By Ashley Robertson June 26, 2015 Ashley Robertson This article is for all my financial failures out there. Now before you get offended, let me explain: You’ve plotted out an unbreakable, infallible, fool-proof debt freedom plan just to get sidetracked on week two. The runaway train that was once your debt […]
‘Credit Invisible’ Blacks & Latinos
By Charlene Crowell, NNPA Columnist June 26, 2015 Charlene Crowell, NNPA Columnist When it comes to consumer finance, traditional lenders usually review credit scores before reaching a decision. In general, the higher a consumer’s credit score is, the lower the cost of credit they will pay. Conversely, the lower one’s credit score, […]
Brown Girl Green Money: Talking to Young Kids About Money & Entrepreneurship
By Jasmine Zapata, MD June 19, 2015 A few days ago, while driving my 6-year-old son home from school, he informed me that in addition to being a real estate investor and a policeman, he was going to be an inventor. He went on to describe how he was going to […]
Good News and Bad News in Latest Job Numbers
By Julianne Malveaux, NNPA Columnist June 19, 2015 Julianne Malveaux, NNPA Columnist The unemployment rate rose just a bit in May, an indicator that Wall Street and Main Street are celebrating because that means more people are looking for work and that more people are optimistic. Some polling data says something quite […]
Brown Girl Green Money: Single and In Debt: The Struggle Is Real
By Matiya Hill June 12, 2015 Matiya Hill That headline sounds scary — and it is, especially if you have a huge pile of debt that you’re trying to tackle alone. Don’t worry, I’m here to help! Let’s be honest, the road to debt freedom can be long and […]
Debt Collection Report Captures Horror Stories
By Nisa Islam Muhammad June 12, 2015 Nisa Islam Muhammad is Special to the NNPA from The Final Call. A new report by the Center for Responsible Lending has revealed what many consumers have known for years. Debt collectors often cross the line with abusive behaviors. From coercive language to […]
Brown Girl Green Money: Kesha’s Story: A Sound Financial Future
By Angela Fitzgerald June 5, 2015 Angela Fitzgerald As a follow-up to last week’s article about the debt snowball method, I found it very coincidental that I ended up in a conversation with another brown girl about the very same topic during a Memorial Day barbeque. Not one to believe […]
Blacks Least Likely to Get Business Loan from Banks
By Freddie Allen, Senior Washington Correspondent June 5, 2015 Ron Busby urges a personal relationship with banker. WASHINGTON, D.C. (NNPA) – Black-owned businesses face tougher challenges than other groups when seeking bank loans, according to a new study by the Gallup polling company commissioned by Wells Fargo. Nearly half (47 percent) […]
Brown Girl Green Money: FINISH HIM: Getting Rid of Debt – Once and for All
By Angela Fitzgerald May 29, 2015 Angela Fitzgerald Growing up, I can remember playing the video game Mortal Kombat, where at the end of a round a booming voice would announce to “FINISH HIM!” At this point, the victor had a few short seconds to execute a series of commands […]
Black Families Must Focus on Asset Building
By Charlene Crowell, NNPA Columnist May 29, 2015 Charlene Crowell, NNPA Columnist As the wealthy few continue to prosper, the rest of the nation is caught in a financial tug-of-war between stagnant wages and a rising cost of living. In communities of color, chronic unemployment and underemployment and a host of other […]