When was the last time you wrote a check? In this digital age of banking, writing checks, and balancing a checkbook may seem like a thing of the past. In this Federal Reserve Study, between 2000 and 2012, the number of checks being paid out declined by more than 50%. Check payments accounted for a …
We all have goals and things we want to achieve in our lifetimes. But wishful thinking alone won’t get you there. Taking control of your finances and making a plan for your money is the best way to match your goals with your bank balance. Financial goals give you a reason to take charge of your …
Do you know that a major financial issue that plagues women of color is the fact that they are intentionally targeted by payday loan lenders? Have you ever wondered why payday lenders are mostly found in neighborhoods with vacant shopping centers and boarded up businesses? These payday loan lenders disguise themselves as financial rescue superheroes, …
You finally got a job that pays you consistently. No more wondering if it will be a slow tip day or wondering if you’ll receive a sales commission check this week. Welcome to the world of being a salaried employee! Now, you’re probably wondering how to save money from salary? Well, saving money from your …
We’ve seen high unemployment rates during the Great Depression, the Great Recession, and of course, the 2020 Pandemic. All of which in one way or the other have led to long term unemployment for many. This is as a result of businesses not doing well or certain skills no longer needed in the workforce. The …
Let’s talk about recession-proof jobs! Any time the mention of a recession hits the headlines, there is a sense of worry about job security and with good reason. During the 2008 recession, over 10% of Americans were unemployed. It meant fewer job hirings, mass layoffs, and intense competition for the job openings that were available. …
16 Best Recession-Proof Jobs for All Skill Levels Read More »
You’re behind on your bills. Maybe it’s due to a reduction in your income. Perhaps you’ve had some unexpected emergency costs arise. Don’t despair. I’m going to go over how you can create a plan on how to catch up on bills and get back on track. According to the Federal Reserve Bank of New …
Weddings are these magical things that can turn dreams into reality. We dream of having our “Best Day Ever.” However, this dream can have a hefty price tag. In 2019, the average cost of a wedding was $28,000. Twenty-Eight Thousand! Now let me clarify, that amount is the average cost of the ceremony and reception. …
One of the excuses I had for not contributing more to my retirement was the thought that I couldn’t afford it. In fact, 47% of Americans feel the same way I felt. In all honesty, I just didn’t want to reduce the amount of my direct deposited check. I was comfortable seeing a certain amount …
How to Save More Money by Reducing Your Taxable Income Read More »
In 2011, I was a 28-year-old single, professional homeowner. Financially, my life was about to get better. Unfortunately, I didn’t know it. I was about to make a costly mistake; Overspending to the tune of $16,000. The Setup: Where my overspending started In the winter of 2010, I purchased a 3 bedroom/2.5-bathroom, 2,300 square-foot home. …
2 Key Lessons I Learned From Overspending After I Blew Over $16,000 Without Knowing How Read More »
