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The current economic crisis has forced college students to think strategically about career options. Most college grads will not land their dream jobs fresh out of school. Even finding the right entry-level position to place you on the desired career path requires more work than ever.
Radio personality Wendy Williams talked to black enterprise about her passion to reduce youth violence and her mission to give back to teens in her New Jersey hometown.
There are few guarantees in life—especially when it comes to planning for your golden years. But one thing is certain: If you start investing when you’re young, you have a better chance of meeting your goals.
After Shelly Robertson’s nine-year marriage ended in 2006, she quickly adjusted her lifestyle. As part of a two-income household bringing in more than $250,000 each year, Robertson and her ex-husband took spur-of-the-moment vacations to the Caribbean and had the resources to purchase whatever they wanted. But once Robertson became a divorcée in charge of taking care of the couple’s 10-year-old son, she had less money to work with. The changes forced her to become more aware of her financial decisions. Robertson now has a household income of $106,200, which includes monthly court-ordered child support payments of $1,100. Still, the senior program manager at a finance company now maps out all her purchases. The adjustment has been difficult, but the 38-year-old Upper Marlboro, Maryland, resident says she’s up to the challenge.
Educating young minds for some 30 years is no small feat. But it was a love for children that inspired Larry and Brenda Breland to become schoolteachers. While educators don’t always get paid their true worth, these native Mississippians managed to retire from the public school system in 2002 with $180,000 combined from their state retirement plans. The couple also owns several rental properties valued at nearly $1 million, which provide about $3,000 in monthly rental income.
