You can’t improve what you don’t measure. This is especially true when it comes to your finances. If you don’t regularly keep track of how you spend your money, it can be difficult to get ahead financially. That’s where maintaining a personal budget can help....
Interest rates are rising. The prices of consumer goods are steadily increasing. Companies are laying off workers and implementing hiring freezes. All these factors indicate that a global recession may be on the horizon. If you’re like most people, the thought of...
It’s no secret that the majority of Wall Street asset funds are controlled by white men. In fact, only 1.4% of the $82 trillion in private equity funds are managed by diverse-owned firms. Yet, there are men of color who are beating the odds and dominating Wall Street...
If we are to close the racial retirement gap, planning for retirement is an essential part of financial wellness. On average, persons of color have less money saved for retirement than White Americans. This means that many persons of color won’t be able to maintain...
Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” You can be sure that when April 18th arrives, the IRS will be looking for your tax forms. When it comes to filing taxes, the earlier the better. In spite of your...
When it comes to personal finances and building wealth, men of color lag behind white families. Consider the following data from the Board of Governors of the Federal Reserve System. White Families (Average Net Worth) – $983,400Black Families (Average Net Worth)...
