Financial Literacy


Wealth and Income Inequalities Bad for America

Amid stagnant wages, nagging underemployment and unemployment, many families continue to struggle with their finances.

Why African-Americans Are in Desperate Need of Mortgage Help

Buying a house or a piece of property to call your own is the American Dream. But, if you're African-American, that dream is becoming further out of reach.

Back-to-School Time

In making sure that our children are safe, we should anticipate what would be needed if something were to happen to us. Immediately, if there was a tragedy, would the legal supports be in place?

Do's and Don'ts of Charge-Off Debts

With 19 of the nation's banks annually selling $37 billion in charged-off debts, the absence of clear guidelines for banks and debt collectors has led to many consumers facing lawsuits, harassing telephone calls and threats over debts that they may ...

Pencils, Pens … and Property Insurance?

When preparing for college, property insurance is probably the last thing on a student’s mind. However, some students at Duke University learned about the importance of property insurance the hard way.

Ending the Payday Lending Debt Trap

In just a few days, the debt trap at the core of small-dollar loans that come with triple-digit interest rates and debt traps has generated an unprecedented groundswell of national and local attention.

National my Social Security Week!

Whether retirement seems like it is just around the corner or years away, it is good to know that Social Security is working for you now — even if you are not receiving benefits yet.

Overdraft Fees Drain Dollars Available to Consumers

as the use of debit cards have replaced most cash purchases, the "service" of overdraft protection has become a drain of available cash for consumers and a major source of revenue for banks.

The Lessons of My Father's Estate Plan

In my last article I shared about the lessons learned from the passing of my mother last month. My father read it and asked if I was going to write about what I learned in working with him. I thought ...

In 4 Years, CFPB Returns $4.6B to 15M Consumers, Yet Public Debate Continues

In celebrating the anniversary, the Consumer Financial Protection Bureau announced that $4.6 billion has been returned to 15 million consumers, yet the 113th Congress has continued to propose a series of bills all designed to dilute the bureau's power and ...

Payday Lender ACE Cash Express Fined $10M

For the second time in as many years, the Consumer Financial Protection Bureau has fined a major payday lender.

Lessons from My Mother's Estate

This month my mother passed away. It was a painful experience, but with most mom experiences, there were lessons that have reinforced my estate planning work.

Beware of Prepaid Card Scams

Con artists are using the popularity of prepaid cards to prey on unsuspecting victims.

Defense Department Seeks Tougher Laws against Predatory Lending

When it comes to payday and other small-dollar, high-cost loans, many envision urban areas plastered with signage and neon lights — often in communities of color. And while those images are all too true, predatory lenders have another favored target: ...

Business Success Planning

As we know, we will not live forever and we may not want or be able to work in the company that we have built forever. We must create the success plan that is able to satisfactorily determine where we ...