Personal Finance and Business

Personal Finance and Business Archives

Worried about saving for college? Here are the key points to consider

October 16, 2019

By Alexander Joyce As students head back to college, millions of parents are hoping their younger children someday can do the same. With the high costs of college continuing to rise and many students and families saddled with heavy debt, saving for college has become as important as ever. Many people started savings plans early,… [Read More]

Historic King Drive BID #8 hosts annual meeting to discuss King Drive in 2020

October 10, 2019

On Wednesday, September 25, 2019, the Historic King Drive BID #8 hosted its annual meeting at the Jewels Caribbean Restaurant, 2230 N. Dr. Martin Luther King, Jr. Drive. The purpose of the meeting was to discuss BID #8’s plans for the King Drive business district in 2020. The event was also a chance for business… [Read More]

Meet the East Coast’s first black female comic book store owner

August 22, 2019

Ariell Johnson checks out a customer at the cash register as patrons browse her store’s collection of comic books. The 33-year-old is the owner of Amalgam Comics and Coffeehouse in Philadelphia. You might say Johnson is a superhero herself. She’s the first black woman on the East Coast to own and operate a comic book… [Read More]

Powers of attorney: The estate planning tools every adult should have

August 15, 2019

A Financial Power of Attorney and Health Care Power of Attorney are two very important estate planning documents. Without such powers in place, an individual is open to a guardianship action in the event of an accident, prolonged illness or mental incapacity. Guardianships can be costly and may work against any planning the individual has… [Read More]

How payday loans work – biggest dangers and 14 better alternatives (final)

August 8, 2019

14. Borrow from your 401k Borrowing from your retirement plan is different from making a withdrawal. If you have $50,000 in your plan and you withdraw $5,000, your balance drops to $45,000. The other $5,000 goes into your pocket, you pay taxes on it, and you don’t have to pay it back. When you take… [Read More]

How payday loans work – biggest dangers and 14 better alternatives (part six)

August 1, 2019

Loan alternatives 10. Use online lenders If you can’t get a loan from your local bank, try looking online. Many web-based lenders offer small, short-term loans, even for borrowers with poor credit. Some sites to check include: MyCashBorrow: This website is not a lender, but it helps low-income borrowers find loans. When you fill out… [Read More]

How payday loans work – biggest dangers and 14 better alternatives (part five)

July 25, 2019

Clearing up debts If you can’t get an advance from your boss, you can do the same thing through an app called Activehours. You just send in a picture of your time sheet to show how many hours you’ve worked. The company deposits your pay for those hours into your bank account, up to a… [Read More]

How payday loans work – biggest dangers and 14 better alternatives (part 5)

July 18, 2019

In some cases, creditors will accept a lump-sum payment for just a part of what you owe. In other cases, they’ll work out a payment plan with you so you can make repayments bit by bit. Then you can use the money you save on these bills to cover other expenses that are more urgent…. [Read More]

How payday loans work – biggest dangers and 14 better alternatives (part 4)

July 11, 2019

According to a survey by Bankrate, roughly 25 percent of Americans live paycheck to paycheck. The money they make just barely covers their day-to-day expenses, with little or nothing left over for emergencies. If you’re in this situation, any unplanned expense – such as a $300 car repair – can cause a financial crisis. Alternatives… [Read More]

How payday loans work – biggest dangers and 14 better alternatives (part 3)

July 4, 2019

According to a survey by Bankrate, roughly 25 percent of Americans live paycheck to paycheck. The money they make just barely covers their day-to-day expenses, with little or nothing left over for emergencies. If you’re in this situation, any unplanned expense – such as a $300 car repair – can cause a financial crisis. Laws… [Read More]