life insurance protects your family
By Sandy Smith On Saturday, February 1st, 2014

Why You Shouldn’t Depend On Your Employer’s Life Insurance

For the first time in my life I’m buying life insurance. I’ve always had life insurance coverage through my various employers, but I never bothered to purchase my own life insurance because I thought that I More...

By Sandy Smith On Friday, January 31st, 2014

Ask The Experts A Question

Have you ever had a burning financial question that you’ve wanted to ask some one, but didn’t know who to turn to? Now you can ask all of our experts your finance questions. If chosen, we may feature More...

cash system
By Sandy Smith On Thursday, January 30th, 2014

How the Envelope System is Going to Save You

A lot of us are terrible at saving money. It’s hard – it takes persistence and the will power to not spend next month’s rent on “window shopping impulses”. Instead of continuing to live in constant money More...

By Sandy Smith On Thursday, January 30th, 2014

I’m Buying Rental Property While Still In Debt

If you listen to the news, it would make you run in the opposite direction of buying property at a time when you probably should be running directly to real estate.  Apparently, many of you do not watch the news More...

job line
By Sandy Smith On Monday, January 27th, 2014

Black Unemployment Decreased…Or Did It?

According to data released by the Bureau of Labor Statistics, the unemployment rate for African Americans fell from a shocking 16.9% in 2010 to 11.9% as of December 2013.  The 5% decrease in the unemployment rate More...

looking for work
By Sandy Smith On Monday, January 27th, 2014

What’s Keeping You From Finding A Job

I am the first to recognize that there are a multitude of factors that are beyond our control that will make it very hard to find employment within a reasonable amount of time. While I won’t say that these reasons More...

retirement 401K
By Sandy Smith On Tuesday, January 21st, 2014

Differences Between Taking A Loan Or A Withdrawal From Your 401(k)

There are many differences between a  401(K) loan for a 401(K) withdrawal.  While they may appear to be similar they are two totally different things with completely difference repercussions.  For one, there More...

home refinance
By Sandy Smith On Tuesday, January 21st, 2014

What Does a ‘No-Cost Refi’ Really Mean?

The pitch for a no-cost refinance sounds pretty attractive: replace your current mortgage with a lower-interest rate mortgage and pay nothing for the privilege of doing it. But before signing on the dotted line, More...

black couple managing money
By Sandy Smith On Monday, January 20th, 2014
1 Comment

Differences Between Debt Consolidation and Debt Settlement

As the economy continues to struggle and people with it, I have seen more and more commercials advertising debt consolidation or debt settlement.  Sometimes these phrases are used interchangeably, which generally More...

life insurance
By Sandy Smith On Sunday, January 19th, 2014

Why You Need Life Insurance

You may have health insurance, homeowner’s insurance and car insurance, but when it comes to life insurance, you may have dropped the ball. I’m amazed by the number of people who think they don’t need a life More...


Did you know?

African Americans are significantly more likely to have some type of debt (94%) compared with the general population (82%). Credit card debt, student loan debt, and personal loans are all significantly higher in the African American community.

Source: Prudential’s 2013 "African American Financial Experience" study