According to data released by the Common App, undergraduate college applications are up 22%, compared to pre-pandemic rates. However, 60% of college applicants come from affluent communities, while only 5% are from low-income backgrounds.
by Viviana VazquezDifferent levels of investing are being unlocked as people scroll through social media. Retail Investing isn't the only way for investor to see wealth when it comes to the stock market - let's discuss the new normal for investors.
by Nadia C. VanderhallIn 2020, the nationwide protests surrounding the murder of George Floyd stirred up countless debates on why African Americans have yet to receive equality and may still have a long way to go to receive equity.
by Nailah HerbertGroup economics is when groups of people have a common economic goal and work together to achieve it, and is one route that assists with the closing of the racial wealth gap, including the practice of supporting local businesses.
by Nailah HerbertOvertime Elite (OTE) is a newly funded league that provides high school players an alternative pathway towards achieving their NBA dreams.
by Matin VarshochiStatistics show that 78% of retired National Football League (NFL) players go broke within two years of retiring, and 60% of former National Basketball Association (NBA) players go broke five years after retiring.
by Matin VarshochiCapWay is a financial technology company that offers digital banking services. This means that you can access all your transaction information on the CapWay (iOS or Android) mobile app or CapWay website.
by Sheena AllenThe Netflix Original TV show Squid Game provided a series of nail biters, plot twists, and lessons about money.
by Sheena AllenThe vaccine mandate being a requirement for most occupations has caused those who have chosen to stay unvaccinated to protest in the street, as they feel their freedom of choice is being taken away.
by Sheena AllenOn the first episode of First-Gen Money Mondays, host Viviana Vazquez chatted with Gigi Gonzalez, founder of The First Gen Mentor. Gigi is a first-generation American, first-generation college graduate, and first-generation white-collar professional.
by Viviana VazquezWhen 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 HerbertMillennials are making six figures in income, but more of them live paycheck-to-paycheck than any other generation.
by Viviana VazquezTypically, new and used vehicles decrease in value each year. However, the average price of used cars has increased by 4.9% over the past year. As a result, many used car owners have become intrigued to sell their used cars for profit.
by Sheena AllenAugust is National Black Business Month, and the celebration and notoriety of the month have increased over the past few years. However, despite the increased buzz, the COVID-19 pandemic has made living conditions increasingly difficult for everyone, especially those who own Black-businesses.
by Nailah HerbertFederal law mandates that a person is entitled to receive a free credit report from each of the three national reporting agencies, Equifax, Experian, and TransUnion, every 12 months. However, due to the COVID-19 pandemic, you can now get reports per week.
by Sheena Allen