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[SURVEY] How Does Your Wealth Management Measure Up? Infographic: How the Rich Avoid Taxes [Exclusive] Part 2: Rick Ross Details Nigerian Business Interests and Winning with MMG Team Top 10 Sizzling Real Estate Markets Black Celebs Dominate Forbes’ ’10 Most Powerful’ List Black Enterprise Publishes Rankings Of Nation’s Largest Black-Owned Businesses How to Talk to Your Children About Money 4 Ways to Save Money on Hotel Costs Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home Magic Johnson to Buy Clippers Away From Donald Sterling? 3 Lessons to Teach Your Kids About Money What to Look for in an IPO Personal Finance Word of the Day: myRA 3 Habits For Better Money Outcomes in 2014 Tips on Overcoming and Surviving a Financial Crisis Is Mixing Business and Pleasure Worth the Risk? Tips for Staying within Your Holiday Budget 5 Must-Haves to Get Your Retirement Plan Started Dealing With Debt That Won’t Die What to Do When Your Retirement Nest Egg Starts to Dwindle You Lost Your Social Security Card. Now What? What Happens When Your Spouse Decides She No Longer Wants to Work? 4 Quick Tips for Saving Money on Back-to-School Shopping With ‘Keisha Cane’ Book Series, a Young Author Champions Child Literacy In Hedge Fund Manager’s Last Hours of Freedom, an Attempt at One Last Victim Black Hedge Fund Manager Is a Fraud, Prosecutors Say #WealthforLife Wednesdays: Is it Time to Consult a Financial Planner? Plan, Save & Execute: Take Control of Your Money This Summer How Do The Rich And Famous End Up Broke? NFL Player Works at Sandwich Shop Making $7.50 an Hour 5 Money Lessons From Drake’s “Started From the Bottom” Decoded: It’s A Different World Without TV’s Favorite Cast For Blacks at Red Lobster, a Nexus of Novelty, Nostalgia For NBA’s Steve Smith, a Career and Life Built on Giving is Coming Full Circle Are You in a Financially Abusive Relationship? Family Matters Decoded: The 411 on Chicago’s Favorite Family T.I. Decoded: A Music and Media Empire Served Family Style Idris Elba Decoded: The Future of Black Leading Men in Hollywood Quick Ways to Save Money at Thanksgiving The Harsh Reality Of Single Black Women And Bankruptcy

Newsletter Money

Man-Cash-Money-620480

[SURVEY] How Does Your Wealth Management Measure Up?

Massachusetts Mutual Life Company (MassMutual) took an in-depth look at African American household finances to…

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(Image: Thinkstock)

Infographic: How the Rich Avoid Taxes

A breakdown of how the wealthy use savvy to save money

Those making $10 million annually pay an average income tax rate of 19%.

By Sheiresa Ngo

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rick-ross

[Exclusive] Part 2: Rick Ross Details Nigerian Business Interests and Winning with MMG Team

'It's no better time than now to set example, rewrite the game'

Mogul Rick Ross sits down for part two of BlackEnterprise.com exclusive to talk business interests…

By Richard Spiropoulos

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Black Family

Top 10 Sizzling Real Estate Markets

Among fastest growth markets, California dominates the list

In some U.S. markets, it's better to own than rent (Image: ThinkStock)
Some people have no…

By Sheiresa Ngo

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Black Celebs Dominate Forbes’ ’10 Most Powerful’ List

Who are the most powerful celebrities in the world at the moment?

Black celebrities dominate Forbes’ ‘Most Powerful List’ which includes Floyd Mayweather, Beyonce, Oprah and Dr.…

By Richard Spiropoulos

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BE 100s LOGO

Black Enterprise Publishes Rankings Of Nation’s Largest Black-Owned Businesses

42nd Annual B.E. 100s Report On Top Industrial/Service Companies, Auto Dealerships, Financial Companies and Ad Agencies

The 42nd Annual Black Enterprise 100s report on top Industrial/Service Companies, Auto Dealerships, Financial Companies…

By Alfred Edmond, Jr.

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black-woman-with-child-piggy-bank

How to Talk to Your Children About Money

Use this strategy to ensure your children are on the right path with financial fitness.

By Sheiresa Ngo

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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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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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Magic-Johnson-Smiling

Magic Johnson to Buy Clippers Away From Donald Sterling?

The former NBA star has set his sights on purchasing the team from Donald Sterling

Johnson has been trying in earnest to become an owner of a NBA team and…

By Cedric 'BIG CED' Thornton

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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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IPO

What to Look for in an IPO

Earnings, cash flow and revenue growth are the most important criteria

IPOs provide a rare chance to peek into a private company’s financials (as required by…

By Alan Hughes

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SHARE YOUR EXPERTISE BY TEACHING You've accumulated a lifetime of real-world work experience and general life experiences. Why not share your expertise with the world by becoming a teacher? A part-time teaching job or instructor position could help you bring in a steady paycheck during your golden years or amid a period of semi-retirement. Teaching is also a great way to keep your mind stimulated and help you connect with others. By contributing to young people's development, you'll make a difference in the world beyond your own life. You may not get rich teaching part-time; but you will enjoy a richer life.

Personal Finance Word of the Day: myRA

Your daily money bite

Description of new retirement account

By Sheiresa Ngo

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(File)

3 Habits For Better Money Outcomes in 2014

Make sure your money is right or else everything in your life will go wrong

Commit to good habits, not just desired outcomes

By Alfred Edmond, Jr.

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"How will my business make money if no one wants to pay?"

Tips on Overcoming and Surviving a Financial Crisis

The best time to overcome a financial crisis is before there is one

Karl Hardesty, CEO of Hardesty LLC, offers tips for overcoming a financial crisis and avoiding…

By C. Daniel Baker

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coupleoutonadate

Is Mixing Business and Pleasure Worth the Risk?

Workplace love can be magical--or a complete disaster

It’s up to two responsible adults to make wise decisions so they don’t jeopardize their…

By Kenny Pugh

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holiday-shopping-sales-e1355955650770

Tips for Staying within Your Holiday Budget

Don’t let seasonal shopping wreck your finances

How do you make sure you get the most bang for your buck?

By Sheiresa Ngo

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If you are considering offering a retirement plan for your employees, doing so before the end of the year could provide tax benefits.  Your business might be eligible for a $500 tax credit for the first three years of your plan to help defray setup costs. In addition, any employer contributions to employee plans enjoy tax deductions, and a business owner can realize personal tax savings by contributing to a plan.

5 Must-Haves to Get Your Retirement Plan Started

Financial planner offers tips to help get you on the right track

Financial planner offers tips to help get you on the right track

By Alan Hughes

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Dealing With Debt That Won’t Die

A charge off is not loan forgiveness.

A charged-off account could cause you trouble for years to come.

By Sheiresa Ngo

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If you are considering offering a retirement plan for your employees, doing so before the end of the year could provide tax benefits.  Your business might be eligible for a $500 tax credit for the first three years of your plan to help defray setup costs. In addition, any employer contributions to employee plans enjoy tax deductions, and a business owner can realize personal tax savings by contributing to a plan.

What to Do When Your Retirement Nest Egg Starts to Dwindle

Here’s how to handle financial curveballs during your golden years.

How can pre-retirees avoid or minimize the impact of an economic downturn on their retirement…

By Sheryl Nance-Nash

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social-security-card

You Lost Your Social Security Card. Now What?

Tips for replacing a lost card.

Here’s what to do if your Social Security card is lost or stolen.

By Sheiresa Ngo

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black-couple-finances

What Happens When Your Spouse Decides She No Longer Wants to Work?

Figuring out a short-term solution to a long-term problem

Matt and Shelly had a conversation prior to the wedding in which they both acknowledged…

By Kenny Pugh

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back-to-school-shopping

4 Quick Tips for Saving Money on Back-to-School Shopping

Keep more cash in your pocket

Summer will soon draw to a close, and kids will be back on the school…

By Sheiresa Ngo

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photo-main

With ‘Keisha Cane’ Book Series, a Young Author Champions Child Literacy

In just days, Ashley and April Foxx raised over $6,000 through Kickstarter

Keisha Cane — and all her mischief — could soon be coming to a book…

By Darren Sands

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Fredrick-D-Scott-Image_21-e1369017263149

In Hedge Fund Manager’s Last Hours of Freedom, an Attempt at One Last Victim

Alleged scam artist wooed startup founder with fancy cars, back story

Mr. Bailey says he’s relieved he seems to have dodged a major bullet.

By Darren Sands

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Fredrick D. Scott was arraigned on charges he stole from investors.

Black Hedge Fund Manager Is a Fraud, Prosecutors Say

Claimed to manage billions in assets through firm

Fredrick D. Scott, who presented himself as a well-heeled hedge fund manager who sought in…

By Darren Sands

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(Image: Thinkstock)

#WealthforLife Wednesdays: Is it Time to Consult a Financial Planner?

After years of doing things on my own I knew it was time to get some professional advice

Before you dismiss the idea of working with a financial planner, find out how they…

By LaToya M. Smith

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Plan, Save & Execute: Take Control of Your Money This Summer

Spend your summer months worry-free

We are heading into the busy summer season filled with travel, good food & time…

By Jennifer Streaks

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dionne-warwick-smiling

How Do The Rich And Famous End Up Broke?

The same way you do. Except your money troubles don't get put out on Front Street by everyone from CNN to TMZ.

It’s a familiar story: professional athletes, superstar entertainers and other famous celebrities losing their homes,…

By Alfred Edmond, Jr.

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terrence-ganaway

NFL Player Works at Sandwich Shop Making $7.50 an Hour

This football player is happy to make you a sandwich, provided you hold the judgment

Terrance Ganaway just doesn’t care.

By Darren Sands

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DrakeStartedFromTheBottomVideo

5 Money Lessons From Drake’s “Started From the Bottom”

The new single for an album due in 2013 has the radio and Internet abuzz

Money lessons from Mr. Young Money himself

By Darren Sands

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a different world cast

Decoded: It’s A Different World Without TV’s Favorite Cast

Black Enterprise delves into the lives of cast members from A Different World.

Black Enterprise takes a look at the cast members of A Different World after they…

By Amber McKynzie

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Tilapia with Roasted Vegetables

For Blacks at Red Lobster, a Nexus of Novelty, Nostalgia

Darden Restaurants is banking on a brand refresh nearly a decade in the making to rebuild Red Lobster, but will loyal black dollars be essential to the turn around?

African Americans, long a loyal part of Red Lobster’s consumer base, experience a relatively new…

By Darren Sands

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steve-smith-talking

For NBA’s Steve Smith, a Career and Life Built on Giving is Coming Full Circle

Steve Smith's always been one of the NBA's good guys -- the only thing is that he's pretty much just getting started

The Detroit native will on Monday be inducted into the Michigan Sports Hall of Fame.

By Darren Sands

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black-couple-finances

Are You in a Financially Abusive Relationship?

Abuse isn’t just physical these days!

An enabler is one that enables another to achieve an end; especially: one who enables…

By Patrice C. Washington

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family matters cast

Family Matters Decoded: The 411 on Chicago’s Favorite Family

Black Enterprise remembers the cast of one of America's favorite TV shows, and is giving you the scoop on where they are now.

From Kellie Shangyne Williams to Telma Hopkins, Black Enterprise looks into the lives of the…

By Amber McKynzie

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ti-smiling

T.I. Decoded: A Music and Media Empire Served Family Style

When T.I. began rapping, he never knew he would become an all-around money making machine.

Clifford Joseph Harris, Jr. has been labeled the Jay-Z of the South by Pharrell Williams…

By Darralynn Hutson

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idris-elba

Idris Elba Decoded: The Future of Black Leading Men in Hollywood

Is Elba the next Denzel?

Idris Elba’s career in music with tracks like “Secret Garden” and his DJ career may…

By Maurice Garland

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Quick Ways to Save Money at Thanksgiving

Save money and time this holiday season

Save money and time this holiday season

By Ashley R. Harris

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single-black-women-debt-bankruptcy

The Harsh Reality Of Single Black Women And Bankruptcy

Study shows the racial wealth gap is still alive

Study shows the racial wealth gap is still alive

By Black Enterprise

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Women of Power

(File)

REGISTER NOW: Black Enterprise Women of Power Summit’s 10th Anniversary

It will be a landmark year for the Black Enterprise Women of Power Summit in…

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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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