Financial Literacy


Jamaican Lottery Scams Thriving Despite Crackdown

The Department of Insurance, Securities and Banking has received a number of questions and concerns about lottery scams, especially from seniors.

Cracking Down on Payday Lenders

Just in time for the holiday season, three federal regulators have taken two separate actions against payday lending.

'Tis the Season for Smart Shopping

Now, more than ever, it’s important for us to understand what it means to be a Conscious Consumer — particularly during the busiest shopping season of the year.

Having a Conversation With Your Parents … About Money

Despite the uncomfortable nature of these discussions, adult children talking with parents about their finances is not only essential but can be a rewarding experience for everyone involved.

Brandeis Study finds Racial Wealth Gap Growing

New research finds that the ability to reach some level of financial security or well-being can be like a chicken and the egg question: Which comes first — the problem or the lack of money?

Private Student Loans No Better Than Using a Credit Card For College

An analysis of the recent Consumer Financial Protection Bureau's Student Loan Ombudsman report concluded that private student loans are a risky and high-cost method to pay for a college education.

Nation's Housing Recovery Far from Equal

With the annual holiday season approaching, many across the country will soon be celebrating with families and loved ones. But for families still troubled by delinquent mortgages and foreclosures, this time of year has another meaning.

BUSINESS EXCHANGE: The Debate over the Redskins' Name

President Barack Obama recently said that if he were the football team's owner he'd "think about changing" the Washington team's name. The normally non-committal president's comments fueled a debate over the top sports team in the nation's capital. The debate ...

Your Will: The Overlooked 'Bucket List' Item

Only about 40 percent of adults in America have a will, which is probably due to people not wanting to be reminded of their own mortality and that life will go on without them, a veteran CPA says.

Coping With Student Loan Repayment

Just as troubled homeowners were often unable to pay their mortgages, refinance their loans or receive timely assistance from loan servicers, many student loan borrowers are now experiencing many of the same difficulties.

Taxpayers Should Act Now to Take Advantage of IRS Changes

Unlike last year, tax planning for 2013 is not hampered by uncertainties over a looming fiscal cliff. Unfortunately, there is always some uncertainty and a few expiring provisions to warrant special attention by taxpayers.

Consumer Group Urges States to Enact Protections from Debt Collectors

An old adage advises that "one man's pain is another man's gain." As consumers nationwide struggle to recover financially from the Great Recession, this adage is also a truism.

BUSINESS EXCHANGE: Take Note of this Black Institution

For Blacks seeking success and advancement in journalism, DeWayne Wickham is well-suited to be dean of Morgan's State University's School of Global Journalism and Communication to prepare Black students.

D.C. Couple's Journey out of Debt

David Mills remembers the date, April 14, 2009, as if it were yesterday.

Books to Aid with Financial Literacy

These books are helpful aids with financial literacy.