African-American finances

HURRICANE DORIAN HAS YOUR MIND ON THE FINANCIAL EFFECTS OF NATURAL DISASTERS, IS THAT RIGHT? As Hurricane Dorian – now a Category 5 storm – approaches the southeastern states, I wanted to help our listeners better understand how to prepare themselves and their families financially for a natural disaster. THAT SOUNDS GREAT. LET’S START WITH […]

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 […]

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 […]

In many parts of the country, it’s finally starting to feel like spring! And while many people think of this time of year as the right time to spruce up their homes, it can also be the right time to do some spring cleaning on your finances! WHAT ARE SOME OF THE FIRST STEPS WE […]

The Freedman’s Savings and Trust Company, better known as the Freedman’s Savings Bank, was a corporation established by the U.S. Congress for newly freed Blacks to gain financial footing. The bank, while successful in its early days, ran afoul of corruption and mismanagement before it was shut down for good, but not without some lasting […]

Financial expert Jini Thorton joins the Willie Moore Jr. show to talk about how many people get into debt in the first place and then how they can take steps to start getting out of debt. She says debt can leave people overwhelmed but there is a way out. Listen below: For more information about […]

We are talking retirement again this week, but from a different perspective. This morning, you are here to give us some tips for retiring single. Why? There are simply more people facing retirement without a spouse – either by choice, or because they are divorced or widowed. In 2015, for the first time in the […]

Mellody Hobson covers the importance having an emergency fund. Mellody: It may seem like it is simply common sense to save up some money for a rainy day, but the truth is a huge number of people are not doing it, leaving them unprepared financially. According to an annual survey by Bankrate.com, 29 percent of Americans don’t […]

  Mellody Hobson is President of Ariel investments; a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate accounts.  Additionally, she is a regular financial contributor and analyst for CBS News. Tom: Today, we are talking housing.   Mellody: We are, Tom. The American housing market […]

  Mellody is president of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate accounts.  Additionally, she is a regular financial contributor and analyst for CBS News. Tom: Good morning!   Mellody:  Good morning, Tom. Tom: you are joining us this morning to […]

  Rob Wilson is a financial advisor, television contributor and new media personality that focuses his practice on providing advice to and managing financial affairs for successful professional athletes, entertainers and other young professionals. His work providing advice and guidance to prominent young stars has earned him the moniker “hip-hop’s financial advisor.” As we wind […]

  Mellody Hobson is president of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate accounts. Additionally, she is a regular financial contributor and analyst for CBS News. TOM: You’re talking about wages this morning?   MELLODY: I am, Tom. We have talked a […]