Page 114 – The Money Coach

2020 List of State Maximum Unemployment Benefits with State Websites and Phone Numbers

The COVID-19 outbreak has forced millions of Americans nationwide to apply for unemployment benefits throughout every state in the country. To offset the financial damage from the novel coronavirus, Congress passed the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, which extended unemployment benefits by 13 weeks. The CARES Act […]

2020 List of State Maximum Unemployment Benefits with State Websites and Phone Numbers Read More »

COVID-19 and Coronavirus Cash: 7 Ways to Get Fast Money and Economic Relief

Personal Finance, Covid-19 / Lynnette Khalfani-Cox, The Money Coach / Coronavirus Preparedness and Response Supplemental Appropriations Act, Covid-19 / March 31, 2020

To fight COVID-19 and the coronavirus pandemic, Congress in March 2020 passed three separate economic relief bills to help struggling individuals and businesses. The first was the $8.3 billion Coronavirus Preparedness and Response Supplemental Appropriations Act of 2020. The second initiative was the $3.5 billion Families First Coronavirus Response Act. And the largest of the

COVID-19 and Coronavirus Cash: 7 Ways to Get Fast Money and Economic Relief Read More »

A man sits on a couch reading a book to a child, holding an infant in his other arm. The toddler, oblivious to financial matters like budget or credit, eagerly gazes at the colorful pages.

The New Parent Guide to Planning for the Future

Family Finances / Lynnette Khalfani-Cox, The Money Coach / February 25, 2020

The emotions of becoming a new parent speak for themselves and cannot truly be understood until you’re the person or couple experiencing this major life milestone. With the ups and downs, smiles and laughter, and utter chaos in between, it can feel overwhelming to navigate anything else fully while adjusting to be a new parent.

The New Parent Guide to Planning for the Future Read More »

5 Financial Lessons From 5 Great Black Leaders w/Video

Entrepreneurship / Lynnette Khalfani-Cox, The Money Coach / Harriet Tubman, James Baldwin, Madam C.J. Walker, Martin Luther King Jr, Shirley Chisholm / February 19, 2020

February is Black History Month and while we celebrate the accomplishments and achievements of many African-Americans, we also recognize that there’s so much more to do — especially economically. In the spirit of uplifting the financial status of the Black community, here are five financial lessons from 5 great Black leaders. James Baldwin As a novelist, playwright

5 Financial Lessons From 5 Great Black Leaders w/Video Read More »

Elon Musk 6x Richer Than Top 20 Hollywood Actors Combined

Personal Finance / Lynnette Khalfani-Cox, The Money Coach / February 18, 2020

Data gathered and calculated by LearnBonds.com indicates that the net worth of Tesla Chief Executive Elon Musk is now six times more than the combined wealth of top 20 richest Hollywood actors. Cumulatively, the actors net worth is $6.55 billion, while Elon Musk enjoys the $40 billion net worth. Musk ranks in the ninth position among the

Elon Musk 6x Richer Than Top 20 Hollywood Actors Combined Read More »

Do You Know Someone Facing a Setback?

Personal Finance / Guest Blogger / financial setbacks / January 24, 2020

Setbacks are an inevitable part of life. They can be small, such as a simple mistake, or large, like the loss of a job. In any case, they are often difficult to deal with and can have serious consequences. The best way to handle setbacks is to recognize them for what they are and take

Do You Know Someone Facing a Setback? Read More »

His pledge to pay off student debt made Austin billionaire Robert Smith a Texan of the Year finalist

Billionaire Robert F. Smith a Texan of the Year Finalist

Student Loans / Guest Blogger / Robert F. Smith, student debt / January 20, 2020

Just in time for the Martin Luther King, Jr. holiday, Black billionaire Robert F. Smith is being honored for his HBCU generosity and leaving a positive financial legacy in the African American community. In the midst of a commencement address this year, Robert F. Smith casually worked in a shocker. He was going to

Billionaire Robert F. Smith a Texan of the Year Finalist Read More »

Two women collaborate in an office, looking at photos and notes on a wall. One, a financial planner, points to a specific spot on the board as they discuss budget strategies.

Are You a Woman Business Owner? Here are 6 Business Tips for Success

Entrepreneurship / Guest Blogger / Entrepreneur, woman-owned business / January 8, 2020

Forty percent of U.S. businesses are female-owned, and they generate $1.8 trillion a year in revenue through different business plans including Benefits Membership Revenue Strategy. While these numbers are stellar, data shows that there are still opportunities for improvement. A survey of over 3,000 entrepreneurs found that men are almost twice as likely as women

Are You a Woman Business Owner? Here are 6 Business Tips for Success Read More »

The Money Coach’s Strategy to Build Wealth

Building Wealth / Lynnette Khalfani-Cox, The Money Coach / 401(K), HSA / January 2, 2020

Spending money wisely, saving cash and investing can all help build wealth – as well as bring you greater personal happiness. As I prepare for continued wealth building in 2020 and into the next decade, I wanted to share a dozen ways that my husband, Earl, and I spent strategically, invested and built wealth in

The Money Coach’s Strategy to Build Wealth Read More »

Rewards credit cards holiday spending strategy

5 Strategies for Using Rewards Credit Cards When Holiday Shopping

Credit Cards / Guest Blogger / credit card rewards, holiday spending / December 6, 2019

While the goal is to avoid racking up debt, you can use rewards credit cards to your advantage during the holiday season. With some intentional thought and strategy, these cards can help you spend wisely and take advantage of a variety of perks during this time of year. However, there are some tips and strategies

5 Strategies for Using Rewards Credit Cards When Holiday Shopping Read More »

Six Holiday Money Hacks That Can Help You Save This Season

Personal Finance / Guest Blogger / holiday budget, holiday spending / December 3, 2019

Holiday gifts are not the only expense you have to prepare for this season. There are many ways the money in your bank account can quickly start to disappear. If you are hosting family in your home, traveling, cooking for family and friends, or decorating, these are all expenses you want to take into account. You

Six Holiday Money Hacks That Can Help You Save This Season Read More »

Rich Peoples Habits - Save Like a Millionaire

6 Powerful Ways to Save Like a Millionaire

Saving Money / Guest Blogger / Millionaire, saving / November 15, 2019

Did you know that more than three-quarters of today’s millionaires are self-made and started as middle class or lower? Also, data shows that it takes most people an average of 32 years to reach their first million. Most millionaires are not an overnight success. As a result, up-and-coming millionaires learn from rich people’s habits to

6 Powerful Ways to Save Like a Millionaire Read More »

Five Money Mistakes Members of the Military Should Avoid

Personal Finance / Guest Blogger / military families, Veterans Day / November 11, 2019

Your concerns as a veteran are different from a civilian. While money matters may be on your mind, handling the pressures of serving our country are likely taking up most of your mental space, and it makes absolute sense as to why. However, as deployment brings about a high level of uncertainty, you can ease

Five Money Mistakes Members of the Military Should Avoid Read More »

Prepare for recession 2020, 2025 Recession

Recession 2020: 5 Ways to Recession Proof Your Finances

Personal Finance / Guest Blogger / debt management, saving / November 5, 2019

If you’re like most people, just hearing the word “recession” is enough to spur feelings of anxiety, dread, and fear. For those impacted by the economic downturn of the Great Recession of 2007-2009, this word carries troubling memories and concerns about the impact of a future recession. A recession is a period of economic decline,

Recession 2020: 5 Ways to Recession Proof Your Finances Read More »

Five Lessons to Learn from The Millionaire Next Door

Building Wealth / Guest Blogger / books, Millionaires / November 1, 2019

There are more than 10.2 million millionaire households in the United States. This number is roughly equal to the population of Sweden and Portugal and is more than Denmark and Switzerland. Many of these individuals have made specific money moves that allowed them to reach this status. The 1996 bestselling book, The Millionaire Next Door,

Five Lessons to Learn from The Millionaire Next Door Read More »