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 »
The COVID-19 outbreak is causing people to make tough choices regarding their finances. Are you in this boat? If so, you likely have to accept some unpopular truths to weather the storm of these uncertain times.
Here are some hard, but necessary financial truths that you need to consider as you move through these difficult times.
7 Painful Financial Truths You Need to Accept in the Age of Coronavirus 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 »
You need to talk about healthy personal finance habits with your teenagers, especially during this coronavirus pandemic. From preparing for college to managing credit cards and student loans, you want to make sure your teenager is set up for success. Your guidance can help them avoid some of the money mistakes most of us make as we become adults.
How to Talk to Your Teens About Money During the COVID-19 Pandemic Read More »
Currently, the average cost of a funeral is between $7,000 and $10,000. While life insurance can help cover some of the expenses, not every insurance plan includes burial assistance.
What to Do if You Cannot Afford to Bury a Loved One Due to COVID-19 Read More »
A lack of income makes it hard to cover your expenses, which can cause your credit score to fall. But there are ways to preserve it, even if you are out of work. Here are four tips for maintaining your credit score if you have lost your job.
How to Protect Your Credit Score After Job Loss Read More »
Like most things these days, you can make a will online. But the question really is: should you create an online will versus having a will drawn up the traditional way – by using a lawyer?
COVID-19 Reminds Us Of the Need to Make a Will or Trust Read More »
Lynnette Khalfani-Cox, The Money Coach, has read all 880 pages of the $2.2 trillion CARES Act passed by Congress to stabilize the U.S. economy in the wake of the COVID-19 emergency and the coronavirus pandemic.
In this collection of videos, Lynnette explains how Americans can benefit from the CARES Act in numerous ways, including getting stimulus checks; unemployment benefits; help with federal student loans; forgivable small business loans and grants; cash family medical leave benefits; sick pay for those with coronavirus, and more.
COVID-19: Managing Your Finances in the Era of Coronavirus – VIDEO SERIES Read More »
The tragic murder of George Floyd (#GeorgeFloyd) highlighted the heinous reality of racism, police brutality, and the legacy of racial violence in America. If we’re going to truly address this country’s ills, we must name, condemn and fix ECONOMIC violence too.
A Lesson in Economic Violence Read More »
In this video Lynnette shares good news for people who need help paying their private student loans during the COVID-19 pandemic.
COVID-19: Getting Relief From Your Private Student Loans – VIDEO Read More »
