Over half of Americans live paycheck-to-paycheck, and additional financial stress has been added since the worldwide spread of the coronavirus. More than 40 million Americans are unemployed and having to file for unemployment benefits.
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 CapWayIt is vital to understand what African Americans have had to fight to get to where we are now, so we can have a better understanding of what we need to do to keep pushing forward.
by Nailah HerbertInvesting 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 HerbertThe COVID-19 pandemic shed light on how dire many Americans' financial state is, and having money in your savings account can help you to feel financially at ease.
by Nailah HerbertUnfortunately, a lesson or conversation that is often not had between parents and children is around money, therefore, leading to many people's lack of financial literacy.
by CapWaySixty ($60) billion has been set aside for Community Banks and Smaller Credit Unions with the goal of funneling more money to small, rural, and minority-owned businesses.
by CapWayThe Internal Revenue Service (IRS) has started sending out COVID-19 stimulus checks, also known as the Economic Impact Payment, via direct deposit to millions of Americans. You can now use the IRS portal to "Get My Payment" status.
by CapWayThe federal government passed a $2 trillion stimulus bill to help lift any financial burden off of Americans.
by Nailah HerbertLet's explore how the payment relief options will affect you long after the pandemic is over. Your financial future depends on making sound decisions now so that you know what to expect later. There are four scenarios that you could encounter after agreeing with your lender to modify your payment schedule.
by Jala EatonThe headlines about being “payment-free for 90 days due to COVID-19” are dangerous because some people do not read past the headline and assume that they can skip their bill payments.
by Jala EatonAfter being hired, and on day one of a new job, you will be required to complete a W-4 form. We will discuss tax withholding, gross pay, and net pay.
by CapWaySaving and investing are both important when you want to secure your financial future. But you will need to understand when it is best to invest and when it is best to save.
by CapWayA mindset shift is important when you want to become financially secure and comfortable. Your money mindset determines how you think about your finances. If you have a poor mindset when it comes to money, it can become challenging to accomplish your financial goals.
by Nailah Herbert