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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.

  • Magazine

Adding Up the Numbers

Glenn R. Carrington, national tax director for client services at Ernst & Young L.L.P., is on a mission. After 30 years in the tax profession, he is anticipating retiring in four to five years—but not before he imparts some advice on how his firm can attract and retain more African Americans. One of his ideas has already come to fruition. In 2007, Ernst & Young launched the Diversity Tax Leadership Conference, a program that exposes more than 100 invited students to the career possibilities within the tax profession over a three-day period in New York City. “We normally go on to hire 90% of the people we bring in,” notes Carrington.

  • Money

I’m Not Rosa Parks. He’s Not Dr. King.

Dr. King tells me that even though he and Rosa Parks and all the other heroes did so much, I don’t have the luxury of giving up, or giving in. I no longer have the right to live the empty and easy life. I cannot choose between Living his Dream and Fighting for his Dream anymore.

  • Money

Lessons in Money Management from My Mom

Saving for the future should start at childhood and that responsibility fall son our parents to instill proper money management skills and instilling the idea of saving for a rainy day. Caroline Clarke shares the money lessons she learned from her mother.

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