By Solomon Ali CEO of NDR Energy Group and Revolutionary Concepts Part 2: How we brace for financial impact and minimize the fallout • Communicate with your creditors and debtors Explain where your company is at, discuss options and re-negotiate terms if you can. Inquire about extensions on payment terms, request waivers of late fees and penalties. The good news … [Read more...] about Coronavirus and the new American economy (part 2)
Personal Finance and Business
COVID-19 financial warning: Consumers and banks should stay away from Payday Loan Stores
By Charlene Crowell Senior Fellow with the Center for Responsible Lending For the foreseeable future, ‘normal’ life will be indefinitely suspended due to the global pandemic known as the coronavirus. Record-breaking employment layoffs in the month of March resulted in the Department of Labor reporting that 10.4 million consumers lost their jobs and filed for unemployment … [Read more...] about COVID-19 financial warning: Consumers and banks should stay away from Payday Loan Stores
Department of Revenue Secretary Peter Barca warns of scams related to COVID-19
Reminds taxpayers to never share personal information via phone, email or text Department of Revenue Secretary Peter Barca has some very simple and important information to share with Wisconsinites waiting for stimulus checks from the IRS. "The IRS will never call, text, or email you to ask for personal or banking information, and neither will the Wisconsin Department of … [Read more...] about Department of Revenue Secretary Peter Barca warns of scams related to COVID-19
Planning for the future requires the right team behind you, WE Wealth Management Group
Perhaps the most reliable method to accumulate wealth involves creating a realistic investment plan, sticking with it and educating your heirs so they are prepared to assume the responsibilities when the time comes to pass those assets on to the next generation. Unfortunately, investment planning within the African American community of Milwaukee is underused and its importance … [Read more...] about Planning for the future requires the right team behind you, WE Wealth Management Group
How not to break the bank this holiday season
The holidays are almost here. Get ready for festive parties, family gatherings, and...financial stress? Hold up, let's scratch that last one. The holidays should be a time for celebration, not financial frustration, yet why do so many people find themselves worrying about their bank accounts this time of year? With the amount of commercialism we're bombarded with around the … [Read more...] about How not to break the bank this holiday season
Ten insider tips for new car buying
Whether you buy a new car regularly or haven't shopped for one since the invention of the minivan, the process goes more smoothly when you know what to expect. Let's start with some good news: There's a ton of information available to the savvy car buyer like you. And here's some better news: Most dealers prefer working with informed car buyers. Having the information up front … [Read more...] about Ten insider tips for new car buying
Worried about saving for college? Here are the key points to consider
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, while others either could not afford to or … [Read more...] about Worried about saving for college? Here are the key points to consider
Historic King Drive BID #8 hosts annual meeting to discuss King Drive in 2020
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 and community leaders to network and develop new relationships. … [Read more...] about Historic King Drive BID #8 hosts annual meeting to discuss King Drive in 2020
Meet the East Coast’s first black female comic book store owner
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 store. The comic book world tends to skew heavily towards … [Read more...] about Meet the East Coast’s first black female comic book store owner
Powers of attorney: The estate planning tools every adult should have
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 already done. The likelihood of illness … [Read more...] about Powers of attorney: The estate planning tools every adult should have