Tag: money management

Why Black People Do Not Invest In The Stock Market

Last year, we saw nationwide unrest and protests over the brutal killing of George Floyd, an unarmed Black man who was killed by White police officers. His killing brought to light the many ways through which the system is failing African Americans in everything, from policing to education to public health. This inequality also means that African Americans are unable to improve the quality of their lives through investing in things like stocks- which is […]

What Covid-19 Means For First Time Homebuyers

Homeownership has always been the cornerstone of the American Dream. But what happens to the dream when there seems to be no hope? As a country, we are facing so many challenges because of the pandemic that has wreaked havoc globally, but buying a home doesn’t have to be one of them. So many people have put their homeownership dreams on hold, and it is understandable why, but in so many ways, this is the […]

CARES Act Failed To Protect Student Loan Borrowers! This Is How…

Corona Virus and the CARES Act; probably two of the most talked-about topics in the United States in the year 2020. The CARES Act provided a cushion against the economic impacts and effects to millions of Americans, including the students. The Bill proposed an action in which the Federal government was to pause all actions against the student loan defaulters through September 30. The passing of this proposal indeed was a relief to so many […]

The Coronavirus Aid Relief and economic security act retirement plan provisions

The CARES Act was the third phase in Congress’ response to the COVID-19 following the Corona Virus Preparedness and Response Supplemental Appropriations Act, 2020 and the Families First Coronavirus Response Act (FFCRA). In addition to providing emergency relief for the millions of small businesses in the country, the 2 trillion CARES Act, also relaxed several retirement plan rules which helped the plan holders to gain some access to their account balances without penalty. The Client […]

What is Budgeting? How to Create A Budget That Works?

In the simplest terms, a budget is a plan — a plan to spend your money. The process of creating this plan is called budgeting. Budgeting is not magic; however, it presents a unique position to gain financial freedom and stress-free life. Creating a budget allows you to determine early on whether there is enough money to do the things that you want to do or would like to do. One of the underlying advantages […]