September 15, 2014 11:22 PM • Log InREGISTER
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What You Should Know Before Settling Credit Card Debt Should You Get a Three-Year College Degree? What Kids Should Know About Money—and When How to Combat New Banking Fees 4 Steps the King of Pop Took to Secure His Financial Legacy Free Ways to Monitor Your Credit Foreclosing as a Financial Strategy Cutting Edge: Zip Car’s Going Public. Should I Buy? Administration Approves $1.5 Billion in Aid for Homeowners On Standby: New Airline Passenger Rules Investing 101: How to Pick a Financial Advisor What Fannie’s and Freddie’s Delisting Means for Investors, Homeowners Billions in Wealth Lost Since Foreclosure Crisis Began How to Calculate Your Net Worth Investing 101: Which Method Will You Use to Invest? Ask Your Advocate: Can I Be Taxed On a Canceled Debt? Money Matters: Do I Need This Type of Insurance? News You Can Use Free Your Mind Research Stocks Like a Wall Street Professional Investing In Education You Better Shop Around Find the Best Summer Travel Deals for Your Family Investing 101: How to Create the Perfect Financial Plan Get Ready for Changes to Your Debit Card Oil Spill Cleanup Scams Keeping Your Credit in Check Women & Money: Let’s Take on the World of Investing Ask Your Advocate: Charge, Credit, Debit—What’s The Diff? Cutting Edge: Protect Your Assets in Long-Term Relationships Who Should Have Your Social Security Number? Money Matters: Books to Boost Your Financial I.Q. Charge Up Your Portfolio with Small Caps Credit Where It’s Due Women & Money: Lessons From the Financially Independent Your House is a Home—Not an ATM iPhone Apps that Save You Money Steer Clear of Moving Scams Women & Investing: Are You a Reluctant Investor? African American Wealth Gap Quadruples Rewriting the Financial Playbook Cutting Edge: 9 Tweeters for the Cost-Conscious End Your Comfortable Relationship With Debt Love, Money, and Marriage 101 Low-Cost Eco-Friendly Design Options for Your Home Cutting Edge: Beware of Selling Your Investment Millions Available to Pay for School Who’s The Money Role Model for Your Kids? Cutting Edge: When Your Employer Switches 401(k) Providers Women & Money: Prenups Aren’t Just for the Rich Required Reading: 20 Books to Boost Your Financial Literacy White House Makes Final Push for Financial Overhaul Cutting Edge: How NOT to Invest in a Mutual Fund It’s Time to Celebrate Financial Literacy Month! When Identity Theft Hits Close to Home Ask Your Advocate Does God Have a Place in Your Portfolio? Money Matters: Will Withdrawing Cause More Hardship? Who’s in Your Wallet? In Search of Small Wonders Following Her Heart Don’t Walk Away Financial Challenge College Aid 101 Learning From the Kennedy Green House Restoration MasterCard Opens Online Store Women & Money: Beware of Self-Defeating Behaviors Cash for Clunker Appliances: Time is Running Out Cutting Edge: Finding the Best Money Market Account Women & Money: What’s Your NET Worth? Are Black Folks ‘Scrubs?’ Pick the Right Financial Professional Ask Your Advocate: Protecting Your Identity While Shopping Money Matters: Managing Retirement Accounts Buying Retail Find the True Meaning of Green Get Ready for the New Normal A Profile In Courage Cyberwise: How to Choose an E-Reader Catch the International Flight Beware of Census Scams Women & Money: Don’t Forget to Plan Bank of America Offers Bailout to Homeowners Build A Budget For Yourself—And Cousin ‘Pookie’ Growing The Net Worth of Black Women Long-Term Investing to Create the Future You Deserve Protect Your Privacy Investing Rules for Women: Invest for Your Retirement Cutting Edge: Resisting the Credit Temptation Investing Rules for Women: Don’t Go it Alone Pep Talk: Ready to be Debt-Free Investing Rules for Women: Educate Yourself Six Ways to Save Why Financial Planning Ain’t Just For The Rich Investing Rules for Women: Get Over Your Fear Investing Rules for Women: Start Early Food for the Journey Overlooked Tax Breaks To Save and Protect Drafting a Financial Plan Navigating the Abyss of Airline Customer Service Cutting Edge: Bank of America Ends Overdraft Fees Happy Anniversary, Investors! How Do I Make Money Now? Cutting Edge: Check Yourself with Self-Checkout Ask Your Advocate: Winter Heating Bill Woes The Homebuyer’s Toolkit: Do it Yourself! Ask Your Advocate: How To Get Your Unclaimed Tax Refund Family Ties Talking Points: UNCF Colleges More Affordable Than Their Peers Investing Rules for Women Green Credit Cards Money Matters: College Savings Vehicles Building Wealth Investing Lessons From a Billionaire Cents and Sensibility Investment Strategies for Women Poll: More Consumers Going the DIY Route for Taxes The Best Offense: Defensive Investing Green Investing Credit Card Reform Starts Today It’s All About You … and Money Get Ready For The New Credit Card Rules How to Tell if You Need a Financial Planner 2009 Tax Tips The Cutting Edge: Uncle Sam Gives Back to Students Staying on Track A Woman’s Guide to Financial Planning Poll: Paying the Tax Man The Cutting Edge: Standardized v. Itemized Deductions The Homebuyer’s Toolkit: Choosing the Right Neighborhood BE/Walmart Economic Forum The Cutting Edge: Why The IRS Might Pick On You How Safe Are My IRA Funds? A Life Raft for Student Loan Borrowers Money Matters: Preparing for Retirement When Should You Refinance? A Woman’s Guide to Money Management Play Games with Your Money Credit Inquiries—Hard Pulls vs. Soft Pulls Cutting Edge: Move Your Money Demystifying the Mortgage Modification Process What to Know Before You Donate to Haitian Relief The Homebuyer’s Toolkit: Title Insurance 3 Things to Know About Debt Collectors Auto Financing or Bust Andersons Complete Year of ‘Buying Black’ The Homebuyer’s Toolkit: Condo or Co-Op? Help! My Dad Has a Credit Card in My Name Money Matters: Should I Ditch My Home?

Money

What You Should Know Before Settling Credit Card Debt

Be mindful of the pros and cons of consulting a service

If you’re up to your eyeballs in debt and can’t see the light at the…

By Sheiresa Ngo

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Should You Get a Three-Year College Degree?

Tight economy has some schools offering a short-cut to the bachelor�s degree

Spiraling tuition costs have some students balking at the idea of a traditional four-year…

By Renita Burns

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Your high school graduate (age 18) should grasp enough about finance to … --Apply systematic decision making to a long-term goal --Schedule bill payments, write a check, reconcile checking or debit account statements, and monitor statements for accuracy --Explain how a negative credit report can affect a person’s future --Identify appropriate investments for accumulating money for a four-year college education, a wedding, a business startup, a house down payment, and retirement For more information on financial literacy benchmarks, and additional suggestions for money-related home-learning, visit the Credit Union National Association’s “Thrive By Five” Website and the Jump$tart Coalition for Personal Finance Literacy. Look for the full version of this article in the August issue of Black Enterprise.

What Kids Should Know About Money—and When

These benchmarks can be a guide as you share vital lessons with your child

Tips on what your child should know about managing their finances

By Robin White Goode

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How to Combat New Banking Fees

As institutions look for ways to cut losses, you can too

You have options to cut back on banking fees.
I’m sure after reading my earlier post,…

By Sheiresa Ngo

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It’s been one year since the world was rocked by news that the King of Pop, Michael Jackson, had passed away. In that time, much of the reporting about his finances focused on what the pop icon did wrong. For instance, only $70 million of his reported $500 million indebtedness has been paid off, AP reports. However, there are many financial moves Michael Jackson got right. The documentary, Michael Jackson's This is It based on his final concert rehearsal footage, has sold more than 5 million DVDs worldwide and Sony Music, Jackson’s record company grossed $252 million. In fact, his estate has earned more than $250 million alone in the year since he died thanks to attorney John Branca and music executive John McClain, who are building several new streams of income, including sales of a video game and through many licensing agreements. Although Jackson's executors manage millions of dollars, his estate planning requirements aren’t too different from what the average Joe or Jane should be doing. You may not have Jackson’s millions, but estate planning attorney Wynne Whitman, a partner with Schenck, Price, Smith & King L.L.P., and the author of Smart Women Protect their Assets (FT Press; $13.99), recommends four things you can do that Jackson did to ensure that his children and his legacy would be financially secure. (Source: MichaelJackson.com/us).

4 Steps the King of Pop Took to Secure His Financial Legacy

Prior to his death, Michael Jackson made sure his money and his children would be in the right hands

Michael Jackson made a lot of money during his lifetime, but he also accumulated a…

By Marcia Wade Talbert

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Free Ways to Monitor Your Credit

Keeping your credit in tip-top shape doesn�t have to cost a thing

After seeing ads on television, you might be tempted to sign up for credit monitoring.…

By Sheiresa Ngo

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Foreclosing as a Financial Strategy

It's called strategic defaulting, and more homeowners are doing it

Fannie Mae recently announced that it would penalize borrowers who purposely forego their home loan…

By John Simons

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Cutting Edge: Zip Car’s Going Public. Should I Buy?

How to research an IPO

Though money is a bit tight with student loans, I’m still always on the prowl…

By Renita Burns

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Administration Approves $1.5 Billion in Aid for Homeowners

Fund encourages states to develop less stringent solutions to prevent foreclosure

The U.S. Treasury announced Thursday that it has approved $1.5 billion in Hardest Hit Fund…

By Joyce Jones

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On Standby: New Airline Passenger Rules

These proposed changes might take the frustration out of your next flight

If you’ve ever been bumped from a flight, you know the frustration that comes with…

By Sheiresa Ngo

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Investing 101: How to Pick a Financial Advisor

Choosing the wrong one can be a nightmare�just ask Bernie Madoff�s clients

Working with a financial advisor (consultant or planner) can not only be financially rewarding but…

By Patricia Stallworth

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What Fannie’s and Freddie’s Delisting Means for Investors, Homeowners

Future of government-run mortgage companies is in doubt

With embattled mortgage purchasers Fannie Mae and Freddie Mac announcing plans to delist Wednesday, investors…

By Renita Burns

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Billions in Wealth Lost Since Foreclosure Crisis Began

African American communities to lose $193 billion by 2012

Communities of color have lost billions in wealth since the current foreclosure crisis began, according…

By Deborah Creighton Skinner

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How to Calculate Your Net Worth

3 simple steps for gauging the value of your personal wealth

If you want to get a true gauge of your personal wealth, you need to…

By Renita Burns

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Investing 101: Which Method Will You Use to Invest?

Do you go it alone or use a financial adviser? Your answer will determine your investing plan

Before you get too far along in creating your investment plan, stop and take a…

By Patricia Stallworth

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Ask Your Advocate: Can I Be Taxed On a Canceled Debt?

The IRS has a few stipulations

I had a portion of my debt canceled after working out a debt settlement. A…

By Sheiresa Ngo

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Money Matters: Do I Need This Type of Insurance?

Or was I duped into spending more money than I need to?

Along with monthly mortgage payments, I pay an additional $16 for insurance that will automatically…

By John Simons

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News You Can Use

Boston investment banker Arnett Waters sifts through recent events to locate out-of-favor stock gems.

Arnett Lanse Waters is a bit of a news junkie. His best investment ideas, he…

By John Simons

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Free Your Mind

Its OK to be bullish again, but dont run blindly with the herd

Creating a dependable forecast of the economy is notoriously difficult. Tons of variables connect to…

By Mellody Hobson

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Research Stocks Like a Wall Street Professional

Learn that one special thing the pros look for before making an investment

The key to making good stock-picking decisions is cold, hard research. When you make individual…

By Renita Burns

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Thomas

Investing In Education

Dwayne Thomas is �getting his finances in order for life after law school

Dwayne Thomas learned all about the stock and bond markets as a finance major at…

By Carolyn M. Brown

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You Better Shop Around

Four steps to getting the best deal on a home loan

Some 92% of homebuyers finance their purchase with a mortgage, according to the National Association…

By Tara-Nicholle Nelson

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P

Find the Best Summer Travel Deals for Your Family

Vacations don't have to cost an arm and a leg. Here's how one family saves and still has fun

Summer vacations–whether for families, couples, singles or groups– don’t have to be expensive to be…

By Leslie E. Royal

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Investing 101: How to Create the Perfect Financial Plan

Don't wait. Prioritize your goals and get started now!

A good plan is key to a successful investment program. The basis or foundation of…

By Patricia Stallworth

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Get Ready for Changes to Your Debit Card

You can say buh-bye to those pesky overdraft fees, but you'll have to really watch your balance

As of July 1, new changes are coming to debit card overdraft fees. The Federal…

By Sheiresa Ngo

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Oil Spill Cleanup Scams

From bogus stocks to fake job opportunities, don�t let con artists get away with your cash

Whenever there’s an opportunity, scammers often find a way to use their dirty little tricks…

By Sheiresa Ngo

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Keeping Your Credit in Check

Our Wealth for Life segment reviews the new laws governing Credit Cards with Manyell Akinfe,…

By BLACK ENTERPRISE Broadcast Group

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Women & Money: Let’s Take on the World of Investing

To be successful, check your behavior and get out of your own way

Personal finance guru Patricia Stallworth begins a series on women and investing. First up, teaching…

By Patricia Stallworth

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Ask Your Advocate: Charge, Credit, Debit—What’s The Diff?

They're all plastic, but the features are not the same

I recently got an offer in the mail for a charge card. How is this…

By Sheiresa Ngo

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Cutting Edge: Protect Your Assets in Long-Term Relationships

Unmarried couples have a lot to lose, too

What are your legal rights when it comes to claiming assets at the end of…

By Renita Burns

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Who Should Have Your Social Security Number?

Protect one of your most valuable pieces of information

Last July, Harrine Freeman was at a gas station when thieves busted her car window…

By Tamara E. Holmes

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Money Matters: Books to Boost Your Financial I.Q.

5 selections that offer valuable lessons on all things related to money

What books would you recommend I study to increase my financial I.Q?

By John Simons

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Charge Up Your Portfolio with Small Caps

Dawn Alston Paige of Piedmont Investment Advisors recommends stocks that are benefiting from�and helping to power�economic recovery

Like all portfolio managers, Dawn Alston Paige uses complex formulas and algorithms to identify stellar…

By John Simons

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Credit Where It’s Due

As large banks fall out of favor, more consumers are turning to credit unions. Here�s why.

When Jeremy Treadwell needed a car loan, the recent college graduate turned to the financial…

By Robin White Goode

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Women & Money: Lessons From the Financially Independent

Living below your means is a tried and true method to gain�and keep�your wealth

Financial independence can sometimes be an illusive concept. So I think it is always helpful…

By Patricia Stallworth

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Your House is a Home—Not an ATM

Although property can serve as a valuable wealth-building too, it also serves a practical purpose�it's where you live

The nation may be in recovery mode but millions are still stuck in a financial…

By Earl "Butch" Graves Jr.

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iPhone Apps that Save You Money

Tools to help you keep a handle on debt, score great deals, and save some hard-earned cash

If you own an iPhone, you probably have dozens of apps and can’t wait for…

By Sheiresa Ngo

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Steer Clear of Moving Scams

From hidden fees to damaged belongings, unscrupulous movers can take you for a ride

Whether you’re relocating to another state or moving into your dream home, you should be…

By Sheiresa Ngo

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Women & Investing: Are You a Reluctant Investor?

Gain confidence by educating yourself and developing a financial strategy

Are you a reluctant investor? If so, you aren’t alone. Many women are hesitant to…

By Patricia Stallworth

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African American Wealth Gap Quadruples

High-income blacks have less wealth than middle-class whites

The wealth gap between white and African-American families has increased more than four times between…

By Deborah Creighton Skinner

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06WFL-Malcolm-Johnson

Rewriting the Financial Playbook

Pro athlete turned corporate executive Malcolm Johnson is on his game in helping his family prosper

Malcolm Johnson has had a good handle on his money since retiring seven years ago…

By Carolyn M. Brown

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Cutting Edge: 9 Tweeters for the Cost-Conscious

Twitter accounts sure to help you save a buck or two

I like to consider myself a connoisseur of “free.” Not just of free, but of…

By Renita Burns

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End Your Comfortable Relationship With Debt

Financial freedom gives you real control over your life, but it comes at a price

In many cases, the biggest determiner of whether or not you achieve financial independence lies…

By Patricia Stallworth

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Love, Money, and Marriage 101

Personal finance expert Dawn Brown, Senior Financial Advisor for Altfest, shares the money rules every…

By BLACK ENTERPRISE Broadcast Group

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Low-Cost Eco-Friendly Design Options for Your Home

Affordable strategies for greening your abode

Most families hear the word “green” or “eco-friendly” and immediately think that it means unaffordable.…

By Robin Wilson

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Cutting Edge: Beware of Selling Your Investment

Be sure that you understand the capital gains tax before you cash out

It was the final semester of my senior year in college and I was in…

By Renita Burns

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Millions Available to Pay for School

College scholarships for single mothers�and fathers, too

Women Who Rule the World, a one-day networking and dinner event sponsored by eLearners.com, a…

By Dale Coachman

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Who’s The Money Role Model for Your Kids?

Bring children along on your financial journey and teach them as you learn

When should you start teaching your kids about money? It’s best to start early, as…

By Patricia Stallworth

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Cutting Edge: When Your Employer Switches 401(k) Providers

How to figure out what it means for your portfolio

A few months ago, we received notice from our human resources department that we were…

By Renita Burns

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Women & Money: Prenups Aren’t Just for the Rich

If marriage is in your near future, it's time to have "the money talk"

As we head into the traditional wedding season, if marriage is in your near future,…

By Patricia Stallworth

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Recommended by Editorial Director John Simons: Personal Finance for Dummies by Eric Tyson (For Dummies, $22). Never mind the belittling title, this is a one-stop guide that covers everything from balancing a checkbook, and handling debt, to saving for retirement.

Required Reading: 20 Books to Boost Your Financial Literacy

Black Enterprise staffers recommend their favorite books on money and investing

Here in the offices of Black Enterprise, it’s hard to manufacture excitement about April’s federal…

By John Simons

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White House Makes Final Push for Financial Overhaul

President unveils five-point plan

President Barack Obama urged Wall Street Thursday to accept proposed regulatory reforms or risk a…

By Joyce Jones

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Cutting Edge: How NOT to Invest in a Mutual Fund

Do a reality check on financial product offerings coming into your community

I never quite understood how subprime lending was able to ravage so many communities until…

By Renita Burns

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It’s Time to Celebrate Financial Literacy Month!

Here are some great resources to help you boost your money I.Q.

April is Financial Literacy Month! And I want to take a break on our journey…

By Patricia Stallworth

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When Identity Theft Hits Close to Home

What to do when a family member steals your identity

Imagine if when you were a child, one of your parents opened a few credit…

By Renita Burns

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Ask Your Advocate

I try to take advantage of deals when I go shopping and compare prices. But…

By Sheiresa Ngo

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Does God Have a Place in Your Portfolio?

A growing number of ETFs and mutual funds attempt to appeal to religious investors

What’s God got to do with investing? Increasingly, quite a bit.

By Sheryl Nance-Nash

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Money Matters: Will Withdrawing Cause More Hardship?

I’d like to make a hardship withdrawal from my Fidelity 401(k). How much will I…

By John Simons

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Who’s in Your Wallet?

New money management Websites offer convenience, but safety is a concern

Sites like Mint.com, Wesabe.com, and Buxfer.com tout their ability to let you handle everything from…

By Bridget McCrea

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In Search of Small Wonders

Portfolio manager Kempton Ingersol makes a case for his favorite small-cap stocks

Kempton Ingersol’s job is considerably more fun than the average portfolio manager. Ingersol, who is…

By John Simons

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Following Her Heart

Tracie Alexander goes back to school to fulfill her dream and boost her income potential

Many people dream of making a living doing what they love. However, earning a self-sustaining…

By Dale Coachman

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Don’t Walk Away

Weigh the pros and cons before you walk away from your home

Until recently, owning a home was the wealth-building move. These days, many homeowners are contending…

By Tara-Nicholle Nelson

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05WFL-Hardaway-LIVE

Financial Challenge

Single mom Sophonia Hardaway attempts to balance �competing goals

Sophonia Hardaway saves for her daughter’s ­college education as a way to honor her own…

By Carolyn M. Brown

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College Aid 101

How to save the most money and still remain eligible for the best financial aid package

Although inflation is relatively dormant in most areas of the economy, it’s running wild on…

By Donald Jay Korn

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Learning From the Kennedy Green House Restoration

Turning a mold-infested house into an eco-healthy home

Eco-designer Robin Wilson discusses the Kennedy Green House restoration, and how you can green your…

By Robin Wilson

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MasterCard Opens Online Store

Another advancement for online shopping, but be sure to protect your privacy and your money

Do you like to shop online? If you do, one credit card company would be…

By Sheiresa Ngo

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Women & Money: Beware of Self-Defeating Behaviors

How you handle financial obstacles will determine whether or not you reach your final destination

There’s no doubt that on your journey to financial independence, you are going to run…

By Patricia Stallworth

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Cash for Clunker Appliances: Time is Running Out

Don't delay�get your rebate before it's gone

If you’re planning to take advantage of the appliance rebate program, you better put some…

By Sheiresa Ngo

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Cutting Edge: Finding the Best Money Market Account

It�s not just about the interest rate

My money market account and I are on the outs since the interest rate continues…

By Renita Burns

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Women & Money: What’s Your NET Worth?

To scout out a path to financial independence, you need to know where you are starting from

Creating a financial plan is essential as you move toward financial independence. Analyze where you…

By Patricia Stallworth

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Are Black Folks ‘Scrubs?’

Although we've made great progress, we're still "sitting on the passenger side" of American wealth

I’m talking about the scrub described in TLC’s lyrics: “Sitting on the passenger side of…

By Eric D. Grant

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Pick the Right Financial Professional

The difference between a CFP and a CPA and more

Financial advisers aren’t all created equal. They each come with their own set of credentials…

By Bridget McCrea

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Ask Your Advocate: Protecting Your Identity While Shopping

Know your rights when asked for ID

When I pay for an item with a credit card, sometimes I’m asked to show…

By Sheiresa Ngo

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Money Matters: Managing Retirement Accounts

I have a few retirement accounts set up. Can you provide me with a list…

By John Simons

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Buying Retail

Analyst Liz Dunn identifies merchants that are boosting their consumer (and investor) appeal

If you want to know how the American shopper feels from one month to the…

By John Simons

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Find the True Meaning of Green

How to investigate the Earth-friendly claims of companies before you invest

The common complaint about “green”
stocks and mutual funds is that they’re great for the…

By Bridget McCrea

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Get Ready for the New Normal

The financial crisis will have lasting effects��most of them positive

In the aftermath of the economic crisis, a number of financial pundits are spreading fear…

By Mellody Hobson

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A Profile In Courage

What you can learn from one woman�s legal victory over the IRS

An audit notice from the Internal Revenue Service can send shivers down the spine of…

By Renita Burns

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Cyberwise: How to Choose an E-Reader

I really want to get an e-reader, but I’m not sure which one is right…

By Dale Coachman

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Catch the International Flight

More Americans are investing in emerging markets abroad. Here's how your money can thrive, too.

First, the good news. The stock market crash of 2008 lasted through March 9, 2009,…

By Donald Jay Korn

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Beware of Census Scams

Fill out your form, but keep in mind these four tips to keep you and your information safe

It’s that time again. The deadline to submit your census form is drawing near–April 1,…

By Sheiresa Ngo

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Women & Money: Don’t Forget to Plan

It�s time to consider exactly where are we going and how will we know when we get there

As we travel down the road to financial independence, it’s time to consider one huge…

By Patricia Stallworth

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Bank of America Offers Bailout to Homeowners

Plans to extend $3 billion in loan forgiveness to 45,000 homeowners struggling to stay afloat

If you have a mortgage with Bank of America, and you’re extremely underwater, you just…

By Sheiresa Ngo

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Build A Budget For Yourself—And Cousin ‘Pookie’

The term sounds restrictive, but budgeting is really an exercise in financial empowerment

The word itself sounds and feels restrictive. Budget. When you hear the term, you think…

By Eric D. Grant

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Growing The Net Worth of Black Women

Don't just be alarmed that the median net worth of black women is only $100�do something about it.

Don’t be alarmed by the recent news that African American women only have a median…

By Sakina P. Spruell

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Long-Term Investing to Create the Future You Deserve

Despite volatility, the markets will continue to offer the returns you need to reach your financial goals.

In today’s unpredictable environment, far too many of us operate in survival mode, suffering from…

By Earl "Butch" Graves Jr.

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Protect Your Privacy

Once it's gone, it�s hard to get it back. Avoid these three common mistakes.

In this fast-paced, digital age, everyone is connected. Unfortunately, that makes it very easy for…

By Sheiresa Ngo

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Investing Rules for Women: Invest for Your Retirement

Once you start putting money in that retirement purse, don't take it out

There are countless resources available to help you learn the fundamentals of investing. This week,…

By Sheiresa Ngo

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Cutting Edge: Resisting the Credit Temptation

What to do when you can't say no

When saying no to that impulse purchase is just too hard

By Renita Burns

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Investing Rules for Women: Don’t Go it Alone

Investing with a group lightens the workload

There are countless resources available to help you learn the fundamentals of investing. This week,…

By Sheiresa Ngo

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Pep Talk: Ready to be Debt-Free

How can I get on track if I am always in the hole?

I’m a 32-year-old mother of two and I’ve spent a great deal of time living…

By Tennille M. Robinson

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Investing Rules for Women: Educate Yourself

Learning the ins and outs of investing, saving, and budgeting

nce you start investing, it’s important not to lose sight of your financial goals. Whether…

By Sheiresa Ngo

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Six Ways to Save

These tips will help you build a cash cushion in no time

Whether you need a professional financial plan or just a “Savings 101” refresher, these six…

By Keesa Schreane

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Why Financial Planning Ain’t Just For The Rich

Think professional help is too rich for your blood? A financial adviser comes clean.

Let’s say you’re a first year school teacher, with a Masters degree, and you’re making…

By Eric D. Grant

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Investing Rules for Women: Get Over Your Fear

Become familiar with the culture of investing

One way to get over your fear is to become familiar with the culture of…

By Sheiresa Ngo

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Investing Rules for Women: Start Early

Sure, investing can be intimidating. And if you’re averse to what can appear to be…

By Sheiresa Ngo

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Food for the Journey

Budgets are necessary tools to help you reach your financial goals. Here's how to get started

According to Napoleon, an army marches on its stomach. On our journey we need something…

By Patricia Stallworth

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Overlooked Tax Breaks

Don�t miss out on tax credits you might be eligible for.

Though you have three years to file an amended return if you missed out on…

By Tamara E. Holmes

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To Save and Protect

Answers to the 10 most commonly asked questions about taxes and estate planning

Tax planning and estate planning are important—especially for women. Since 80% of married women will…

By BLACK ENTERPRISE Editors

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Drafting a Financial Plan

Dion and Sherrunda Adkins aim to build a solid future for their family

Dion and Sherrunda Adkins both grew up in families that struggled financially. “In our family…

By Sheryl Nance-Nash

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Navigating the Abyss of Airline Customer Service

Steps for getting a complaint resolved

I flew the friendly skies for my honeymoon last month. The honeymoon was great but…

By Sheiresa Ngo

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Cutting Edge: Bank of America Ends Overdraft Fees

Customers may find relief in new policy nixing the extra charges

Bank of America customers say sayonara to overdraft fees.

By Renita Burns

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Happy Anniversary, Investors!

One year into the financial market rally, will booming stock performance continue?

Financial experts weigh in on why the S&P 500 market has bounced back so powerfully,…

By Marcia Wade Talbert

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How Do I Make Money Now?

It takes time to reach your financial goals, but you can take steps to ensure a smoother journey

Sooner or later there comes a time on every journey, real or virtual when someone…

By Patricia Stallworth

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Cutting Edge: Check Yourself with Self-Checkout

How paying more attention can save you dollars

When it comes to budgeting your dollars, paying attention to every detail—from the coupons you…

By Renita Burns

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Ask Your Advocate: Winter Heating Bill Woes

How to lighten the load on your wallet

My heating bill tends to be very high each winter. What can I do to…

By Sheiresa Ngo

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The Homebuyer’s Toolkit: Do it Yourself!

Today's lesson: Patching a hole in your drywall

From time to time, you may have to make interior improvements to your home such…

By LaToya M. Smith

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Ask Your Advocate: How To Get Your Unclaimed Tax Refund

How do I find unclaimed money?

I’ve moved a lot over the last five years and I sometimes don’t fill out…

By Sheiresa Ngo

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Family Ties

How three generations of one family work together to build a financial legacy

Avery Allen isn’t your typical 12-year-old. Unlike most of his peers, he doesn’t see his…

By Bridget McCrea

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Talking Points: UNCF Colleges More Affordable Than Their Peers

The 39 HBCUs that are members of the UNCF cost less than comparable institutions.

By Deborah Creighton Skinner

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Investing Rules for Women

These tips will make your money grow

Sure, investing can be intimidating. And if you’re averse to what can appear to be…

By Sheiresa Ngo

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Green Credit Cards

Is an environmentally conscious credit card right for you?

Everyone close to Chanté Evans, 30, knows
being “green” is a priority for her. Each year…

By Leslie E. Royal

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Money Matters: College Savings Vehicles

Sending a nephew to college

Last December, I became the primary caregiver of my late sister’s 5-year-old son. I’m currently…

By John Simons

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Building Wealth

Ebony Smith seeks the tools to increase her net worth

Ebony Smith says losing her job was a blessing in disguise. In 2008, the former…

By Sheryl Nance-Nash

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Investing Lessons From a Billionaire

Mega-investor Michael Lee-Chin espouses a unique philosophy

It’s one of the most basic ideas in investing: Diversify and spread risk along various…

By Alan Hughes

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Cents and Sensibility

Steve and Pamela Cromity teach their children about saving, spending, and giving

Steve and Pamela Cromity possess all the trappings of upper-middle-class comfort. But the key to…

By Marcia Wade Talbert

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Investment Strategies for Women

Wealth for Life continues its “Women & Money” series with financial commentator Dale St. Claire…

By BLACK ENTERPRISE Broadcast Group

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Poll: More Consumers Going the DIY Route for Taxes

E-filing can save filers money on preparation fees

It’s tax-filing season, and whether taxes are done in January or at midnight on April…

By Marcia Wade Talbert

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The Best Offense: Defensive Investing

You don�t have to be a billionaire to use hedge fund tactics in your portfolio

Why do wealthy investors and institutions pay millions of dollars in admission fees to get…

By Donald Jay Korn

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Green Investing

Money manager Isaac Green's advice on where to put your money as the economy recovers

In the dot-com-crazed ’90s, a good number of investment firms chased big returns by employing…

By Alan Hughes

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Credit Card Reform Starts Today

Consumers gain rights with new provisions

The landmark legislation that Obama signed in the spring of 2009 that was designed to…

By Renita Burns

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It’s All About You … and Money

Strategies to take control of your financial future

Welcome to the Women & Money Blog! Join personal financial expert Patricia Stallworth each week…

By Patricia Stallworth

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Get Ready For The New Credit Card Rules

Excellent advice from the National Foundation for Credit Counseling

The clock is ticking toward implementation of the Credit Card Accountability Responsibility and Disclosure Act…

By BLACK ENTERPRISE

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How to Tell if You Need a Financial Planner

Here are some reasons people decide to work with an adviser

Families and individuals seek out financial advisers for any number of reasons. The National Association…

By Bridget McCrea

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2009 Tax Tips

Take advantage of these tax changes for 2009

Take advantage of these tax changes for 2009.

By Tamara E. Holmes

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The Cutting Edge: Uncle Sam Gives Back to Students

Tax credits for textbook purchases expanded

Looks like Uncle Sam has a little treat for cash-strapped college students.

By Renita Burns

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Staying on Track

Dasha Lundy seeks to establish a strong financial foundation-with or without a mate

Like mother, like daughter. And that’s just fine by Dasha Lundy. Her mother taught her…

By Sheryl Nance-Nash

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A Woman’s Guide to Financial Planning

Wealth for Life looks at a woman’s guide to financial planning with BLACK ENTERPRISE Consumer…

By BLACK ENTERPRISE Broadcast Group

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Poll: Paying the Tax Man

Share your thoughts on tax day

Who will prepare your taxes this year?

By BlackEnterprise.com

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The Cutting Edge: Standardized v. Itemized Deductions

How to decide which is best for you

I got to tweeting with a friend about filing tax returns. Specifically, we were discussing…

By Renita Burns

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The Homebuyer’s Toolkit: Choosing the Right Neighborhood

When purchasing a home, it�s all about location, location, location

Found the perfect house? Make sure the environment is equally ideal. There’s nothing to be…

By LaToya M. Smith

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BE/Walmart Economic Forum

Recap of the Black Enterprise/ Walmart Economic Forum.

By BLACK ENTERPRISE Broadcast Group

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The Cutting Edge: Why The IRS Might Pick On You

How the IRS chooses which tax returns to audit

Ever wonder how the IRS chooses to audit someone? Well, wonder no more.

By Renita Burns

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How Safe Are My IRA Funds?

Are my retirement funds also safe under FDIC protection or should I move that money…

By Carolyn M. Brown

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A Life Raft for Student Loan Borrowers

Task force recommendation could lessen repayment load

If you’re experiencing financial difficulty, student loan payments can feel like a weight on your…

By Sheiresa Ngo

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Money Matters: Preparing for Retirement

Ask yourself key questions to reveal how best to structure your investments

I’m 61 years old and would like to retire in seven years. I have…

By John Simons

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When Should You Refinance?

How to know when it�s time to apply for new mortgage terms

When 32-year-old James W. Johnson of Raleigh, North Carolina, bought his first home five years…

By Tamara E. Holmes

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A Woman’s Guide to Money Management

Now is the time to plan your financial future

Creating a financial plan should be on everyone’s to-do list. Financial planning is not solely…

By Sheiresa Ngo

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Play Games with Your Money

Having fun is a great way to get over your fear of investing

If you’ve always wanted to start investing but have always been afraid of losing money,…

By Sheiresa Ngo

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Credit Inquiries—Hard Pulls vs. Soft Pulls

Here's the lowdown on how multiple inquiries impact your credit score

Learn how certain types of inquiries on your credit report can impact your credit standing.

By LaToya M. Smith

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Cutting Edge: Move Your Money

Consumers offer banks a lesson, but will they learn?

Can you be part of the campaign to move your accounts from large banks to…

By Renita Burns

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Demystifying the Mortgage Modification Process

Rainbow/PUSH Coalition counselor advises delinquent homeowners

Loan modification counselor discusses when homeowners should modify their loan, why banks are not modifying…

By Marcia Wade Talbert

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What to Know Before You Donate to Haitian Relief

There�s nothing charitable about getting scammed

Before you give to any organizations, here are a couple of tips to help you…

By Renita Burns

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The Homebuyer’s Toolkit: Title Insurance

Understand what title insurance can protect you from before buying a home

Buying a home entails much more than I anticipated. Just when I thought I had…

By LaToya M. Smith

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3 Things to Know About Debt Collectors

What they can and can�t do when collecting on a debt

While the days of debt collectors sending sheriffs to your home are long gone, for…

By Renita Burns

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Auto Financing or Bust

Getting auto financing when you�ve been rejected

After months of sputtering hither and to, days spent in the shop, and that noxious…

By Renita Burns

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Andersons Complete Year of ‘Buying Black’

Empowerment Experiment family discusses challenges, triumphs

The Empowerment Experiment’s Anderson family discuss the successes that kept them empowered, the struggles that…

By Marcia Wade Talbert

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The Homebuyer’s Toolkit: Condo or Co-Op?

What you need to know before buying a condo or co-op

If shoveling snow, mowing the lawn, and general maintenance is not up your alley then…

By LaToya M. Smith

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Help! My Dad Has a Credit Card in My Name

What to do when a family member steals your identity

When “Jonathan” was 14-years-old, his Dad opened a few credit cards and acquired a few…

By Renita Burns

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Money Matters: Should I Ditch My Home?

Maintain your mortgage payments (if you can) even if you're "underwater"

I don’t have equity in the home I bought three years ago. When is it…

By John Simons

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Women of Power

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Women of Power: 10 Entrepreneurs at the Top of Their Game

With research showing women as the leading forces in entrepreneurship, we rounded up a list…

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leaders in fashion

Women of Power: Top 10 Leaders in the Fashion Industry

As New York Fashion Week continues, we’ve rounded up 10 power women of color in…

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