Money Archives - Page 16 of 153 - Black Enterprise

Money

Cozette M. White (Image: Kennis McDaniel)

Cozette M. White Creates Chore System That Teaches Kids About Money and Wealth

Kids earn money, not burn through their parents' money

Cozette M. White is on an unapologetic mission to transform lives and bank accounts.

By Roz A Gee

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many 18_wealth gap

College Not Closing Wealth Gap for Blacks

Federal Reserve study finds massive wealth gap between Black and White College Grads

Surprisingly, the research finds that blacks with a college education not only fared worse financially…

By Stacey Tisdale

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RAISE ENOUGH MONEY BEFORE OPENING FOR BUSINESS

Redding opened up Amy Ruth’s in 1998 with a $73,000 investment and it went on to become a $3 million company. While that achievement is to be lauded, under further inspection it should also to be avoided because Redding launched his business undercapitalized, a trend that he believes is all too common for many African American-owned businesses. “As Black people we always end up opening businesses underfunded,” he notes. “Due to that we rob Peter to pay Paul and don’t pay taxes or purveyors or utilities. Redding knew that opening his latest restaurant would mean securing enough funding—$2 million to be exact. The only way he was able to achieve that round of fundraising was by revising his business plan, something that he recommends for every entrepreneur looking to start over. “You have to put your new business together with a solid business plan so that you can get proper funding.”

Want to Save More? Give Your Savings Account a Name

Strategies for building savings and peace of mind

Lapin says in order to eliminate stress around savings make it personal, “it’s time to…

By Stacey Tisdale

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Hattie Wilson

How Buying a Historic Home Can Save You Money

Hattie Wilson's story of becoming a homeowner

Choose a good realtor. Inquire about available properties in historic districts. Select a realtor that…

By Stacey Tisdale

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(Image: Martin Bernetti | AFP | Getty Images)

Ecuador is the World’s First Country with a Public Digital Cash System

Government is pushing for paperless currency in an effort to aid the troubled cash economy

Ecuador is the world’s first country with a public digital cash system, adopted to help…

By Brittany Dandy

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(Image: Thinkstock)

[STUDY] Blacks are Increasingly Optimistic and Confident About Money

Prudential study finds growing financial savvy and affluence among African Americans

Through its research, however, Prudential turns the spotlight on the often overlooked fact that the…

By Stacey Tisdale

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life insurance 2

[WATCH] Make Sure Your Loved Ones Benefit From Your Estate

Financial protection from the trials and tribulations of estate planning

Not only do battles over estates come between family members, but even when individuals do…

By Stacey Tisdale

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32pped map

Black Employment Picture Varies Sharply in Different States

National data not telling the whole story

The story the numbers paint, however, would be a difficult one to sell to people…

By Stacey Tisdale

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life insurance 2

[STUDY] Blacks Own More Life Insurance Than Whites

Why blacks are at the top of the life insurance gap

While the reasons behind the higher rates of coverage reflect social disparities that play out…

By Stacey Tisdale

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The Hon. Lauren Lake, host of Paternity Court

5 Legal Matters Prospective Parents May Want to Consider

Lauren Lake, of Paternity Court, talks financial planning for new families

Lauren Lake of ‘Paternity Court,’ shares five legal matters that prospective parents may want to…

By Brittany Dandy

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Chris and Mariah (2)

Image Maker to Celebs Like Mariah Carey Shares Tips on Protecting Wealth

Chris Chambers discusses financial pitfalls and successes

Chambers says a common thread in clients he has seen do well with money is…

By Stacey Tisdale

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(File: Image)

How Strong Is Your Money Mindset?

Financial Planner, Michael F. Kay provides tips on how to determine your economic success

Use these tips to squeeze the gap between your economic potential and see results.

By Karima Mariama-Arthur, Esq.

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OlderBlackCouple

Retiring Your Debt Before You Retire

3 tips that can lighten your debt load

Research shows that workers with debt are worried about retirement. This story offers tips on…

By Stacey Tisdale

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mortgage-rates

What Higher Rates Will Mean for Homebuyers and Homeowners

Federal Reserve Chairwoman indicates rates are rising soon

The Federal Reserve is expected to raise interest rates as soon as September. What does…

By Stacey Tisdale

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(Image: File)

[VIDEO] “Being Mary Jane” Producer Mara Brock Akil Gets Real About Passion and Money

Akil shares her secrets for creating financial security at every stage of her career

Mara Brock Akil sat down with BE Senior Editor Stacey Tisdale and shared how she…

By Stacey Tisdale

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(Image: File)

Why You Need Life Insurance for Your Child

It can help your child pay for college and a home

Needless to say, it is very difficult to talk to people about getting life insurance…

By Stacey Tisdale

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Uganda Prime Minister

Uganda Prime Minister Discusses Entrepreneurship and Investing as Obama Visits Africa

Prime Minister talks about efforts to increase foreign investment and economic growth

BE talks with Prime Minister of Uganda, Rohakana Rogunda, as President Obama visits Africa to…

By Stacey Tisdale

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(Image: Flickr)

Congress and Church Take Aim at Payday Lending

Protecting communities from high rate loans

Congress and members of the clergy take aim at the payday lending industry and how…

By Stacey Tisdale

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(Image: File)

How to Choose the Best Car Insurance

Get the most coverage at the best price

Whether you need car insurance for the first time or are shopping around for a…

By Denise Campbell Laidler

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BE_Dining Out_huffpost.com 2

10 Savvy Ways to Save Money Dining Out

Smart ways to indulge in your favorite culinary pasttime

We all know that dining out can be prohibitively expensive. But making smart decisions can…

By Denise Campbell Laidler

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How To

Startups

How to Start a Profitable T-Shirt Business

T-shirts are contemporary wardrobe staples for men, women, and children today. Building an online T-shirt…

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(Image: Getty Images)

How to Invest in Cannabis Stocks

While some stocks in these sectors have been high fliers, even more have gone bust…

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