November 29, 2014 4:04 AM • Log InREGISTER
HOT TOPICS:
How to Get Your Warranty Extended for Free 5 Savvy Steps to Correct a Bank Error Sample Sale: 5 Tips for Grabbing a Good Deal Three Insurance Options and What to Consider Capital One Will Stop Using ChexSystems Suze Orman Prepaid Debit Card Discontinued 4 Money Management Tips for Millennial Women Are Investment Motifs Good for Your Portfolio? What You Should Know About the Roth 401(k) The Lowdown on Investment Rewards Credit Cards Governor Cuomo Announces Tool to Stop Payday Lenders 4 Ways to Save Money on Hotel Costs Why You Need Life Insurance Take Advantage of Hidden Credit Card Perks Results of Card Hub 2014 Credit Card Debt Study CFPB Assesses How Mobile Banking Impacts Low-Income Consumers New Debt Collection Scam AARP Releases Survey of African American Baby Boomers IRS Adopts Taxpayer Bill of Rights A Peek Inside Presidential Finances 5 Things to Know about Phased Retirement President Obama Proposes Expansion of Student Loan Debt Forgiveness Program Best and Worst States for Financial Literacy Money Expert Marsha Barnes Shares Top 10 Savings Tips Merging Finances with Your Spouse Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home Managing Finances after Divorce: Should You Keep the House? Sam’s Club Offers New EMV Card Rebuilding Finances after Divorce Money Expert Marsha Barnes Shares Her Budgeting Tips Money Expert Marsha Barnes Talks about Keeping Finances on Track FDA Launches Database Alerting Consumers about Deadly Drug Interactions TIAA-CREF Financial Planner Talks Managing Finances after Divorce Nationwide Minimum Wage Campaign Goes Grassroots Retirement Planning Milestones Consumer Income Rose Slightly in April Savings Expert Marsha Barnes Talks about Frugal Living 4 Estate Planning Tips NFCC Poll: Consumers Reluctant to Assume Mortgage Risk 6 Tips for Young Investors 15 Banks and Payment Processors Face Fraud Investigation Berkshire Hathaway Offers Travel Insurance America Saves Survey: More Consumers Automate Savings MasterCard Extends Zero-Liability Policy Common Misconceptions Newlyweds Have about Credit National Black Church Initiative Partners with TrustEgg Consumers Show Concern over Security of Financial Information Keep Track of Product Recalls Auto Parts Price-Fixing Scandal Makes Justice Department History CFPB Reports on Payday Lenders and Debt Collectors Maya Rockeymoore Talks about Why Social Security is Important Movie Theater Charges Extra for Middle Seats Credit Union for Pro Athletes Approved The 5 Best States for Banking Largest Real-Time Clinical Health Database Launched Avoid a Vacation Rental Rip Off John Hope Bryant Talks about New Book and CFPB Partnership Military Members Face Financial Weakness Study: Consumers Saddled by Credit Card Debt and Overdraft Fees Consumers Over-Penalized for Medical Debt in Collections Dr. Juan Chisholm Dishes Advice on Graduating College Debt-Free John Hope Bryant Talks about HOPE Business in a Box Academies Credit Suisse Confesses to Helping Clients Evade Taxes Weighing Your Student Loan Repayment Options 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

Money

shopping-620x480

How to Get Your Warranty Extended for Free

Don’t pay if you don’t have to

Let’s face it; extended warranties are expensive. Extra coverage on a new car, for instance,…

By Sheiresa Ngo

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know-your-banker

5 Savvy Steps to Correct a Bank Error

Whether it's in your favor or not, you'll want to reverse mistakes properly

Whether it’s in your favor or not, here are the five steps to correct a…

By Sheiresa Ngo

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Sample Sale: 5 Tips for Grabbing a Good Deal

Don't get stuck with what’s at the bottom of the bin

Check out this strategy for navigating a sample sale and finding great luxe for less.

By Stephanie Young

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young black family at park

Three Insurance Options and What to Consider

Three specialty coverage options and what to consider before investing

Here are three specialty insurance policies you might want to think twice about before opening…

By Tamara E. Holmes

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know-your-banker

Capital One Will Stop Using ChexSystems

More consumers will have a shot at getting an account

If you’ve ever been denied a bank account, chances are the decision was made after…

By Sheiresa Ngo

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credit-card-use

Suze Orman Prepaid Debit Card Discontinued

Cardholders are no longer "approved"

If you own one of Suze Orman’s Approved cards, you might have a slightly annoying…

By Sheiresa Ngo

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black woman texting

4 Money Management Tips for Millennial Women

Young women tend to struggle with managing their cash

A recent study by Ameriprise Financial shows that millennial women are likely to feel stretched…

By Sheiresa Ngo

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Are Investment Motifs Good for Your Portfolio?

Explore whether idea-based investing is a viable strategy

What if you could invest in an idea, instead of a specific company, industry,…

By Bridget McCrea

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piggy-bank

What You Should Know About the Roth 401(k)

Determining when to pay taxes could make all the difference in your retirement nest egg

While many people save for retirement in a 401(k) plan because it lets them defer…

By Tamara E. Holmes

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Credit Cards

The Lowdown on Investment Rewards Credit Cards

Weigh the pros and cons before making a decision

Anything that encourages you to save is a good thing. Or is it? Investment…

By Sheryl Nance-Nash

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Governor Cuomo Announces Tool to Stop Payday Lenders

Database will help identify and halt illegal lending

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Despite the fact that payday lending is illegal in many states, it is…

By Sheiresa Ngo

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take-time-to-plan-your-vacation_942_449042_0_14087291_500 NL

4 Ways to Save Money on Hotel Costs

Enjoy time away from home while keeping cash in your pocket

If you’re gearing up to take a trip this summer, you’re most likely looking…

By Sheiresa Ngo

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Why You Need Life Insurance

Put a plan in place to protect your loved ones

While death may not be a pleasant topic for you, it’s important to plan for…

By Sheiresa Ngo

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Credit-Cards-620x480

Take Advantage of Hidden Credit Card Perks

Don't leave benefits on the table

I often hear people list the evils of credit cards, and blame them …

By Sheiresa Ngo

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man-counting-money-in-suit2

Results of Card Hub 2014 Credit Card Debt Study

Credit information site Card Hub recently released its 2014 credit card debt study.  The study…

By Sheiresa Ngo

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mobile payments

CFPB Assesses How Mobile Banking Impacts Low-Income Consumers

The Consumer Financial Protection Bureau is investigating the benefits and challenges of mobile financial services.…

By Sheiresa Ngo

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New Debt Collection Scam

Fraudsters continue to find new ways to rip off consumers

Scammers are always waiting for an opportunity to steal from you. Illinois residents are being…

By Sheiresa Ngo

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AARP and SBA Share Start Up Advice on Entrepreneurship for the 50 Plus

AARP Releases Survey of African American Baby Boomers

African Americans over 50 share concerns about employment, education and workforce discrimination

AARP recently came out with a survey assessing the concerns that matter most to…

By Sheiresa Ngo

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irs

IRS Adopts Taxpayer Bill of Rights

The Internal Revenue Service recently announced a user-friendly Taxpayer Bill of Rights. It will take…

By Sheiresa Ngo

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Image: File

A Peek Inside Presidential Finances

Former presidents and spouses fare well after their terms

Many were shocked by Hillary Clinton’s revelation that she and former President Bill Clinton were…

By Sheiresa Ngo

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retirement

5 Things to Know about Phased Retirement

Is easing into your golden years right for you?

Here’s what you need to know about phased retirement:
1) You’ll see whether your retirement savings is…

By Sheiresa Ngo

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

President Obama Proposes Expansion of Student Loan Debt Forgiveness Program

Executive order would relieve burden for some borrowers

Do hefty student loan payments have you tightening your belt until the buckle is about…

By Sheiresa Ngo

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money-stack-620x480

Best and Worst States for Financial Literacy

Where does your state rank?

Financial literacy is key to building and growing your wealth. A recent survey by WalletHub…

By Sheiresa Ngo

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piggy-bank

Money Expert Marsha Barnes Shares Top 10 Savings Tips

How to live well on less

In our fourth and final installment of the money management series with Marsha Barnes, she…

By Sheiresa Ngo

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Merging Finances with Your Spouse

5 tips that will help you and your spouse work in perfect financial harmony.

If you’re recently married, at some point you’ll be faced with a big decision:…

By Sheiresa Ngo

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Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home

Compton rapper spends his money wisely with latest purchase

Kendick Lamar proves that he knows the value of a dollar and smart investment with…

By Courtney Connley

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House-Loan-620x480

Managing Finances after Divorce: Should You Keep the House?

Keeping your home might not always be the best choice

Carefully managing your money can be a balancing act. This is especially …

By Sheiresa Ngo

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credit-card-use

Sam’s Club Offers New EMV Card

Retailer offers increased security for its members

Sam’s Club recently announced that it will issue cash-back credit cards with an EMV chip.…

By Sheiresa Ngo

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black-couple-and-stack-of-money-378x350

Rebuilding Finances after Divorce

Cutting ties after age 50 could have a significant impact on finances

Carefully managing your money can be a balancing act. This is especially true…

By Sheiresa Ngo

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money-fans-122312-575hc

Money Expert Marsha Barnes Shares Her Budgeting Tips

You can live well on less

If you have a hard time sticking to your budget, you’ve come to the right…

By Jennifer Streaks

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Money Expert Marsha Barnes Talks about Keeping Finances on Track

How you can live well on less

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When developing a financial plan, financial educator Marsha Barnes counsels her clients to stop…

By Jennifer Streaks

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ComputerHealthStethoscope

FDA Launches Database Alerting Consumers about Deadly Drug Interactions

Adverse reactions will be easier to track

If you take a lot of prescription drugs, it can be hard to keep track…

By Sheiresa Ngo

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TIAA-CREF Financial Planner Talks Managing Finances after Divorce

Make sure you have a solid plan in place

Carefully managing your money can be a balancing act. This is especially true for…

By Sheiresa Ngo

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Photo: Google

Nationwide Minimum Wage Campaign Goes Grassroots

The need for our young to earn more money is apparent, and communities across the U.S. are fighting for higher minimum wages.

After Seattle’s Mayor Ed Murray recently increased the city’s minimum wage to $15 an hour,…

By Kevin L. Clark

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4. Increase your savings

Don’t feel like you can save more money---or are you simply fed up with getting next to nothing on the savings you are stashing away? Maybe the best way to begin saving more money is just by getting a different savings account; online savings accounts boast rates that are sometimes five times the national average.

Use MoneyRates.com to find which banks are offering the highest interest rates on savings accounts, CDs and money market accounts.

Retirement Planning Milestones

How to plan for your golden years at each life stage

Are you prepared for retirement? If not, you have plenty of company.
The Center for Retirement…

By Sheiresa Ngo

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Consumer Income Rose Slightly in April

Small gains were seen

Consumers had a slight increase in personal income for April, but it was still lower…

By Sheiresa Ngo

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Savings Expert Marsha Barnes Talks about Frugal Living

You can live well on less

A recent national survey by the Consumer Federation of America finds that only about one-third…

By Jennifer Streaks

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estate planning

4 Estate Planning Tips

Plan ahead for your future

While death and dying are not pleasant topics, it’s important to make sure you plan…

By Sheiresa Ngo

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NFCC Poll: Consumers Reluctant to Assume Mortgage Risk

Are you worried about paying off a mortgage?

Even though many define the American Dream as becoming a homeowner, more consumers are…

By Sheiresa Ngo

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6 Tips for Young Investors

Learn the basics of how to get a head start on planning your retirement

Once you land full-time employment, your employer may offer the option to contribute to…

By Sheiresa Ngo

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15 Banks and Payment Processors Face Fraud Investigation

Justice Department initiates consumer fraud investigation

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The Justice Department is initiating a consumer fraud investigation by the name…

By Sheiresa Ngo

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Berkshire Hathaway Offers Travel Insurance

A new option for low-cost flight protection

(Image: Thinkstock)
Berkshire Hathaway announced that it will begin offering a new kind of travel insurance.…

By Sheiresa Ngo

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piggy-bank

America Saves Survey: More Consumers Automate Savings

But some still stash cash at home

If you’ve ever wondered how your saving habits compare to those around you, wonder no…

By Sheiresa Ngo

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MASTERCARD

MasterCard Extends Zero-Liability Policy

Protection provided for ATM and PIN transactions

Debit and credit card company MasterCard announced that it will extend its zero-liability policy for…

By Sheiresa Ngo

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(Image: Thinkstock)

Common Misconceptions Newlyweds Have about Credit

Are you believing a financial lie?

If you’re a newlywed, there are some things regarding money about which you might be…

By Sheiresa Ngo

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black-woman-with-child-piggy-bank

National Black Church Initiative Partners with TrustEgg

Organization will help one million children start a savings account

The National Black Church Initiative, a faith-based coalition of 34,000 churches, recently announced a partnership…

By Sheiresa Ngo

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cyber-security-620x480

Consumers Show Concern over Security of Financial Information

Is your information at risk?

If you stay up late at night worrying about your financial security, you’re not alone.…

By Sheiresa Ngo

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Keep Track of Product Recalls

Stay safe by keeping abreast of developments

Have you ever learned that a product that you use or someone close to you…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

Auto Parts Price-Fixing Scandal Makes Justice Department History

This is the department's largest antitrust investigation ever

If you thought the auto industry’s woes couldn’t get any worse, think again. More bad…

By Sheiresa Ngo

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money-fans-122312-575hc

CFPB Reports on Payday Lenders and Debt Collectors

Report shines light on deceptive practices

The Consumer Financial Protection Bureau is responsible for overseeing depository institutions and credit unions with…

By Sheiresa Ngo

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social security

Maya Rockeymoore Talks about Why Social Security is Important

Social Security benefits both the young and old

Maya Rockeymoore, president of the Center for Global Policy Solutions, recently  presented before the Senate…

By Sheiresa Ngo

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man-counting-money-in-suit2

Movie Theater Charges Extra for Middle Seats

Could a surcharge be headed your way?

What would you do if your local theater only let patrons who paid more money…

By Sheiresa Ngo

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know-your-banker

Credit Union for Pro Athletes Approved

Organization founded by former wife of baseball player

It is widely known that professional athletes often struggle with managing their money. Consequently, many…

By Sheiresa Ngo

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know-your-banker

The 5 Best States for Banking

Did your state make the list?

If you’ve ever wondered which states have the best banks and how they compare to…

By Sheiresa Ngo

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ComputerHealthStethoscope

Largest Real-Time Clinical Health Database Launched

Doctors and professionals can easily track consumer health

Practice Fusion, an electronic health records company, recently launched Insight by Practice Fusion, a free…

By Sheiresa Ngo

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take-time-to-plan-your-vacation_942_449042_0_14087291_500

Avoid a Vacation Rental Rip Off

Don't get tricked by fraudsters

If you’ve decided to skip the hotel and instead opt for a vacation rental, there…

By Sheiresa Ngo

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John_Hope_Bryant2

John Hope Bryant Talks about New Book and CFPB Partnership

Operation HOPE partners with CFPB

In part three of this series, Black Enterprise speaks with John Hope Bryant to learn…

By Sheiresa Ngo

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Veteran Women and Spouses

Military Members Face Financial Weakness

Differences can be seen between military and general population

The National Foundation for Credit Counseling recently conducted a survey that shows many members of…

By Sheiresa Ngo

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debt

Study: Consumers Saddled by Credit Card Debt and Overdraft Fees

Consumers face trouble due to lack of financial knowledge

A recent survey by MagnifyMoney shows that 35% of Americans overdraft and 42.4% are saddled…

By Sheiresa Ngo

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0602_hospital bill

Consumers Over-Penalized for Medical Debt in Collections

Scores may misrepresent creditworthiness by 10 points

If you have medical debt in collections, you might be facing harsher penalties. The Consumer…

By Sheiresa Ngo

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Dr. Juan Chisholm

Dr. Juan Chisholm Dishes Advice on Graduating College Debt-Free

Entrepreneur and author shares tips on how he graduated three universities free of student loans

Dr. Juan Chisholm offers financial tips to college students on graduating free of student loans

By Courtney Connley

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John_Hope_Bryant2

John Hope Bryant Talks about HOPE Business in a Box Academies

Students given chance to win up to $500 toward business

Black Enterprise spoke with John Hope Bryant to learn more about his efforts to promote…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

Credit Suisse Confesses to Helping Clients Evade Taxes

Company must pay $2.6 billion

U.S. Attorney General Eric Holder says Credit Suisse AG agreed to plead guilty to assisting…

By Sheiresa Ngo

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(Image: Thinkstock)

Weighing Your Student Loan Repayment Options

(Image: Thinkstock)
Graduation season is upon us. And that most likely means a student loan…

By Sheiresa Ngo

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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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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

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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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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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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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Financial Fraud Ring Uncovered

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

By Sheiresa Ngo

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black-woman-shopping

Consumer Confidence Reaches 9-Month High

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

By Sheiresa Ngo

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Student Loan Rates Expected to Rise

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

By Sheiresa Ngo

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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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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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debt2

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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HomeownershipCoupleManWoman

The CFPB Proposes E-Closing Pilot Program

New program tries to take the stress out of closing

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

By Sheiresa Ngo

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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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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

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ATM Keypad

Virtual Tellers Might Be Coming to a Bank Near You

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

The virtual tellers do have some limitations, however

By Sheiresa Ngo

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Wal-Mart

Walmart Offers New Money Transfer Service

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

The new service is called Walmart-2-Walmart

By Sheiresa Ngo

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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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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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Personal Finance Author Manisha Thakor Talks About Women and Money

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

By Jamarris Richardson-Mcfield

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Black-Unemployment

Jobless Rate Down in 21 States

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

By Sheiresa Ngo

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2.6 Million Cards Affected in Data Breach at Michaels Stores

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

By Sheiresa Ngo

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

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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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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

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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

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email hacking

Better Business Bureau Warns Consumers of Fake USPS Emails

Your passwords, usernames, and financial information could become vulnerable

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

By Sheiresa Ngo

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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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know-your-banker

Fake Credit Unions Steal Millions from Consumers

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

From 2007 to 2009

By Sheiresa Ngo

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taxes

Social Security Stops Collecting on Old Taxpayer Debts

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

By Sheiresa Ngo

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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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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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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 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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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

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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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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

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

U.S. Creates 192,000 Jobs in March

How is your job search going?

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

By Sheiresa Ngo

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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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Financial Literacy Month: Five Tips for Financial Well-Being

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

By Sheiresa Ngo

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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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Women of Power

Lisa Nichols

Author and Motivator Lisa Nichols Inspires During Social Media Event

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

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

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

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