Estate planning is an essential part of creating financial stability. An estate plan helps your family and friends understand your wishes, and it assigns beneficiaries while you are living and after your death.

It 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.

In honor of National Savings Day, October 12th, let's talk about saving money! Allowing yourself to save money will help you reach your financial goals, take a step toward becoming financially healthy, and change your money mindset. Small actionable steps today can lead to a big plus for your financial future.

Many 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.

Will and trusts are created in anticipation of someone’s incapacitation or death. When a person dies, a will and a trust can prevent their children and other loved ones from experiencing extreme financial hardship.

Investing 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.

“We must face the system head-on, and make strides to change it so that we can close the economic inequality gap and defeat capitalism.”

The three major credit bureaus Equifax, Experian, and TransUnion, are now offering free credit report checks every week until April 2021.

Saving 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.

Assets are a key part of a company’s financial position and are crucial for generating income. Since many different items can be classified as an asset, below are various types of assets that a person or corporation owns that may financially benefit them.

Many people feel that they don’t have the money or assets available to invest. However, if your job offers a 401(K) or retirement fund, these plans are a great way to start investing in your future.

Mohammed Faisal, CEO of Money Hub NYC, a 501c3 startup that teaches financial literacy to youth in disadvantaged neighborhoods throughout New York City.

An asset is anything of value that you own that can be liquidated. Having assets is a plus and can come in handy in the case of financial emergencies.

Whether in an official recession or constantly hearing economists and financial experts in the media mention that we are heading towards one, what does a recession mean for me and my money?

Building assets takes time--a lifetime really. Your financial journey requires small steps to build your savings and reduce debt over time. Taking actions such as balancing your budget can be helpful in building assets in the long run.