Money & Finance 16

Serena Williams: How Black Women Can Close the Pay Gap

The cycles of poverty, discrimination, and sexism are much, much harder to break than the record for Grand Slam titles. For every black woman that rises through the ranks to a position of power, there are too many others who are still struggling. Most black women across our country do not have the same support that I did, and so they often don’t speak out about what is just, fair and appropriate in the workplace. When they do, they are often punished for it.

Entrepreneurship, Money & Finance

For your business to succeed, you must understand financial planning

If you want your business to succeed, you must understand financial planning. It forms the core of your business development, as it helps you to look into the future and make sense of the present. Why Should A Business Have A Financial Plan? First, you should know that your plan is always wrong. But as […]

#EconomicJustice, Financial Matters, Money & Finance

How Employer Credit Checks Are Keeping Black People Unemployed

By: Charles D.Ellison – When New York State Attorney General Eric T. Schneiderman announced that his office had cut a deal with the three big credit bureaus—Experian, Equifax and TransUnion—to improve the customer experience, the news shook the financial-services world into a frenzy. “In today’s world, the consumer’s input is less important than the bank or […]

Money & Finance

Investing habits of wealthy black families

By: Robert Frank The wealth gap between black and white families has been well documented. As much as marriage and education, race has become one of the key factors of wealth in America. But even among wealthy white and wealthy black families, there are large gaps and pronounced differences in investing and wealth holdings. According […]

Money & Finance

13 Ways To Tell If You’ll Ever Be Rich

There are traits the successful entrepreneurs have in common. That’s not to disqualify anyone that doesn’t fit under these guidelines, but they can give you an idea if you are one of a select few that can rise to the top of your field. 1. You have to be willing to work hard. It’s the cornerstone […]

Money & Finance

5 Financial Moves To Make In The First 5 Years Of Your Career

Thomas Edison is said to have made 1,000 light bulbs before one worked — imagine what else he could have invented if he’d gotten it right at try number 25. James Dyson made 5,127 prototypes before perfecting the centrifugal force Dyson vacuum — imagine how many more advanced vacuums would be sucking up dirt in homes around the […]

Money & Finance

Just Over Broke (J.O.B.) In Today’s Economy

By: Dr. Farrah Gray – The idea of building a “personal economy” around a job is naïve and obsolete, especially when one believes that the job will provide a permanent means of earning a living. This misunderstanding can lead to personal and economic collapse. I meet many individuals at events around the country, who classify […]

Money & Finance

Jewish Businessman Calls Black People “Liquid Money,” Because we give it all away

By: Dr. Boyce Watkins – Someone I know works closely with a Jewish businessman. One day, the two had an honest conversation, in which the Jewish man asked, “Do you know what my Jewish friends call the black community?” My friend said, “No, what do they call us?” He replied, “We call you liquid money. The same […]

Money & Finance

Credit Card Debt Is Worse for African Americans

Although African-American households are in less debt today than they were in 2008, during the Great Recession, they still face unique financial strain and more severe consequences from their credit card debt, according to a new report (pdf) by the NAACP and Demos, a public policy organization. The report, “The Challenge of Credit Card Debt for […]

Money & Finance

African-American’s Buying Power Projected to be $1.1 Trillion By 2015

By: C. Daniel Baker – There are 43 million African Americans in the United States, 13.7 percent of the total population, the second largest racial minority in the country. The median age is 32 and 47 percent are under 35 years of age. Even with these impressive numbers and buying power most mainstream advertisers are […]

Money & Finance

The Top 10 Financial Mistakes Women Make

We all make mistakes. I’ve made more than my share. Here are the top 10 financial mistakes professional women make: 1) Letting your husband or partner manage the money without your involvement. Very 1968… and not in the cool, mod way. Few of us think we’ll get divorced or that tragedy will strike, but look […]

Money & Finance

7 Reasons Why You’re Not A Millionaire

1. You’re Not Your Own Boss Although there’s no guarantee that self-employment will earn you a million dollars, it’s really unlikely that working for someone else will get you there either. There are very few jobs that pay million dollar salaries. Don’t quit your day job tomorrow to launch a business, however. Instead, consider […]

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Money & Finance 16

Serena Williams: How Black Women Can Close the Pay Gap

For your business to succeed, you must understand financial planning

How Employer Credit Checks Are Keeping Black People Unemployed

Investing habits of wealthy black families

13 Ways To Tell If You’ll Ever Be Rich

5 Financial Moves To Make In The First 5 Years Of Your Career

Just Over Broke (J.O.B.) In Today’s Economy

Jewish Businessman Calls Black People “Liquid Money,” Because we give it all away

Credit Card Debt Is Worse for African Americans

African-American’s Buying Power Projected to be $1.1 Trillion By 2015

The Top 10 Financial Mistakes Women Make

7 Reasons Why You’re Not A Millionaire

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