Money Management

Just when we were starting to accept that pretty people made all the money, we get hit with yet another study. First, we were told that attractive people are paid $230,000 more over a lifetime based solely upon appearance and not experience. If that wasn’t depressing enough, a more recently published study is saying that […]

US Banks take in over $38 billion in overdraft fees, which equate to more than 75% of the fees they charge on consumer deposits period. With the economy so tight these days, do you really have additional money to throw out the window? As I often remind my clients, banks are not charities; they will […]

If you’re one of those people who seem to be taken by surprise every holiday season, then yes, it’s time to start Christmas shopping! I know, I know. Labor Day is still on the tips of our tongues and you haven’t even thought about the kids Halloween costume yet. It may feel too early, but […]

After last week’s post on financial scams ruining the Black community , I received an overwhelming amount of response. Between the several websites which adopted the post or created their own conversations around it, I read well over 100 comments presumably from other Black people reminding me of scams I left out. People proclaimed I […]

Yes, it’s true! You can actually file your federal taxes for free. The real question becomes, however, “Is that always beneficial?” It’s no secret that nowadays folks are scrambling to save a buck wherever possible. Even though many Americans over pay their taxes and expect some level of tax refund, the promise of a few […]

Despite the advancement we’ve endured over the last 50 years, generational poverty and financial illiteracy continue to run rampant in the Black community. We’ve been able to earn substantially more over time and yet fiscally we remain disproportionately behind our counterparts. If financial education tops the list for why a significant gap remains, I believe […]

Time is winding down, but if you are proactive instead of reactive, it’s not too late to take advantage of a few tax tips that can save you big bucks on your 2010 tax return! Any tax professional will tell you that the most beneficial tax preparation won’t take place in April; it begins in […]

For the last few days, the topic of discussion almost everywhere has been centered around CNN and Soledad O’Brien’s “Black in America Special: Almighty Debt.” From debates in beauty salons and barbershops to seemingly angry tweets and Facebook status updates, the discussion about the role faith plays in the finances of African Americans has become […]