Tag Archives: Money Management

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

Posted: Tags: , ,
after-school-daze-recent-grad-300x232

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

Posted: Tags: , , ,

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

Posted: Tags: , , ,
black-couple-smiling

MetLife Offers Tips on Managing Love and Money

Guidelines for creating harmony between your money and your honey

MetLife’s handy tips are from their love and money workshop, which is part of their…

By Sheiresa Ngo

Posted: Tags: , ,
aaron-w-smith

Black Enterprise’s Financial All-Stars: Aaron W. Smith Talks Raising Capital

Advice from Black Enterprise's top experts

What are the best ways to raise capital?

By Sheiresa Ngo

Posted: Tags: , ,
Purses

Women of Power: Financial Advisor Robin A. Young Asks “What’s In Your Purse?”

The value of your purse and its contents tells a lot about you

On average women own six handbags

By Carolyn M. Brown

Posted: Tags: , , , ,
(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.

Posted: Tags: , , , , , , , , , ,
ManBusinessHappySuccess620480

Set Yourself up for Financial Success [Infographic]

MetLife provides money management tips for young adults

Paying careful attention to your finances is the key to achieving financial freedom

By Sheiresa Ngo

Posted: Tags: , , , ,
(File)

How We Manage Money in the U.S. [Infographic]

A snapshot of how people in the United States approach finances

Get a peek into how people in the United States approach household finances, budget preparation,…

By Sheiresa Ngo

Posted: Tags: , , , ,
Charisse Conanan and Adrissha Wimberly are the founders of Smarteys (Image: Source)

Tech Startup of the Week: Financial Management Service Turns Millennials Into ‘Smarteys’

Financially savvy duo founds startup that helps young people manage their money

Smarteys founders sat down with BlackEnterprise.com to talk about entering a new industry, how they…

By Janel Martinez

Posted: Tags: , ,
NYC tourists may soon be fined for buying counterfeit luxury goods

When It Comes To Your Money, Are You A Hot Mess?

An exercise to give yourself a reality check—and maybe a much needed wake-up call—when it comes to your financial habits.

Check yourself. Before your wreck yourself.

By Alfred Edmond, Jr.

Posted: Tags: , , , , , ,
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.

Posted: Tags: , , , , , ,
lending money

Never Be Guilted Into Making Bad Money Decisions

Don't be emotionally blackmailed into putting your financial health at risk

There is nothing wrong with helping friends and relatives during tough times, commensurate with the…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , , , , ,
panh

Kentucky Panhandler Rakes In $100,000 Annually

Convicted con artist is literally ridin' around and gettin' it

Con artist says he pretends to be mentally challenged and makes six figures from the…

By Darren Sands

Posted: Tags: ,
elderly-mom-300x232

Inform Your Elderly on the Dangers of Self-Directed IRAs

Just one or two mishaps can lead to losing everything when an investment goes bad

Don’t let your elderly family members fall victim to the risks of self-directed IRAs.

By Jennifer Streaks

Posted: Tags: ,
The Annual Small Business Government Procurement Conference is coming to D.C.

Money Questions: Things You Should Ask Before Accepting a Job

Things you should know before accepting the job

When it comes down to it your career should not only fulfill you but should…

By Sasha King

Posted: Tags: , , , , , , , , , , ,
Your choice: Will you celebrate financial freedom in 2013—or continue to suffer from a financial hangover? (Image: ThinkStock)

New Year’s Resolutions for Financial Freedom in 2013

If you're not willing to keep these three key commitments, you're just kidding yourself about improving your finances during the year to come.

When it comes to money, I believe that improving our finances boils down to three…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , , ,
He still rocks leisure suits and hates that "hippity hoppity" music. But you might want to listen to grandpa when it comes to handling money. (Image: ThinkStock)

“Now, Back In MY Day!” For New Wealth, Go Old School

The money rules followed by earlier generations may hold the keys to your financial freedom today.

You can call it old fashioned, but many of the rules previous generations followed when…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , ,
money-stack-620x480

Women More Likely to Use Payday Loans Than Men

Predatory lending practice popular among whites, women

The parasite of the lending community attacks women significantly more than it does men

By Ashley R. Harris

Posted: Tags: ,
2. Reduce debt

Consumer Reports has found that in late 2011, 14 million Americans were still paying off their holiday bills from 2010. If you haven't been able to get out of credit card debt on your own, try boosting your financial fitness by joining a free financial boot camp offered online like MyMoneyCircles.com. This practical, step-by-step program, which I help lead with a team of experts, will help you reduce debt, figure out how to save money and reach a host of financial goals, including all of the financial New Year’s resolutions on this list.

It’s Time to Escape Slavery—From Debt

Free your mind, and your finances will follow. You can't achieve wealth if you won't change the way you think about money.

Too many of us are living beyond our means and pursuing a poverty lifestyle.

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , , , , , , , , , ,
LebronJames300232

National Urban League Blasts Nike’s $315 Lebron Sneaker

Analysts say brand's shoe prices rising across the board

Company’s overall shoe hikes will be seen across the board, as basketball superstar’s shoe may…

By BlackEnterprise.com

Posted: Tags: , , , ,
You’ve walked across the stage, and graduation is over. Now you’re inching your way into the world of adulthood equipped with working a 9-to-5 and paying bills. For the majority of post-college grads, handling their own finances is a new--- and scary---experience. 
According to FinAid, graduating seniors leave college with an average of $23,000 in loan debt. Add to that rent, utilities, gas, and groceries, and it’s easy to dig yourself into a deep hole with the average entry-level salary. While surviving on a starting salary is difficult, it’s not impossible. Here are four tips from Darric N. Boyd, a Merrill Lynch certified financial expert, on getting (and keeping) a grip on your newfound finances. --- Jamie Harrison

Real-World Finances 101: Smart Money Tips for Recent Grads

Once you've landed your first job, be sure to map out a financial plan

So you’ve got your degree and you’ve even landed your first job. Well, you’ll need…

By Jamie Harrison

Posted: Tags: , , ,
Eric Patrick and Antoinette Haile (Photo by Tom Hussey)

What’s Love Got to Do With It?

When couples come together, they must undergo the unromantic process of figuring out how to…

By Sheryl Nance-Nash

Posted: Tags: , , , , , , ,
Notorious B.I.G. once rhymed, "There’s rules to this stuff. I wrote me a manual."  Though it applied to a different type of game, Christopher Wallace was on to something. Now that the 2012 NFL Draft is over, many players will need a guide to  keep them out of the gossip blogs, tabloids, and bankruptcy courts. We’ve seen so many athletes come into the NFL broke and leave in the same way. It’s a cycle we must stop. So, before these athletes get caught up, perhaps they should read The Five Draft Commandments. (What!) ---Christian Law


Left, 2012 NFL First-round draft pick Fletcher Cox of the Philadelphia Eagles (Photo by Hunter Martin/Philadelphia Eagles/Getty Images)

New Money: The Five (NFL) Draft Commandments

Rookies should heed these rules of finance and life to avoid pitfalls

With the 2012 NFL Draft complete, here are some rules of money (and life) that…

By Christian Law

Posted: Tags: , , , , , , , , , , , , , , , , , ,
Clockwise from top: Brown, Gumbs, Young, Douglass, Alleyne, Epperson and St. Claire (Photo by Lonnie C. Major)

Get Excited About Your Money

Our Wealth for Life mission is to ensure that you become an active participant in…

By Alisa Gumbs

Posted: Tags: , , , , , , ,
Cindy McField-Asamoah, a vice president with the Corcoran Group (left) and Robin A. Young, president of Women Behaving Wealthy (Photo by Rayon Richards)

Peek In Your Purse

“A woman behaving wealthy spends on the basis of what is important to her on…

By Carolyn M. Brown

Posted: Tags: , , , , ,
SuccessManHappySuit620480

Win Big: How Being ‘Crazy and Fearless’ Can Lead to Millions

Young, self-made millionaire shares keys to career and life success

Founder and CEO of an empire, Arthur Wylie made his first million at age 26.…

By Janell Hazelwood

Posted: Tags: , , , , , , , , , , , , , , , , , , , , ,
Earl "Butch" Graves Jr., President & CEO, Black Enterprise

Women, Control Your Financial Destiny

This month’s column is dedicated to our loyal female readers. My wise grandmother always encouraged…

By Earl "Butch" Graves Jr.

Posted: Tags: , , , , ,
DeSean Jackson of the Philadelphia Eagles in his handout picture (Image: Getty)

8 Things Every Athlete Should Know Before Going Pro

Athletes should consider these ground rules before signing on the dotted line

BE Next lists a number of prerequisite moves and options any future franchise player should…

By BlackEnterprise.com

Posted: Tags: , , , , , , , ,
Zaneilia Harris learned some hard money lessons (Photo by Kevin Allen)

5 Common Money Mistakes

Zaneilia A. Harris says don’t make the same error she did with your hard-earned cash

When Zaneilia A. Harris landed her first job out of college as auditor with the…

By Tamara E. Holmes

Posted: Tags: , , , , , ,
Darrius and Meagan Peace (Photo by Jerry Siegel)

Committed to Black Business

Darrius and Meagan Peace realized the full benefit that participating in a black expo could…

By Aisha I. Jefferson

Posted: Tags: , , ,
Chris White (Photo by Rayon Richards)

Getting On Track

White, who at one time had a credit score of 710 before filing for Chapter…

By Sakina P. Spruell

Posted: Tags: , , , , ,
Venture Capital Firms Profit from Funding Women-led Businesses

7 Excuses That Are Delaying Your Retirement

Time is the most vital element in building your nest egg. Start now, or pay later

Time is the most vital element in building your nest egg. Start now or pay…

By LaToya M. Smith

Posted: Tags: , , ,
200275643-001

3 Mistakes Singles Make with Their Money

Without a spouse to pick up the slack, you could be left in a financially vulnerable position. Here's how to be prepared

Without a spouse to pick up the slack, you could be left in a financially…

By Sheiresa Ngo

Posted: Tags: , ,
Man-Cash-Money-620480

3 Signs Your Man is Bad with Money

Here's how to handle a beau who spends beyond his means

Madame Noire details 3 signs that your gent isn’t good with his finances. Take note…

By BlackEnterprise.com

Posted: Tags: , , , , , , ,
PocketsBrokeMoney

How to Handle Your Beau Being Broke

Madame Noire details best way to manage a relationship with limited funds

Maybe your beau is struggling to find a job in this terrible economy. Or perhaps…

By BlackEnterprise.com

Posted: Tags: , , , , , , , , , ,
Hill-Harper-300x232

Sick And Tired Of Your Money Problems? Try Hill Harper’s ‘Wealth Cure’

The actor and best-selling author's new book has The Wealth Cure for what ails you financially, and it's good medicine

The best-selling author and actor Hill Harper provides sound strategies for managing and investing your…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , ,
Woman-stress-busines-career-office-620480

Get it Together, Diva: Plans B, C, and D are Always a Good Look

Proper prioritizing and preparation can help to cushion life's bumps

When it comes to life, prioritizing and practicing due diligence in all aspects is def.…

By Janell Hazelwood

Posted: Tags: , , , , , ,
(Image: ThinkStock)

Lessons in Money Management from My Mom

Knowing how to handle money should start in the home from our first teachers

Saving for the future should start at childhood and that responsibility fall son our parents…

By Caroline Clarke

Posted: Tags: , , , , , , , ,
Boss-Rick-Ross-Meek-Mills-Black-Enterprise

Pseudo Phenom: It Takes More than Bragging to be a Boss

Cars, clothes and uh... that ... isn't enough to win the title of head honcho

As with any pop culture concept that takes on a life of its own, the…

By Janell Hazelwood

Posted: Tags: , , , , , , , , , , , , , , , , ,
bankruptcy-empty-pockets-071211-300x232.jpg

The Truth About Bankruptcy: Why All Your Debts WON’T Go Away

What you need to know before you file

While it’s true that Chapter 7 bankruptcy can wipe out many consumer debts, such as…

By Lynnette Khalfani-Cox

Posted: Tags: , , , , , , , , ,
Earl "Butch" Graves Jr., President & CEO, Black Enterprise

Make Money Management a Family Affair

For those who believe the days of spending with reckless abandon will return, I have…

By Earl "Butch" Graves Jr.

Posted: Tags: , , , ,
M

5 Tips on How to Handle Sudden Wealth

Whether you just signed a multi-million dollar contract or inherited property from a wealthy relative, here are some tips to help you keep—and grow—your wealth responsibly

Whether you’ve just signed a multi-million dollar contract, won the lottery, or inherited property from…

By Robert J. Gordon

Posted: Tags: , , , , ,
Photo: Ara Howrani

Doing What You Love

To follow his newfound passion for teaching, William Hampton must learn to live on a smaller income

Last year, William Hampton, 27, decided that he’d rather shape young minds than build automobiles.…

By Jason Evers Roberson

Posted: Tags: , , ,
LisaRaye1

WATCH: LisaRaye McCoy on Life Lessons and Being ‘Every Woman’

The actress expands her brand with the return to her top-rated reality show and new sitcom

BlackEnterprise.com caught up with actress and former First Lady of Turks & Caicos LisaRaye…

By Janell Hazelwood

Posted: Tags: , , , , , , , , ,
According to the 2010 Ariel Black Investor Survey, African Americans consistently saved and invested less than whites of similar incomes over the past decade. As BLACK ENTERPRISE CEO Earl "Butch" Graves, Jr. wrote in a recent Executive Memo: "Make money work for you, not against you. We must reverse this trend by taking a disciplined approach." For the February issue of BLACK ENTERPRISE magazine, I charged our Finance Editor John Simons and our Consumer Affairs Editor Sheiresa Ngo with wwweloping 10 power moves to improve our readers' finances. Follow these tips to better manage your money today an dreap huge benefits tomorrow!--Derek Dingle

10 Power Moves to Help You Better Manage Your Money

Simple steps to help you spend, save and invest smarter

According to the 2010 Ariel Black Investor Survey, African Americans consistently saved and invested less…

By Derek T. Dingle

Posted: Tags: , , , , , , ,

10 Creative Ways to Make Extra Money Now!

To quote Shakespeare: “To Thine Own Self Be True” applies to finding the right “Survival…

By BLACK ENTERPRISE

Posted: Tags: , , ,
The holiday shopping season is over and the New Year has begun. Reaching your financial goals starts with getting a clear picture of where you are today. Guessing and estimating will not do; you need to know exactly where you stand financially, to the dollar if not to the penny, not in your head, but on paper (even better, on computer). To increase your wealth by December 31, 2011, here's what you need to do NOW. --Alfred Edmond Jr.

5 Steps to a Richer 2011

Reaching your financial goals starts with getting a clear picture of where you are. Here's what to do NOW!

The holiday shopping season is over and the New Year has begun. Reaching your financial…

By Alfred Edmond, Jr.

Posted: Tags: , , , , , , , , , , , ,

Ingredients for Success

A debt-free past and sound personal money management skills enable restaurateurs to grow

For more than a decade, restaurateurs Joshua Suggs and Coretta King have kept a vigilant…

By Glenn Townes

Posted: Tags: , , ,

Your 2011 Debt Crisis Guide

If you're deep in debt and you've run out of options, use this guide as part of your plan of attack

It’s a New Year and time to make good on promises to order your finances.…

By Sheryl Nance-Nash

Posted: Tags: , ,
01WFL-KylaAcie1a

Taking Control

Kyla Acie knows how to save, but she needs to set investment goals for retirement and her child�s education

Investing for long-term goals is important to Acie. Many African Americans, regardless of age or…

By Carolyn M. Brown

Posted: Tags: , , ,
Hip-hop artist M.C. Hammer is infamous for his financial fall from grace in the '90s, and his troubles followed him into a new decade. In 2009, he owed more than $671,000 in state and federal taxes.

10 Black Celebrities Who Have Had Their Share of Tax Woes

The IRS halts for no man--or star. See how some famous folks have (mis)handled their finances

Here are 10 black celebrities who felt the wrath of the IRS

By Janell Hazelwood

Posted: Tags: , , , , , , , , , ,

What You Can Learn From … Wesley Snipes’ Tax Evasion Blunder

Negligence and protest are NOT your friends when dealing with the IRS. In fact, they could get you three years in prison

As Wesley Snipes reports to prison today to serve a three-year sentence for tax evasion,…

By Janell Hazelwood

Posted: Tags: , , , ,
For further reading: 5 Financial Lies that Could Land You in Hot Water The 7 Deadly Sins of Money Management 16 Money Experts Who Want to Make You Rich

7 Money Lessons from the Bible

Who knew the good book contained wisdom for your life and your finances?

The Bible is not only a source of inspiration, comfort, and a guide for living,…

By Sheiresa Ngo

Posted: Tags: , , , , , , , , , , ,

Book Review: Bold Moves To Creating Financial Wealth

At just over 100 pages, this primer is a good first read for those intimidated by money books

Bold Moves to Creating Financial Wealth by Gerald Grant Jr. delivers a quick read, keeping…

By Alfred Edmond, Jr.

Posted: Tags: , , , ,
money_burning

The 7 Deadly Sins of Money Management

Avoid these blunders to save your finances.

Avoid these blunders to save your finances.

By Sheiresa Ngo

Posted: Tags: , , , , ,
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.

6 Financial Deadbeats to Avoid

Make sure you don't turn into one

Make sure you don’t turn into one

By Sheiresa Ngo

Posted: Tags: , , , , ,
Dysfunctional spending habits could eventually blow up in your face

Four Behaviors That Could Destroy Your Finances

What you don't know about your spending habits can hurt you

Each one of us has a certain “money personality” that drives our financial behavior. And…

By Sheiresa Ngo

Posted: Tags: , , , , , ,
shutterstock_47817154

Why Financial Fitness Isn’t Just About Getting Married

Honest, open communication--not finger-pointing--is vital in a happy relationship

Let’s take the strategic steps in striving to improve and build a clear path toward…

By Janell Hazelwood

Posted: Tags: , ,

Love & Money: Managing Debt as a Couple

Your guide to managing matters of finance and romance

Debt is never pleasant, but when you’re in a relationship and you share the bills,…

By Sheiresa Ngo

Posted: Tags: , , , , , ,

Love & Money: 6 Ways to Stop Fighting About Money

Your guide to managing matters of finance and romance

Love can be grand until the arguments begin. And more often than not, it’s about…

By Sheiresa Ngo

Posted: Tags: , , , , , , , , , , ,

The Single Life: Getting Your Finances in Order After Divorce

Solutions for managing business, finance, and professional issues

Tisdale offers advice for the newly single.
Divorce can be a drain on not only your…

By Janell Hazelwood

Posted: Tags: , , , , , , , , ,

8 Personal Finance Tips for Young Adults

The basic concepts you need to embrace in order to take charge of your financial future

Young adults—in high school or college and just starting a career or a family—have plenty…

By BLACK ENTERPRISE

Posted: Tags: , , , , , , , ,
shutterstock_48071317

Money Basics: How to Begin Investing

Lessons on the fundamentals of personal finance and money management

John Gannon, senior vice president of The Financial Industry Regulatory Authority(FINRA)’s Office of Education, offers…

By Janell Hazelwood

Posted: Tags: , , , , , , , , , , , , ,

Boosting Profits

An international CFO shares the benefits of zero-based budgeting

Power Play: Clarke’s modification of the budgeting policy at MLSE, which comprises several sports franchise…

By Alan Hughes

Posted: Tags: , , ,

The Single Life: Why You Need An Estate Plan

Solutions for managing business, finance, and professional issues

Estate plans are important for single people, too. Here are the basics of setting up…

By Janell Hazelwood

Posted: Tags: , , , , , , , , , , ,

Budgeting Insider: 5 Ways to Trim Your Budget

Your guide to managing every day finances

Times are tough. The economy is still on the rocks, and your financial life has…

By Sheiresa Ngo

Posted: Tags: , , , , , , , , , , , ,

Love & Money: How to Merge Finances with Your Spouse

Your guide to managing matters of finance and romance

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

By Sheiresa Ngo

Posted: Tags: , , , , , , , , ,

Money Expert Q&A: A Financial Fast to Curb Unnecessary Spending

Insider tips on how to build and manage wealth

Money expert and author Michelle Singletary talks about how to approach a financial fast to…

By Janell Hazelwood

Posted: Tags: , , , , , , , , , , ,

Love & Money: 6 Important Questions to Ask Your Honey

Your guide to managing matters of finance and romance

Here are six money management questions you should ask a love interest before committing.

By Sheiresa Ngo

Posted: Tags: , , , , , , ,

Money Expert Q&A: Replenish Savings with Life Insurance

Insider tips on how to build and manage wealth

You can use life insurance to supplement retirement income, grow your retirement reserves, and replenish…

By Marcia Wade Talbert

Posted: Tags: , , , ,

Dealing With Debt: More Ways to Finance Your Education

Everything you need to know to tame your debt and keep it under control

More options for managing student loan debt.

By Renita Burns

Posted: Tags: , , , , , , ,

Money Basics: 5 Keys to Wealth

Lessons on the fundamentals of personal finance and money management

I recently attended a Rich Dad, Poor Dad wealth building seminar held by author Robert…

By Sheiresa Ngo

Posted: Tags: , , , , , , , ,

Budgeting Insider: Style Savvy on a Shoestring Salary

Your guide to managing everyday finances

What better way to feed a love for fashion—without eating up your finances–than by incorporating…

By Janell Hazelwood

Posted: Tags: , , , , , ,

Amazing Savings

Secrets to scoring great deals on just about everything

Just because you’re keeping a close eye on your finances doesn’t mean you have to…

By Aisha I. Jefferson

Posted: Tags: , , , , , , , ,

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

Posted: Tags: , , , , , , ,

Teach Them Well

Why nowmore than everits important to communicate financial lessons to your children

Last summer, 16-year-old Calvin O’Neal worked for the New York City Summer Youth Employment program…

By Robin White Goode

Posted: Tags: , , , , ,

Plan Well, Retire Rich

How Tony Gittens and Jennifer Lawson invested for a long, healthy retirement

If You were to accuse Tony Gittens and his wife, Jennifer Lawson, of being obsessive…

By Glenn Townes

Posted: Tags: , , , , , , ,
eyesontheprize

Eyes on the Prize

April McLemore wants to �retire by age 55. But will she have enough money saved in 16 years to live �comfortably?

Friends and family aren’t likely to find April McLemore shopping in stores such as Nordstrom…

By Carolyn M. Brown

Posted: Tags: , , , , , , , , , , , , ,
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

Posted: Tags: , , , , , , , , ,
Life is often a bit easier when you receive a word of wisdom to guide you along the way. Here, you'll read some wise words from financial planners on retirement, saving, investing, budgeting, and managing your finances.

5 Money Quotes to Live By

Heed these words and enrich your financial life

Life is often a bit easier when you receive a word of wisdom to guide…

By Sheiresa Ngo

Posted: Tags: , , , , , , , , , ,
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

Posted: Tags: , , , , , , , ,

What You Should Know Before Settling Credit Card Debt

Be mindful of the pros and cons of consulting a service

If you’re up to your eyeballs in debt and can’t see the light at the…

By Sheiresa Ngo

Posted: Tags: , , , , , ,

How to Combat New Banking Fees

As institutions look for ways to cut losses, you can too

You have options to cut back on banking fees.
I’m sure after reading my earlier post,…

By Sheiresa Ngo

Posted: Tags: , , ,

Save on Your Summer Getaway – Part I

Deals for traveling to your perfect vacation

Summer vacations–whether for families, couples, singles or groups– don’t have to be expensive to be…

By Leslie E. Royal

Posted: Tags: , , , , , , , , ,

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

Posted: Tags: , , , , , , , ,

Credit Where It’s Due

As large banks fall out of favor, more consumers are turning to credit unions. Here�s why.

When Jeremy Treadwell needed a car loan, the recent college graduate turned to the financial…

By Robin White Goode

Posted: Tags: , , , , , ,

Use Tech to Beat the Clock

8 ways to create work-life balance with gadgets, applications and online tools

Lisa J. Whaley knows a thing or two about balancing life, work, and family. She…

By Bridget McCrea

Posted: Tags: , , , , , , ,

Women & Money: Lessons From the Financially Independent

Living below your means is a tried and true method to gain�and keep�your wealth

Financial independence can sometimes be an illusive concept. So I think it is always helpful…

By Patricia Stallworth

Posted: Tags: , , , , , , , ,

Celebrating Life Beyond Mother’s Day

All About You Day Conference to explore ways for women to enjoy the "rich" life all year long

All About You Day Conference on May 8 at the Schomburg Center for Research in…

By Sakina P. Spruell

Posted: Tags: , , , , , , , , , ,

When Identity Theft Hits Close to Home

What to do when a family member steals your identity

Imagine if when you were a child, one of your parents opened a few credit…

By Renita Burns

Posted: Tags: , , , , , , , , ,

Does God Have a Place in Your Portfolio?

A growing number of ETFs and mutual funds attempt to appeal to religious investors

What’s God got to do with investing? Increasingly, quite a bit.

By Sheryl Nance-Nash

Posted: Tags: , , , , ,

Who’s in Your Wallet?

New money management Websites offer convenience, but safety is a concern

Sites like Mint.com, Wesabe.com, and Buxfer.com tout their ability to let you handle everything from…

By Bridget McCrea

Posted: Tags: , , , , , , , , , , ,

In Search of Small Wonders

Portfolio manager Kempton Ingersol makes a case for his favorite small-cap stocks

Kempton Ingersol’s job is considerably more fun than the average portfolio manager. Ingersol, who is…

By John Simons

Posted: Tags: , , , ,

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

Posted: Tags: , , , , , , ,

Money Matters: Managing Retirement Accounts

I have a few retirement accounts set up. Can you provide me with a list…

By John Simons

Posted: Tags: , , , , , , , , ,

Catch the International Flight

More Americans are investing in emerging markets abroad. Here's how your money can thrive, too.

First, the good news. The stock market crash of 2008 lasted through March 9, 2009,…

By Donald Jay Korn

Posted: Tags: , , , , , , , , ,

Build A Budget For Yourself—And Cousin ‘Pookie’

The term sounds restrictive, but budgeting is really an exercise in financial empowerment

The word itself sounds and feels restrictive. Budget. When you hear the term, you think…

By Eric D. Grant

Posted: Tags: , , , , , , ,

Cutting Edge: Resisting the Credit Temptation

What to do when you can't say no

When saying no to that impulse purchase is just too hard

By Renita Burns

Posted: Tags: , , , , , ,

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

Posted: Tags: , , , , , , , , ,

Investing Rules for Women: Educate Yourself

Learning the ins and outs of investing, saving, and budgeting

nce you start investing, it’s important not to lose sight of your financial goals. Whether…

By Sheiresa Ngo

Posted: Tags: , , , ,

Why Financial Planning Ain’t Just For The Rich

Think professional help is too rich for your blood? A financial adviser comes clean.

Let’s say you’re a first year school teacher, with a Masters degree, and you’re making…

By Eric D. Grant

Posted: Tags: , , , , ,

Food for the Journey

Budgets are necessary tools to help you reach your financial goals. Here's how to get started

According to Napoleon, an army marches on its stomach. On our journey we need something…

By Patricia Stallworth

Posted: Tags: , , , , , , ,

To Save and Protect

Answers to the 10 most commonly asked questions about taxes and estate planning

Tax planning and estate planning are important—especially for women. Since 80% of married women will…

By BLACK ENTERPRISE Editors

Posted: Tags: , , , ,

Lessons From Her Father

Kimberly Allman learned savvy savings at an early age

It’s no surprise that 30-year-old Kimberly Allman has her finances in order. Her parents’ guidance…

By Jason Evers Roberson

Posted: Tags: , ,
04WFL-AdkinsEXC

Drafting a Financial Plan

Dion and Sherrunda Adkins aim to build a solid future for their family

Dion and Sherrunda Adkins both grew up in families that struggled financially. “In our family…

By Sheryl Nance-Nash

Posted: Tags: , , , , ,

Ask Your Advocate: Winter Heating Bill Woes

How to lighten the load on your wallet

My heating bill tends to be very high each winter. What can I do to…

By Sheiresa Ngo

Posted: Tags: , , ,

Ask Your Advocate: How To Get Your Unclaimed Tax Refund

How do I find unclaimed money?

I’ve moved a lot over the last five years and I sometimes don’t fill out…

By Sheiresa Ngo

Posted: Tags: , , , , ,

Family Ties

How three generations of one family work together to build a financial legacy

Avery Allen isn’t your typical 12-year-old. Unlike most of his peers, he doesn’t see his…

By Bridget McCrea

Posted: Tags: , , , , , ,

Green Credit Cards

Is an environmentally conscious credit card right for you?

Everyone close to Chanté Evans, 30, knows
being “green” is a priority for her. Each year…

By Leslie E. Royal

Posted: Tags: , , , , , ,
03WFL-Smith

Building Wealth

Ebony Smith seeks the tools to increase her net worth

Ebony Smith says losing her job was a blessing in disguise. In 2008, the former…

By Sheryl Nance-Nash

Posted: Tags: , , , ,

Investing Lessons From a Billionaire

Mega-investor Michael Lee-Chin espouses a unique philosophy

It’s one of the most basic ideas in investing: Diversify and spread risk along various…

By Alan Hughes

Posted: Tags: , , , , , , ,

Cents and Sensibility

Steve and Pamela Cromity teach their children about saving, spending, and giving

Steve and Pamela Cromity possess all the trappings of upper-middle-class comfort. But the key to…

By Marcia Wade Talbert

Posted: Tags: , , , ,

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

Posted: Tags: , , , , , , , , ,
02WFL-Lundy-LIVE

Staying on Track

Dasha Lundy seeks to establish a strong financial foundation-with or without a mate

Like mother, like daughter. And that’s just fine by Dasha Lundy. Her mother taught her…

By Sheryl Nance-Nash

Posted: Tags: , , , , , ,

A Life Raft for Student Loan Borrowers

Task force recommendation could lessen repayment load

If you’re experiencing financial difficulty, student loan payments can feel like a weight on your…

By Sheiresa Ngo

Posted: Tags: , , , ,

Ask Your Advocate: Can Unemployment Lead to Bankruptcy?

I’ve been unemployed for the last six months, and I’ve spent most of my emergency…

By Sheiresa Ngo

Posted: Tags: , , , , ,

A Woman’s Guide to Managing Money

Different life stages, different financial needs. Whatever your situation here’s what you need to know…

By Chris Taylor

Posted: Tags: , ,

Super Savers

Derick Pearson and Felecia Hatcher and committed to building their nest egg

Newlyweds Derick Pearson and Felecia Hatcher are first-rate savers. Pearson was raised in a large…

By Dale Coachman

Posted: Tags: , ,

A Woman’s Guide to Money Management

Now is the time to plan your financial future

Creating a financial plan should be on everyone’s to-do list. Financial planning is not solely…

By Sheiresa Ngo

Posted: Tags: , , ,

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

Posted: Tags: , , , ,

Credit Inquiries—Hard Pulls vs. Soft Pulls

Here's the lowdown on how multiple inquiries impact your credit score

Learn how certain types of inquiries on your credit report can impact your credit standing.

By LaToya M. Smith

Posted: Tags: , , ,

Boost Your Credit Score

A few simple steps can make a difference

Having the ability to obtain an affordable home loan is only one example of how…

By Lauren Lea

Posted: Tags: , , , ,

Living the Frugal Life

Chad and Wanda Lassiter know the value of a dollar

As a social worker, Philadelphia native Chad Dion Lassiter is used to encouraging people to…

By Glenn Townes

Posted: Tags: , , , ,

Reclaim Yourself

Last year was tough. Youve probably taken a beating emotionally and financially. As a new year unfolds, resolve to create a new you

Whatever crisis you’re dealing with, it’s just a point along the way to where you’re…

By Sheiresa Ngo

Posted: Tags: , , , ,

5 Ways to Reduce Debt

Start the new year on the right foot. These tips will show you how to lighten your financial load

In 2002, Kristen Tate decided that debt free was the way to be. With a…

By Leslie E. Royal

Posted: Tags: , , , , , ,

Cut Small Business Costs

Make ends meet without sacrificing profit

Today, Tricialee Riley, 35, applies the skills she learned managing MAC stores to her New…

By Maya Payne Smart

Posted: Tags: , , ,

Hell Hath No Fury Like a Credit Cardholder Scorned

Consumers use power of closure to fight rate raises

Oh geez, you’ll never guess who decided to take up arms and join the civil…

By Renita Burns

Posted: Tags: , , ,

Hide & Seek

The first step in accessing capital is to identify internal cash

“Cash is always king,” says entrepreneur Robert L. Wallace. “If you have cash, it doesn’t…

By Maya Payne Smart

Posted: Tags: , , ,

Rev Up Your Startup

Get a little help from a business incubator

Here are five tips on how to find a reputable incubator that can give your…

By Brittany Hutson

Posted: Tags: , ,

Actions Speak Louder Than Words in the New Year

Set your goals into motion today

It feels good to have goals, doesn’t it? I mean, to really have something that…

By Renita Burns

Posted: Tags: , ,

Don’t Just Toss Those Credit Card Notices

Be mindful, active in managing contract changes

Here’s what to do when your credit card issuer wants to change your terms, raise…

By Bridget McCrea

Posted: Tags: , , ,

Reaching the Next Level

B.E. takes a look at the 2008 Financial Fitness contest winners to see if they're closer to a secure financial future

This year has been tough for almost everyone. Belts are tighter and wallets are opening…

By Sheiresa Ngo

Posted: Tags: , , , ,

5 Credit Repair Tips for the Recent Grad

How to clean up the fallout of bad credit card use

You made it! The tassel has been moved to the other side of the cap…

By Renita Burns

Posted: Tags: , ,

The Homebuyer’s Toolkit: Building Financial Security

Owning a home should be part of a larger commitment to gaining financial security

Over the Thanksgiving break I became addicted to a show called Till Debt Do U$…

By LaToya M. Smith

Posted: Tags: , , , , , ,

Reviving Your Credit Score

Four steps to rebounding after foreclosure

Foreclosure can be the scarlet F, branding your credit report and docking up to 200…

By Heather Boerner

Posted: Tags: , ,

FDIC: Black Households Don’t Use Banks Regularly

Report highlights need for resources for minority families

Minorities and low-income households are less likely to have a bank account or more likely…

By Marcia Wade Talbert

Posted: Tags: , , ,

How to Choose a Financial Planner

Professional advisers operate in a variety of ways and get paid differently too

The key to finding the right financial planner is to find a competent, qualified professional…

By Bridget McCrea

Posted: Tags: , ,

Free and Low-Cost Resources to Help College Students Stay Afloat

Tuition is expensive, but living doesn�t have to be

There’s no question that college is one of the most memorable experiences in the transition…

By Renita Burns

Posted: Tags: , ,

Foreclosures of the Rich and Famous

A look back at celebrity homeownership woes

Since the highly publicized foreclosure woes of Evander Holyfield and Michael Jackson, more celebrities have…

By Janell Hazelwood

Posted: Tags: , ,

Taking Advantage of Takeovers

Benefit from an expected boom in mergers, acquisitions

When stocks rise, corporate takeovers usually aren’t far behind. Those takeovers can generate profits for…

By Donald Jay Korn

Posted: Tags: , , ,

Why Buy Retail Stocks?

Experts say stocks have strong growth potential

As investors hunt for bargain stocks with strong growth potential, many are taking a closer…

By Vicki Lee Parker

Posted: Tags: , , ,

The Homebuyers Toolkit: Money Attitudes and Budgeting

Homeownership means learning to understand and manage your finances

Last weekend I attended The Money Conference for Women in Hartford, CT. A 26-year-old woman…

By LaToya M. Smith

Posted: Tags: , , , , , , ,

Slash Your College Prep Expenses

How to cut the costs of pursuing higher education

Your college prep budget doesn’t have to break the bank. Check out these quick tips…

By Renita Burns

Posted: Tags: , ,

Washington Report

Updates from Capitol Hill

Washington Report: Week of Nov. 9-13

By Joyce Jones

Posted: Tags: , , , ,

Boost Your Credit Score

A few simple steps can make a difference

The rules for boosting credit have not changed in light of the new Credit CARD…

By Lauren Lea

Posted: Tags: , ,

Live Large With Less Cash

Living well on a limited budget means maximizing what you get out of life for…

By Lauren Lea

Posted: Tags: , ,
11WFL-Battles

Making Changes

Richard Battles adjusts his finances after retiring from the military

Richard Battles created a lifetime of memories during his 20-year Naval career. He lived in…

By Sheryl Nance-Nash

Posted: Tags: , , , ,