Lynnette Khalfani-Cox, The Money Coach

Fannie Mae Making It Easier for African-Americans, Latinos to Get Mortgages

Loans / Lynnette Khalfani-Cox, The Money Coach / Fannie Mae, VantageScore

Fannie Mae is rolling out a series of new mortgage rules that will make it easier for African-Americans, Latinos and others to qualify for home loans. Under recently announced guidelines, starting in 2016 Fannie Mae will require mortgage lenders to take into account non-traditional credit data from potential homebuyers, such as a person’s rent payments […]

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5 Horrible Things About Debt That Have Nothing To Do With Money

Debt / Lynnette Khalfani-Cox, The Money Coach

Many people living with crushing debt focus on the ways that those out-of-control bills affect their finances. And it’s easy to see why. When you have massive student loans, an enormous mortgage, or maxed out credit cards, those obligations can be a huge financial burden. They drain your wallet, put you in the trap of

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Don’t Make a Financial Resolution Until You Read This

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / financial new year's resolutions

Now is the time of year that millions of people nationwide start thinking about making New Year’s resolutions – especially financial resolutions. Many people grappling with various money problems are waiting for January 1 to roll around. At that point, they’ll make a financial New Year’s resolution such as getting out of debt, improving their

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Financial Planning Days: Get Free Money Help In Your Area

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / Financial Planning Days

Financial Planning Days start in October, kicking off a series of events all around the country designed to get Americans focused on their long-term financial security. If you’ve ever wanted to talk to a financial expert about how to improve your financial circumstances, but were worried that it might cost too much, you now have

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4 Credit Tips for National Get Smart About Credit Day

Credit Scores / Lynnette Khalfani-Cox, The Money Coach / National Get Smart About Credit Day

National Get Smart About Credit Day occurs this week, and takes place annually on the third Thursday of October. While it’s not a federal holiday, in some ways it should be. For every adult in America, your credit is an enormously important factor in your financial health and wellbeing. Your credit rating affects everything from

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Advice For College Students To Save Money On Laundry

Paying for College / Lynnette Khalfani-Cox, The Money Coach

One of the perks of living at home is that Mom or Dad usually does the laundry. That’s not the case, however, if you’re a college student far away from your parents. For better or worse, when you’re getting your four-year degree, it’s mostly up to you to handle your laundry. Doing laundry on your

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3 Financial Pitfalls To Avoid At Year-End

Personal Finance / Lynnette Khalfani-Cox, The Money Coach

It’s the final quarter of the year and that means it’s also the season when a lot of people do serious damage to their finances. To avoid becoming a negative financial statistic, make sure you avoid these three financial pitfalls at year-end. Holiday Overspending The temptation to spend a lot of money – or even

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The Shocking New Trend With College Internships

Paying for College / Lynnette Khalfani-Cox, The Money Coach / college internship

Forget about just charging you tuition and fees. One of the new ways colleges and universities are making money off students is by charging for a host of previously things that didn’t cost money – like academic fieldwork, research projects and internships. Conducting such research and academic work could costs hundreds or even thousands of

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7 Things Credit Repair Firms Won’t Tell You

Credit Reports / Lynnette Khalfani-Cox, The Money Coach / credit repair

Over the years, many people have asked me whether it’s worth it to pay a credit repair firm to remove negative information from their credit reports. My typical reply is: No, it’s usually not worth it – mainly because hiring a credit repair company to fix your credit is often a frustrating waste of time

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No Joke: Financial Lessons From Black-ish Star Anthony Anderson

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / Anthony Anderson

If you tuned in recently to this season’s premiere episode of ABC’s “Black-ish,” you saw Emmy-nominated actor and comedian Anthony Anderson in rare form. In the season 2 opener of “Black-ish,” Anderson’s character (Dre) tackled a weighty subject – the use of the N-word in America – with a hefty dose of humor and grace.

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The Joy of Entrepreneurship with My Spouse

Entrepreneurship / Lynnette Khalfani-Cox, The Money Coach

After a journalist recently asked me about owing my own company, it got me thinking about the pros and cons of entrepreneurship. Starting my own business with the help of One Indigenous Entrepreneur was absolutely the best thing I could have ever done for my career – and like a lot of successful entrepreneurs, I actually

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FinCon Review: 10 Financial Bloggers of Color to Watch

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / FinCon

I just got back over the weekend from FinCon, the annual financial conference for bloggers and, boy, am I glad I made the trip to Charlotte, NC! The founder of FinCon, Philip Taylor, who runs a terrific blog called PT Money, had invited me a couple times before to come out. But prior work commitments

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Differential Tuition: A Hidden College Expense That Costs Families Thousands

Paying for College / Lynnette Khalfani-Cox, The Money Coach / differential tuition

If you need further proof that college in America has become more like big business, look no further than the emergence of “differential tuition” over the past decade. Differential tuition, as I explain in College Secrets, is a pricing structure under which colleges and universities charge some students a regular “base rate” of tuition but

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6 Financial Facts About Millennials

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / Bankrate.com, Millennials

Financial news reports are buzzing about the Millennial generation. The same is true of the general press as well. You can’t turn on the TV; read newspaper like theguardian.com, blog or magazine; or listen to talk radio, without hearing someone opine about the rise of Millennials, also known as Generation Y. This year alone, I’ve

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How College Students Can Save Money on Cell Phone Bills

Saving Money / Lynnette Khalfani-Cox, The Money Coach / cell phone bills

Most college students have cell phones as opposed to landlines. But some students have both. Either way, those phone lines don’t come free. Many college students have enormous monthly cell phone bills. According to a study conducted recently by Cowen and Company, American consumers pay more for wireless phone service than consumers in any other

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Author name: Lynnette Khalfani-Cox, The Money Coach