalling 6.39 million cars worldwide due to five defects. Out…

By Sheiresa Ngo

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New Report: Small Businesses Creating Jobs, Giving Back and Growing Local Economy

U.S. Creates 192,000 Jobs in March

How is your job search going?

One significant turn of events is that private employers have regained all the jobs that…

By Sheiresa Ngo

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Helping-Hand-620x480

Alabama Restricts Welfare, Requires Drug Testing for Applicants

The state passes four bills that can put serious limitations on applicants

The four bills are awaiting the signature of Gov. Robert J. Bentley

By Sheiresa Ngo

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Financial Literacy Month: Five Tips for Financial Well-Being

(File)
Are you financially well? If you’re not, don’t feel bad. There are plenty of…

By Sheiresa Ngo

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(Image: Thinkstock)

Personal Finance Word of the Day: Consumer Confidence

The Bureau of Economic Analysis reported last week that consumer spending and income was on the rise in February

Despite all this good news, the University of Michigan and Thomson Reuters assert that consumer…

By Sheiresa Ngo

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Results of the 2014 NFCC Financial Literacy Survey

Each year, the National Foundation for Credit Counseling conducts a financial literacy survey.
This year’s survey…

By Sheiresa Ngo

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(File)

How You Can Celebrate Financial Literacy Month

Learn a lot about financial terms and how to handle your money

There are plenty of free financial literacy tools you can take advantage of

By Sheiresa Ngo

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What Young Adults Think of the Affordable Care Act

The Black Youth Project conducted a survey to find out how American youth feel about…

By Sheiresa Ngo

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What Business Owners Should Know about the Affordable Care Act

Know the difference between being self-employed and an employer. Before applying for coverage, know that…

By Sheiresa Ngo

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(Image: Healthcare.gov)

What Consumers Should Know about the Affordable Care Act

(Image: Healthcare.gov)
Today is the last day to enroll for affordable health care through the market…

By Sheiresa Ngo

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Woman-on-phone

Fandango and Credit Karma Settle FTC Charges of Consumer Deception

Both Fandango and Credit Karma settled Federal Trade Commission charges that they misrepresented the security…

By Sheiresa Ngo

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economy-rising

Consumer Spending and Personal Income Rise

There is more good news for consumers this month.
Personal income increased $47.7 billion, or 0.3%,…

By Sheiresa Ngo

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citigroup

Personal Finance Word of the Day: Stress Test

Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress test. Also known…

By Sheiresa Ngo

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car insurance

Minor Violations Can Cause Car Insurance Costs to Spike

Be careful on the road or your bank account could crash

A violation for driving under the influence (DUI) is the most expensive to your car…

By Sheiresa Ngo

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The company formerly known as Research in Motion makes big announcement, unveiling a new operating system and new devices (Image: BlackBerry)

BlackBerry, Red Lobster, and Four Other Big Brands That Could Go Out of Business

Six companies in dire need of reshaping their business models

Did you ever think these brands would close their doors?

By Carolyn M. Brown

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(Image: Healthcare.gov)

Consumers Allowed More Time for Health Care Enrollment

(Image: Healthcare.gov)
If you think you might not be able to meet the March 31 deadline…

By Sheiresa Ngo

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Personal Finance Word of the Day: Frugal Fatigue

Are you tired of being frugal and want to spend a little?

Frugal fatigue happens when consumers get tired of pinching pennies and delaying gratification

By Sheiresa Ngo

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Personal Finance Word of the Day: Ponzi Scheme [Video]

Bernie Madoff made this word as famous as it has ever been

The U.S. Securities and Exchange Commission defines a Ponzi scheme as an investment fraud

By Sheiresa Ngo

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Personal Finance Word of the Day: Identity Theft [Video]

Have you ever been the victim of identity theft?

Identity theft can be committed in several ways

By Sheiresa Ngo

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Identity Theft Listed as Top FTC Consumer Complain in 2013

Fraud and identity theft combined for almost 70% of complaints last year

More than half of the complaints were fraud based

By Sheiresa Ngo

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Cash Mobs Support Small Businesses

Tennessee Ranks No 1 With Highest State-Local Sales Tax, Hurting Local Businesses

Higher taxes drive consumers to shop online, says report

Arkansas has the second highest state-local sales tax rate of all 50 states at 9.19%

By Carolyn M. Brown

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prepaid cards marketed to small businesses

Consumer Financial Protection Bureau to Update Prepaid Card Disclosures

It will be easier to understand fees

The Consumer Financial Protection Bureau announced yesterday that it is working on new disclosures that…

By Sheiresa Ngo

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Be honest in your financial dealings. “Dishonest money dwindles away, but he who gathers money little by little makes it grow.”     —Proverbs 13:11

Watch Out for Malaysia Airline Scams on Facebook

Don't fall for scammers' tricks

If you see a post in your Facebook feed with a video claiming the…

By Sheiresa Ngo

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Image: ThinkStock

Personal Finance Word of the Day: FINRA

Your daily money bite

Word of the day: FINRA
FINRA, which stands for Financial Industry Regulatory Authority, is a regulatory…

By Sheiresa Ngo

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extra money

An Analysis of Money Laundering [Infographic]

Don't even think about taking dirty money

Chances are you’ve heard of money laundering, but do you really know what it is…

By Sheiresa Ngo

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internet_1

Website Mistakes that Cost You Money [Infographic]

Don't make these blunders

If you’ve been trying to cut corners when it comes to your business website, you…

By Sheiresa Ngo

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extra money

Don’t Get Hustled In Your Search for a Good Side-Hustle

Looking for a free, easy, fast way to get money? Then scam artists and other predators are looking for YOU

Know the signs of a bogus business or work-at-home opportunity

By Alfred Edmond, Jr.

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black-woman-shopper-300x232.jpg

National Consumer Protection Week Starts Now [Infographic]

This week is National Consumer Protection Week (March 2 to 8)

What will you be doing this week?

By Sheiresa Ngo

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WhatsApp-Logo

WhatsApp Sales Means Major Payday for Employees

Employees to receive close to 1% share of company

One of the major headlines following the announcement of the purchase of WhatsApp by Facebook…

By Sasha King

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10 money moves - savings_crop

Personal Income Slightly Rises in January

Private wages and salaries increased $14.8 billion, amongst other areas

Government wages and salaries increased $0.6 billion, compared with an increase of $1.3 billion in…

By Sheiresa Ngo

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Should You Do a Crowdfunding Campaign?

Where to Go to Crowdfund Your College Tuition

Students think like entrepreneurs to meet school expenses

The average cost of tuition, fees, and room and board at a private, nonprofit, four-year…

By Sheiresa Ngo

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healthcare story

The White House Emphasizes the Importance of Enrollment in Affordable Health Care

Millions will have access to coverage

Nearly 6.8 million African Americans in the United States are uninsured

By Sheiresa Ngo

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BankruptcyCourt

Personal Finance Word of the Day: Automatic Stay

Your daily money bite

Learn what an automatic stay is

By Sheiresa Ngo

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Infographic: Two-Income Households Struggle More Than Single Income Ones?

Two incomes aren't necessarily better

Research shows two incomes aren’t necessarily better

By Sheiresa Ngo

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creditscore

Five Factors That Affect Your Credit Score

A guide to boosting your number

How high or low is your credit score?

By Sheiresa Ngo

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Do Men Still Earn More than Women? [Infographic]

A recent study answers the question

If you’re a woman, most times you can expect a smaller paycheck than your male…

By Sheiresa Ngo

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money-fans-122312-575hc

8 Ways to Fight Drip Pricing

Here’s what you need to do to protect yourself

Check your credit card statements for additional fees

By Sheiresa Ngo

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8. Barter services. If you have a friend who’s a genius when it comes to accounting, or you know someone who is an amazing artist, barter with them for their services. The more you can get for free, the faster you can grow your business. You don’t need big time capital (unless you’re building the next Facebook).Most business ,like my own, start from nothing. I had a word processor and my parents’ phone line. I bartered a lot early on, and as a result, I own 100% of my business today.

New Trading Service for Consumers

Website allows trading of goods and services through your social network

Igobono is a marketplace that helps members of a social network learn what their friends…

By Sheiresa Ngo

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(Image: Thinkstock)

Personal Finance Word of the Day: Absorption Rate

Your daily money bite

The final result will show how many months it will take to deplete the market’s…

By Sheiresa Ngo

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Tips for Getting Your Direct Mail Marketing Letters Read

Personal Finance Word of the Day: COB Fraud

Have you ever been a victim?

Do you know what this is?

By Sheiresa Ngo

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Shred, don’t toss, important papers.  Any sensitive documents that won’t be going with you should be shred, not just thrown into a trashcan. Identity thieves often go “dumpster diving” to find information or get paperwork they can use to illegally open accounts in your name.

Personal Finance Word of the Day: Data Breach

Your daily money bite

A data breach does not have to be digital

By Sheiresa Ngo

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money

Consumers Show Gains in Personal Income

Small improvements take place

Consumers demonstrate small improvements when it comes to personal income

By Sheiresa Ngo

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black-woman-shopping

Tips for Keeping Shopping Under Control

Regain control over your cash

Close your wallet

By Sheiresa Ngo

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Life Insurance 101: The Dos and Dont’s of Buying Life Insurance

Learn about the different types of life insurance

There are different types of permanent life insurance. All of them have a death benefit,…

By Tamara E. Holmes

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woman-on-computer-phone-300x232

U.S. Workers Lose Hope for Higher Wages and Job Security

Don't hold your breath when it comes to improvements on the job

Have you gotten a raise lately or feel insecure about your job status?

By Sheiresa Ngo

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man screaming at cell phone

Apple Inc. to Pay More Than $32 Million in Refunds

Billing practices to change

Parents were unaware of charges

By Sheiresa Ngo

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Number of People seeking Unemployment drops to 2008 levels

Jobless Claims Dip to Pre-Thanksgiving Levels

U.S. applications for benefits show a decline

Initial jobless claims went down by 2,000 to 326,000 in the week ending Jan. 11.…

By Sheiresa Ngo

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identity theft

More Customers Affected By Target Data Breach

Retailer revises numbers to show a lot more customers were affected than originally thought

Make sure you check—and then double-check–your account statements

By Sheiresa Ngo

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credit-card-use

4 Reasons to Ditch Department Store Cards Right Now

Don’t let the promise of rewards points keep you in debt

Why department store cards are a dead end

By Patrice C. Washington

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Swap your gift cards and get things you'll actually want.

How to Replace a Lost or Stolen Gift Card

Don’t panic if your gift card goes missing

If you can prove you purchased a gift card, or received one as a present,…

By Sheiresa Ngo

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The type of plastic you use matters

Don’t Make These Holiday Credit Mistakes

Don’t let these blunders ruin your holiday

Pay very close attention to the fine print and exercise self-control

By Sheiresa Ngo

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irs

IRS Announces 2014 Standard Mileage Rates for Business, Medical and Moving

Updates for the new year

Updated rates are coming for the costs of operating an automobile for business, charitable, medical…

By Sheiresa Ngo

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woman-computer-internet

FTC Updates Online Complaint Site

Changes are coming to FTC complaint features

The FTC has redesigned its online Complaint Assistant

By Sheiresa Ngo

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Personal Income and Savings Rate Dip, Report Says

Consumers show slight declines

The Bureau of Economic Analysis reports a slight drop in savings and income

By Sheiresa Ngo

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Empty-Wallet-300x232

Is Money “Dripping” From Your Wallet Because of Drip Pricing?

Beware of hidden fees

Avoid getting hit with fees that weren’t in the original price quote

By Tory Parrish

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feeding america

How to Give the Gift of Meals This Holiday Season

For 1 in 6 Americans, hunger is an everyday challenge. Here's how you can help

Just $28 can feed a family for three weeks

By Darren Sands

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Using Criminal Background Checks in Small Businesses

FTC Cracks Down on Phantom Lender

Company accused of collecting on fake loans gets its due

The FTC requested a U.S. court to shut down a fake lender

By Sheiresa Ngo

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cyber monday

9 Steps To Protect Yourself From Crooks on Cyber Monday

Don't get ripped off while holiday shopping online

Be careful where you input your information

By Alfred Edmond, Jr.

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Black-Friday-Shopping

Walmart Announces Even Earlier Black Friday Sales

To get great deals, you might have to eat Thanksgiving dinner on the go

The store announced that it will have two major sales events

By Sheiresa Ngo

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single-black-women-debt-bankruptcy

Consumer Financial Protection Bureau Prepares to Crack Down on Debt Collectors

New rules may be on the horizon

The CFPB complaint database has more than 155,000 complaints on several financial consumer issues

By Sheiresa Ngo

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holiday-gifts-300x232

Best Times to Buy Holiday Gifts [Infographic]

Learn when to make purchases so you can save more of your cash

This handy infographic from Savings.com lists the best times to purchase your holiday gifts

By Sheiresa Ngo

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MoneyandHealth

Treasury Modifies “Use-or-Lose” Rule for Health Flexible Spending Accounts

Plan participants get to hold on to some of their money

The U.S. Department of the Treasury and the IRS will adjust the “use-or-lose” rule attached…

By Sheiresa Ngo

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coupons

Top Expert Tips on How to Save With Coupons

Savings and coupon advice from money expert Sami Cone

You’ll never know how much you can save until you realize how much you’re spending

By Sheiresa Ngo

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WomanComputerCity

Google Helps Consumers Prepare for Digital Afterlife

New feature helps you plan for the future

Users of Google can entrust account information to family or friends or have the account…

By Alanna Hunter

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fast food workers strike

Fast Food Workers in US Struggle With Low Wages

Wage hikes go unheard as fast food workers receive federal assistance.

Although the fast food industry brings in billions of dollars a year, full-time workers get…

By Sasha King

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Patrice-J-Williams-new-300x232

How to Get the Best Deals on Fall Shopping

Tips from shopping expert Patrice J. Williams

Now that Fall is here, it’s time to pack away your pastels and break out…

By Jamarris Richardson-Mcfield

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Grad-cap-money-620x480

High School Students Receive $1,000 Prize from Wells Fargo

Bank awards cash prizes to winners of their CollegeSTEPS® sweepstakes.

 

Wells Fargo is presenting $1,000 checks to 520 high school students who won …

By Sheiresa Ngo

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(Image: Thinkstock)

The Financial Benefits of a College Degree [Infographic]

A college degree could mean more money and lower unemployment

Benefits of getting higher education are highlighted in this infographic

By Sheiresa Ngo

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MONEY

How I Became a ‘Couponer’

Savings and coupon advice from money expert Kasey Trenum.

Black Enterprise got some juicy coupon tips from Kasey Trenum, Savings.com DealPro and co-founder of…

By Sheiresa Ngo

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coupons

The Surprising Benefits of Coupons

Savings.com editor Susan Yoo-Lee shares results of the 2013 ValPak Readership Survey

National Coupon Month ended last week, but that doesn’t mean the fun has to stop.…

By Sheiresa Ngo

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(Image: Thinkstock)

Loophole Permits Loans at Non-U.S. Accredited Schools

U.S. taxpayers held responsible for loans made overseas

Why are we responsible for this?

By Sheiresa Ngo

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MoneyandHealth

Majority of Workers Lack Information Needed for Informed Health Coverage Decisions

Small businesses are the least likely to offer health care benefits to employees

With an implementation of the Affordable Care Act (ACA) just days away, many workers and…

By C. Daniel Baker

Posted: Tags:
HOW TO START AN EMPLOYEE WELLNESS PROGRAM

Putting Patients in Charge of Their Health

New electronic health records system gives control to patients.

Obtaining a copy of your medical records can be a hassle.

By Sheiresa Ngo

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Healthcare-job

Why Hospitals Taking Health Care Digital is Important

CEO Ryan Howard talks about the importance of electronic health records.

Many medical facilities are in the process of making the switch to electronic health records.…

By Sheiresa Ngo

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Business Continuity Tips Discussed at Free Webinar Hosted by SBA and Agility Recovery

More Help for Those Focused on Fixing Their Finances

The Sharpen Your Financial Focus initiative is a great new resource to help you to gain financial freedom and build wealth for life.

Sharpen Your Financial Focus is a comprehensive effort to help you move toward financial stability.…

By Alfred Edmond, Jr.

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Saving on the fly is like not saving at all. The best savers are serious about financial planning.

Learn How to Plan More and Save More Money

Those who make a plan for their money save more cash.

Do you want to save more money? A recent survey shows that if you want…

By Sheiresa Ngo

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black-woman-shopping

The 5 Best Bargains for the Fall Months

Tips for getting seasonal deals

Fall is the best time to look around your home, assess your needs, and try…

By Jennifer Streaks

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know-your-banker

Congressional Black Caucus Foundation to Help Strengthen Black Banks

Five lending institutions to receive $1 million each

The Congressional Black Caucus Foundation, Inc. announced that it will deposit a total of $5…

By Alan Hughes

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money-fans-122312-575hc

Payday Lender Stopped by U.S. Courts and Federal Trade Commission

An alleged shady loan broker is halted in its tracks.

A U.S. district court has stopped an online payday lender that was suspected of using…

By Sheiresa Ngo

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(Image: Thinkstock)

Consumer Financial Protection Bureau Amends Mortgage Rule

Changes might be on the horizon.

The Consumer Financial Protection Bureau issued amendments and clarifications to its mortgage rules

By Sheiresa Ngo

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iPhone - Featured

How to Keep Your Digital Wallet Safe

Here’s how to protect your money from would-be thieves.

If you pay for items using a digital wallet, security concerns are likely to be…

By Tamara E. Holmes

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coupons

Celebrate National Coupon Month

Ways to coupon effectively.

This September, coupon with a purpose.

By Sheiresa Ngo

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economy-rising

Economists Have a Positive Outlook for 2014

Experts predict next year will yield economic growth.

Economists predict that in the second quarter of next year, there will be 3% growth.

By Sheiresa Ngo

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Oil-rig-300x232

Expect Higher Prices at the Pump

Possible Syrian conflict expected to drive up gasoline prices

According to MarketWatch, the average national price for a gallon of regular gasoline stood at…

By Alan Hughes

Posted: Tags:
Soldier-of-Finance

‘Soldier of Finance’ Book Supplies You With Marching Orders on Your Finances

Review of certified financial planner Jeff Rose's new book, "Soldier of Finance"

If you feel out of control when it comes to your finances, a few simple…

By Candace Myers

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social-security-card

You Lost Your Social Security Card. Now What?

Tips for replacing a lost card.

Here’s what to do if your Social Security card is lost or stolen.

By Sheiresa Ngo

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Free-Shipping-LG

Don’t Allow ‘Free’ Online Offers to Make You ‘Go Broke’

If you really want to control your spending, recognize that there is no such thing as something for nothing, no matter what marketers say.

There is no such thing as something for nothing, no matter what marketers say.

By Alfred Edmond, Jr.

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10 CyberSecurity Tips for Small Business

Protect Yourself from Medical Identity Theft

Tips for keeping your health information away from thieves.

If you have health insurance, you could become a victim of medical identity theft.

By Sheiresa Ngo

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how-to-avoid-traffic-jams-35319_2

More Americans to Travel This Labor Day Weekend

Improving economic indicators are expected to fuel US travel spending

The study looks at a variety of factors and how they impact travel.

By Alan Hughes

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Image: Thinkstock

Tax Breaks for Going Back to School

Get financial perks for hitting the books.

Tax breaks are a great way to reduce educational costs.

By Sheiresa Ngo

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back-to-school-shopping

4 Quick Tips for Saving Money on Back-to-School Shopping

Keep more cash in your pocket

Summer will soon draw to a close, and kids will be back on the school…

By Sheiresa Ngo

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A_timeshare2

Tips for Avoiding Timeshare Resale Scams

Anxious to sell? Don’t get taken for a ride.

Fraudsters have been using the dip in the economy as an opportunity to prey on…

By Sheiresa Ngo

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McDonald's CEO Don Thompson told Bloomberg that McDonald's pays above the minimum wage and will continue to provide entry-level jobs.

Frustrated U.S. Fast Food Workers to Strike for Higher Wages

McDonald's CEO comments on worker pay

U.S. fast food workers to strike for better pay.

By Darren Sands

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No Gas Cheap Gas Small Business Thrive Bike NYC

Price of Gas Could Soar to $4 Per Gallon, Analysts Say

Hike partially due to unrest in the Middle East

Only Hawaii and Alaska reportedly had prices higher than Calif.

By Darren Sands

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Help, I’m in Love With a Shopaholic!

When it's time to admit the person you love has a problem

When finances are out of order, life can become a nightmare.

By Kenny Pugh

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be news

Will It Be More Expensive to Throw Your 4th of July Barbecue? Probably, Analysts Say

Costs of food, meats in particular, have risen in past months

Sales show that consumers are gravitating more and more to items like pork, which carry…

By Darren Sands

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Robert L. Johnson And Dr. DeForest B. Soaries, Jr. Announce Alliance To End Payday Lending, Lower Minority Consumer Debt, And Promote Financial Education

Robert Johnson Announces Alliance to End Payday Lending

12 million Americans turn to payday loans annually when faced with financial challenges

Alliance looks to help minorities pay down debt, increase savings, and break the cycle of…

By C. Daniel Baker

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Health Care Costs Expected to Rise in 2014, Study Says

Costs continue to exceed wages, expert says

Health care costs expected to coincide with the Affordable Care Act are expected to rise…

By Darren Sands

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NWBC As Key Resource to Women Veteran Entrepreneurs

7 Things to Ask Yourself Before Donating to a Crowdfunding Campaign

Helping someone realize their dreams shouldn't come before goals of your own

(Image: Thinkstock)
Hey Frugs! Nowadays, it seems like every person has a project that he…

By Natalie P. McNeal

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Caskets like these can be more expensive than families think, causing financial issues for already grieve-stricken family members.

How to Keep Funeral Expenses Down

Just because you're mourning doesn't mean you shouldn't think clearly about your finances

Even sadder is that experts say funerals are high time for old family spats over…

By Darren Sands

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Should Tipping Be Banned? An Expert Says Yes

Questioning a normally unquestioned practice

A study shows that in countries where tipping is prominent, there is also high corruption…

By Darren Sands

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Some Religious Items Have an Afterlife at Pawn Shops

Why do some religious items have value right now?

Did you know religious pieces had so much value at pawn shops?

By Darren Sands

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college financing

Don’t Let Future Costs of College Deter Your Saving

Save now, worry later

Knotts says parents should stretch their savings, save smart and be realistic about their goals.…

By Darren Sands

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National Urban League CEO Marc Morial discuss the results of the latest African American Financial Experience Survey results with CNN's Soledad O'Brien (Image: Alfred Edmond Jr.)

New Study Focuses On Financial Priorities, Challenges of Black America

Prudential Financial reveals the results of its 2013-2014 "African American Financial Experience" study

The 2013-2014 African American Financial Experience study is out. Commissioned by Prudential Financial, this is…

By Alfred Edmond, Jr.

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financial literacy

Women and the Financial Know How Gap [Study]

Women seemed to know just as much of the fundamentals as men

Literacy differences between men and women has been overstated, experts say.

By Aaron Morrison

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black-couple-finances

10 Ways Men and Women Spend Money Differently

The Frugalista on the many differences in financial attitudes, behaviors of men and women

Men and women are on both sides of the spectrum when it comes to spending.

By Natalie P. McNeal

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oakwood university

The Home Depot Awards HBCU Oakwood University With $50,000 Makeover

Black colleges benefit from the company’s campus-improvement program

The Home Depot responded to HBCUs in need through a campus-improvement grant program called Retool…

By Sheiresa Ngo

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naacp-woman-african-american

Blacks Optimistic About Economy, Pessimistic About Retirement Savings

Investors move retirement to back-burner to focus on daily expenses

African American investors are optimistic about the political and economic future of the country.

By Carolyn M. Brown

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moving-day22

4 Ways to Avoid a Moving Scam

Protect yourself when making a move

Excited about getting the keys to your new place? Before you move, learn how to…

By Sheiresa Ngo

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scam

Know the Signs of Telemarketing Fraud

Be aware of thieves looking to take advantage of you.

Telemarketing scams are everywhere…watch out!

By Sheiresa Ngo

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Obama Returns Portion of Pay to Show Solidarity with Workers

For Financial Capability Month, CFTC Resources Help Crack Down on Fraud

Commissioner says agency will investigate trades after controversial tweets

Obama administration maintains its quest for transparency at the federal level.

By Darren Sands

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credit-cards-rates

Best Travel Credit Cards for 2013 Come in All Shapes and Sizes

Do you know what card is right for you?

Figuring out which card you need could save you hundreds — even thousands.

By Darren Sands

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black student college loans

College Loan Interest Rates to Double by July

If Congress doesn't budge from standoff, student loans will double in interest.

Student loan interest rates will double from 3.4 percent to 6.8 percent by July 1.

By Gerren Keith Gaynor

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identity theft

Stop Thieves From Digging Up The Identities of the Dead

How to guard your deceased loved one's identity from modern-day grave robbers.

Last year the identities of almost 2.5 million deceased American were used to fraudulently open…

By Alfred Edmond, Jr.

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Small Businesses Favor Minimum Wage Increase says National Poll

Staggering Number of College Graduates Working on Minimum Wage

Over 280,000 college graduates are working minimum wage jobs.

Nearly one in five American households are burdened with college debt.

By Gerren Keith Gaynor

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a_past due22

6 Things Debt Collectors Can and Can’t Do

Consumer Financial Protection Bureau includes debt-collection guidelines in annual report.

The Consumer Financial Protection Bureau released its annual report outlining how it has worked to…

By Sheiresa Ngo

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MONEY

The Truth About Emergency Savings Funds

Tips for saving on any budget

All budgets are not created equal. Here are practical tips for saving in the real…

By Ashley R. Harris

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hbcu

HBCUs Clash With Obama Administration Over Financial Aid

New financial aid policies make it more difficult for parents of color to borrow.

HBCU officials say they were not given a notice of the changed loan standard.

By Gerren Keith Gaynor

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(Image: Thinkstock)

5 Money-Saving Skincare Tips For Your Budget

Smart spending and planning can help your skin rebound, our expert says

Being smart about your skincare doesn’t mean you have to break the bank.

By Dr. Michelle Henry

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JC Penney CEO Ron Johnson.

JCPenney’s Effort to Go Big and Avoid Bankruptcy

Retail chains have had to adjust, some have survived, some have perished. Where will JCPenney fall?

Is the future in jeopardy?

By Ashley R. Harris

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States Cut Spending, and Tuition at Public Universities Rise

Costs are skyrocketing at the state level

Students are left in a serious quandary as states slash budgets to make room for…

By Ashley R. Harris

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Cash Mobs Support Small Businesses

Online Banks: Too Good to be True?

Online Banking isn't quite what it used to be

A few things to consider before opening an account in 2013

By Ashley R. Harris

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A Woman’s Crusade For Financial Education Helps Veterans Succeed

One woman's crusade to get military members in better financial shape.

Shay Tull-Cook helps veterans and active service members with their finances.

By Sheiresa Ngo

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WomanComputerCity

Are Americans Taking on More Debt?

Increased confidence in the economy spurring more risk from Americans, but is it too soon?

One of the biggest indicators is the consistently improving housing market, which is picking up…

By Ashley R. Harris

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creditscore

Disputing Errors on Your Credit Report

Inaccuracies exist in millions of credit reports

The National Foundation for Credit Counseling has some tips for how to correct errors in…

By Natalie P. McNeal

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capitol_hill-300x232

Tax Cuts Will Leave Lasting Impact on Higher Education

The Pell Grant will be unaffected, but other areas of higher education will feel the sequester

HIgher education may become even more unattainable for some

By Ashley R. Harris

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capitol_hill-300x232

U.S. Recovery Boosting Profits, Not Putting Americans Back to Work

Companies are turning profits, but avoiding hiring

Currently, the Dow Jones industrial average is nearing a record high resulting in a period…

By Ashley R. Harris

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Eating clean may mean you have to stay away from soul food.

Tips for Eating Clean on a Budget

Buying healthy can be costly, use these tips to curb the expense

Eating clean can pay off large dividends in the long run.

By Ashley R. Harris

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(Image: Groupon)

Andrew Mason, CEO and Founder of Groupon, Is Out

The board decided on Thursday

Andrew Mason is out as Groupon’s CEO.

By Darren Sands

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Women of Power

(Image: ColoredGirlConfidential.com)

Quality Connections: How to Use Social Media to Advance Your Professional Brand

Black Enterprise Women of Power Summit panelist LC Johnson teaches women how to brand themselves…

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(Image: File)

Legacy Award Honoree: How Charlayne Hunter-Gault Helped Desegregate Schools

Legacy Award recipient and journalist Charlayne Hunter-Gault was one of the first blacks to desegregate…

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