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The Cutting Edge

The Spences have become true virtuosos at saving money. Whether it’s heating up frozen meals for lunch at the office, cutting back to once-a-week family restaurant or movie outings, or undertaking savvy financial moves such as getting rid of universal life insurance in favor of an affordable term policy, Spence never runs out of great ideas for cutting costs.

Radio One Loses Millions in Write-downs

Radio One posted $266.1 million in losses for the third quarter ending Sept. 30. This report included a write-down of assets worth $337.9 million, a loss attributed to a decline in radio ad revenue. “Those losses aren’t real losses,” says Alfred Liggins, president and CEO at Radio One. “They are just write-downs of value on our assets.”

Finding A Winning Strategy

For the members of the African Brothers and Sisters Investors (A.B.A.S.I.), “name your price” is a winning strategy for investing. Most investors don’t realize that they can name the amount...

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