African American finances

We are talking retirement again this week, but from a different perspective. This morning, you are here to give us some tips for retiring single. Why? There are simply more people facing retirement without a spouse – either by choice, or because they are divorced or widowed. In 2015, for the first time in the […]

Mellody Hobson covers the importance having an emergency fund. Mellody: It may seem like it is simply common sense to save up some money for a rainy…

  Mellody Hobson is President of Ariel investments; a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds…

  Mellody is president of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and…

  Rob Wilson is a financial advisor, television contributor and new media personality that focuses his practice on providing advice to and managing financial affairs…

  Mellody Hobson is president of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds…

For iPhone:   Cyber Monday is big business. Last year, Americans spent over $1.7 billion online the Monday following Thanksgiving, an 18% increase over 2012,…

  Mellody is President of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and…

Do you have any new ideas for how to teach saving and investing to our kids? Mellody: It is still stunning to me that stock market fundamentals—actually, even the basics of saving and investing—are not taught in schools. That means the onus lies on parents to teach their kids. One fun way to get started […]