Tag Archives: Wealth For Life Principles

cash

#WealthforLife Wednesdays: Boost Your Financial IQ!

Free financial literacy resources to help you and your teen get smarter about your money

On a better, more complete financial education.

By LaToya M. Smith

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retirement

[INFOGRAPHIC] #WealthforLife Wednesdays: How to Retire The Right Way

Don't just retire, retire rich

Building a healthy retirement reserve is a slow and steady process that takes patience, consistency,…

By LaToya M. Smith

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#WealthforLife Wednesdays: How to Deal With The Student Loan Debt Hike

Here's 5 tips to help you borrow smart

Effective July 1st, 2013 federal subsidized stafford student loan rates will rise.

By LaToya M. Smith

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homeforsale

As Home Prices Rise, Analysts Consider An Impact on the Economy

New report indicates owning a home is more difficult for the middle class

Despite assurances from some analysts that the economy will improve because a home is the…

By Darren Sands

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(Image: Thinkstock)

#WealthforLife Wednesdays: 4 Steps To Put Your Savings On Autopilot

You're more likely to save if you don't have to think about it

This week’s #WealthForLife focuses on strategies to make your savings goals more attainable.

By LaToya M. Smith

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how-to-budget-beginners

#WealthforLife Wednesdays: How to Create a Realistic Budget

Stop fudging the numbers. Identify how you’re spending your money and then give your hard earned cash a specific assignment.

Developing a budget is an essential part of your wealth-building plan.

By LaToya M. Smith

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black-couple-finances

Wealth Gap Between Whites and Blacks, Hispanic Households Widens

A new study reveals harsh realities

Do you see this gap ever getting tighter?

By Darren Sands

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Duty. Honor. Education.

Sgt. Maj. James Grady's college degree and 3.73 GPA earned him a peak promotion and hefty pay raise

Getting a college degree was James Grady’s top priority until he witnessed a suicide bomber…

By Donald Jay Korn

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Christine Carter, founder, Against All Odds Foundation (Photo by Rayon Richards)

Giving Back Against All Odds

To fund the foundation, Carter took $90,000 from a home equity loan and borrowed from…

By Sakina P. Spruell

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How To Close The Wealth Gap: Step 1

It may take generations to do it. But it starts with making better decisions with the money we have.

The Black wealth gap must be closed. Here’s how we begin to make steps towards…

By Alfred Edmond, Jr.

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The Black Enterprise Wealth For Life Principles

Step-by-step guidelines to responsible saving, investing, and spending to build wealth and pass it on to future generations

The 10 Black Enterprise Wealth for Life principles are meant to serve as a step-by-step…

By BLACK ENTERPRISE

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saving

Using Wealth For Life As A Way of Life

We asked; you answered: Our poll reveals respondents embrace debt reduction, savings

Our results are in! Last week, we asked how you’d spend $2,000 if selected as…

By Derek T. Dingle

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POLL: What Would You Do If B.E. Gave You $2,000?

Enter our Financial Fitness Contest and you may have to make that decision. Tell us how you'd use the cash prize.

For a decade, Black Enterprise has awarded scores of our readers $2000 to kick-start their…

By Derek T. Dingle

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FITNESTCONTEST_HERO1

Why Black Enterprise Gave Away A Quarter Million Dollars

We've awarded $250,000--and counting--through our Financial Fitness Contest. Enter now and choose Wealth for Life!

As editor-in-chief of BLACK ENTERPRISE, one of the perks of my job is giving our…

By Derek T. Dingle

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Celebrating Black Business

Frederick E. Jordan and John William Templeton crusade to raise awareness with a month of recognition in August

Frederick E. Jordan didn’t have many financing options when he started his engineering and construction…

By Jason Evers Roberson

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1. I Will Live Within My Means

Many people get into a bad habit of spending more than they earn or spending…

By Carolyn M. Brown

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2. I Will Maximize My Income Potential Through Education and Training

How training and education can boost your earnings potential.

By Carolyn M. Brown

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3. I Will Effectively Manage my Budget, Credit, Debt, and Tax Obligations

Regardless if you earn $45,000 or hundreds of thousands of dollars a year, a budget…

By Carolyn M. Brown

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1. Make sure your investment portfolio has exposure to emerging markets like China and India. They recommend that no more than 10% of your portfolio holdings should be invested in these assets.

4. I Will Save At Least 10% of My Income

It’s not enough to just make ends meet with the salary you are earning. You…

By Carolyn M. Brown

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(Image: Thinkstock)

5. I Will Use Homeownership as a Foundation for Building Wealth

While these are uncertain economic times, financial experts agree that owning a home is still…

By Carolyn M. Brown

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6. I Will Devise an Investment Plan for My Retirement Needs and Childrens’ Education

The reality is that your chances of building wealth are optimized when you invest. It…

By Carolyn M. Brown

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7. I Will Ensure That My Entire Family Adheres to Sensible Money Management Principles

Talking about money matters at the dinner table may not have been polite conversation long…

By Carolyn M. Brown

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8. I Will Support the Creation and Growth of Minority-Owned Businesses

Disposable income in the black community is still on the rise. Black buying power today…

By Carolyn M. Brown

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9. I Will Guarantee My Wealth is Passed On To Future Generations Through Proper Insurance and Estate Planning

Let’s face it: Nobody lives forever. No matter how much you want to deny it,…

By Carolyn M. Brown

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10. I Will Strengthen my Community Through Philanthropy

Contrary to some people’s perceptions, you don’t have to have the big bucks like Oprah…

By Carolyn M. Brown

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