No matter the situation, it is good to have some money on hand. Sinking funds and an emergency fund are good strategies to make sure that happens. Find out the difference between the two.

A goodwill letter usually asks creditors to overlook the past due bill and accept your payment as if it had been received on time. The end result is left up to the creditor to decide whether or not to erase any negative marks on your credit report.

Jala Eaton, Esq., Certified Trust and Fiduciary Advisor (CTFA), is the Founder and CEO of On My Own Financial, LLC and J. Eaton Law PC. Learn more about Jala Eaton, her company On My Own Financial, and her advice to other women entrepreneurs.

Raya Reaves is the Founder and Finance Coach of City Girl Savings. Below you can learn more about Raya and her journey to becoming an entrepreneur and the advice she gives to other women entrepreneurs.

Buy Nothing Day is an international day of anti-shopping and anti-consumerism. What exactly does that mean, and should you participate? Read this CapWay article to find out!

CapWay invited Financial Therapist and Reiki Master Teacher, Steven M. Hughes to join Culture Meets Money to discuss financial therapy, why mental health matters in the Black community, and how money and mental health coincide.

Ignoring your student loan debt is not a good idea. Instead, start right now by making a plan to get out of student loan debt. The sooner you start the better. Here is how.

Debt collection agencies are infamous for how terribly they treat people. With some little-known facts, you can get through collections quickly and be much better off.

A basic budget provides you with a plan to implement, should a financial emergency strike and you must limit your spending only to your most basic needs.

The idea of having children can be sweet when you think about all the special moments like the cuddles, hugs, and kisses. But the reality of having children is that they are a huge responsibility, especially regarding your finances, as a recent estimate says caring for a child costs $300,000.