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Help Prioritizing Your Financial Responsibilities

Paying down debt, educating the next generation, and creating a cushion for emergencies are all worthy efforts. With so many demands on the average American family prioritizing can be difficult. Here's how I'd go about it:

9 Need-to-Know Tips from Top CEOs for New Entrepreneurs

The Black Enterprise Intelligent Performers are top CEOs and leading corporate executives who have used hard work, innovation, business savvy and a hunger for excellence to achieve wealth, influence and power. These business leaders have discovered and applied proven wisdom to achieve their success, principles you can practice to achieve your own business and professional goals.

Soledad O’Brien on Why Some Black Families Struggle Financially

“The impact of decades of slavery, Jim Crow and unfair hiring practices are still being felt today," says Soledad O'Brien of the reason one of every three Black families is currently at risk of falling out of the middle class due to job loss and other financial woes. "They’re the reasons why many Blacks were not able to accumulate the sort of wealth they’d need to survive economic hardship … [let alone] pass down to their children in relation to their white counterparts.”

Cruise Control

Cruise Control

Like most successful businesses, Benny Black’s Platinum Motorcars was born out of desire. Black, who lived on a bartender’s salary after graduating from college, wanted to drive expensive cars without having to pay for them. That was 10 years ago. Since then he has grown his online rental service—providing sport, luxury, and exotic cars—to a fleet of 15 vehicles and added chauffeur service.

Diversity Continues to Challenge the Military

In 2008, Congress formed the Military Leadership Diversity Commission to analyze promotion rates for minorities in the military and develop strategies to make the armed forces more reflective of the nation’s diverse population. Today, African Americans make up 18.5% of enlistment, 9.5% of all officer corps, and 6% of the general officer corps, a marginal increase from last year. According to Clarence “C.J.” Johnson, principal director of the office of diversity management and equal opportunity at the Department of Defense, not much more can be expected after two years, particularly at the senior levels.

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