Living to Grow Your Means: 10 Smart Money Moves Many of us have heard the age-old sayings, “Spend less than what you make” or “Live within your means.” We obviously need a revamp. Not only must we combat inflation and stagnant wages, but we also need to build generational wealth. So, what’s the answer? In our guide to living to grow your means, we share strategies to better balance your spending, find spending alternatives, and take action to grow your wealth. Let’s get into it! Balancing Spending Let’s run through the most important things to keep in mind when you are looking to balan ..read more

The Mind-Money Mashup: Your Brain and Your Bucks Have you ever had one of those phases when you feel like you’re battling life and it’s winning? You’re not alone. In the hustle and bustle of our modern lives, it’s easy to get tangled up in the financial web of bills, loans, and savings. Here’s the thing: it’s not just about dollars and cents. Your financial wellness is deeply entwined with something even more important: your mental health. Yep, that’s right! The state of your wallet and the state of your mind are like those old friends from way back that just can’t help but influence each ..read more

The Unsung Heroes: 5 Women’s Contribution to Labor Justice The struggle for labor rights in the United States has been a long and arduous journey, defined by the relentless fight of dedicated activists and organizers. Despite facing the double jeopardy of gender bias and racial discrimination, Black women set the pace. The women who are on the frontlines today, holding our nation to greater standards of accountability and equality, are backed by the abolitionist movement. As a nation, it’s past due we shed light on the untold stories and remarkable contributions of 5 fearless, unsung women ..read more

Marketing Magic: 5 Ways to Fuel Your Business Imagine you have it all in business: competitive products or services, top-of-the-line skills, and an unstoppable passion. Does anyone else know? That’s where marketing comes in to help put you on the map. Marketing can be defined as any action a business takes to attract potential customers to their product or services. It’s the billboard that communicates your story. To build generational wealth, you need to share your business with the world. As of 2020, there are 2.6 million Black-owned businesses in the US, representing 4% of total busin ..read more

The Fee Divide: How To Keep Fees At Bay A recent survey tells us if you are Black or Hispanic, you are more likely to pay higher monthly banking fees compared to white Americans. Explore ways to offset this fee divide with three key steps. Fee Inequalities A recent Bankrate survey revealed white checking account holders paid $4.72 in monthly bank fees, while Black and Hispanic customers paid $12.45 and $18.29, respectively. Black and Hispanic customers reported fewer no-fee accounts and significantly higher fees than the overall average. Although several factors drive this disparity bet ..read more

7 Side Hustles to Earn Cash in College Discover 7 ways you can make money as a college student. From flexible gigs to entrepreneurial ventures that tap into your skills and passions, these opportunities will help you make the most of your school semester while boosting your bank account. 1. Join the Babysitters Club If you love children, consider taking on local babysitting gigs. There’s never a shortage of parents seeking trustworthy babysitters. Not to mention, the flexible hours will allow you to plan commitments around your school schedule and still have enough time to have fun with you ..read more

A source of funding for the fastest-growing demographic of entrepreneurs in our country is under attack. The Black-owned venture capital firm investing in women of color, Fearless Fund, is being sued for alleged “reverse discrimination”. Here is why and how we can fearlessly defend Black women entrepreneurs. Our Breakdown The lawsuit specifically addresses one of the Fearless Fund’s programs, Fearless Strivers Grant Contest, which awards $20,000 to Black women business owners. Their slogan “by women of color for women of color” signals an unapologetic mission to serve and champion the innov ..read more

Start your school year off right by getting #FinanciallyLIT! We’ve curated our top three programs for college students in our Financial Education Center to help you achieve your money goals. School is in session! Whether you want to accelerate your learning or stretch it over several weeks, our Financial Education Center is your greatest companion. We understand that you may want to take every course our education center offers, cherry-pick only a few, or just revisit old concepts. Our Top 3 Programs for Students get you up to speed! Building Financial Capabilities Start Here: Each mo ..read more

Black owned businesses are hitting their stride post-pandemic, and Black women are at the helm driving growth. Still, a lack of access to capital and support limits progress. If we #InvestBlack and #BuyBlack, we can uplift Black businesses to new heights! August is Black Business Month, a reminder to recognize the importance of Black businesses across the nation. As the pandemic moves far out of our rearview mirror, let’s check on the status of Black-owned businesses. Black Businesses on the Move Despite many obstacles, Black owned businesses are surging. Black business owners experie ..read more

Do you lock your front door at home? Do you lock your car at night? Well heads up…protect your identity too! As we increase the use of digital wallets and tools such as CashApp, Zelle, and Venmo, we need to protect our identity and know what to do if our identity is stolen. Identity theft can impact your wallet, even if it’s for a brief period of time until your funds are reimbursed. Here are ten key tips: Protect Your Identity 1. Don’t be “Phished”! Phishing is the attempt to acquire sensitive information through email or text. Even if you think you received an email that appears to be ..read more