Results for "generational wealth"56 results found.
Financial Advice for Athletes

Statistics 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 Varshochi
How the COVID-19 Vaccine Mandate is Affecting Workforces

The 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 Allen
First-Gen Money Mondays with Gigi Gonzalez: Being the First-Generation

On 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 Vazquez
Millennials are Making Six Figures, Yet Still Live Paycheck-to-Paycheck

Millennials are making six figures in income, but more of them live paycheck-to-paycheck than any other generation.

by Viviana Vazquez
Racial Wealth Gap: Black and Latinx Net Worth is Expected to Hit 0 by 2053

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 Herbert
Used Car Prices are at an All-Time High

Typically, 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 Allen
Six Ways Group Economics Build Wealth Within Black Communities

The practice of group economics is becoming more popular, especially since it is becoming a more recognized way to build wealth with your family or friends.

by Nailah Herbert
Why We Should Support Black-Owned Businesses in August...and Beyond

August is recognized as National Black Business Month. When you choose to spend your money with a Black-owned business, you are choosing to assist them in building generational wealth, savings, and ultimately obtaining ownership.

by Sheena Allen
The Financial Deception Caused by Social Media

Based on the perception and display of a luxury lifestyle by many social media users, it has generated others to want to "keep up with the Joneses" without knowing that the lifestyle being displayed on social media is not the real-life truth.

by Sheena Allen
Redlining’s Lasting Effects on Black Americans Today

Redlining is a practice where mortgage lenders deny loans to people based on race or the racial makeup of their neighborhoods. The term comes from the National Housing Act of 1968 as part of the federal government's New Deal.

by Sheena Allen
How To Educate Your Children About Finances

Children are never too young to learn about finances. Shifting your mindset will ultimately help you mold your children's mindset to a wealth mindset. Here are my top three tips to help expose your child to wealth-building habits and ownership.

by Tammira Lucas
Why People Use Automated Savings Plans

When payday comes, many bills and other expenses are typically paid off before any other spending occurs. Fortunately, one of the products and services that consumers can access via their online banking platform to help combat this issue is called an “Automated Savings Plan.”

by Nailah Herbert
Legacy, Legacy, Legacy....Planning With Life Insurance (Part III)

Generational wealth might didn't pass on to you, but it can start with you. In this portion of the series, we close with some additional insight.

by Nadia C. Vanderhall
Legacy, Legacy, Legacy....Planning With Life Insurance (Part II)

In this part of the series, we get more insight with the 4 Types of Life Insurance to consider when doing your Legacy Planning.

by Nadia C. Vanderhall
Legacy, Legacy, Legacy....Planning With Life Insurance (Part I)

Life Insurance is one of the things that many lack when it comes to legacy building. Let's move from GoFundMe to Generational Wealth!

by Nadia C. Vanderhall
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