A joint banking account could be the answer to your financial woes while your partner may not be keen on risking their good credit, especially if you’re not married.
Sign Up For Our Newsletter! 76 percent of Americans live paycheck to paycheck. Yes, 76 percent. That’s more than half of the US population that constantly live in financial restraint. Now we all know life is very unpredictable and being at a financial disadvantage can happen at any time but the key is to be […]
Today’s Money Mondays segment focuses on interest rates. The Federal Reserve’s Federal Open Market Committee will meet this week, and most of the people that follow it believe that the Committee will raise interest rates. This is something we have been expecting for some time, but it looks more certain now with unemployment falling […]
There is good news about wages out of the Census Bureau this past week. Mellody: On Tuesday, we learned that after a slow and steady recovery in the wake of the great recession, 2015 was a breakout year for American wages. Last year, median household income grew to $56,500, up 5.2 percent from the previous year. That […]
There is recent news about the Affordable Care Act that another private insurance company is pulling out of some exchanges. Can you start by telling us a little about that? Mellody: Aetna announced this week that it was withdrawing from the Obamacare exchanges in 11 of the 15 states it had been doing business – […]
There is good news as it relates to the job market. How can listeners can take advantage of it? Mellody: In the last Money Monday segment, we covered the strong housing sector, which is a key component of the U.S. economy. On Friday, we received some great news from the Labor Department. According to the […]
America's Wealth Coach Deborah Owens stopped by NewsOne Now to discuss how Britain's exit will impact Blacks and the U.S. economy and your pocket.
How are race and spending habits linked? We have heard a lot in recent years about economic inequality, but most, if not all, of the discussion has focused on income inequality. However, a new study out of Duke University, and highlighted in the Atlantic, points to another way economic inequality persists between white and Black […]
Tom: Hi, Mellody! Mellody: Good morning, Tom! Tom: This morning you join us to talk about tax time saving, and a campaign to promote savings.…