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Don’t miss the opportunity to nominate yourself or someone you know who embodies the BLACK ENTERPRISE entrepreneurial spirit. Call for entries are now open for two highly anticipated annual events,...
This year has been tough for almost everyone. Belts are tighter and wallets are opening less often. Finances are strained as paychecks have been cut and jobs eliminated. black enterprise reached out to all 11 of last year’s winners to see how they fared. Despite the rocky economy, many of last year’s Financial Fitness contest winners have done fairly well. One winner managed to double his emergency savings and is preparing to purchase his first home. Another paid down high-interest credit card debt. The third has learned to say no to loans to family members.
According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity than the federal capital gains tax exclusion protects when people sell their primary home.
Some 60,000 patrons of the theater arts descend upon Winston-Salem, North Carolina biennially to attend the National Black Theatre Festival. And while the throngs eagerly purchase tickets for the many performances on tap, they’re also helping a region redefine itself as one of the cultural meccas in the U.S.
But when you get sick, there is no guarantee your ailment will be covered in part or in full. These programs are strictly voluntary, both Lansberry and Meggs point out. The members or a member-elected board determines what types of conditions are eligible for sharing. For example, Medi-Share doesn’t cover routine wellness visits. Samaritan Ministries won’t share dental or vision costs. The factors surrounding a sickness or injury may also make a difference. For example, Medi-Share states on its website that members won’t pay for injuries from a car accident if the vehicle “was used in a race, to perform a stunt, or in the commission of a crime.â€
