Since the introduction of Bitcoin in 2009, cryptocurrency has grown tremendously and now has a market worth over $3 trillion. With the value of crypto rising daily, you may feel tempted to buy in on the fear of missing out. However, financial experts suggest that cryptocurrencies are unsteady, risky investments and that one should only invest what they can afford to lose. So how do you determine the right amount of money to invest in […]
Hope is contagious, especially when it comes from someone who, at one time, felt like he had very little to hope for. That’s what Mr. Glenn Carter projected as we spoke about his journey to fulfilling his financial goals. Often when someone speaks of financial goals, we envision being a multi-millionaire in our 30s or even better being able to retire by age 35. For Glenn Carter, his financial goals were getting out from under […]
Financial literacy is the backbone of a solid financial life. It is so surprising that so many people in the United States have little understanding of their financial lives, which means, they have no control. Understanding how your finances work, especially how credit works is the key to financial wellbeing. In the last two blogs of this series, we looked at how financial illiteracy can cost you a fortune, and we’ve been looking at the […]
In our part one of the costs of financial illiteracy, we looked at the story of R. Kelly a popular R&B singer to emphasize America’s lack of knowledge concerning budgeting and saving. We continue exploring this problem by looking at the Literacy Project. The Literacy Project s a nationwide organization that works to address and fix America’s financial illiteracy. Recent statistics show that the number of Americans who are “functionally illiterate” (Meaning they can read […]
“Grow your money, don’t blow your money.” This is a quote associated with the author of the newly released book: The Secret of the B.r.o.k.e. code. Her name is Constance Carter. Mrs. Carter is a remarkable and compassionate woman that happens to be a wealth advocate and budgeting connoisseur. Every wealthy family has that one family member that broke the chains of poverty for future generations. In Constance’s family that was her. Through sheer determination […]
