With tax season upon us, millions of Americans are expecting sizable refunds. But there’s no consensus on the best ways to put that money to work. I stopped into PIX 11 in New York City to share some tips and strategies for maximizing the extra cash. I kicked off the segment with my top priority for refund […]
Making the Most of Your Tax Refund Read More »
Over the past year, consumer prices have surged an astonishing 7% – the fastest pace in nearly four decades. Rising prices can be attributed to a thriving economy paired with ongoing supply chain snarls and 2021’s unexpected housing boom. Unfortunately, the sudden uptick has hit wallets hard, especially those in lower income brackets, despite growing
How to Manage Your Finances with Inflation on the Rise Read More »
Throughout much of this year, SPAC IPOs (initial public offerings) have gained steam, with hundreds of companies taking this route to go public. In the latest episode of “Make It Make Cents”, my YouTube series with Trade and Travel Founder Teri Ijeoma, both Teri and I broke down what SPACs are and why they’re so popular right
Understanding the Hype About SPACs on This Episode of ‘Make It Make Cents’ Read More »
Are you confused about cryptocurrency? Baffled by digital assets? Or just curious to better understand some of the lingo you hear people using when referencing Bitcoin, blockchain or other things related to cryptocurrencies? Then improve your digital literacy with this cheat sheet. It contains brief definitions for some of the most common terms you’ll encounter
Cryptocurrency Cheat Sheet: A Glossary of 30 Crypto Terms You Should Know Read More »
I have a financial confession to make. Even though I had $100,000 in credit card debt back in the early 2000s, I still use credit cards a lot, for everything from online shopping and utility payments to gas for my car and meal-delivery services. Why would someone with a history of being heavily in debt
The Split-Second Shopping Decision That Could Save You Hundreds of Dollars Read More »
Many of us know TikTok for its dance challenges and comedy videos, but some of its most popular content actually revolves around finance. I recently stopped by Good Day New York to help viewers figure out whether social media finance tips are worth their time. Throughout the segment, I clarified misconceptions around some of the platform’s oversimplified hacks for buying property,
Breaking Down TikTok Finance Myths on Good Day New York Read More »
If you’re thinking about making a New Year’s Resolution of any kind – maybe to lose weight, pay off debt or stop a bad habit like smoking – waiting until January 1 to get started is probably the single worst thing you can do. Instead, commit to implementing your resolution beginning on Thanksgiving Day. Why
Why Your New Year’s Resolution Should Start on Thanksgiving Day Read More »
Here’s what you need to know before you add bitcoin to your portfolio Even if you don’t follow financial news closely, you’ve likely heard a thing or two about cryptocurrency. Some countries are establishing it as legal tender, and new coins are popping up more frequently. At one point in time, digital money seemed like something reserved
A Beginner’s Guide to Understanding and Investing in Cryptocurrency Read More »
When the hosts of the Morningstar, Inc. podcast, The Long View, asked me to discuss the wealth gap and my own financial story, they probably didn’t know I was going to get into reparations, distrust of the financial services industry and more, lol … Major kudos to them, however, for going with it and having a
The Long View: Lynnette Khalfani-Cox: ‘There’s a Huge Wealth Gap in America’ Podcast Read More »
Digital currency is the key to a more innovative, inclusive finance industry Cyptocurrency has been a fixture in the headlines lately. From Bitcoin’s record-breaking value (around $67,000 in October 2021) to El Salvador adopting bitcoins as legal tender to Elon Musk popularizing (and then tanking) dogecoin, crypto has moved from fringe online communities to the cultural zeitgeist. But there’s
5 Reasons I Love Cryptocurrency Read More »
Here’s the most personal essay I’ve ever written about my life and upbringing in a family that struggled economically. It’s a side of The Money Coach few people know, including my mother’s hardships as a single parent, our times on food stamps and even dealing with homelessness. Continue reading… Here’s what the “Black tax” does
Here’s what the “Black tax” does to so many families (Vox) Read More »
BREAKING: The Senate finally reached a deal on a $900 billion Coronavirus relief bill. Here’s a quick snapshot of what it includes and how much money it means for you: – Survival checks / Stimulus Checks: $600 per adult + $600 per dependent, including those in “mixed status” families (i.e. families with U.S. citizens/lawful permanent
CARES ACT 2: New Coronavirus Relief Bill Offers More Stimulus Checks Read More »
I recently posted a student loan tip on social media that went crazy viral! It racked up tons of traditional media coverage, plus many thousands of likes and shares (not to mention comments and questions!) across Twitter, Facebook and Instagram — far more than any other single post I’ve shared. So what was the tip?
Get Your Employer to Pay $5,250 of Your Student Loans in 2020: FAQs About the CARES Act Read More »
According to a Bankrate survey, 23 percent of respondents said their biggest financial regret is not having enough money in their emergency savings to withstand the COVID-19 outbreak. The coronavirus pandemic has impacted the financial standing of many Americans. While jobless claims have fallen since late March, nearly 18 million people are still receiving unemployment
How Much Do I Need in My Emergency Fund During COVID-19 Read More »
If you are struggling to pay for college due to COVID-19, all hope is not lost. There are steps you can take to still pay for college:
What to Do If You Can No Longer Afford to Pay for College Due to COVID-19 Read More »
