Seniors gearing up for graduation at Howard University can breathe a little easier now; the Mecca is implementing a new practice that will surely lower some of those Sallie Mae student loans. Starting next year, the university will cover 50 percent of a student’s final semester if they graduate early or on time. Now there’s […]
Good financial advisors are knowledgeable about the market, they set realistic expectations for an annual return on your investment, they know when to invest your capital in the market for optimal results, they have candid conversations with their clients about what you have to invest and what your risk appetite is. Most importantly, they don’t […]
Did you know that four out of five black households have no retirement savings? Financial guru Deborah Owens says it was dire statistics like that encouraged her to write her book “Nickel and Dime Your Way To Wealth” ten yours ago with a simple message: start small and build from there. “The reason so many African Americans don’t […]
Tuesday on “NewsOne Now,” guest host TJ Holmes covered how you can start investing and saving with as little as five dollars a day. Listen to the full conversation below. Be sure to listen to “NewsOne Now” with Roland Martin, weekdays at 7 a.m. EST and watch at 9 a.m. EST on TV One.
“Saturday Night Live” writer Leslie Jones landed in hot water after performing a Weekend Update segment where she joked she’d be the “number one slave draft pick.” It seems everyone had an opinion on the funniness and appropriateness of the joke and the event begged the questions: is it ever okay to make a joke […]
Members of an investment club joined Roland Martin Tuesday on “NewsOne Now” to share how investment clubs work and how they’re useful for black Americans. Donna Long and Angela Wilson-Wade of the Mahogany Money Makers sat in on the panel with their advisor, Wesley Watkins, and financial consultant Jennifer Streaks. Long and Wilson-Wade said that the promise of financial […]
Deborah Owens of The Wealth Coach says that married family households who help out single households financially aren’t building wealth. From lending family money to car repairs, Owens believes that the enabling needs to stop. That way, married households can use their money toward building real wealth. Owens spoke with “NewsOne Now” on other solutions […]
Dr. Arnold Klein (pictured), the once-upon-a-time “it” dermatologist of the rich and famous, is now facing bankruptcy and is under investigation by the California State Medical Board. SEE ALSO: Understanding The Iowa Caucuses The good doctor had patients, such as Michael Jackson and Liz Taylor, that were the absolute envy of many in his profession. But how […]
PARIS (AP) — European leaders rushed Monday to stop a rampaging debt crisis that threatened to shatter their 12-year-old experiment in a common euro currency and devastate the world economy as a result. See also: Euro Debt Crisis May Cause Global Economy To ‘Face The Worst’ One proposal gaining prominence would have countries cede some […]
I remember my mother used to take me to the ATM machine when I was younger (about 7-8 years of age), and let me push the buttons. I was fascinated by how with the simple push of a few buttons on this magic machine would spit out whatever amount of money I told it to. […]
Everybody is worried about the U.S. debt ceiling. But it’s even more important to worry about your own. Ryan Mack shows you how to obtain and use credit cards to establish a credit history: Read all of Ryan Mack’s financial tips in Your Money In The Black. More from Ryan Mack: Building Your Credit Score […]
Every successful financial plan needs to have clean credit and a high FICO score. If we are to see more home and business ownership having good credit is the first step towards accomplishing this goal. Too many times I have personally seen many opportunities missed because we have not taken the time to “clean” our […]
