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  • Personal Finance and Business

    Read contracts carefully before signing

    August 14, 2014 Leave a Comment

    If you always stop to read the fine print before signing anything, congratulations – your parents trained you well. If you don’t, beware: Your signature could commit you to a long-term gym membership you don’t really want, an apartment you can’t afford or worst of all, paying off someone else’s loan you cosigned. Broadly defined,… [Read More]

    Divorcing? Protect your finances, personal data

    August 13, 2014 Leave a Comment

    No doubt you’ve seen many warnings against sharing personal or financial information with strangers, but what about your spouse – or ex-spouse? A recent study by McAfee uncovered some unsettling results: Although 96 percent of adults surveyed trust their significant other with passwords, intimate photos and other personal content, only 32 percent have asked their… [Read More]

    Don’t let back-to-school tasks sneak up on you

    August 13, 2014 Leave a Comment

    Parents, if this is your first time at the back-to-school rodeo, let me share a few lessons my wife and I have learned the hard way. Chances are you’ll be spending the next few weeks filling out piles of pre-enrollment paperwork, lining up carpools and, of course, taking the dreaded shopping excursions for clothes and… [Read More]

    Spend your tax refund wisely

    April 17, 2014 Leave a Comment

    Last year the IRS doled out over 110 million income tax refunds averaging $2,803. Another way to look at it is that collectively, Americans overpaid their taxes by nearly $310 billion in 2012. Part of that is understandable: If you don’t have enough tax withheld throughout the year through payroll deductions or quarterly estimated tax… [Read More]

    New study finds typical U.S. households of color have no retirement savings

    January 22, 2014 Leave a Comment

    U.S. retirement crisis most severe for Black, Latino households A new report calculates the severity of the U.S. retirement security racial divide. The analysis finds that every racial group faces significant risks, but people of color face particularly severe challenges in preparing for retirement. Americans of color are significantly less likely than whites to have… [Read More]

    Don’t let cyber Grinches ruin your holidays

    January 17, 2014 Leave a Comment

    I’m usually in too much of a Thanksgiving food coma to hit the sales on Black Friday, but millions of other Americans somehow find the energy. Last year, 89 million people took advantage of Black Friday sales (57 million of them online), while an estimated 247 million shopped throughout the four-day weekend, as stores increasingly… [Read More]

    Watch out for potholes in your car insurance

    January 17, 2014 Leave a Comment

    Would you be surprised to learn that if your laptop gets stolen during a car break-in, your automobile insurance probably won’t reimburse you for the loss? Don’t be. Many people have only a vague idea of things like: what their car insurance does and doesn’t cover; how they might accidentally void their coverage; or that… [Read More]

    Buy Black in the New Year

    January 17, 2014 Leave a Comment

    Make it your resolution to support the African American business community this year with PurchaseBlack.com As the holiday shopping season comes to a close, PurchaseBlack.com wants shoppers to continue to support the African American business community and buy black in the New Year. “After the gifts are given away, you are still going to have… [Read More]

    Why was your credit card transaction denied?

    January 15, 2014 Leave a Comment

    We’ve all had these moments: You’re at a romantic restaurant and the evening went great. But just as you and your date are readying to leave, an embarrassed waiter appears and whispers, “I’m afraid your card has been denied.” So much for romance. The same thing can happen at the grocery store, when shopping online… [Read More]

    Practical Money Skills For LIFE

    November 14, 2013 Leave a Comment

    Don’t ignore tax deduction for moving expenses Whether you’re relocating across town or across the country, moving is expensive. By the time you’ve paid to have your household goods packed and moved, cancelled and reconnected utilities and racked up storage fees, you could easily be out thousands of dollars. Many people don’t realize that if… [Read More]