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4 Ways to Save or Make Money Without Leaving Home

With remote work gaining in popularity and inflation hitting everyone’s budgets, more people are staying home these days.  But how can you stay home and still make or save money? Here are four ideas to help you keep some cash in your wallet — or generate extra money, all without having to leave your home […]

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Portrait of LeCount R. Davis, CFP®, celebrated as a distinguished financial planner in the AAAA Founders spotlight. He's wearing a suit against a clear sky backdrop, epitomizing wisdom and dedication to sound financial strategies.

Meet LeCount R. Davis, the First African American to Become a Certified Financial Planner (CFP) Professional

Meet LeCount R. Davis, the first African American to become a Certified Financial Planner (CFP) professional, nearly 45 years ago. Mr. Davis was recognized this month by the CFP Board of Standards, which created its first endowed scholarship in his name. He will also be honored tonight by Merrill Lynch for his lifelong achievements in

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rent payments to boost credit score

How to Use Rent Payments to Boost Your Credit Score

This post originally appeared on Sisters from AARP Black folks often face a host of credit challenges stemming from lower incomes, discrimination, a lack of knowledge about credit scoring and more. But one additional factor — the low rate of Black homeownership in America — has also meant diminished credit scores. Currently, nearly 6 out

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Consumer Protection

CFPB Issues Warning to Digital Marketing Providers

Source – CFPB The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule laying out when digital marketing providers for financial firms must comply with federal consumer financial protection law. Digital marketers that are involved in the identification or selection of prospective customers or the selection or placement of content to affect consumer behavior are

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financial anxiety

How to Deal with Financial Anxiety Now

Here are five situations that might cause you to suffer from financial anxiety. Credit card bills to pay. Student loans outstanding. A big mortgage or car note. Sky-high medical bills. Family members that seem to always need loans or cash gifts. Does any of this seem familiar?   First, understand that you’re not alone. 77% of

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inflation

15 Ways to Fight Inflation, Higher Interest Rates and a Recession 

All across the country, Americans with financial concerns are worried about three big challenges: inflation, higher interest rates and the economic fallout from a recession.  Although it’s easy to get caught up in news headlines like “The Federal Reserve Plans To Raise Rates Again,” it’s not a good for anyone’s wallet – or mental health –

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Silhouetted figures hold up a platform with businesspeople, while a financial planner discreetly carries a money bag away.

SEC Charges Eleven Individuals in $300 Million Crypto Pyramid Scheme Forsage

Source – SEC.gov FOR IMMEDIATE RELEASE Washington D.C., Aug. 1, 2022 — The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States. Those charged

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Recession vs Technical Recession

Know the Difference Between a Technical Recession and a Recession

https://vimeo.com/735493699 The U.S. economy shrank by 0.9% in the second quarter of 2022 — so America is technically in a recession. Historically, the technical definition of a recession has been two consecutive quarters of declining GDP (Gross Domestic Product) and that has now happened in Q1 and Q2 of 2022. Keep an eye out, though,

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A woman in an ornate, bejeweled outfit stands against a black backdrop adorned with logos and text, embodying the elegance of a financial planner who seamlessly balances credit management and budgeting.

How to Build a Strong Foundation – Beyonce Style

I’ve been a long time fan of Beyonce. So when she dropped her long-awaited seventh studio album, Renaissance, the lead single called “Break My Soul” quickly became mine as well as a fan favorite. The main hook of this high energy tune has Queen Bey repeatedly belting out: “You won’t break my soul. You won’t

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A green chalkboard with the word "TAXES" written in large, bold white chalk letters stands prominently. A piece of chalk rests idly on the chalkboard's tray.

Breaking Down the ‘Penalties’ of Single Tax Filings

With the new tax filing deadline looming, I stopped into Black News Channel’s “BNC Live” to discuss the upsides of joint filings and the disadvantages of filing solo. To kick off the segment, I detailed the built-in “penalties” that single individuals face in many aspects of life, including higher taxes, healthcare costs, and everyday expenses.  I

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Two large arrows labeled "Rising" and "Costs" point upward, surrounded by smaller green arrows—a clear sign that a financial planner might help navigate these challenges.

How to Manage Your Finances with Inflation on the Rise

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

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