Toni Braxton has finally wiped the slate clean on her bankruptcy case. TMZ reported that the singer filed for bankruptcy for the second time back in 2010, with debts stacked as high as $50,000,000. It “only” cost her $150,000 to settle the case. The bankruptcy documents stated that Braxton made a deal with the trustee to buy […]
Women breadwinners are playing an increasingly important role in American society. Four in 10 households with children under age 18 now include a mother who is either the sole or primary earner for her family, according to a Pew Research Center report released Wednesday. This share, the highest on record, has quadrupled since 1960. The shift reflects […]
Dame Dash was known for his extravagant spending, business acumen and being a ‘cake-aholic’ during his fabled run with Roc-A-Fella records, but it’s being reported that he’s fallen on extremely hard times. The Hip-Hop mogul and founder of Roc-A-Fella Records is in dire financial straights under a heaping amount of personal debt. Long rumored […]
If you were embarrassed by that question, don’t be. More people should actually ask and more personal finance gurus should stop assuming that everybody knows!…
Philadelphia loves Allen Iverson. The Jordan crossover. Stepping over Tyronn Lue. The practice press conference. Kissing the floor during his return to Philly. The NBA’s bad boy from Hampton, Virginia by way of Georgetown will never pay for another drink in Philly. But, as a new profile in the Washington Post points out, that doesn’t […]
“Do you have student loans? If you do, then you know they can hang around your neck for decades. This is bad. I’ve partnered with ELFCU specifically to help people in situations like this. Give them a call to see if they can help you save money by consolidating your student loans. You can reach […]
The nation is in pins and needles trying to figure out exactly what “going over the fiscal cliff” means for the average middle income family.…
New surveys conducted by Askmen.com and Cosmopolitan reveal some surprising differences in men and women’s attitudes about money. According to the surveys, more women than men believe women put too much value on a man’s finances. A large majority of men have a plan for retirement as compared to their female counterparts. While most men and […]
Too many times in family communities across the country— those who have become comparatively financially successful — are unknowingly volunteered to become the “universal provider” within their family circle. I should stress the word “comparatively” because many times those who are MORE successful within a family are also having their own financial problems. But because […]
BE FRIENDS WITH FIRST LADY ON FACEBOOK OR FOLLOW HER ON TWITTER (content courtesy of eurweb) Eddie Long’s church, New Birth Missionary Baptist in Lithonia, Ga. is taking a major hit, possibly because tithes and offering and maybe attendance is down since the controversies surrounding Long personal business and the church finances. Because of the […]
When it comes to saving for the future, women, African-Americans and Latinos in general had fallen behind before the recession hit. In a recent survey 54 percent of respondents reported having less than $25,000 in total savings and investments, excluding their home or workplace pension, if any. Some 27 percent said they don’t have even […]
