Tag Archives: spending

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TIAA-CREF Survey: More Consumers Interested in Financial Advice

Less people are shying away from professional input

A recent survey shows more consumers are opening up to financial advice.

By Sheiresa Ngo

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10 Dumb Things We Do With Our Money

We need to unlearn bad habits, not just learn the right financial moves to make

As important as learning what to do with money is knowing what not to do

By Alfred Edmond, Jr.

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Free-Shipping-LG

Don’t Allow ‘Free’ Online Offers to Make You ‘Go Broke’

If you really want to control your spending, recognize that there is no such thing as something for nothing, no matter what marketers say.

There is no such thing as something for nothing, no matter what marketers say.

By Alfred Edmond, Jr.

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cash

In a Rough Economy, Luxury Spending is on the Rise

A recent study shows people are looking to splurge on luxuries in a recession.

American Express Publishing and the Harrison Group speak to 1,416 Americans about their want for…

By Amber McKynzie

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lovemoney

For Valentine’s Day, Stop (Overspending) In the Name of Love!

The pressure is on to show you care. Before you get caught up, listen up: Love is not a legitimate excuse for irresponsible financial decisions.

Valentine’s Day is the official holiday to celebrate love. But because it’s almost exclusively a…

By Alfred Edmond, Jr.

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Living within your means is about budgeting your purchases, and having the courage to be honest about what you can and can't afford.

The Six-Word Phrase You Must Master to Improve Your Finances

To control your spending, instead of it controlling you, release the negativity and repeat after me: I cannot afford this right now.

Is gaining and keeping control over your financial health and resources a priority for you?…

By Alfred Edmond, Jr.

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Rep. Elijah Cummings: Fiscal Cliff May Bring “Short-Term Pain and Long-Term Gain”

GOP, Dems engage in open warfare over "fiscal cliff" as minority businesses hang in the balance.

Rep. Elijah Cummings (D-Maryland), ranking member of the House Oversight and Government Reform Committee, discusses…

By Derek T. Dingle

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Credit Risk

Instant Gratification? Sure. But It’ll Cost You

If you're borrowing money on a credit card because you must have it NOW, at least know how much you're really paying.

If you knew the real price, you might think twice about paying it.

By Alfred Edmond, Jr.

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

Choose Wealth, Not Style

I’m sure if you’ve read my column, heard my speeches, or had the chance to…

By Earl "Butch" Graves Jr.

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Despite being in an economic downturn, the United States has always been known as a consumer nation. With the holiday season fast approaching and some major retailers opting to push their Black Friday business hours up a few hours, American spending expected to reach $465.6 billion in the fourth quarter.

Bundle took a look at spending data calculated by the US government, using anonymous and aggregated spending transactions that were tracked from March 20120 to March 2011, to come up with the top 100 cities for shopaholic citizens in the US. Based on the data the national average for monthly clothes spending comes out to be $142.08. Here are the top 10 shopaholic cities in the US, ranked by the highest average monthly spending.

10 Most Shopaholic Cities in the US

These 10 cities will likely top the holiday shopping list this year

Despite the economic downturn, America continues to be a consumer society where spending is at…

By Anslem Samuel

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What to Buy in June

Once summer winds down, you might begin to think about items you’ll buy to spruce…

By Sheiresa Ngo

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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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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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Teens Don’t Understand the Importance of Budgeting A quarter of teens say they are unsure if they will be able to effectively budget their money during their lifetime, according to the results of a Junior Achievement/Allstate Foundation survey. Of the 22% who currently don’t use a budget, almost half admit they just aren’t interested in money management.

Talking Points: Interracial Marriage, Budgeting, Vacations

What people are discussing this month

A record 14.6% of all new marriages in the U.S. in 2008 were between people…

By Deborah Creighton Skinner

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Are You Tired of Living Cheap?

Tips on how to prevent extreme frugality from pushing you over the edge

Depressed and worn down by constantly watching your bank account, you might have rebelled by…

By Sheiresa Ngo

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Cutting Edge: 9 Tweeters for the Cost-Conscious

Twitter accounts sure to help you save a buck or two

I like to consider myself a connoisseur of “free.” Not just of free, but of…

By Renita Burns

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End Your Comfortable Relationship With Debt

Financial freedom gives you real control over your life, but it comes at a price

In many cases, the biggest determiner of whether or not you achieve financial independence lies…

By Patricia Stallworth

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Women & Money: Beware of Self-Defeating Behaviors

How you handle financial obstacles will determine whether or not you reach your final destination

There’s no doubt that on your journey to financial independence, you are going to run…

By Patricia Stallworth

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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

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Poll: Christmas Spending Stayed Under $200

Shoppers tightened their belts this holiday season

‘Twas the season to … watch your spending. The yuletide spirit may have been in…

By Renita Burns

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A Reality Check for Christmas

Let's remember a generation that didn't just talk about fiscal responsibility, but lived it: the survivors of The Great Depression.

Most of us know the principles of responsible money management: Habitual saving and controlled spending.…

By Alfred Edmond, Jr.

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