Saturday marked one year since the deadline for retailers to officially switch over to EMV microchip cards. Tell us about how the transition has gone. Mellody: It has gone fairly well, considering what a huge undertaking it is. It is no small thing to change how people pay for things with their credit or debit cards, […]
Yet another story that raises concerns about privacy and security. What do we need to know about the Yahoo breach? Mellody: We have obviously seen an increase in breaches lately, as fraudsters and hackers continue to find ways into companies’ systems. But this latest breach at Yahoo is a really extraordinary for a few reasons. […]
You have an interesting topic on tap for us this morning: lotteries. Mellody: We are indeed talking about lotteries this morning, but not in a good way. You may have noticed that lately it seems like the major multi-state lottery jackpots have been getting larger and larger, with more frequency. And you would be right! […]
What’s going on in the stock market this week? Last week, we saw the Dow break through the previous ceiling that was set in may of 2015, closing at 18,516 on Friday. And remember, this happened in the seventh year of this bull market, the second longest bull market in history! What pushed the markets […]
What is multigenerational living and how does it impact us financially? When we hear the term multigenerational living, all it means is more than one generation of adults in a family living under one roof. Now, as everyone gets ready to celebrate the Fourth with friends and family, some of our listeners might think to […]
How are new home loan trends are impacting communities of color? It is a very important trend and one that we need to keep our eyes on. In the wake of the housing bubble, regulators moved to rein in subprime lending, the type of lending that led to the housing crisis. As a result, we […]
Tom: Let’s start with the basics: what are the Panama Papers? Mellody: They are 11.5 million internal files from a Panamanian law firm called Mossack Fonseca, which specializes in offshore accounts and tax shelters. They include emails, contracts, transcriptions and other documents. To put this in perspective, Edward Snowden leaked just 58,000 documents. In […]
Tom: Tax day is just around the corner. Do you have tips for those who have procrastinated? Mellody: The annual late tax talk. Of course we have advice for last-minute filers. For all of you last-minute filers our there, the first thing to be aware of is the date change. The filing deadline in […]
Tom: The topic this morning is inequality in credit scores. Tell us about it. Mellody: Well, Tom, it turns out that pay is not the only place we find disparities between men and women when it comes to financial health. Beyond the numbers on your paycheck, a recent report from the website credit sesame […]
Tom: Today we are talking about some very interesting survey findings – from the Ariel investments Black Investor Survey 2015. Mellody: That’s right! And all of the Tom Joyner Show listeners are going to hear about our findings before anyone else. You have the exclusive, Tom. Tom: You are hearing it here first! Mellody, […]
Tom: Happy New Year! You are here to talk about some suggestions for resolutions for 2016 that will improve our money management. Mellody: You’ve got it, Tom. Today I have three tips for our listeners, and if you stick with these, 2016 will be a year of improving finances. Tom: That sounds great! Give […]
It’s a new year and that means you should have a new financial plan if you’re not happy with where you are. Here are a few tips from hip-hop’s money man, Rob Wilson: Earn More Money – The “gig economy” is here to stay. Here are some of the best ways to find extra work […]
