In the first quarter of 2020, when the COVID-19 pandemic first began, household wealth declined. However, since then, it has continued to rise, until now. A new recent report released by the Federal Reserve looked at the wealth of households and highlighted key financial data regarding where money is rising and falling.
by Matin VarshochiOver the past couple of weeks, investor confidence has been dropping in both the crypto and stock markets. Moreover, with the current economic climate, many investors have begun offloading most of their investments as there are rising concerns about a potential recession, leading to a crypto bear market.
by Matin VarshochiHomeownership is one of the most common forms of building wealth.
by Sha'Kreshia TerrellNegotiating salary and compensation are crucial steps in the interview process. Key advantages of negotiating your offer through email include more time to research and the ability to better control your tone and emotions in writing.
by Pam HillCollege is a time of greater freedom and personal growth. It’s also an ideal time to learn and put in place personal finance habits that can last a lifetime.
by Pam HillKevin L. Matthews II is the best-selling author of From Burning to Blueprint: Rebuilding Black Wall Street After a Century of Silence. He is a former financial advisor who was named one of the Top 100 Most Influential Financial Advisors by Investopedia in 2017.
by Matin VarshochiUnfortunately, many people aren’t aware if they are financially unstable. However, your financial knowledge can pay the most significant dividends. Keep reading to find out the five tell-tale signs that you are facing financial instability.
by Shaun MorganWhen the COVID-19 pandemic initially hit, the majority of employees at some companies began working remotely until they were cleared to return to the office. The integration of work flexibility allowed employees to continue working and earning money while being in the comfort of their homes.
by Matin VarshochiCurrently, due to various domestic and international events going on right now, the United States (U.S.) economy is performing poorly. From high gas prices to even higher inflation rates, some people are speculating the worst.
by Nailah HerbertOne of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.
by Matin VarshochiThe Black homeownership gap has increased by more than 30% since the height of the pandemic. That is higher than it was 60 years ago when racial discrimination in housing was legal.
by Sha'Kreshia TerrellOwning an investment property can help you earn incremental cash, increase savings on your tax return and build generational wealth. Read on to learn the four key steps for beginners to buy an investment property.
by Pam HillSince the COVID-19 pandemic, the housing market has continued to rise in value, although the economy has been in a recession. With the fear and uncertainty of the pandemic, many began purchasing homes, ultimately raising the average house price.
by Matin VarshochiBuying a home is a big deal, so it is important to be financially prepared in advance. Here are nine steps to take to prepare yourself to become a homeowner.
by Shaun MorganDuring the height of the COVID-19 pandemic, the rental market experienced lower prices due to the economic downturn. However, since the pandemic’s worst days are over, monthly rents are back on the rise.
by Matin Varshochi