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)...
From inflation to oil prices, the global economy is ever-changing. Even if you have a job, you may be just one recession or global conflict away from the unemployment line. So, it’s important to stay abreast of the latest technologies and learn in-demand skills....
Through decades of experience, Warren Buffett and Bill Ackman have become two of the most respected investors in the world. Before they built strong track records investing in stocks, they had to do their homework. Buying stocks is a proven way to generate passive...
It’s no secret that the racial wealth gap in the United States is growing. When it comes to personal finances, people in communities of color lag behind in earnings, homeownership and net worth. The key to eliminating financial inequalities is an area in which many...
