Category: Budget Resource

The Cost Of Financial Illiteracy Part 2

In our part one of the costs of financial illiteracy, we looked at the story of R. Kelly a popular R&B singer to emphasize America’s lack of knowledge concerning budgeting and saving.  We continue exploring this problem by looking at the Literacy Project.  The Literacy Project s a nationwide organization that works to address and fix America’s financial illiteracy. Recent statistics show that the number of Americans who are “functionally illiterate” (Meaning they can read […]

The Cost of Financial Illiteracy Part 1

The Merriam-Webster dictionary defines illiteracy as an adjective with two definitions: 1) having little or no education; esp.: unable to read or write. 2) showing a lack of familiarity with the fundamentals of a particular field of knowledge.  In this article, I will use the case of R&B Singer R.Kelly to emphasize the first definition; and America’s lack of knowledge concerning budgeting and saving to emphasize the second.  The R.Kelly’s case is an American tragedy […]

The Secret of the B.r.o.k.e. code

“Grow your money, don’t blow your money.” This is a quote associated with the author of the newly released book: The Secret of the B.r.o.k.e. code. Her name is Constance Carter. Mrs. Carter is a remarkable and compassionate woman that happens to be a wealth advocate and budgeting connoisseur. Every wealthy family has that one family member that broke the chains of poverty for future generations. In Constance’s family that was her.  Through sheer determination […]

7 Principles Every Child Should Know about Money

Interview with Ric Mathis, ROSA: What is it that you do? RIC: I have an 8-part financial literacy course for youth. I use the 7 principles in my book entitled “Kid’s Money Book, 7 Principles Every Child Should Know about Money.” I utilize the book along with the film “Black Friday Part 2. We discuss the principles and the different components of the film.  ROSA: What are the age ranges of children that you teach, […]

The Wealthy Child: Laying the Foundation of wealth at an early age

As we inch closer and closer to a global economy, more and more parents are realizing that it’s going to take more than simply a top collegiate education to provide their children with an advantage in today’s overcrowded business and workplace.  Delvin Sullivan, a United States Army veteran, and Entrepreneur is addressing this very issue and helping young children lay their foundation for wealth. This skill set began while Sullivan was enlisted in the US […]