You’ve probably heard about the wealth gap and generational wealth, but here’s a number for you: There’s a $200 billion annual gap between Black and white recipients of inheritances, according to a 2021 McKinsey Global Institute report, The Economic State of Black America…
I recently met with Rekha Brar, a successful small retail business owner who created Blossom Box and launched a second online store, Gilded Halo, during the pandemic. Her jewelry stores have seen a sell-through rate of close to 90% and her overall growth is close to 50%…
There is so much stigma around money. A 2018 Capital Group survey reported that people are more comfortable talking about race, sex, politics and mental illness with their friends than they were talking about their salary, debt and retirement savings. These feelings around money…
As an ambitious person, you’re always working toward your next career goal. Right now, you’re focused on improving your earning power, but you’re not sure where to start.
There’s no time like the present, so you’re interested in advice that can help boost your net worth as quickly as possible — as well as guidance…
Then Covid-19 hit, many growing businesses weren’t prepared for the digital transformation required to keep the doors open. Overnight, they had to become experts at video conferencing, messaging platforms and collaborating online with colleagues and clients alike…
How to save money for a house is one of the biggest challenges to homeownership. There are many schools of thought on the topic. The reality is that housing is one of the biggest expenses of the average American.
Housing cost accounts for 34.9 percent of the total annual…
It’s not unusual for people to look for ways to cut housing costs, and it’s especially true of older adults who may be looking for ways to retire early or make life on a fixed income more comfortable.
From the traditional approach of downsizing to the more…