How do I start a homebased business? Just do it.  Use your name and social security number on Schedule C of your 1040 tax return.  Get a website, social media, email address, and business cards – all for under $25!  Everyone can be a sole proprietor of a consulting business advising others  in low risk […]

Are student loans good debt that can open the door to a career or an insurmountable burden? Is all credit card debt a sign of reckless spending, or can it be a smart way to cover an expense? In general, no form of debt is inherently “good” or “bad.” What makes it good or bad […]

Despite experiencing some anxiety-inducing volatility at the end of last year, the stock market has continued to record new all-time highs in 2019. The major stock market indices, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq, are already up between 16% and 22% so far, and we’re only a little more than […]

Please explain how people make millions of dollars and end up broke.  More money doesn’t solve a money problem. If you have $50,000 and spend $100,000 you are living check to Monday. That’s when you get paid on Friday and you’re broke on Monday!  If you make $2,000,000 and you spend $4,000,000, you’re in the […]

A new study has broken down how much money you need to make annually to live in a particular city, and Atlanta is surprisingly still one of the cheaper cities to buy a house when it comes to annual income, still $10,000 below the national average According to data from U.S. Census Bureau, San Jose […]

Today we are discussing debt collection. Why? Debt collection affects millions of Americans. For several years. the number of households who had accounts in collection was in decline, as many households embraced more responsibly financial practices in the wake of the financial crisis. However, recently we have seen this trend reverse.  Over 25 million Americans […]

THIS MONTH MARKS A BIG DAY FOR THE US ECONOMY. WHY? According to the National Bureau of Economic Research (NBER), June 2009 was the last month the U.S. economy was in recession. That means unless the U.S. economy has now seen its longest expansion in history! WHY HAS THE ECONOMY STAYED ON A POSITIVE COURSE […]

THERE IS A LITTLE-NOTICED CHALLENGE IS CONFRONTING BLACK AMERICANS. WHAT IS IT? Most of us have seen the ads on television with Tom Selleck or others pitching reverse mortgages. They have been a fixture on television since the financial crisis, and they often promise a no-hassle way for seniors to take advantage of the equity […]

The weather is warm and wedding season is in full swing with more than 2.2 million couples expected to tie the knot (either for the first time or for the nth time) this year. But if history is any indication, we know that 40-50% of those marriages will end in divorce or separation and financial issues […]

We are covering the benefits of a college degree this morning. Why is this on your mind? We often talk about the costs associated with college. Tuition prices have risen steeply in recent decades and student loans burdens now accompany millions of Americans after their studies. These concerns have led many to ask whether the […]

MANY OF OUR LISTENERS ARE CURIOUS ABOUT DIGITAL BANKING VERSUS TRADITIONAL BANKS. WHAT SHOULD THEY KNOW? First, let’s talk about how we got here. Until the 1990s, banking had not changed much over the previous five decades. With the advent of the internet, banks began to offer services online. Eventually, some banks emerged without any […]

As graduation season comes to a close many Americans, both students and parents alike, are now faced with the reality of huge student loan bills that will be arriving in the mail shortly. Robert Smith’s recent announcement that he intends to pay off the student loans of the entire Morehouse class of 2019 was a […]