Tag Archives: savings

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Consumer Tip of the Day: Automate Your Savings

Your daily money bite

Make an effort to save at least 10% of your paycheck. Here’s how.

By Sheiresa Ngo

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MONEY

Match for Match: Get a 529 Plan Boost

Give your 529 Savings Plan a much-needed increase with these tips.

By Emerald S. Morrow

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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

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MONEY

The Truth About Emergency Savings Funds

Tips for saving on any budget

All budgets are not created equal. Here are practical tips for saving in the real…

By Ashley R. Harris

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ArmyNow

Love and War: Financial Basics for Families Facing Deployment

Deployment doesn't mean deflating family finances, here's a few tips on how to keep them afloat

Money tips for military families.

By Ashley R. Harris

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college graduate

Financial Planning for College Doesn’t Have to Be Intimidating

With proper planning and budgeting, paying for college doesn't have to drain your finances

Make sure you’re not letting the process of saving for your child’s education intimidate you.

By Ashley R. Harris

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How to Drive Savings Back to Your Wallet at the Pump

Money saving tips to keep you at the pump less and on the road more

According to AAA, gas has crept up only .04 cents to the gallon since last…

By Ashley R. Harris

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BET

Black Grads: ‘We’re More Financially Responsible Than Past Generations’

Do you agree or disagree?

Seventy percent of African Americans age 18 to 34 said they were either “disciplined” or…

By Darren Sands

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banks

21.4 Percent of Black Families Don’t Have Bank Accounts

Close to 821,000 U.S. households don't have a banking account

Close to 821,000 U.S. households don’t have a banking account

By Black Enterprise

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blacks-bankruptcy-racial-bias

More Black Women Going Bankrupt [Report]

Studies show that black women continue to fall short financially in comparison to their white counterparts

Studies show that black women continue to fall short financially in comparison to their white…

By Black Enterprise

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Holiday Hot Button: Not-So-Merry Marital Tensions

Cost-saving tips to save your family a little money (and headache) this holiday season

Marriage doctor Dr. Jacqueline Del Rosario gives cost-saving tips to save your family a little…

By Dr. Jacqueline Del Rosario

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Ask the Money Coach: New Bank Fees Are Coming. Here’s What to Expect

Know how the new bank fees will affect your money

Money Coach Lynnette Khalfani-Cox tells you how the new bank fees will affect your money

By Lynnette Khalfani-Cox

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Ask the Money Coach: 10 Easy Ways to Save Money on Gas for Your Car

Tips on how to cut costs at the gas pump

Save money on gas prices with tips from Money Coach Lynnette Khalfani-Cox

By Lynnette Khalfani-Cox

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How to Make the Most Out of Groupon and Daily Deal Sites

Getting a good deal is one thing; being a "shopping fool" who gets scammed is another. Here's how to play it smart

Getting a good deal is one thing; being a “shopping fool” who gets scammed is…

By Lynnette Khalfani-Cox

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Use coupons for price reductions. Don’t miss out on a great deal--- compliments of a coupon---when you’re forced to purchase a brand new textbook. Sites like RetailMeNot.com and PromoCodes.com list the latest coupons and special offers by several major retailers that sell textbooks and other college supplies. A quick search is all it takes to find some attractive discounts on your next purchase.  Coupons are a good idea if you have any college courses that require you to purchase the latest edition of a book. Just be prepared for some serious sticker shock. It’s not uncommon for a new college textbook to cost $100 or more.

7 Ways to Save on College Textbooks and Supplies

Use these smart tips to save as much as 80% on books and supplies this year!

Lynnette Khalfani-Cox gives smart tips that could save you as much as 80% on textbooks…

By Lynnette Khalfani-Cox

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Money-Cash-Black-Enterprise-Business-Large

The Right Way to Use Coupons for Big Savings

The process can be worth the time investment to cut costs

Here are four tips on how to work those coupon savings in your favor.

By Sheiresa Ngo

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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

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Emmanunel Twum

A Savings Lesson Well Learned

Parental tough love set Emmanuel Twum on the path to responsible spending

One of the toughest lessons Emmanuel Twum learned his freshman year in college had nothing…

By LaToya M. Smith

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Black-Couple-home-300x232

5 Steps Towards Homeownership

How to get into the house of your dreams without landing yourself in a nightmare of financial trouble

How to get into the house of your dreams without landing yourself in a nightmare…

By Tara-Nicholle Nelson

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A tip from a trusted friend or relative, a little monetary incentive or even just the location can usually steer consumers to their bank of choice. But one look at the fine print can have potential customers re-thinking their decision. While Capitol Hill has banks scrambling to make up new revenue sources, consumers are usually the ones slighted as new fees means less banking value for your buck. With the savings rate up 5.8% in January, according to the Bureau of Economic Analysis—the highest since August—it’s important to make sure the financial institution you decide to do business with is giving you the best service. Here’s a checklist of questions you should always ask to ensure you’re getting the most out of a savings or checking account.

14 Questions to Ask Before Opening a Checking or Savings Account

Not all bank accounts are created equal. Mind your money with these essential questions

Not all bank accounts are created equal. Mind your money with these essential questions

By Renita Burns

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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

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Year-End Financial Checkup

Use this guide to help you evaluate your financial health

Here are some guidelines to help you conduct your own financial checkup.

By Sheryl Nance-Nash

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Economista: The Poor Man’s Savings Club

Is a sou-sou right for you? Here are the pros and cons.

Here are a few pros and cons when it comes to joining a sou-sou.

By Renita Burns

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kids and money

Kids & Money: Grow Money Fast with Compound Interest

Money lessons we need to teach to our kids from K-12

Here’s a quick and easy compound interest exercise you can perform everyday for one week…

By Renita Burns

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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

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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

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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

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Cutting Edge: Finding the Best Money Market Account

It�s not just about the interest rate

My money market account and I are on the outs since the interest rate continues…

By Renita Burns

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Financial Illiteracy Will Make Us a Permanent Underclass

These days, I’ve become increasingly alarmed by the growing pattern of recklessness and neglect that…

By Earl "Butch" Graves Jr.

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The FDIC’s ‘Red’ Menace

The fund protecting your bank deposits has sunk "into the negative." Should you worry?

A few hours ago, news came across the transom that the government insurance fund that…

By John Simons

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Check Yourself Before You Wreck Yourself

Before hitting stores, take the NFCC's Holiday Spending Quiz

Once again, it’s the time of year when pressure on consumers to do their part…

By Alfred Edmond, Jr.

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How to Choose a Financial Planner

Six vital questions to ask before doing business

Having the right questions for a planner is critical. Here are six questions to ask…

By Bridget McCrea

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Tools to Help You Track Your Dollars

Take the stress out of money management

I recently tested three programs, Microsoft Excel, Mint.com, and Google Docs, to find the pros…

By Renita Burns

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How to Close the Savings Gap

What business and government can do to address racial disparities in retirement investing

When it comes to retirement savings plans, African Americans and Hispanics participate less often, contribute…

By Mellody Hobson

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All Star Advice

Financial Planners, investment gurus, realtors, tax advisers, and insurance agents share their best advicein their own words

Now that the world’s economic outlook appears less gloomy than in months past, black enterprise…

By Renita Burns

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Investing in the Future

Larry and Brenda Breland's savings plan funded their retirement andput their kids through college

Educating young minds for some 30 years is no small feat. But it was a…

By Carolyn M. Brown

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Looking to Jump Back Into Stocks? Now May Be the Right Time

An expected market dip could provide prime opportunity

Lately, I’ve been feeling left out of the party. (And, no, it’s not because my…

By John Simons

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In Disaster, Cash Is King

Be prepared with an in-house emergency fund

If you lived in or around New York City during the summer of 2003, surely…

By Renita Burns

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Parents, Back Away From the Piggy Bank!

Tapping into kids' funds in hard times a bad idea

Who stole the cookie from the cookie jar? It may be mom or dad, according…

By renita burns

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