Money
Many entrepreneurs fund their passions, products and ideas for self-made businesses on a wing and a prayer. Though lack of funds may cause many to…
In today’s “Money Mondays” segment, Mellody Hobson answers “Text Tom” questions about retirement. This first one is more specific but it’s great. A listener texted that federal employees can borrow from their 401(k) plans for a one-time fee of $50. The interest and payment of the loan goes back to the employee because they’re borrowing […]
Community Heroes: an in-depth series on the lives and impact of people giving back to our global communities. Majora Carter Base Of Operations: South Bronx…
Mellody Hobson answers some of the “Text Tom” questions our listeners have sent in. Today, let’s focus on the ones that came up around saving for college. “How do companies work that help with student loans in default and back taxes owed? They’re very popular and I am wondering if they’re real or a scam […]
What is the Twitter IPO? An IPO is an Initial Public Offering. It’s the first sale of stock by a private company to the public—that’s why it’s also called taking a company public. IPOs are often issued by smaller, younger companies who are seeking capital to grow, but that’s not always the case, like with […]
NewME Accelerator, a nationally recognized Startup Accelerator for minorities and women based in San Francisco, has hit the road and is making its rounds in…
Mellody Hobson talks about common money mistakes people make in their middle ages in today’s “Money Mondays” segment. I know no one really likes to identify themselves as middle aged, so I’m not pointing any fingers! But money advice tends to focus on young people and all the financial pitfalls they should avoid—and that’s great […]
In today’s “Money Mondays” segment, Mellody Hobson talks about changing jobs and what to do with your 401(k) when making the switch. Today I want to talk about what to do with your retirement plan when you change jobs. The first rule is NEVER EVER cash out your 401(k) plan. It seems I really can’t […]
Mellody Hobson explains the debt ceiling in today’s “Money Mondays” segment. Let’s start at the beginning. A common misperception is that the debt ceiling is the amount of money the government owes, and that raising the ceiling means increasing the federal debt. The federal debt is what it is…$16.76 trillion as of September 30th, according […]
Woah! That’s a pretty big freakin deal! From intern to billionaire during the course of his career would be one heck of a legacy…
Can’t Stop. Won’t Stop. It’s Bad Boy baby! Sean Diddy Combs sat down with Forbes to discuss topping its 2013 Cash Kings list, which ranks…
Fifteen-year-old Jaylen Bledsoe is not your average high school sophomore. Not only is he a millionaire, but he’s the CEO of his own tech company,…
