July 30, 2014 2:15 PM • Log InREGISTER
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John Hope Bryant Talks about Project 5117 Wells Fargo Home Lending Launches Home Ownership Contest Credit Survey Reveals Differences Between Millennials and Older Adults Sherri Shepherd Prenup Details Modest Payments For Husband Budgeting for Success Bank of America, Twitter, Nintendo Among Most Damaged Brands OneUnited Bank President Teri Williams Talks About Homeownership First-Time Home Buyers Might Have Easier Time Getting Mortgage Sallie Mae and Navient to Pay $97 Million for Student Loan Violations Organization Proposes Changes to myRa OneUnited Bank President Teri Williams Talks About UNITY Visa Card More Landlords Checking Credit National Moving Month: Watch Out for Scams OneUnited Bank President Teri Williams Talks About Book, ‘I Got Bank’ Changes to Student Loans Might Be Coming Your Way Study: Older Americans Struggle with Mortgage Payments How to Choose a Credit Counseling Agency Throwback Thursday: Money Tips for New Grads Author Q and A: Confessions of a Credit Card Junkie (Part 2) Watch out for Jury Duty Scams Five Tax Tips For Writing Off Vacations for Your Business 4 Ways to Protect Your Credit During Vacation Government Creates Reserve to Prepare for Gas Shortages Target CEO Steps Down in Wake of Data Breach Money Quiz: Signs You’re Headed Back Home to Live with Your Parents Groupon Offers New Bulk Service Author Q and A: Confessions of a Credit Card Junkie Get Your Finances in Order before a Storm Strikes Personal Income Slightly Rises in April Target Switches to Chip-and-PIN Cards after Data Breach The Effects of the Minimum Wage Block on African Americans Financial Literacy Month: Dealing with Dirty Debt Collectors Walmart Launches Auto Insurance Comparison Service CFPB Officials Face Subpoena Financial Literacy Month: By the Numbers How to Save Money on Travel Verizon Report Shows How Criminals Breach Your Data Could Deceptive Airline Fees Make a Comeback? How to Get a Transcript or Copy of a Prior Tax Return Contracts to Purchase Homes are on the Rise Financial Fraud Ring Uncovered Consumer Confidence Reaches 9-Month High Student Loan Rates Expected to Rise How One New Grad Survived Financial Life after College Jon Bon Jovi Helps Build Low-Income Housing Financial Literacy Month: Dealing with Debt That’s Out of Control The CFPB Proposes E-Closing Pilot Program IRS Involved in Bonus Scandal Do You Have a Private Student Loan? Watch Out for “Auto Default” Poll Reveals Consumers are Embarrassed By Their Credit Scores Virtual Tellers Might Be Coming to a Bank Near You Walmart Offers New Money Transfer Service Disney World Proposes Raising Wages to $10 an Hour App Helps Consumers Spot Suspicious Charges Personal Finance Author Manisha Thakor Talks About Women and Money Jobless Rate Down in 21 States 2.6 Million Cards Affected in Data Breach at Michaels Stores Median Weekly Earnings of U.S. Workers on the Rise Time Series Payment Data Now Part of Credit Reports Proposed Bill Could Make Retailers Liable for Data Breach Hip-Hop’s Wealthiest Artists for 2014 Free Credit Scores? A Bill May Make This a Reality What to Do if You Make a Mistake on Your Taxes Better Business Bureau Warns Consumers of Fake USPS Emails How to Apply a Tax Filing Extension Fake Credit Unions Steal Millions from Consumers Social Security Stops Collecting on Old Taxpayer Debts How to Deal With a Financial Crisis Harlem Tenants Fight Landlord Who Allegedly Won’t Make Repairs How to Qualify for the FHA Back to Work Program Black Women in the Last 50 Years: How Far Have We Progressed? What to Do if You Can’t Pay Your Tax Bill Federal Housing Official: ‘There’s Help Available for Struggling Homeowners’ 5 Tips for Talking to Your Spouse About Finances New Tax Tool Helps LGBT Couples With Filings To Avoid Costly Mistakes Do Age, Gender and Marital Status Matter When it Comes to Car Insurance Payments? How Can You Spend 1 Penny to Get Wal-Mart Workers off Food Stamps? Maryland Passes Minimum Wage Raise, Raised to Over $10.00 Wells Fargo Introduces Interactive Tool for Parents and College Students Toyota Recalls 6.39 Million Cars Tax Deadline Approaching! Here Are Some Last-Minute Tax Tips U.S. Creates 192,000 Jobs in March Alabama Restricts Welfare, Requires Drug Testing for Applicants Love and Money: Should You File a Joint Tax Return? Financial Literacy Month: Five Tips for Financial Well-Being 3 Lessons to Teach Your Kids About Money Personal Finance Word of the Day: Consumer Confidence Results of the 2014 NFCC Financial Literacy Survey How You Can Celebrate Financial Literacy Month 4 Ways To Boost Your Money IQ For Financial Literacy Month What You Should Know Before Investing in Municipal Bonds What Young Adults Think of the Affordable Care Act What Business Owners Should Know about the Affordable Care Act What Consumers Should Know about the Affordable Care Act 4 Interesting Credit Facts Fandango and Credit Karma Settle FTC Charges of Consumer Deception Consumer Spending and Personal Income Rise Personal Finance Word of the Day: Stress Test Would You Use a Cardless Mobile ATM? Minor Violations Can Cause Car Insurance Costs to Spike BlackBerry, Red Lobster, and Four Other Big Brands That Could Go Out of Business Have a Bad Credit Score? Here’s 4 Ways to Increase It Consumers Allowed More Time for Health Care Enrollment How To Blow The Whistle On A Tax Cheat Howard University Professor Gives Tips on Handling Economic Stress in New Book American Workers Still Struggling to Save for Retirement Personal Finance Word of the Day: Frugal Fatigue Lost Control of Your Finances? Here’s 5 Ways to Get Back on Track Personal Finance Word of the Day: Ponzi Scheme [Video] Are You an Unemployed College Grad? Here’s How to Manage Your Money Personal Finance Word of the Day: Identity Theft [Video] Identity Theft Listed as Top FTC Consumer Complain in 2013 Personal Finance Word of the Day: Tax Filing Extension Didn’t File Your Taxes in 2010? You Can Now! Tennessee Ranks No 1 With Highest State-Local Sales Tax, Hurting Local Businesses Personal Finance Word of the Day: Prepaid Card [Video] Pensions: Should You Take a Lump Sum or Monthly Payout? Consumer Financial Protection Bureau to Update Prepaid Card Disclosures Personal Finance Word of the Day: Rally [Video] 3 Tax Audit Triggers To Avoid Watch Out for Malaysia Airline Scams on Facebook Are You Living Paycheck to Paycheck? [Infographic] Tax Tip: Paying for Medical and Dental Expenses [Video] Personal Finance Word of the Day: Adjustable-Rate Mortgage Tax-Time Identity Theft: The IRS Tells You What to Do [Video] Personal Finance Word of the Day: FINRA What to Do If Someone Else Gets Your Tax Forms 7 Tax Tips for Your Home-Based Business 4 Things You Should Know About Bartering How to Invest in Emerging Markets [Infographic] Personal Finance Word of the Day: Uniform Transfer to Minors Act You Could Win Mega Millions And Still End Up Broke Charity Impersonation Listed as One of the IRS “Dirty Dozen” Tax Scams An Analysis of Money Laundering [Infographic] Personal Finance Word of the Day: Average Daily Balance Website Mistakes that Cost You Money [Infographic] Inflated Refunds Listed as One of the IRS “Dirty Dozen” Tax Scams Personal Finance Word of the Day: Mid-Cap Fund Personal Finance Word of the Day: Credit Utilization Ratio Don’t Get Hustled In Your Search for a Good Side-Hustle A New FICO Scoring Model is Coming Your Way The Anatomy of a Credit Card Payment [Infographic] Find a Real Estate Deal in the Next Hot ‘Hood A Brief History of Taxes [Infographic] Track Your Tax Refund [Video] Personal Finance Word of the Day: Tax Avoidance Transaction The Case for Investing in Global Fixed Income Personal Finance Word of the Day: Meeting of Creditors An Asset Allocation Guide [Infographic] How to Change Your Bad Money Habits [Infographic]

Money

John_Hope_Bryant2

John Hope Bryant Talks about Project 5117

Black Enterprise spoke with John Hope Bryant to learn more about Project 5117, an…

By Sheiresa Ngo

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black-homeowners-300x232

Wells Fargo Home Lending Launches Home Ownership Contest

Up to $750,000 will go to three lucky winners

If you’re in the market to purchase a new home, you might be excited to…

By Sheiresa Ngo

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credit-card-shopping-620x480.jpg

Credit Survey Reveals Differences Between Millennials and Older Adults

Younger card holders less likely to request free credit reports

The Consumer Federation of America and VantageScore Solutions recently unveiled their fourth annual survey on…

By Sheiresa Ngo

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Sherri-Shepherd-expecting-a-baby-black-enterprise

Sherri Shepherd Prenup Details Modest Payments For Husband

The View co-host agrees to a small, one lump sum payment to husband

With a messy divorce battle brewing, Sherri Shepherd reveals prenup details for a small one…

By Courtney Connley

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how-to-budget-beginners

Budgeting for Success

Careful budgeting allowed former football player Michael Jackson to start his dream business

Becoming a sports star can be a dream-come-true. However, for many athletes, that dream quickly…

By Sheiresa Ngo

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bank-of-america

Bank of America, Twitter, Nintendo Among Most Damaged Brands

Reputation of nine high profile brands that are taking a hit

Some brands have stellar reputations as a result of innovation, well thought-out marketing strategies, and…

By Carolyn M. Brown

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new-homeowner-620x480

OneUnited Bank President Teri Williams Talks About Homeownership

Bank veteran discusses new mortgage program

Even though Financial Literacy Month has come and gone, it’s never too late to discuss…

By Sheiresa Ngo

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home-buyers-couple-300x232.jpg

First-Time Home Buyers Might Have Easier Time Getting Mortgage

New policies are in the works

Federal regulators are working on new policies that might make it easier for first-time home…

By Sheiresa Ngo

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student loan

Sallie Mae and Navient to Pay $97 Million for Student Loan Violations

Government says 60,000 service members affected

The Departments of Education and Justice, and the Federal Deposit Insurance Corporation are cracking down…

By Sheiresa Ngo

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retirement

Organization Proposes Changes to myRa

Among the proposals to assist consumers with saving for retirement, is President Obama’s  proposed myRA…

By Sheiresa Ngo

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(Image: Thinkstock)

OneUnited Bank President Teri Williams Talks About UNITY Visa Card

(Image: Thinkstock)
Even though Financial Literacy Month has come and gone, it’s never too late to…

By Sheiresa Ngo

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credit-card-use

More Landlords Checking Credit

If you’re looking to rent a new apartment, you’ll have to look at not only…

By Sheiresa Ngo

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Moving-In-300x232

National Moving Month: Watch Out for Scams

Take heed to these tips to avoid fraudsters

May is National Moving Month, and if you plan to move anytime soon, it’s important…

By Sheiresa Ngo

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Teri-Williams-one-united-bank

OneUnited Bank President Teri Williams Talks About Book, ‘I Got Bank’

Financial services leader also details advice on financial fitness advocacy

Teri Williams, president at OneUnited Bank, talks her book, financial literacy, and the importance of…

By Sheiresa Ngo

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students-school-scholarships-300x232.jpg

Changes to Student Loans Might Be Coming Your Way

Proposed White House budget makes room for programs like "Pay as You Earn"

In March, President Obama revealed his proposed budget for next year, with a portion reserved…

By Sheiresa Ngo

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Initiative may help some homeowners stay afloat.

Study: Older Americans Struggle with Mortgage Payments

The retirement plans of older homeowners are being affected by the fact that many are…

By Sheiresa Ngo

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Credit Cards

How to Choose a Credit Counseling Agency

If you run into financial troubles, you may find yourself seeking the assistance of a…

By Sheiresa Ngo

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

Throwback Thursday: Money Tips for New Grads

You're out of school and (if you're lucky) on the job. Next: a plan to manage your cash

If you’re among the young adults who have just graduated from college and landed their…

By Sheiresa Ngo

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black-woman-shopping

Author Q and A: Confessions of a Credit Card Junkie (Part 2)

Author Beverly Harzog shares her struggles with credit cards in new book

Credit cards can help in times of an emergency. They are also necessary to help…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

Watch out for Jury Duty Scams

Prince George’s County recently sent a message out to its residents, warning them about a…

By Sheiresa Ngo

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taxesforms

Five Tax Tips For Writing Off Vacations for Your Business

Combining business with pleasure can pay off

Check out these tax strategies for small business owners to help save money by deducting…

By Carolyn M. Brown

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Credit Cards

4 Ways to Protect Your Credit During Vacation

Don't let a financial bind ruin a good time

Don’t leave home without heeding this advice on protecting your credit while on vacation or…

By Sheiresa Ngo

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(Image: Thinkstock)

Government Creates Reserve to Prepare for Gas Shortages

Two years ago, Superstorm Sandy caused massive property damage and forever changed the lives of countless…

By Sheiresa Ngo

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target

Target CEO Steps Down in Wake of Data Breach

Target Corp. announced the replacement of Chief Executive Gregg Steinhafel on Monday. He had been…

By Sheiresa Ngo

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The "forgetful" borrower. Don't be surprised when you lend money to a cousin or your favorite uncle and you never get it back. If you lend money to a family member, consider it a gift. Family members are usually the worst when it comes to repaying a loan. So when Christmas comes around and they find an empty box under the tree, say Christmas came early—when you “lent” them $200 earlier in the year.

Money Quiz: Signs You’re Headed Back Home to Live with Your Parents

Take this quiz to see if your money habits will land you back in your parents' abode

Despite reports that the economy is doing better, some adults who were once independent are…

By Sheiresa Ngo

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sm_groupon_1212_480x360

Groupon Offers New Bulk Service

Costco and BJ’s  might have some competition. Groupon is now offering a new service that…

By Sheiresa Ngo

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Author Q and A: Confessions of a Credit Card Junkie

Author Beverly Harzog shares her struggles with credit cards in new book

Credit cards can help in times of an emergency. They are also necessary to help…

By Sheiresa Ngo

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

Get Your Finances in Order before a Storm Strikes

Do you have a financial first aid kit?

The recent string of deadly tornadoes may have you thinking more about your financial protection…

By Sheiresa Ngo

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

Personal Income Slightly Rises in April

(Image: Thinkstock)
The U.S. Bureau of Economic Analysis (BEA) reports that personal income increased $78.4…

By Sheiresa Ngo

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target

Target Switches to Chip-and-PIN Cards after Data Breach

Target has announced that it will start to issue chip-and-PIN cards early next year. The…

By Sheiresa Ngo

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minimum wage

The Effects of the Minimum Wage Block on African Americans

An increase in minimum wage can raise the income of African Americans by $5.2 billion

An increase in minimum wage can raise the income of African Americans by $5.2 billion

By Courtney Connley

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credit-card-debt-management

Financial Literacy Month: Dealing with Dirty Debt Collectors

When it comes to paying your debts, it’s important to know your rights so that…

By Sheiresa Ngo

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car insurance

Walmart Launches Auto Insurance Comparison Service

Walmart continues to be a one-stop-shop. Drivers can now compare auto insurance rates at the superstore.

Now, if you want to compare auto insurance rates, you can go to the superstore…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

CFPB Officials Face Subpoena

A vote was passed by the House Financial Services Oversight and Investigations Subcommittee to subpoena…

By Sheiresa Ngo

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

Financial Literacy Month: By the Numbers

The survey shows that we all have our struggles and encounter some ups and downs

Check out all the statistics

By Sheiresa Ngo

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(Image: Thinkstock)

How to Save Money on Travel

Here are five tips for keeping more cash in your pocket

Do you travel a lot?

By Sheiresa Ngo

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scam

Verizon Report Shows How Criminals Breach Your Data

Web app attacks, the most common breach, were to blame for 35% of data breaches last year

The report found that about two-thirds of data breaches involved stolen passwords

By Sheiresa Ngo

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It’s the perfect time of the year for international travel. With all the advancements in technology and mobile apps, traveling abroad isn’t as expensive as it used to be and there are plenty of ways to cut costs while getting more bang for your buck. Whether you’re embarking on your first journey abroad or you’re an experienced jet setter, here are a few tools to help you save money on the things that can eat up your travel budget faster than you can plan your trip.--Corvida Raven

Could Deceptive Airline Fees Make a Comeback?

In 2012, the Department of Transportation cracked down on this practice

The goal of this act would be to reverse the 2012 rule change, and allow…

By Sheiresa Ngo

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tax tips

How to Get a Transcript or Copy of a Prior Tax Return

Tax season is over, but you still need to make sure your tax records are…

By Sheiresa Ngo

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Homeownership-300x232

Contracts to Purchase Homes are on the Rise

USA Today reports that a one- to two-month lag often occurs between a signed contract and a completed sale

The rise in contracts is a good sign for the housing market

By Sheiresa Ngo

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Fraud-300x232

Financial Fraud Ring Uncovered

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

By Sheiresa Ngo

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black-woman-shopping

Consumer Confidence Reaches 9-Month High

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

By Sheiresa Ngo

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Student-Loan-papers-620x480

Student Loan Rates Expected to Rise

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

By Sheiresa Ngo

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piggy bank college fund

How One New Grad Survived Financial Life after College

Six months after graduating from Florida State University in 2011 with a bachelor’s degree in…

By Sheiresa Ngo

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money-house_crop.jpg

Jon Bon Jovi Helps Build Low-Income Housing

A new low-income housing development called JBJ Soul Homes will be opening soon, thanks in…

By Sheiresa Ngo

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Take control of debt. “The rich rule over the poor, and the borrower is servant to the lender.” —Proverbs 22:7

Financial Literacy Month: Dealing with Debt That’s Out of Control

Debtor’s Anonymous, an organization that helps consumers struggling with debt, lists the following signs that you might have a serious problem with debt

But how do you know when debt is spiraling out of control? When is it…

By Sheiresa Ngo

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Instituted a new rule allowing the public to meet with federal housing insurers to refinance (in as quickly as one day) a mortgage if they are having trouble paying.

 Get the rest of the list at NewsOne ...

The CFPB Proposes E-Closing Pilot Program

New program tries to take the stress out of closing

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

By Sheiresa Ngo

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irs

IRS Involved in Bonus Scandal

It seems like working for the IRS might have some excellent perks

If you work there, you might not have to pay taxes. Even better—you could be…

By Sheiresa Ngo

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student loan

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

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

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

By Sheiresa Ngo

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credit-score-111611-300x232.jpg

Poll Reveals Consumers are Embarrassed By Their Credit Scores

Among the respondents, 37% admitted they felt shame when it came to their credit card debt

Poll participants were told to choose from five categories

By Sheiresa Ngo

Posted: Tags: ,
ATM Keypad

Virtual Tellers Might Be Coming to a Bank Near You

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

The virtual tellers do have some limitations, however

By Sheiresa Ngo

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Wal-Mart

Walmart Offers New Money Transfer Service

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

The new service is called Walmart-2-Walmart

By Sheiresa Ngo

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Walt_Disney_World_Resort_entrance

Disney World Proposes Raising Wages to $10 an Hour

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

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

By Sheiresa Ngo

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(Image: Thinkstock)

App Helps Consumers Spot Suspicious Charges

The BillGuard app remains current by sourcing information from other users about merchants that have consistently been problematic

BillGuard can also make you aware of fees that you didn’t even realize you were…

By Sheiresa Ngo

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black-woman-shopper-300x232.jpg

Personal Finance Author Manisha Thakor Talks About Women and Money

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

By Jamarris Richardson-Mcfield

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Black-Unemployment

Jobless Rate Down in 21 States

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

By Sheiresa Ngo

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Fraud-300x232

2.6 Million Cards Affected in Data Breach at Michaels Stores

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

By Sheiresa Ngo

Posted: Tags: ,
(Image: Thinkstock)

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

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

By Sheiresa Ngo

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credit-card-use

Time Series Payment Data Now Part of Credit Reports

Changes are coming to your consumer credit report. The way the information on your…

By Sheiresa Ngo

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Fraud-300x232

Proposed Bill Could Make Retailers Liable for Data Breach

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

By Sheiresa Ngo

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Diddy Revolt TV

Hip-Hop’s Wealthiest Artists for 2014

Who comes out on top between Jay Z, Dr. Dre and Puff?

3 of the 5 on the list are from New York

By Cedric 'BIG CED' Thornton

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Credit card usage is on the rise, new data says.

Free Credit Scores? A Bill May Make This a Reality

Free credit scores could help consumers keep a closer eye on their credit

Do you know your number?

By Sheiresa Ngo

Posted: Tags: , ,
tax tips

What to Do if You Make a Mistake on Your Taxes

You can make changes by filing an amended tax return

You can use Form 1040X, Amended U.S. Individual Income Tax Return, to correct errors

By Sheiresa Ngo

Posted: Tags: , ,
email hacking

Better Business Bureau Warns Consumers of Fake USPS Emails

Your passwords, usernames, and financial information could become vulnerable

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

By Sheiresa Ngo

Posted: Tags: , ,
tax extension sheet

How to Apply a Tax Filing Extension

The extension only extends the due date for the paperwork--not for the money you owe.

Just in case you didn’t know—your taxes were due yesterday.  If you just didn’t get around to…

By Sheiresa Ngo

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ABA Offers Tips for Small Business Owners: Assessing Your Banking Relationship

Fake Credit Unions Steal Millions from Consumers

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

From 2007 to 2009

By Sheiresa Ngo

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taxes

Social Security Stops Collecting on Old Taxpayer Debts

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

By Sheiresa Ngo

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PocketsBrokeMoney

How to Deal With a Financial Crisis

There are many successful people who had to start from scratch after a financial meltdown

Financial crisis does not, however, have to be the end of your world

By Sheiresa Ngo

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Lease-Illustration-1-RGB-300x232

Harlem Tenants Fight Landlord Who Allegedly Won’t Make Repairs

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

These Harlem tenants aren’t happy with their landlord

By Sheiresa Ngo

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Homeownership-300x232

How to Qualify for the FHA Back to Work Program

The program has been extended through Sept. 30, 2016

That all changed with the FHA Back to Work Program, which lets homebuyers make a…

By Sheiresa Ngo

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black_women_executives_v2_article1

Black Women in the Last 50 Years: How Far Have We Progressed?

Mixed reviews on progress made over past five decades

Black women make up the most dynamic segment of the Rising American Electorate

By Carolyn M. Brown

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tax tips

What to Do if You Can’t Pay Your Tax Bill

Don't ignore your tax bill

An installment agreement allows you to pay a debt over a period of time

By Sheiresa Ngo

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Sandra Thompson

Federal Housing Official: ‘There’s Help Available for Struggling Homeowners’

Government programs are out there to assist with mortgages

The HARP Program is the government refinance program for borrowers who are current, but underwater

By Alan Hughes

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black-couple-finances

5 Tips for Talking to Your Spouse About Finances

It's a conversation that must take place and should be carefully worded

It is important to know how much money is coming into and going out…

By Sheiresa Ngo

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black enterprise april cover

New Tax Tool Helps LGBT Couples With Filings To Avoid Costly Mistakes

Online resource offers state-by-state guidance

Tax law remains one of the most complex and nuanced issues impacting the LGBT community

By Carolyn M. Brown

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car insurance

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

A new insuranceQuotes.com report has the answer

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

By Sheiresa Ngo

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Helping-Hand-620x480

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

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

Would you pay extra to affect this social change?

By Sheiresa Ngo

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minimum wage

Maryland Passes Minimum Wage Raise, Raised to Over $10.00

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

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

By Sheiresa Ngo

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WellsFargo

Wells Fargo Introduces Interactive Tool for Parents and College Students

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

By Sheiresa Ngo

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be news

Toyota Recalls 6.39 Million Cars

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

By Sheiresa Ngo

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Taxes-620x480

Tax Deadline Approaching! Here Are Some Last-Minute Tax Tips

Don't make these common errors on your forms

The Internal Revenue Service says it’s important to double-check your tax returns to make sure…

By Sheiresa Ngo

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

U.S. Creates 192,000 Jobs in March

How is your job search going?

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

By Sheiresa Ngo

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Helping-Hand-620x480

Alabama Restricts Welfare, Requires Drug Testing for Applicants

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

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

By Sheiresa Ngo

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money and love

Love and Money: Should You File a Joint Tax Return?

When you choose married filing separately, you and your spouse file two separate tax returns instead of one joint return

Here’s some information to help you decide

By Sheiresa Ngo

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(File)

Financial Literacy Month: Five Tips for Financial Well-Being

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

By Sheiresa Ngo

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black-woman-with-child-piggy-bank

3 Lessons to Teach Your Kids About Money

Does your child understand the basics of money?

It is very tempting to give children allowances, but this does not teach them that…

By Sheiresa Ngo

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Personal Finance Word of the Day: Consumer Confidence

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

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

By Sheiresa Ngo

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Results of the 2014 NFCC Financial Literacy Survey

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

By Sheiresa Ngo

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How You Can Celebrate Financial Literacy Month

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

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

By Sheiresa Ngo

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extra money

4 Ways To Boost Your Money IQ For Financial Literacy Month

A simple regimen to help you commit—or recommit—to your financial education.

Boost your IQ with these proven steps

By Alfred Edmond, Jr.

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What You Should Know Before Investing in Municipal Bonds

When considering investing money in municipal bonds, you will want to know what you are…

By Sheiresa Ngo

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What Young Adults Think of the Affordable Care Act

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

By Sheiresa Ngo

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What Business Owners Should Know about the Affordable Care Act

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

By Sheiresa Ngo

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What Consumers Should Know about the Affordable Care Act

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Today is the last day to enroll for affordable health care through the market…

By Sheiresa Ngo

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4 Interesting Credit Facts

Here are a few things you might not know about credit cards:
1. You can…

By Sheiresa Ngo

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Fandango and Credit Karma Settle FTC Charges of Consumer Deception

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

By Sheiresa Ngo

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economy-rising

Consumer Spending and Personal Income Rise

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

By Sheiresa Ngo

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citigroup

Personal Finance Word of the Day: Stress Test

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

By Sheiresa Ngo

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ATM Keypad

Would You Use a Cardless Mobile ATM?

Would you feel safe doing this?

The ATM will require members of its credit union to download its mobile wallet and…

By Sheiresa Ngo

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car insurance

Minor Violations Can Cause Car Insurance Costs to Spike

Be careful on the road or your bank account could crash

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

By Sheiresa Ngo

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

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

Six companies in dire need of reshaping their business models

Did you ever think these brands would close their doors?

By Carolyn M. Brown

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Credit Cards

Have a Bad Credit Score? Here’s 4 Ways to Increase It

What is your current credit score?

After struggling for years with credit issues, you’ve put a plan in place to develop…

By Sheiresa Ngo

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Consumers Allowed More Time for Health Care Enrollment

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If you think you might not be able to meet the March 31 deadline…

By Sheiresa Ngo

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tax tips

How To Blow The Whistle On A Tax Cheat

Do you know anyone trying to get by on Uncle Sam?

If you know someone who is cheating the Internal Revenue Service, you could be in…

By Sheiresa Ngo

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howard university entrance sign

Howard University Professor Gives Tips on Handling Economic Stress in New Book

Author Robert M. Brown III talks about managing the emotional impact of money trouble

Have you ever dealt with a lot of stress?

By Sheiresa Ngo

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retirement

American Workers Still Struggling to Save for Retirement

TIAA-CREF survey shows significant savings gap

The TIAA-CREF Lifetime Income Survey found that 65% of Americans are saving 10% or less…

By Sheiresa Ngo

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Personal Finance Word of the Day: Frugal Fatigue

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

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

By Sheiresa Ngo

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Lost Control of Your Finances? Here’s 5 Ways to Get Back on Track

Have you been terrible with handling money?

Everyone struggles with money at some point in their lives

By Sheiresa Ngo

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

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

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

By Sheiresa Ngo

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Are You an Unemployed College Grad? Here’s How to Manage Your Money

Were you unemployed after graduating school? Do you know of anyone who is?

Several factors are affecting the job market: the unstable economy, outsourcing, and baby boomers delaying…

By Sheiresa Ngo

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

Have you ever been the victim of identity theft?

Identity theft can be committed in several ways

By Sheiresa Ngo

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Identity Theft Listed as Top FTC Consumer Complain in 2013

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

More than half of the complaints were fraud based

By Sheiresa Ngo

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tax extension sheet

Personal Finance Word of the Day: Tax Filing Extension

Your daily money bite

You can get an automatic six-month extension

By Sheiresa Ngo

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tax tips

Didn’t File Your Taxes in 2010? You Can Now!

Procrastinators have a second chance

The IRS actually has good, not bad news for you

By Sheiresa Ngo

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Cash Mobs Support Small Businesses

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

Higher taxes drive consumers to shop online, says report

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

By Carolyn M. Brown

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Personal Finance Word of the Day: Prepaid Card [Video]

Your daily money bite

In light of the Consumer Financial Protection Bureau’s recent push to update disclosures for prepaid…

By Sheiresa Ngo

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Pensions: Should You Take a Lump Sum or Monthly Payout?

Make sure to choose wisely

If you’re ever in a position where you’re offered to take your pension as either…

By Sheiresa Ngo

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prepaid cards marketed to small businesses

Consumer Financial Protection Bureau to Update Prepaid Card Disclosures

It will be easier to understand fees

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

By Sheiresa Ngo

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stocks rise

Personal Finance Word of the Day: Rally [Video]

Your daily money bite

A recent Marketwatch article discusses the stock market’s curious response to last weekend’s political news.…

By Sheiresa Ngo

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taxesforms

3 Tax Audit Triggers To Avoid

Tax season is a stressful time of year. Being audited by the Internal Revenue Service…

By Sheiresa Ngo

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

Watch Out for Malaysia Airline Scams on Facebook

Don't fall for scammers' tricks

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

By Sheiresa Ngo

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<ul> 	<li><strong>Salary is inadequate:</strong></li> </ul> <strong> </strong>If you’re barely making ends meet when it comes to your bills, debt payments or providing for your family, then either you’re not budgeting correctly or your salary is too low.  If it’s the latter, Price suggests that you seek another job.  “If you don’t feel like you’re being compensated enough to handle living arrangements then something has to change,” he says.  “If you can look for another job that pays more then by all means go and pursue that.”

Are You Living Paycheck to Paycheck? [Infographic]

If you’re barely making ends meet when it comes to your bills, debt payments or…

By Sheiresa Ngo

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Tax Tip: Paying for Medical and Dental Expenses [Video]

Did you spend a large amount of your income on medical and dental expenses last…

By Sheiresa Ngo

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Personal Finance Word of the Day: Adjustable-Rate Mortgage

Your daily money bite

Adjustable-rate mortgages are making a comeback. A recent article in The Wall Street Journal says…

By Sheiresa Ngo

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identity theft

Tax-Time Identity Theft: The IRS Tells You What to Do [Video]

Here's an action plan if your personal information is at risk

If you believe that you’re the victim of one of the IRS “dirty dozen” tax…

By Sheiresa Ngo

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Personal Finance Word of the Day: FINRA

Your daily money bite

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

By Sheiresa Ngo

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File Electronically 	Last year alone, 99 million people—70 percent of all individual taxpayers—used IRS e-file to electronically transmit their tax returns, according to the government agency. With electronic filing, you can literally submit your taxes up until the very last second without penalty. E-filing is an easy and cost-effective method to filing your taxes. Plus, it does the math for you. If you’re concerned about not knowing all the credits you qualify for, remember, most software programs have step-by-step instructions, which increases accuracy and the possibility of receiving a larger refund. Those with an adjusted gross income of $58,000 or less may be able to use the IRS’s Free File option, where taxpayers use online software donated by TurboTax and other tax agencies.

What to Do If Someone Else Gets Your Tax Forms

A plan for dealing with tax trouble

Tax season can be a stressful time of year. You certainly don’t want to…

By Sheiresa Ngo

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7 Tax Tips for Your Home-Based Business

These strategies can benefit your small businesses

Home-based businesses, start-ups and solopreneurs are often serial late filers and miss out on maximizing…

By Alan Hughes

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3. Do seek "trade credit" from vendors and suppliers. 

Too many entrepreneurs dream of going to a bank and getting a business loan or line of credit for their enterprise. But maybe you don’t need a traditional bank loan at all to launch or grow your business. 

If you can get your vendors and suppliers to agree to provide you with trade credit---i.e., the ability to pay for goods and services over time---you can creatively and more frugally run your operations.

4 Things You Should Know About Bartering

Learn the rules so you can stay out of trouble with the IRS

Bartering can help you save money. However, it's important to be aware of the tax…

By Sheiresa Ngo

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Florida Tech to Host Webinar on Supply Chain Risk Management

How to Invest in Emerging Markets [Infographic]

If you’ve considered investing in an emerging market, you may not know how to get…

By Sheiresa Ngo

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estate planning

Personal Finance Word of the Day: Uniform Transfer to Minors Act

Your daily money bite

Word of the day: Uniform Transfer to Minors Act
If you are a parent or grandparent,…

By Sheiresa Ngo

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You Could Win Mega Millions And Still End Up Broke

Another huge jackpot has us thinking: If I could just hit the lottery, I'd be set for life. Or would you?

If you could just hit the lottery, you’d be set for life. Or would you?…

By Alfred Edmond, Jr.

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Charity Impersonation Listed as One of the IRS “Dirty Dozen” Tax Scams

Don't donate blindly

Each year, the IRS releases its list of “dirty dozen” tax scams to watch out…

By Sheiresa Ngo

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extra money

An Analysis of Money Laundering [Infographic]

Don't even think about taking dirty money

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

By Sheiresa Ngo

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credit-card-use

Personal Finance Word of the Day: Average Daily Balance

Your daily money bite

Word of the day: Average daily balance
The average daily balance is the average balance on…

By Sheiresa Ngo

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internet_1

Website Mistakes that Cost You Money [Infographic]

Don't make these blunders

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

By Sheiresa Ngo

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tax tips

Inflated Refunds Listed as One of the IRS “Dirty Dozen” Tax Scams

Don’t trust a tax preparer who makes outrageous promises

Each year, the IRS releases its list of “dirty dozen” tax scams to watch out…

By Sheiresa Ngo

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Personal Finance Word of the Day: Mid-Cap Fund

Your daily money bite

Word of the day: Mid-cap fund
A mid-cap fund is a type of stock fund that…

By Sheiresa Ngo

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Personal Finance Word of the Day: Credit Utilization Ratio

Your daily money bite.

Word of the day: Credit utilization ratio
Creditors use a calculation called a credit utilization ratio,…

By Sheiresa Ngo

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extra money

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

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

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

By Alfred Edmond, Jr.

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creditscore

A New FICO Scoring Model is Coming Your Way

The credit-scoring leader announces updates

FICO announced recently that the newest credit scoring model is coming soon. Known as FICO…

By Sheiresa Ngo

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The Anatomy of a Credit Card Payment [Infographic]

A step-by-step guide

Have you ever wondered exactly what happens when you swipe your credit card? Well, a…

By Sheiresa Ngo

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Keller Williams NYC associate broker Jamella Swift

Find a Real Estate Deal in the Next Hot ‘Hood

It's all about up-and-coming locations when it comes to finding affordable homes that will appreciate

Jamella Swift, an associate broker at Keller Williams NYC, gives advice on buying and selling…

By Alisa Gumbs

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A Brief History of Taxes [Infographic]

Fun tax facts

It’s almost that time again. Tax day is just around the corner. In honor of…

By Sheiresa Ngo

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taxes

Track Your Tax Refund [Video]

Find your money

If you’ve recently filed your tax forms, you’re probably wondering when you’ll receive your refund.…

By Sheiresa Ngo

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tax tips

Personal Finance Word of the Day: Tax Avoidance Transaction

Your daily money bite

Tax season is upon us

By Sheiresa Ngo

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EY offers global mentoring opportunity to entrepreneurs

The Case for Investing in Global Fixed Income

Vanguard researchers explain why this asset class should have a place in your portfolio

However, many U.S. investors are not investing in these securities

By Sheiresa Ngo

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credit cards

Personal Finance Word of the Day: Meeting of Creditors

Your daily money bite

Even though it’s called a meeting of creditors, the creditors rarely attend

By Sheiresa Ngo

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investing

An Asset Allocation Guide [Infographic]

Don't put all your eggs in one basket

What does asset allocation mean?

By Sheiresa Ngo

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How to Change Your Bad Money Habits [Infographic]

You don't have to let routine ruin your finances

How will you improve?

By Sheiresa Ngo

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Women of Power

Venus Williams

Watch Sonia Alleyne’s Interview with Venus Williams at This Year’s Women of Power Summit [Video]

Venus Williams was one of the featured speakers at this year’s Women of Power Summit.

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Women of Power: Pushing Past Fear To Make Your Next Career Move

At the Black Enterprise Women of Power summit, attendees learn how to push past fears…

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