Money Mondays
OneUnited Bank, the nation’s largest Black bank, is proud to announce its 9th Annual “I Got Bank!” Financial Literacy Contest where ten children will win a $1,000 savings account for the best essays and the best art projects that represent the “I Got Bank!” theme. In addition, OneUnited Bank President & Owner Teri Williams, author […]
WHAT DID WE LEARN LAST WEEK THAT’S A POSITIVE ON THE ECONOMIC FRONT? According to the Commerce Department, the U.S.gross domestic product rose at a 3.2 percent annual rate in the first three months of the year. This is an impressive number, considering many economists and analysts have been concerned about the possibility of a […]
Attention all procrastinators: Tax Day is here, it’s time to face the music. Today is the last day to either file your 2018 taxes or file an extension. Here are a few tips that even last-minute filers can use to stay of out trouble with the IRS and perhaps even save a few bucks. Are […]
April 15 is just 7 days away, and join us with tips for our listeners who have procrastinated. That’s right, Skip! If you have been putting off your taxes, you only have a week left to file, so it is time to buckle down and get them done. I have a week left. What’s the […]
What’s the good news in the stock market? I am happy to join Money Monday this morning with good news, and that is not an April Fool’s joke. On Friday, the US markets closed out a great quarter. The S&P 500 rose 0.7% to 2834.4, closing out the quarter up 13% for the quarter, its […]
HOW CAN PARENTS’ GENEROSITY TOWARD THEIR CHILDREN CAN HURT THEIR RETIREMENT? There was a great article in Barron’s this past week that highlighted the many ways parents can put their retirement at risk by prioritizing their children financially. In a 2018 Bank of America Merrill Lynch and Age Wave survey, nearly 3 in 4 of […]
Earlier this month, the New York Times highlighted a study published in the Journal of Consumer Research that shines further light on a problem many couples face: how to distribute responsibility for finances. The study’s author discovered that when couples divide money management unequally, the person taking a less active role is putting themselves at […]
This morning we are talking about the stock market again. What’s on tap today? Saturday marked a big day. On March 9, the current stock market run turned 10. Ten years ago in March of 2009, the financial crisis and the resulting Great Recession were in full swing. The financial system was destabilized, the economy […]
WHAT’S THE NEWS ON MINIMUM WAGE? Put simply, we are seeing progress around the country when it comes to raising the minimum wage. Since 2016, five states and the District of Columbia have raised their wage floor to $15 per hour. My home state of Illinois was the latest state to get on the bandwagon, […]
You are here this morning to discuss why some states and cities are fighting the move away from cash. What’s the story? In recent years we have seen a rapid shift away from cash, both in the U.S. and around the world. Fewer people are using paper money, and the number of retailers cutting out […]
VALENTINE’S DAY IS THURSDAY AND TODAY WE ARE TALKING LOVE AND MONEY. While millions of people are making plans for Thursday, a much smaller number is thinking about the role finances play in their relationship. And while talking about money isn’t exactly romantic, it is a mistake to ignore the role it can play in […]
YOU ARE JOINING US TO TALK ABOUT CHARITABLE GIVING THIS MORNING. WHY? As we kick off the first filing season under the Tax Cuts and Jobs Act, which was signed into law in December 2017, there are questions about how it could affect charitable giving. While Americans are incredibly generous, and most people give to […]
