Tag Archives: financial literacy

Managing Credit: Understanding Your Utilization Ratio

Your guide to understanding and managing your credit.

Creditors use a calculation called a credit utilization ratio, which makes up 30% of your…

By Sheiresa Ngo

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Building Wealth Requires Do-it-Yourself Investing

Increasingly, we must all fend for ourselves when it comes to living comfortably in our golden years

This year, my 6-year-old daughter, Ella, learned how to count money. I burst with…

By John Simons

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empty_pockets1

10 Reasons You’re Still Broke

Does it seem like there's a perpetual hole in your pocket? Here's why.

I often hear people say, “I have a steady job, so why am I still…

By Sheiresa Ngo

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The hardest part about being young and trying to navigate the sometimes confusing maze of personal finance is finding the right resources. While there are plenty of helpful books and Websites available, the hardest part is finding them. Check out these money sites that are sure to help Gen Y-ers get a handle on their finances.

Best Money Sites for Young People

Use these Web tools to help you save and budget

While there are plenty of helpful books and Websites available, the hardest part is finding…

By Renita Burns

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Help! I Can’t Open a Checking Account!

3 ways to get your check-writing privileges restored

If you’ve been reported to a consumer checking history database such as ChexSystems, you won’t…

By Sheiresa Ngo

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

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

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

By John Simons

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Women & Investing: Are You a Reluctant Investor?

Gain confidence by educating yourself and developing a financial strategy

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

By Patricia Stallworth

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What? You Mean I Have to Read?

Despite the social media revolution, the wealthiest, most influential people read books. My advice: Do what they do.

“Good article. Catchy title. Just wish it had more practical advice. Now I have to…

By Alfred Edmond, Jr.

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Who’s The Money Role Model for Your Kids?

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

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

By Patricia Stallworth

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

Required Reading: 20 Books to Boost Your Financial Literacy

Black Enterprise staffers recommend their favorite books on money and investing

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

By John Simons

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Overview: The White House’s Financial Reform Plan

Enforcing common-sense rules for consumers, investors

The White House issued a fact sheet on how the president’s financial reform plan will…

By BlackEnterprise.com

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Cutting Edge: How NOT to Invest in a Mutual Fund

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

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

By Renita Burns

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It’s Time to Celebrate Financial Literacy Month!

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

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

By Patricia Stallworth

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Are Black Folks ‘Scrubs?’

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

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

By Eric D. Grant

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Pick the Right Financial Professional

The difference between a CFP and a CPA and more

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

By Bridget McCrea

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Pep Talk: Ready to be Debt-Free

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

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

By Tennille M. Robinson

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Talking Points: UNCF Colleges More Affordable Than Their Peers

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

By Deborah Creighton Skinner

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How to Tell if You Need a Financial Planner

Here are some reasons people decide to work with an adviser

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

By Bridget McCrea

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Play Games with Your Money

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

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

By Sheiresa Ngo

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I’m Not Rosa Parks. He’s Not Dr. King.

But they are The Empowerment Experiment

Dr. King tells me that even though he and Rosa Parks and all the other…

By Maggie Anderson

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