When it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.
by Nailah HerbertSince 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.
by Nailah HerbertOne of the American Families Plan’s goals is to allow the IRS to monitor transactions of bankers over $600 to ensure that people are not lying about their taxable income.
by Viviana VazquezA report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.
by Viviana VazquezAre you ready to start investing but unsure of where to begin? Here’s what you need to know to start investing intelligently on your own.
by Viviana VazquezBetween the financial talks and tips on social media and the rise in popularity of mobile apps like Robinhood and Coinbase, more people are interested in or starting to invest. But remember, investing is not just investing in the stock market.
by Matin VarshochiInflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.
by CapWayEvery month, a person will have regular income and expenses. Taking proactive steps is key to improving financially means making strides to lower expenses. Implementing money strategies can have beneficial effects in the long run.
by Nailah HerbertPublicly traded companies on the stock market are identified by their stock ticker symbol, which is a unique set of letters, numbers, or both. Stock tickers are an identifier of the stock name itself.
by CapWayIt is time to discuss Black wealth when it comes to life insurance and creating a plan for yourself and your family. Even more, it is a time to shift the narrative from being only about death to instead shining a light on its generational benefits.
by Nadia C. VanderhallNo one plans to work forever; typically, most people wish to spend the latter years of their lives doing things they enjoy. To have fun in the later years or to live comfortably after you retire, a retirement plan must be in place to benefit from.
by Nailah HerbertMany of us read the Forbes list every year, seeing people like Rihanna's net worth listed at $1.7 billion or Dwayne “The Rock” Johnson's net worth listed at $800 million. More recently, Forbes reported that Tesla founder Elon Musk, the wealthiest man in the world, has an astonishing $256 billion net worth.
by CapWayInvesting has long been considered a great way to build wealth. If you are ready to invest, below are four questions to consider before you start the process.
by CapWayInvesting is a great way to stack your coins and build wealth. Several investments can help you to accumulate money over some time. Some high-risk investments are more volatile than others. Regarding investing, volatility means that your investments are liable to change rapidly and unpredictably.
by Nailah HerbertWhether you are new to investing or you’ve been investing for a while, it’s always good to research different investment options that can better fit your financial goals. Depending on your financial goals and risk tolerances, investing can be a potential avenue to build wealth because it allows your money to work for you.
by Nailah Herbert