Managing your finances effectively involves knowing your monthly expenses and income, building and reviewing your budget, reviewing your debt, and saving for the future.
Tag: racial wealth gap
Posted inNational
Hardball Student Loan Collections Will Hit Black Borrowers Most
The Trump administration’s decision to collect on federal student loans will disproportionately affect Black borrowers, who are already struggling with debt and racism in the labor market.
Posted inBusiness
9 Facts About the Racial Wealth Gap
By Bria Overs Originally appeared in Word in Black Five hundred years. That’s how long experts say it would take for Black people to reach economic parity with white people and close […]
Posted inBusiness
Report Reveals Racial Wealth Gap Widens in the United States
By Stacy M. BrownNNPA Newswire Senior National Correspondent@StacyBrownMedia A new report from WalletHub, a personal finance website, has found that the racial wealth gap in the United States is alive […]
Posted inBusiness, Finance, Homepage, Word In Black
Smoke and Mirrors: Rise in Black Net Worth Is Not What It Seems
By Bria Overs Originally appeared in Word in Black Black net worths are on the rise — for now. A recent report from the Federal Reserve found that in the […]
Posted inFinance
Black Folks Are at Risk of Poverty in Retirement
However, too many Americans lack the “longevity literacy” to prepare for retirement properly.Â