November 27, 2014 1:21 PM • Log InREGISTER
HOT TOPICS:
What the European Debt Crisis Means for Your Investments Even Millionaires Have Budgets. Two Reasons You Should, Too Joe Frazier Decoded: The People’s Champion Remembered College Scholarships for Students in High School, Middle School and Kindergarten (Yes, Kindergarten!) 75 Most Powerful Blacks on Wall Street Attention Layaway Shoppers: 8 Tips to Know Before Using Layaway Don’t Blame Minority Homeowners for the Housing Crisis 5 Common Money Mistakes Middle Ground Make Your Mortgage Affordable Finding Common Ground How to Use Coupons for Big Savings Recovering From Bank Fraud 5 Scary Financial Scams That Can Wreck Your Budget Well Past Halloween Ask the Money Coach: Resources to Help Teach Your Kids About Financial Literacy Understanding Obama’s Student Loan Debt Plan: Will It Help You? Ask the Money Coach: 7 Ways to Survive Your Child’s College Costs Bill Cosby Decoded: A Family-Friendly Brand How to Benefit from Making Home Affordable Refinance Program Don’t Let the Debt Downgrade Scare You The DOs and DON’Ts of Charitable Giving Stocks That Pay Dividends Cain Vs. Obama: A Comparison of Economic Issues Is Your Home an ‘Asset’ or a ‘Liability?’ Too Young to Think About Retirement? Think Again! Ask the Money Coach: 5 Steps to Take When a Relative Ruins Your Credit Ask the Money Coach: 5 Ways to Earn More Cash Before Year’s End How to Dump a Vacation Timeshare You Don’t Want When a Relative Dies and You Can’t Afford the Funeral David Banner’s 4 Money Management Lessons for Black America The Truth About ‘No Cost’ Loans from Home Lenders What Will a Strategic Default Do to Your Credit Score? Don’t Let Your Car Note Drive You Crazy LL Cool J Decoded: The Greatest Brand of All Time 3 Reasons You Should Consider Buying Identity Theft Insurance 3 Easy Steps To Check Out a Debt Collector 9 Most Irritating Bank Fees and What to Do About Them 7 Excuses That Are Delaying Your Retirement How To Get the Best Credit Card Deal WATCH: Finance Expert Ryan Mack Sounds Off on Occupy Wall Street What to Do if a Debt Collector Tries to Sue You What You Should Know About Credit Card Hardship Plans Portfolio Protection Getting a Break for Funding Your Kid’s Education Credit Counseling Myths and Reality How to Make the Most Out of Groupon and Daily Deal Sites Eddie Murphy Decoded: Road to the Riches & the Oscars 3 Huge Problems with Student Loan Debt How To Get A+ Credit Property Ladder Living Solo in the Big City 3 Mistakes Singles Make with Their Money How to Negotiate a Better Financial Aid Package Tackling a Prosperous Retirement Digging Out of Debt 3 Signs Your Man is Bad with Money 4 Tax Breaks for College Students How To Have “The Talk” With Your Teen 5 Financial Steps to Take When a Parent or Loved One is Dying How to Handle Your Beau Being Broke 6 Tips for Decreasing Student Loan Debt Post Grad Watch Out For Business Credit Cards The Lending Score You’ve Never Heard Of Experience Required Inflation-Proof Your Portfolio Relearning the Value of a Dollar 6 Signs Your Extreme Couponing Has Gotten Too Extreme 7 Ways to Save on College Textbooks and Supplies 6 Ways to Save Big on Back-to-School Shopping How to Create a Solid Financial Back-Up Plan Sick And Tired Of Your Money Problems? Try Hill Harper’s ‘Wealth Cure’ The Right Way to Use Coupons for Big Savings Your Cheat Sheet: A Quick Guide to Student Loans for College Get it Together, Diva: Plans B, C, and D are Always a Good Look Lessons in Money Management from My Mom 5 Signs of a Foreclosure Rescue Scam Steve Harvey Decoded: A Brand Suited for Success 5 Ways To Upgrade Your Investments As Nation Deals With Debt Downgrade Nightlife: How to Budget When Out on the Town How Obama and the Democrats Dropped the Ball…Again 7 Signs the Person You’re Dating is a Bad Investment What to Do If Retirement is No Longer an Option 11 Ways to Save Money on Your Wedding Day Stop Burning Cash! It’s A Small (Cap) World 3 Ways to Get Your Warranty Extended for Free Facebook to Offer Consumer Deals Home for Rent Overcoming Life’s Debt Why Trading Commodities Isn’t a Get-Rich-Quick Scheme What to Buy in July Blending Families and Finances How To Close The Wealth Gap: Step 1 5 Ways You Can Prepare For Debt Default Poll: Do You Plan to Support Your Adult Children? Preparing for the Marathon To Rebuild Our Wealth What You Need to Know about Co-signing on a Loan Moving Soon? Be Careful Thieves Don’t Move with Your Identity When Your Household Finances Fall Apart 10 Most Expensive Divorces for Black Celebrities Will the Consumer Financial Protection Bureau Do Any Good? Beware of Cross-selling Tactics The Truth About Bankruptcy: Why All Your Debts WON’T Go Away Decoding Barack Obama’s Social Media Campaign Strategies New Law Helps Minority and Women Contractors Land Big Deals 6 Steps to Take If a Debt Collector Tries to Sue You How to Get the Most For Your Dollar When Traveling Abroad How to Score a Summer Vacation Deal! 5 Situations When It’s OK to Close a Credit Card 4 Circumstances That Qualify You for a Free Credit Report Money in the Bank Take Your Kids To Money School! Watch Out for Interest Rate Reduction Scams Knowing When to Sell a Stock Breaking the Cycle 9 Essential Tips Every Investor Should Know Precautionary Measures Rental Payments Will Count Toward Credit History Michael Jackson: Decoding the Brand Power of a Black Music Legend 7 Money Lessons Teens Learned from the Recession Would You Use a Coupon on a Date? Financial Advice for 2011 College Graduates (Beyond ‘Get a Job!’) Why a Good Credit Score Isn’t Enough 7 Simple Facts About Saving Money 5 Ways to Protect Your Mail from Identity Theft Consumer Alert: Watch out for Tax-Related ID Theft 4 Financial Questions You Should Ask Before (Or Early Into) Marriage 10 Lowest-Paying College Degrees for African Americans How to Negotiate the Best Deal on a Home A Savings Lesson Well Learned What to Buy in May Family-Friendly Tool A Fun Way to Track College Savings Can the Stock Market Rally Continue? How to Buy Like Buffett MoneyTips for New College Grads Life on “The Street” Playing Catch-Up 6 Common Lies Debt Collectors Will Tell You How Not to Get Scammed by Movers 3 Mobile Apps That’ll Help You Find the Cheapest Gas Prices Oprah Winfrey Decoded: Makings of a Multimedia Master Business Credit Cards Might Put Your Personal Credit at Risk LeBron James Decoded: A Slam Dunk Brand Arnold Schwarzenegger & 5 Men Whose Finances Were Impacted by a Sex Scandal End of the World Checklist: Do You Have Your Financial House in Order? Pay Your Bills…With a Gift Card 4 Tips to Keep Your HUD Home Out of Foreclosure 5 Tips on How to Handle Sudden Wealth Will Bankruptcy Stop Tupac’s Biopic from Hitting the Screen?

Money

(Image: ThinkStock)

What the European Debt Crisis Means for Your Investments

Market volatility is here to stay. Don't panic—adjust your portfolio and look for opportunities

In today’s tumultuous investment environment, what should you do as an investor? Follow our advice…

By Derek T. Dingle

Posted: Tags: , , , , , , , , , , , , , , , , , ,
millionaire-budget-300x232

Even Millionaires Have Budgets. Two Reasons You Should, Too

Two rules to help you create a successful budget

No matter how you configure your budget, the money coach Lynnette Khalfani-Cox says to have…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
After a long fought battle with liver cancer, boxing great Joe Frazier passed away this past Monday, November 7, 2011 at the age of 67. While his name is often tied to flamboyant fighter Muhammad Ali, who he fought in three memorable bouts, Frazier built his reputation on his own blood, sweat and tears. The Beaufort, South Carolina native pulled himself up out of poverty to be one of the sport’s top fighters (32-4-1). In the wake of his passing, BlackEnterprise.com takes a look back at the many milestones in Smokin’ Joe Frazier’s life both in and out the ring. —Anslem Samuel

Joe Frazier Decoded: The People’s Champion Remembered

More than Muhammad Ali's rival, Smokin' Joe Frazier was a working class hero in and out the ring

In the wake of the death of Joe Frazier, boxing fans reflect on his legacy…

By Anslem Samuel

Posted: Tags: , , , , , , , , , , , , , , , , , , ,
Image: Thinkstock

College Scholarships for Students in High School, Middle School and Kindergarten (Yes, Kindergarten!)

From newborns on up to adult children in graduate school, learn about resources available to pay for higher education expenses

From newborns on up to adult children in graduate school, learn about all the resources…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
OCTOBER COVER 2011-crop

75 Most Powerful Blacks on Wall Street

Saying there’s been a bit of change in the world of finance since Black Enterprise…

By Alan Hughes

Posted: Tags: , ,
black-woman-shopper-300x232.jpg

Attention Layaway Shoppers: 8 Tips to Know Before Using Layaway

Why you need read the fine print before committing to that purchase

Money coach Lynnette Khalfani-Cox tells what you need to know before you commit to putting…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
black-man-homeowner-300x232

Don’t Blame Minority Homeowners for the Housing Crisis

Real estate expert Ingrid Beckles says contrary to some opinion, minority and low-income homeowners are not to blame for the housing crisis

Real estate expert Ingrid Beckles says contrary to some opinion, minority and low-income homeowners are…

By Ingrid Beckles

Posted: Tags: , , , , ,
Zaneilia Harris learned some hard money lessons (Photo by Kevin Allen)

5 Common Money Mistakes

Zaneilia A. Harris says don’t make the same error she did with your hard-earned cash

When Zaneilia A. Harris landed her first job out of college as auditor with the…

By Tamara E. Holmes

Posted: Tags: , , , , , ,
stocks rise

Middle Ground

Eric T. McKissack says midcap stocks offer value in an economy in search of a steady course

Eric T. McKissack, CEO and chief investment officer of the Chicago investment firm Channing Capital…

By James A. Anderson

Posted: Tags: , , ,
photo: Quantrell D. Colbert

Make Your Mortgage Affordable

Improve your chances of getting approved for a home loan modification

Kimberly Whitehead was just a week shy of seeing her foreclosed one-bedroom condominium in Atlanta…

By Carolyn M. Brown

Posted: Tags: , , , , ,
photo: Brett Kramer

Finding Common Ground

Thomas and Sharde Caffey of Chicago have only been married a little more than a…

By Sakina P. Spruell

Posted: Tags: , , , ,
coupons

How to Use Coupons for Big Savings

The process can be worth the time and investment

Do you see people in line at the supermarket handing over a stack of coupons…

By Sheiresa Ngo

Posted: Tags: , , , ,
Patricia Washington  (Photo by Alex Jones)

Recovering From Bank Fraud

What to do if your bank account is wiped out

Last October, Patricia Washington’s doctor’s office informed her that her debit card payment for the…

By Leslie E. Royal

Posted: Tags: , , , , ,
Scary-financial-scams-Halloween-300x232.jpg

5 Scary Financial Scams That Can Wreck Your Budget Well Past Halloween

You never want to play “trick or treat” with financial con artists

Halloween or not, you never want to play “trick or treat” with financial con artists.

By Lynnette Khalfani-Cox

Posted: Tags: , , , ,
child-money-300x232.jpg

Ask the Money Coach: Resources to Help Teach Your Kids About Financial Literacy

Learning the value of money and saving at an early age will help your child make smart money choices in the future

The Money Coach Lynnette Khalfani-Cox tells you how to teach your kids the value of…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
(Image: Thinkstock)

Understanding Obama’s Student Loan Debt Plan: Will It Help You?

BE Next breaks down the president’s new student loan reform program

As part of President Obama’s “We Can’t Wait” unilateral stimulus effort he has issued an…

By BlackEnterprise.com

Posted: Tags: , , ,
(Image: Thinkstock)

Ask the Money Coach: 7 Ways to Survive Your Child’s College Costs

The Money Coach tells you the right way and the wrong way to help your child avoid student loan debt

Parents want to help their children avoid the plague of student loan debt from college…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , , ,
Few can deny the impact Dr. Bill Cosby has made in entertainment. From being the first African American to play a leading role in a TV show on NBC’s I Spy (1965-68) to making his self titled series The Cosby Show No. 1 on the same network almost 20 years later, he has withstood the test of time in Hollywood as a writer, producer, director, actor, composer and more. More than just an entertainer with over 2.3 million Twitter followers (@BillCosby), Cosby has managed to evolve his sphere of influence and remain relevant through his philanthropic efforts, advertising, public speaking, business acumen and involvement in academia. BlackEnterprise.com Decodes the iconic Dr. Bill Cosby. —Kevin Clark

Bill Cosby Decoded: A Family-Friendly Brand

The comedian and philanthropist has blazed trails in television, advertising and more

From comedian to actor to educator and philanthropist, Bill Cosby has done it all and…

By Kevin L. Clark

Posted: Tags: , , , , , , , , , , , , , , , , , , , ,
home-buyers-couple-300x232.jpg

How to Benefit from Making Home Affordable Refinance Program

What you need to know to take advantage of President Obama's revised plan for underwater homeowners

Real estate expert Indrid Beckles tells you what you need to know to take advantage…

By Ingrid Beckles

Posted: Tags: , , , , , , , ,
MellodyHobson

Don’t Let the Debt Downgrade Scare You

The worst thing to do is panic in today’s market. You can reach long-term goals if you stay the course

Although it was well-telegraphed, I was still plenty surprised when Standard & Poor’s downgraded the…

By Mellody Hobson

Posted: Tags: , , , , ,
Layla Doman

The DOs and DON’Ts of Charitable Giving

Give with your heart, but don’t forget to use your head

Layla Doman donates to a range of charities. This helped the Washington, D.C., resident lower…

By Tory Parrish

Posted: Tags: , ,
1. The company requests a fee before providing a service. To combat such scams an advanced fee ban under the Federal Trade Commission’s Mortgage Relief Services Rule has been put in place to prevent distressed homeowners from being taken advantage of.

Stocks That Pay Dividends

Jessie Abercrombie finds stable, income-producing investments even in a turbulent market

In a jittery market, it makes sense to scout out stocks that pay a high…

By James A. Anderson

Posted: Tags: , , , ,
Obama-Cain-2-300x232 (2)

Cain Vs. Obama: A Comparison of Economic Issues

A breakdown of the numbers and the issues

Lynnette Khalfani-Cox gives a breakdown of the numbers and the issues

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
Man-in-front-of-home-400x275.jpg

Is Your Home an ‘Asset’ or a ‘Liability?’

How to know the difference and realize the true value of your home

The Money Coach Lynnette Khalfani-Cox tells you how to know the difference and realize the…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , ,
Kason Davis

Too Young to Think About Retirement? Think Again!

Just ask today’s retiring boomers whose retirement plans have fallen short. Even for those with…

By LaToya M. Smith

Posted: Tags: , , , , , ,
Confront the Culprit

Lastly, you need to confront this person directly. It doesn’t matter if that person is a “close” family member. I don’t care if it’s your sister, a cousin---or even your mother. Let this individual know that they have totally crossed the line and damaged your finances and credit rating in a way that is completely unfair, disrespectful to you, and that has long-lasting implications. Tell the person that they have exactly one week to contact every creditor in which they used your name to close the account or cut off service in your name---and put it in their name.

Ask the Money Coach: 5 Steps to Take When a Relative Ruins Your Credit

Lynnette Khalfani-Cox tells you how to make a credit comeback

Lynnette Khalfani-Cox tells you what steps you need to take to make a credit comeback

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
10-steps-to-build-wealth_crop.jpg

Ask the Money Coach: 5 Ways to Earn More Cash Before Year’s End

Smart and simple tips for making some extra money this year

Money Coach Lynnette Khalfani-Cox gives smart and simple tips for making some extra money this…

By Lynnette Khalfani-Cox

Posted: Tags: , , ,
timeshare.jpg

How to Dump a Vacation Timeshare You Don’t Want

Here are some strategies to unload or manage a timeshare you no longer want or simply can’t afford

Here are some strategies to unload or manage a timeshare you no longer want or…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , ,
mourning-300x232.jpg

When a Relative Dies and You Can’t Afford the Funeral

The Money Coach tells you what to do if a relative passes away and the burial costs are out of your budget

Money Coach Lynnette Khalfani-Cox tells you what to do if a relative passes away and…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , ,
David Banner

David Banner’s 4 Money Management Lessons for Black America

The rapper/actor shares his perspective on the Black community's misuse of its spending power

Inspired by the Pew Research Center’s minority wealth gap report, rapper/producer/actor David Banner shares his…

By David Banner

Posted: Tags: , , , , , , , , ,
home-buyers-couple-300x232.jpg

The Truth About ‘No Cost’ Loans from Home Lenders

Here's an estimate of what you can typically expect to pay for your mortgage

Here’s an estimate of what you can typically expect to pay for your mortgage

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , , ,
(Image: Thinkstock)

What Will a Strategic Default Do to Your Credit Score?

See if this drastic money move is the right one for you

Money Coach Lynnette Khalfani-Cox helps you decide if this drastic money move is the right…

By Lynnette Khalfani-Cox

Posted: Tags: , , , ,
black-man-driving-car-300x232.jpg

Don’t Let Your Car Note Drive You Crazy

Four ways to deal with overdue car payments or other issues when you’re struggling to pay for your vehicle

Money Coach Lynnette Khalfani-Cox gives four ways to deal with overdue car payments or other…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , , , , ,
DEF DIVIDENDS

At just 17 years old, LL became Def Jam Record’s flagship artist. His debut album, Radio, went on to go platinum and his 13-album catalog features many more million-plus sellers, including 1992’s Mama Said Knock You Out and 1997’s Mr. Smith, which both sold over two million copies and earned LL a pair of Grammies. To date, the Queens rapper’s catalog includes a dozen proper albums chockfull of classic records, and all that songwriter publishing means plenty of guaranteed money in the bank.

LL Cool J Decoded: The Greatest Brand of All Time

Taking home I Am Hip-Hop honors at the BET Hip-Hop Awards the entertainment veteran gets Decoded

From artist to actor to author to businessman, LL Cool J is a brand that…

By Alvin Blanco

Posted: Tags: , , , , , , , , , , , , , , ,
identity-theft-300x232.jpg

3 Reasons You Should Consider Buying Identity Theft Insurance

You'd be surprised by the people you know who have victims of identity theft. Here's how and why you should protect yourself

You’d be surprised by the people you know who have victims of identity theft. Here’s…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , , , ,
debt-dictionary-300x232

3 Easy Steps To Check Out a Debt Collector

How to protect yourself from debt collector abuses

Lynnette Khalfani-Cox tells you how to protect yourself from debt collector abuses

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
Cashing it In
Ever feel like your feeding a slot machine when pouring all your change into a coin-counter? Perhaps that's because your bank is taking a cut from your cash. The standard fee is 5 percent of the total amount converted.

What you can do: Don't wait until you have bags and bags of loose change before wrapping them in paper rolls. Instead, pick up the empty paper coin tubes at your bank and wrap as you go.

Andrea Woroch is a nationally recognized consumer and money-saving expert for Kinoli, Inc.

9 Most Irritating Bank Fees and What to Do About Them

Useful tips to help you cope with rising bank fees and constant changes

Black Enterprise explores the 9 most irritating bank fees and what can be done about…

By Andrea Woroch

Posted: Tags: , , , , , ,
Venture Capital Firms Profit from Funding Women-led Businesses

7 Excuses That Are Delaying Your Retirement

Time is the most vital element in building your nest egg. Start now, or pay later

Time is the most vital element in building your nest egg. Start now or pay…

By LaToya M. Smith

Posted: Tags: , , ,
credit-card-300x232

How To Get the Best Credit Card Deal

Five tips to help you narrow down your search and score the best credit card deal

Lynnette Khalfani-Cox gives five tips to help you narrow down your search and score the…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
RyanMack-300x232

WATCH: Finance Expert Ryan Mack Sounds Off on Occupy Wall Street

The author and financial literacy advocate says it's about more than marching

The author and financial literacy advocate says it’s about more than marching

By Elayne Fluker

Posted: Tags: , , , , ,
BankruptcyCourt

What to Do if a Debt Collector Tries to Sue You

The phone rings and it’s a call about a credit card debt you forgot about…

By Sheiresa Ngo

Posted:
BLO_CreditCards

What You Should Know About Credit Card Hardship Plans

Four years of careless spending led to $8,000 in credit card debt for Wilmington, Delaware,…

By Shandra Hill Smith

Posted: Tags: , , , ,
09MONEY-McKenzieSlaughter

Portfolio Protection

Professional investors hunt for new opportunities for all kinds of compelling reasons. For one, new…

By James A. Anderson

Posted: Tags: , , ,
Photo by Greg Plactha

Getting a Break for Funding Your Kid’s Education

Many parents and grandparents are aware of the benefits of 529 college savings plans. Earnings…

By Donald Jay Korn

Posted: Tags: , , , ,
credit cards

Credit Counseling Myths and Reality

Knowing the truth can help you make the best decisions about your finances

If you’re struggling to keep up with your credit card payments, credit counseling is probably…

By Sheiresa Ngo

Posted: Tags: , ,
(Image: Thinkstock)

How to Make the Most Out of Groupon and Daily Deal Sites

Getting a good deal is one thing; being a "shopping fool" who gets scammed is another. Here's how to play it smart

Getting a good deal is one thing; being a “shopping fool” who gets scammed is…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
EDDIE MURPHY AS "DR. JOHN DOLITTLE" IN DR. DOLITTLE (1998) The central character in a series of children's books by Hugh Lofting (1920–1952), Doctor John Dolittle shuns human patients in favor of animals that he can communicate with in their own languages. Actor Rex Harrison played the lead role in the 1967 film adaptation, but Murphy helped revive the character with his 1998 remake, which grossed over $250 million worldwide and spawned several sequels.

Eddie Murphy Decoded: Road to the Riches & the Oscars

Breaking down the economic influence the Oscars' new host has over Hollywood

Veteran comedian/actor Eddie Murphy was recently tapped to host the 2012 Oscars. The Hollywood veteran…

By William E. Ketchum III

Posted: Tags: , , , , , , , , , , ,
college debt

3 Huge Problems with Student Loan Debt

And how to fix them...

The Loop 21 offers solutions on how to solve the college debt problem

By BlackEnterprise.com

Posted: Tags: , , , , ,
Photo by Quantrell D. Colbert

How To Get A+ Credit

Follow these tips and get the best credit score you can

When Simone Griffin was young, she would watch her grandmother pay the bills on the…

By Tamara E. Holmes

Posted: Tags: , , , , , ,
Photo by Nick Antony

Property Ladder

Jumoke Dada--young, single and a successful real estate investor

“The rent is too damn high,” is not just the campaign slogan of former New…

By Aisha I. Jefferson

Posted: Tags: , , ,
Photo by Rayon Richards

Living Solo in the Big City

Erica Horne braces for unexpected expenses as she becomes a homeowner in New York

New York native Erica Horne, 35, wonders how she will continue to make ends meet…

By Sakina P. Spruell

Posted: Tags: , ,
200275643-001

3 Mistakes Singles Make with Their Money

Without a spouse to pick up the slack, you could be left in a financially vulnerable position. Here's how to be prepared

Without a spouse to pick up the slack, you could be left in a financially…

By Sheiresa Ngo

Posted: Tags: , ,
FinancialAid

How to Negotiate a Better Financial Aid Package

Use these tips to get the best deal on college financing

In addition to buying a home, funding a college education is probably one of the…

By Tamara E. Holmes

Posted: Tags: , , , , ,
Photo by Chris Hamilton

Tackling a Prosperous Retirement

Business investments are paying off for ex-football player Tony Jones and wife Kamilla

Retired NFL offensive tackle Tony Jones and his wife, Kamilla, have heard the horror stories…

By Aisha I. Jefferson

Posted: Tags: , , , , ,
Photo by Zave Smith

Digging Out of Debt

Nearly drowned by credit card debt, Joseph McKinley needs a solid savings and investing plan to make up for lost time

Joseph McKinley got into credit card debt the way a lot of people do—using plastic…

By LaToya M. Smith

Posted: Tags: , , , ,
Man-Cash-Money-620480

3 Signs Your Man is Bad with Money

Here's how to handle a beau who spends beyond his means

Madame Noire details 3 signs that your gent isn’t good with his finances. Take note…

By BlackEnterprise.com

Posted: Tags: , , , , , , ,
piggy bank college fund

4 Tax Breaks for College Students

How to be smart and save with a tax break on your tuition

A college education is probably the most expensive purchase you’ll make besides a home. Who…

By Sheiresa Ngo

Posted: Tags: , , , , ,
college-students-parents-300x232.jpg

How To Have “The Talk” With Your Teen

They're back in school. But, when it comes to raising money-smart kids, it's up to us to initiate the conversation

The bad news: Our most recent Great Recession and the things that precipitated it have…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , ,
Taking care of financial matters may be the last thing on your mind when you're dealing with a parent or loved one who is dying. But when a relative has been diagnosed with a terminal illness or has become very sick, you may need to take steps to protect their wealth and organize the family’s finances.  Planning for death isn’t easy, and can be a very stressful experience. However, educating yourself on what types of resources are available to you, and taking some time to review a will and other financial documents can help you and your family member better prepare for that loved one’s passing. Here are five financial steps you need to take when a parent or loved one is terminally ill. —Lynnette Khalfani-Cox

5 Financial Steps to Take When a Parent or Loved One is Dying

Preparing for the loss of a family member is a matter of life and debt

Death is a reality of life that most try to avoid but when you know…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
PocketsBrokeMoney

How to Handle Your Beau Being Broke

Madame Noire details best way to manage a relationship with limited funds

Maybe your beau is struggling to find a job in this terrible economy. Or perhaps…

By BlackEnterprise.com

Posted: Tags: , , , , , , , , , ,
It’s no secret that the cost to attend college can be quite expensive. As a result, most students heading back to school or those heading away for home for the first time will rely heavily on student loans and financial aid. While this assistance is a welcome safety blanket for those with limited funds, it also begins the cycle of post-grad debt. In an effort to help steer students in the right direction, here are six options for new graduates looking for debt relief. —Kahliah A. Laney

6 Tips for Decreasing Student Loan Debt Post Grad

Get educated on paying off that college debt faster

Student loans are usually the beginning of a cycle of debt that holds us back…

By Kahliah A. Laney

Posted: Tags: , , , , , , ,
credit cards

Watch Out For Business Credit Cards

Don’t put your personal finances at risk

The Pew Charitable Trusts released a study showing that millions of individuals and small business…

By Sheiresa Ngo

Posted: Tags: , , , ,
creditscore

The Lending Score You’ve Never Heard Of

It takes more than a good credit score to get the best terms on a loan

If you thought a great credit score was all you needed to get the best…

By Sheiresa Ngo

Posted: Tags: , ,
Dawn Brown, Senior Financial Adviser, Altfest Personal Wealth Management (Photo courtesy of Dawn Brown)

Experience Required

Financial adviser Dawn Brown chooses three mutual funds with a proven history of strong performance and seasoned management

Dawn Brown has a very methodical approach to choosing mutual funds, no matter what direction…

By James A. Anderson

Posted: Tags: ,
Photo: Alex Jones

Inflation-Proof Your Portfolio

How you can craft an investment plan that keeps pace

Short-term signs of inflation are easy to spot, from the higher tab to fill the…

By James A. Anderson

Posted: Tags: , , , ,
(Image: Thinkstock)

Relearning the Value of a Dollar

Making a habit of using credit and debit cards over cash can lead to a financial pitfall

More and more Americans use credit and debit cards for everyday purchases, creating a cycle…

By Janel Martinez

Posted: Tags: , , , , , ,
coupons

6 Signs Your Extreme Couponing Has Gotten Too Extreme

Don’t let your coupon behavior become obsessive

Saving money is always a plus but when your obsession with clipping coupons borders on…

By Sheiresa Ngo

Posted: Tags: , , ,
Use coupons for price reductions. Don’t miss out on a great deal--- compliments of a coupon---when you’re forced to purchase a brand new textbook. Sites like RetailMeNot.com and PromoCodes.com list the latest coupons and special offers by several major retailers that sell textbooks and other college supplies. A quick search is all it takes to find some attractive discounts on your next purchase.  Coupons are a good idea if you have any college courses that require you to purchase the latest edition of a book. Just be prepared for some serious sticker shock. It’s not uncommon for a new college textbook to cost $100 or more.

7 Ways to Save on College Textbooks and Supplies

Use these smart tips to save as much as 80% on books and supplies this year!

Lynnette Khalfani-Cox gives smart tips that could save you as much as 80% on textbooks…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,
(Image: Thinkstock)

6 Ways to Save Big on Back-to-School Shopping

Whether you’re shopping for a kindergarten tyke or a college kid, here are a few tips on how to get the best deal

Whether you’re shopping for a kindergarten tyke or a college kid, here are a few…

By Sheiresa Ngo

Posted: Tags: , , , ,
(Image: Thinkstock)

How to Create a Solid Financial Back-Up Plan

Why the Plan B tips can save you in tough economic times

Life never goes exactly according to plan. So what’s your plan B?

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
Hill-Harper-300x232

Sick And Tired Of Your Money Problems? Try Hill Harper’s ‘Wealth Cure’

The actor and best-selling author's new book has The Wealth Cure for what ails you financially, and it's good medicine

The best-selling author and actor Hill Harper provides sound strategies for managing and investing your…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , ,
Money-Cash-Black-Enterprise-Business-Large

The Right Way to Use Coupons for Big Savings

The process can be worth the time investment to cut costs

Here are four tips on how to work those coupon savings in your favor.

By Sheiresa Ngo

Posted: Tags: , , , , , , , , ,
(Image: Thinkstock)

Your Cheat Sheet: A Quick Guide to Student Loans for College

Student loans may be your only option for college. Here are tips for understanding (and repaying) your college loans

Taking out a student loan may be the only way to make college affordable. But…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , ,
Woman-stress-busines-career-office-620480

Get it Together, Diva: Plans B, C, and D are Always a Good Look

Proper prioritizing and preparation can help to cushion life's bumps

When it comes to life, prioritizing and practicing due diligence in all aspects is def.…

By Janell Hazelwood

Posted: Tags: , , , , , ,
(Image: ThinkStock)

Lessons in Money Management from My Mom

Knowing how to handle money should start in the home from our first teachers

Saving for the future should start at childhood and that responsibility fall son our parents…

By Caroline Clarke

Posted: Tags: , , , , , , , ,
On July 31, the National Bar Association held a panel to discuss the impact of the foreclosure crisis on communities of color at its 86th annual convention and exhibits. Black Enterprise spoke with two of the panelists—Yolanda D. McGill, senior counsel of the Fair Housing and Lending Project with the Lawyers’ Committee for Civil Rights Under Law, and Vicki King Taitano, director of the Foreclosure Legal Assistance Project with the Maryland Legal Aid Bureau—to get their thoughts on this growing problem. McGill noted the rise of scammers as one. "The overrepresentation of minorities in our scam database is very troubling and likely has many causes, such as the wealth gap that leaves struggling homeowners no savings or family funds to lean on and drives them to seek foreclosure rescue and modifications more often,” she says. “We also know that scammers tailor their marketing language to ethnic minorities, and there are organizations trying to determine if this activity is in violation of the law." With that in mind, here are five signs of a foreclosure rescue scam. —Sheiresa Ngo

5 Signs of a Foreclosure Rescue Scam

If someone makes you an offer that sounds too good to be true it probably is

One problem that often crops up during the process of fighting foreclosure is the rise…

By Sheiresa Ngo

Posted: Tags: , , ,
There was a time when Steve Harvey was just another successful comedian, but today he’s much more. The West Virginia native carries titles like author, entrepreneur and businessman as well and is laughing his way to the bank in the process. Harvey stays busy as host of his popular self-titled radio show and Family Feud, author of several best-selling books, his own television program on Centric TV, and a charity foundation. This week, Harvey and Ford will co-host their Ninth Annual Hoodie Awards, a community-oriented awards show that honors top businesses, schools, and leaders. Based on Harvey’s ever-growing brand, BlackEnterprise.com decodes Steve’s funny money. —William E. Ketchum III

Steve Harvey Decoded: A Brand Suited for Success

The enterprising funny man is no joke when it comes to business and brand extension

More than a comedian, Steve Harvey has built a profitable brand that spans across various…

By William E. Ketchum III

Posted: Tags: , , , , , , , , , , , , , , , ,
(Image: ThinkStock)

5 Ways To Upgrade Your Investments As Nation Deals With Debt Downgrade

Even though investors are reeling from the toughest market since 2008 you can still build your portfolio & protect your assets

Standard & Poor’s downgrade of the United States’ AAA credit rating to a AA+ could…

By Derek T. Dingle

Posted: Tags: , , , , , , , , , , , , , , , , , , , , ,
78313806

Nightlife: How to Budget When Out on the Town

Your after-work leisure doesn't have to break your pockets

Madame Noire details how to save your wallet while enjoying nightlife.

By BlackEnterprise.com

Posted: Tags: , , , , , , ,
Author, Dr. Marc Lamont Hill, host of Our World with Black Enterprise

How Obama and the Democrats Dropped the Ball…Again

Dr. Marc Lamont Hill says America is left with the burden of paying for the embarrassing ineptitude of Obama and the Democrats

With the passing of the debt-ceiling bill, Dr. Marc Lamont Hill says America is left…

By Marc Lamont Hill

Posted: Tags: , , , , , ,
Relationships are a lot like doing business in that they require a considerable amount of time, commitment and good credit to succeed. Nowadays individual credit scores determine virtually everything, including employment status, car insurance rates and if a person is eligible to get a bank loan to start a home. Whether you’re in business or in love, your partner has to be able to pull his or her weight if you plan on having an emotionally and financially secure partnership—platonically or romantically. So before you make your next relationship official, be sure you look out for these seven warning signs that the person you’re dating is potentially a bad investment. —Souleo

7 Signs the Person You’re Dating is a Bad Investment

Whether you're in business or in love, choosing the right partner is essential to your success

The same care that goes into choosing a business partner should go into selecting a…

By Souleo

Posted: Tags: , , , , , , , , , , , , , ,
How much do you think you need to save for retirement? According to a survey of registered investment advisors (RIAs) commissioned by Scottrade Services, the average American believes they need around $1 million to retire comfortably. However, many advisors say that most couples could need two to three times this amount to make sure they don't outlive their money. (Use this calculator from cnnmoney.com to estimate how much you need.)  Regardless of whether you’ll truly need $300,000 or $3 million, The cold, hard truth is that many baby boomers and pre-retirees simply will not save enough money to retire comfortably. Thus, retirement in the traditional sense is simply out of the question. If you’re one of those people, what choices do you have? Here are some options to consider.---Lynnette Khalfani-Cox

What to Do If Retirement is No Longer an Option

Times have changed, and so have dreams of an early retirement. Use these tips to make sure to make sure you prepare for your future

Times have changed, and so have dreams of an early retirement. If you’re close that…

By Lynnette Khalfani-Cox

Posted: Tags: , , ,
Wedding season is in full swing with some states like New York getting a few extra brides and grooms this year thanks to the recent passing of the same sex marriage bill. Regardless of your orientation, starting a life together generally comes with a hefty price tag. However, you don’t have to break the bank just to say, “I do.” In fact, BlackBridalBliss.com features weekly profiles from real brides, who share their first-hand advice on ways to save money when planning the big day as part of the popular Tie the Knot Tuesdays series. Whether you’re in the process of planning or still dreaming of the day, here are 11 practical ways to save money on your wedding day. —Bridgette Bartlett

11 Ways to Save Money on Your Wedding Day

It may be your "big day" but that doesn't mean you have to spend in a big way

Weddings can get expensive fast, but there are cost-effective ways you can save money while…

By Bridgette Bartlett

Posted: Tags: , , , , , , , , , , , , , , ,
burning money

Stop Burning Cash!

In three real-life situations, experts show how to create a workable budget so you can take control of your money and meet your short- and long-term goals.

Do you smell the odor of burning currency? If you ever find yourself wondering where…

By Bridget McCrea

Posted: Tags: , , , , , ,
01FutureStock-Profit-LIVE

It’s A Small (Cap) World

Investment manager Eugene Profit offers his favorite small-cap stocks in healthcare, technology, and clothing retail

During recoveries, there’s a rule of thumb in investing: Small-cap shares—stocks of companies with a…

By James A. Anderson

Posted: Tags: ,
warranty

3 Ways to Get Your Warranty Extended for Free

Don’t pay if you don’t have to

Extended warranties are expensive. Extra coverage on a new car, for instance, can cost an…

By Sheiresa Ngo

Posted: Tags: ,
facebook

Facebook to Offer Consumer Deals

If you thought the folks over at Facebook were done making changes, you’re wrong.

By Sheiresa Ngo

Posted: Tags:
Photo by Chris Hamilton

Home for Rent

How to lease your home when selling isn’t your best option

Ericka Newsome-Hill’s wedding was right around the corner and she wasn’t sure what to do…

By Bridget McCrea

Posted: Tags: , , , , ,
Photo by Chris Edwards

Overcoming Life’s Debt

Ever growing liabilities keep the Brookses from enjoying their life

With $158,000 in debt outside their mortgage, Kenric and Christina Brooks of Charlotte, North Carolina,…

By Sakina P. Spruell

Posted: Tags: , ,
Groupon elected Ariel Investments President Mellody Hobson to its board of directors (Image: File)

Why Trading Commodities Isn’t a Get-Rich-Quick Scheme

If you must invest in commodities, here’s how to do it the right way

I get worried when I start seeing signs that people think they can make a…

By Mellody Hobson

Posted: Tags: ,
WhatToBuyIn

What to Buy in July

July is chock-full of bargains.

By Sheiresa Ngo

Posted:
Photo by Quantrell D. Colbert

Blending Families and Finances

When Julia Hamilton and her life partner Keesha Gipson Monroe committed to each other they vowed to raise money-smart kids

Adhering to sound money management principles requires substantial discipline for most individuals. So imagine…

By Aisha I. Jefferson

Posted: Tags: , ,
bankruptcy-empty-pockets-071211-300x232.jpg

How To Close The Wealth Gap: Step 1

It may take generations to do it. But it starts with making better decisions with the money we have.

The Black wealth gap must be closed. Here’s how we begin to make steps towards…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , , , , , , ,
We'll all feel weighed down by debt if help doesn't come soon (Image: ThinkStock)

5 Ways You Can Prepare For Debt Default

Don't wait around for the government to decide your financial future

To lend further analysis to the debt default or downgrade, BLACK ENTERPRISE has reached out…

By Derek T. Dingle

Posted: Tags: , , , , , , , , , , , , ,
lending money_african american

Poll: Do You Plan to Support Your Adult Children?

Knowing when it's time to cut the financial umbilical cord

A recent study conducted by SunAmerica Financial Group found that 70% of parents age 55…

By Sheiresa Ngo

Posted: Tags: , , , ,
(Image: ThinkStock)

Preparing for the Marathon To Rebuild Our Wealth

Based on the racial divide in the economic gap, a lot has to be done to rebuild our buying power

While America dealt with the Great Recession of 2007-2009, overwhelming numbers of minority households suffered…

By Derek T. Dingle

Posted: Tags: , , , , , , , , , , , , ,
co-sign-loan-300x232.jpg

What You Need to Know about Co-signing on a Loan

When friends and family ask you to co-sign on a loan you might think you’re doing them a favor, but you’re actually entering into some risky business.

If you decide to co-sign on a loan for someone, there is a three out…

By LaToya M. Smith

Posted: Tags: , , , , ,
Couple moving

Moving Soon? Be Careful Thieves Don’t Move with Your Identity

A lot goes into moving, and often times identity protection is not top of mind. Here's how to protect yourself during the transition

A lot goes into a big relocation, and often times identity protection is not top…

By Lynnette Khalfani-Cox

Posted: Tags: , , ,
P

When Your Household Finances Fall Apart

You promised to love each other during good times and bad. Here's what to do when bad financial times come sooner than expected

You promised to love each other during good times and bad. But sometimes the bad…

By Sheiresa Ngo

Posted: Tags: , , , , ,
It took only 72 days for Kim Kardashian and Kris Humphries’ marriage to dissolve. Reportedly costing a million dollars, the financial loss of the split is obvious. Similarly, Jennifer Lopez may have once sang “Love Don’t Cost A Thing,” but the singer/actress knows first-hand that a  divorce can cost a pretty penny. After eight months of marrige to backup dancer/choreographer Cris Judd, she called it quits in 2002 and coughed up $14 million to Judd. With the recent announcement of her split from salsa singer Marc Anthony, there’s rampant speculation about who’s going to come out richer. J.Lo, whose estimated net worth is $150 million, easily eclipses her estranged husband who earns a respectable $40 million. If the couple signed a premarital agreement, there should be little worry about who gets what. On the other hand, the dirty laundry from some of the following couples was aired when news of their divorces spread. We’ve taken a look at the figures in 10 expensive celebrity divorces. —Brett Johnson

10 Most Expensive Divorces for Black Celebrities

A look at the most costly divorces of the rich and famous

Divorces and separations are all too common in Hollywood. Here’s a breakdown of some of…

By Brett Johnson

Posted: Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
new-home-owners-300x232.jpg

Will the Consumer Financial Protection Bureau Do Any Good?

New agency aims to have your back when dealing with financial institutions

On July 21, consumers will officially have a new watchdog in the form of the…

By Sheiresa Ngo

Posted: Tags: , , ,
Woman-on-phone

Beware of Cross-selling Tactics

Before you buy this with that, make sure you're getting what you need; not just what they sell you

When you’re at the store getting ready to purchase an item, don’t automatically be lured…

By Sheiresa Ngo

Posted: Tags: , , , ,
bankruptcy-empty-pockets-071211-300x232.jpg

The Truth About Bankruptcy: Why All Your Debts WON’T Go Away

What you need to know before you file

While it’s true that Chapter 7 bankruptcy can wipe out many consumer debts, such as…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , , , ,
President Barack Obama changed the game when it came to utilizing a powerful tool of influence: social media. Since his successful 2008 bid for the U.S. presidency, he has held a prominent role, using social networking as a way to reach the masses, gain support, and create one of the most transparent presidencies in history. Here's a look at his social media presence, and how his administration has successfully leveraged it as a vital resource. --- Janell Hazelwood

Decoding Barack Obama’s Social Media Campaign Strategies

A look at the Head of State's prowess with social Web

President Barack Obama changed the game since his successful run in 2008, utilizing the most…

By Janell Hazelwood

Posted: Tags: , , , , , , , , , , , , , , ,
boardroom-multicultural-315x232

New Law Helps Minority and Women Contractors Land Big Deals

President Obama signs bill that gives our financial services firms a seat at the table. But is it enough?

In July 2010 President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act…

By Jeffrey McKinney

Posted: Tags: , , , , , , , , , , , ,
credit-card-debt-management

6 Steps to Take If a Debt Collector Tries to Sue You

Whether its a debt you forgot about or one you simply couldn't pay, knowing your options can help you manage the situation

One minute you’re going about your day, not a care in the world. The next,…

By Sheiresa Ngo

Posted: Tags: , , ,
international-travel-couple-070511-300x240

How to Get the Most For Your Dollar When Traveling Abroad

Smart travel tips to help you save before and during your trip

Money columnist Lynnette Khalfani-Cox gives you smart travel tips that will help you save before…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
family vacation

How to Score a Summer Vacation Deal!

Kick off the summer travel season with a sweet deal

You don’t have to break the bank to enjoy a fun, satisfying summer vacation. There…

By Sheiresa Ngo

Posted: Tags: , , , ,
Subject: Deanna Walker

5 Situations When It’s OK to Close a Credit Card

Sometimes it’s all right to go against the grain

Whenever Macy’s announced a sale on Jones New York suits or high-heeled sandals, Deanna S.…

By Leslie E. Royal

Posted:
credit report

4 Circumstances That Qualify You for a Free Credit Report

Knowing the facts will allow you to get the information you need

If you think the only time you can get free credit reports is when you…

By Sheiresa Ngo

Posted: Tags: , , , ,
06MONEY-RaymondStewart-LIVE

Money in the Bank

Raymond Stewart, founder and chief investment officer of RASARA Strategies, picks three banking stocks destined to lead the sector’s resurgence

In many ways, the cloud of worry surrounding financial companies at the onset of 2009…

By James A. Anderson

Posted:
IMG_8367

Take Your Kids To Money School!

How to find a workshop, after-school program, or camp that’s right for your child

The program Brendan attended, the Youth Investment Club, is jointly run by the Lanham, Maryland-based…

By Tamara E. Holmes

Posted: Tags: , ,
credit cards

Watch Out for Interest Rate Reduction Scams

Don't let the promise of a lower interest rate ruin your finances.

If you receive a pre-recorded message promising a lower interest rate on your credit card,…

By Sheiresa Ngo

Posted:
Subject: Jared Murphy

Knowing When to Sell a Stock

How to create an exit strategy for your investments

Breaking up is hard to do, especially when money is involved. But when Jared Murphy…

By Renita Burns

Posted: Tags: ,
Photo by Greg Kiger

Breaking the Cycle

V. Kenneth and Justin Johnson are on a mission to help family, friends, and clients protect and transfer wealth

One of V. Kenneth Johnson’s most pressing goals in life is to “break the cycle…

By LaToya M. Smith

Posted: Tags: , ,
Life is often a bit easier when you receive a word of wisdom to guide you along the way. Here, you'll read some wise words from financial planners on retirement, saving, investing, budgeting, and managing your finances.

9 Essential Tips Every Investor Should Know

Financial professionals offer advice for market-watchers young and old

Crystal balls are pretty hard to come by particularly when it comes to investing in…

By Bridget McCrea

Posted:
Malkia McLeod

Precautionary Measures

Malkia McLeod needs to organize her finances to help carry her through an uncertain job market

In the fall, the 37-year-old could be out of a job. A public affairs specialist,…

By Carolyn M. Brown

Posted: Tags:
renter2

Rental Payments Will Count Toward Credit History

How paying your rent on-time is a new way to build good credit

If you don’t own a home, have little credit card history, or don’t own a…

By Sheiresa Ngo

Posted: Tags: , , , , , ,
Michael Jackson in glasses

Michael Jackson: Decoding the Brand Power of a Black Music Legend

A reflection on the King of Pop's musical and business impact two years after his passing

As a musical icon Michael Jackson’s legacy spans from record breaking album sales and groundbreaking…

By Andreas Hale

Posted: Tags: , , , , , , , , , ,
Teens window shopping

7 Money Lessons Teens Learned from the Recession

A new study shows the Great Recession turned out to be teens’ most effective teacher.

You’ve probably talked to your teens about money management numerous times. And you’ve probably felt…

By Sheiresa Ngo

Posted: Tags: , , ,
Is it okay to use a coupon on a first date? (Image: Thinkstock)

Would You Use a Coupon on a Date?

There's a fine line between a smart move and poor taste.

Are there times when you should and shouldn’t use a coupon?

By Sheiresa Ngo

Posted: Tags: , , ,
black-graduate-061911-298x235

Financial Advice for 2011 College Graduates (Beyond ‘Get a Job!’)

Strategies to help students do the right thing after getting that diploma

Our Money columnist Lynnette Khalfani-Cox offers tips to help college grads do the right (and…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
Woman-Credit-Card-300x232

Why a Good Credit Score Isn’t Enough

You’ll need more than excellent credit to get the best terms on a loan

If you thought a great credit score was all you needed to get the best…

By Sheiresa Ngo

Posted: Tags: , , ,
D

7 Simple Facts About Saving Money

How much do you know about saving for a rainy day? Here are seven facts you need to know from AmericaSavesWeek.org

How much do you know about saving for a rainy day? Here are seven facts…

By Sheiresa Ngo

Posted: Tags: , , , ,
3 Tips for Getting Your Direct Mail Marketing Letters Read

5 Ways to Protect Your Mail from Identity Theft

Don't let sensitive information get into the wrong hands

Mail theft is one of the top ways that people’s identities are compromised. But there…

By Sheiresa Ngo

Posted: Tags: , ,
M

Consumer Alert: Watch out for Tax-Related ID Theft

See what steps you can take to protect yourself

You’ve filed your taxes, dropped the forms in the mail, and now you’re breathing a…

By Sheiresa Ngo

Posted: Tags: , , , , , ,
N

4 Financial Questions You Should Ask Before (Or Early Into) Marriage

You've covered all the details of the wedding. But what about your money matters?

If you’re about to get married, or have recently tied the knot, chances are you…

By Lynnette Khalfani-Cox

Posted: Tags: , , ,
Following your passion is great, but no one wants to struggle to pay the bills after graduating from college. That's why for some students it's important to avoid majors that traditionally don't pay well. A recent study by Georgetown University Center on Education and the Workforce identified a list of college degrees that place African Americans at the lowest end of the pay scale. Following our look at the highest paying degrees for African Americans, here's a look at the majors most likely to leave your wallet a little lighter.

10 Lowest-Paying College Degrees for African Americans

Will you be struggling to pay the bills after you graduate? Graduating with one of these degrees may make that your reality

Following your passion is great, but no one wants to struggle to pay the bills.…

By Sheiresa Ngo

Posted: Tags: , , , , , , , , , ,
05RealEstate Sharon_Morris1c

How to Negotiate the Best Deal on a Home

Learn when to buy, what to say, and how to secure a great price

Standard & Poor’s noted at the end of 2010 that six markets—including Atlanta, Miami, and…

By Tamara E. Holmes

Posted: Tags: , ,
Emmanunel Twum

A Savings Lesson Well Learned

Parental tough love set Emmanuel Twum on the path to responsible spending

One of the toughest lessons Emmanuel Twum learned his freshman year in college had nothing…

By LaToya M. Smith

Posted: Tags: , , , ,

What to Buy in May

If you need new patio furniture, May is the best time to buy it.

By Sheiresa Ngo

Posted:
Tech Insider_Laptops2_sm

Family-Friendly Tool

The summer travel season is just around the corner. If you’re traveling with your family…

By Sheiresa Ngo

Posted: Tags: ,
college debt

A Fun Way to Track College Savings

Make college savings fun and personal with My College Fund Journal.

By Sheiresa Ngo

Posted: Tags:
Wall Street Black Enteprise

Can the Stock Market Rally Continue?

We asked eight experts whether the Dow’s two-year upswing will last another year

The stock market rally that began in the wake of the financial crunch marked its…

By John Simons

Posted: Tags: , , , , ,
MarkRiddix

How to Buy Like Buffett

Blogger and financial adviser Mark Riddix makes three mutual fund picks to help you invest like his idol, Warren Buffett

Mark Riddix, a Baltimore-based financial adviser, has recently been making waves online.

By James A. Anderson

Posted:
05Money Sharee Hall1c

MoneyTips for New College Grads

Five ways to manage your cash so you’re equipped for the “real world”

When Sharece Hall, 25, was a student at the Georgia Institute of Technology, she, like…

By Brittany Hutson

Posted: Tags: , ,
05Young Money Mcmillian1c

Life on “The Street”

How Lamont McMillan turned an after-school internship into his dream job as a bond trader

Raising a young man in New York City isn’t easy. But Glenn Lamont McMillan Sr.…

By John Simons

Posted: Tags: , , ,
05WFL Ferguson1a

Playing Catch-Up

To reach their retirement goals, Lee and Tayo Ferguson must save more and spend less

Lee and Tayo Ferguson have all the trappings of middle-class success: two stable careers, a…

By Carolyn M. Brown

Posted: Tags: , , , , ,
WWoman-surrounded-by-bills-debt-053111-300-232

6 Common Lies Debt Collectors Will Tell You

And how to spot them a mile away...plus know the truth about your rights as a consumer

If you’ve ever had to deal with debt collectors, you know that many of them…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , ,
Moving-In-300x232

How Not to Get Scammed by Movers

Moving season is around the corner. Be sure follow these tips to protect yourself from movers who mean you harm

Summer is just around the corner, and moving season will soon be in full swing.…

By Sheiresa Ngo

Posted: Tags: , , , ,
Looking-for-Gas-300x232

3 Mobile Apps That’ll Help You Find the Cheapest Gas Prices

With gas prices on the rise, getting the most out of your tank is a must. Don't worry there's an app for that!

To help you manage the rising price of gas, I recommend these three mobile apps…

By John Simons

Posted: Tags: , , , , , , ,
Oprah WInfrey

Oprah Winfrey Decoded: Makings of a Multimedia Master

Over the past 25 years Oprah Winfrey has inspired us as a billionaire businesswoman. Here's a snapshot of her financial power

Oprah Winfrey airs the finale of her top-rated talk show The Oprah Winfrey Show today,…

By Tamara Warren

Posted: Tags: , , , , , , , , , , , , , , , , ,
Credit-Card-Statement-300x232

Business Credit Cards Might Put Your Personal Credit at Risk

Business never personal, except when it comes to the company credit card as the CARD Act has left small business owners unprotected

The Pew Charitable Trust’s Safe Credit Cards Project recently released a study showing millions of…

By Sheiresa Ngo

Posted: Tags: , ,
LeBron James with hand on chin

LeBron James Decoded: A Slam Dunk Brand

Moving to Miami only amplified LeBron James' stock in the NBA and is having a similar effect on his business and bank account

Since joining Dwayne Wade on the Miami Heat, LeBron James has made millions more and…

By Andreas Hale

Posted: Tags: , , , , , , , , , , , , , , , , , , ,
Arnold Schwarzenegger in a suit and smiling

Arnold Schwarzenegger & 5 Men Whose Finances Were Impacted by a Sex Scandal

Infidelity could really cost you

From Arnold Schwarzenegger to Tiger Woods, sex scandal can not only destroy a career but…

By Larry Gilchrist

Posted: Tags: , , , , , , , , , , , , , , , , ,
moneysignsuccess

End of the World Checklist: Do You Have Your Financial House in Order?

What will your financial legacy say about you when your world ends?

BlackEnterprise.com’s checklist to prepare to leave behind your financial legacy via estate planning and living…

By Janell Hazelwood

Posted: Tags: , , , , , ,
paying-bills-300x231

Pay Your Bills…With a Gift Card

A new way to pay

If you don’t know what to do with those unused gift cards, not to fear.…

By Sheiresa Ngo

Posted: Tags: , ,
Locked-up-house-300x232

4 Tips to Keep Your HUD Home Out of Foreclosure

With the HUD mortgage counseling budget eliminated, more homeowners are at risk for foreclosure

The ongoing foreclosure problem facing U.S. homeowners is about to get worse now that Congress…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , ,
M

5 Tips on How to Handle Sudden Wealth

Whether you just signed a multi-million dollar contract or inherited property from a wealthy relative, here are some tips to help you keep—and grow—your wealth responsibly

Whether you’ve just signed a multi-million dollar contract, won the lottery, or inherited property from…

By Robert J. Gordon

Posted: Tags: , , , , ,
Tupac-Shakur-300x232

Will Bankruptcy Stop Tupac’s Biopic from Hitting the Screen?

15 years later, financial harships threaten to keep the rapper's long-awaited story out of theaters

15 years later, financial hardships threaten to keep the rapper’s long-awaited story out of theaters

By Lynnette Khalfani-Cox

Posted: Tags: , , , , ,

Women of Power

Lisa Nichols

Author and Motivator Lisa Nichols Inspires During Social Media Event

Lisa Nichols inspired participant during her tweet chat with Black Enterprise, detailing her latest business…

Read More »
Image: File

Susan L. Taylor Talks Mentorship and Passing on a Legacy via CARES

Sharing tips on passing on a legacy and the need for mentorship, Susan L. Taylor…

Read More »