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Steer Clear of Moving Scams

Whether you’re relocating to another state or moving into your dream home, you should be aware of moving scams. I should know; I’ve experienced my own moving mishap. When I was preparing to move into a new place not long after graduating from college, I blindly picked movers out of a phone book. Big mistake. I was hit with hidden fees on the day of the move. I was moving to a walk-up apartment building, so when I spoke to the moving company over the phone they mentioned an additional fee of $50 per flight. But once we got to my new digs, one mover said flatly, “You know we charge $100 per flight, right?” He claimed the prices recently changed. I was very young and very naïve--and much too shocked to protest-- so I ran to the nearest ATM. My final price was $400 more than the original estimate. They held my personal belongings hostage until I came back with the cash.

African American Wealth Gap Quadruples

African American Wealth Gap Quadruples

The wealth gap between white and African-American families has increased more than four times between 1984-2007, according to a new study. In addition, middle-income white households now have far more wealth than high-income African Americans.

2010 Entrepreneurs Conference: Get Money!

There is one thing that the Black Enterprise Entrepreneurs Conference + Expo will not be short on and that is potential business owners hoping to find capital to start or...

Rewriting the Financial Playbook

Malcolm Johnson has had a good handle on his money since retiring seven years ago from professional football. The former wide receiver’s NFL career spanned three years with the New York Jets, Cincinnati Bengals, and Pittsburgh Steelers, and one year with the Ottawa Renegades of the Canadian Football League. Johnson, 32, wasn’t a top earner, but he made about $250,000 per season to play the game he loved. Upon leaving professional sports, Johnson’s severance was a lump sum of $30,000.

Cutting Edge: 9 Tweeters for the Cost-Conscious

I like to consider myself a connoisseur of “free.” Not just of free, but of the bargain, the discount, all things low cost and - let’s not forget the ultimate in free-ocity - the giveaway.

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