| May 31 2023
Wealth Building Moves Everyone in Their 30s Should Make
Strategies to Secure a Strong Financial Future and Foster Long-Term GrowthSo, there are these financial advisors on social media, going around giving crazy advice like LLC this, LLC that. Honestly, 90% of what they say on “LLC Twitter land” is totally far-fetched and sounds like a load of baloney. B
| May 26 2023
Black-owned Liquors to Buy this Weekend
As we approach Memorial Day weekend, a time of remembrance and celebration, let us also take the opportunity to support and honor the achievements of Black-owned spirits companies. This holiday weekend presents the perfect occasion to raise a glass of exceptional, handcrafted spirits while acknowled
| May 24 2023
The Aftermath of Failed Debt Ceiling Negotiations – How it Affects Your Pocket
If you have been tracking the news lately, you must have heard about the ongoing debt ceiling negotiations, which seems to be a hot topic for the lawmakers. The current situation regarding the US debt ceiling isn’t good, and we’re on the brink of experiencing the failure of these negotiations betwee
| May 8 2023
Money Habits We Must Unlearn
Money management is a crucial life skill that everyone should learn to master. However, when it comes to Black Americans, there are specific money habits that must be unlearned. These habits have been passed down from generation to generation and have contributed to the wealth gap that exists in Ame
| April 26 2023
800 Credit Score or $500K Cash?
The debate over which is more valuable – an impeccable 800 credit score or a hefty sum of $500,000 in cash – is a complex one. While both options present an array of possibilities, the question remains: which one could ultimately provide a greater sense of accomplishment?With an 800 credit score, th
| March 27 2023
Tips for Raising Money-Smart Kids
Raising money-smart kids is an essential aspect of parenting that can set your child up for a lifetime of financial success. Money-smart kids are more likely to make responsible financial decisions, avoid debt, and build wealth over time. According to a 2020 report by the Brookings Institution, the
| March 22 2023
$100K isn’t $100K Anymore
The erosion of purchasing power due to ongoing inflation is persistently driving up the cost of living. In December 2022, more than half of the people earning over $100,000 reported living paycheck to paycheck, a 7% increase from the previous year.For this study, SmartAsset used its paycheck calcula
| March 14 2023
Safety Nets in Place: How Your Money is Protected Even If Your Bank Fails
The concept of a bank failure might strike fear into the hearts of many individuals. After all, the idea of losing one’s hard-earned savings due to a bank’s insolvency is a terrifying thought. Fortunately, the modern banking system has several safety nets in place to ensure that, even in the event o
| March 14 2023
How Much Money Do You Need to Retire Comfortably
The question of how much money Black millennials will need to retire comfortably is complex and depends on several factors. However, there are some general guidelines that can help individuals plan for their retirement.Firstly, it is essential to understand that retirement planning is a long-term pr
| March 8 2023
20 DMV Black Women Igniting The Culture
Ready to be wowed? We’ve got a phenomenal lineup of dynamic female leaders from the DMV area making major waves in their respective fields. Entrepreneurial mavens to rising stars – you name it! So join us and celebrate these incredible women who are taking charge, inspiring others, and igniting the
| February 22 2023
LegalShield the Lawyer in Your Pocket
Legal situations can be downright terrifying – and even more so for African Americans. Finances are often a barrier, since attorneys’ charges range from just over $50 to several thousand dollars an hour! But LegalShield is here to help with budget-friendly services that give individuals and business
| February 17 2023
Invest in these ETFs for the Best Long-term Returns
This is not investment advice. Investors should always consult a financial advisor before making investment decisions.Exchange-traded funds (ETFs) are investment vehicles that allow investors to buy a basket of securities that track a particular index or sector. ETFs are a popular option for long-te
| February 15 2023
Living Single is Expensive
Living alone in the city is becoming increasingly more expensive. Whether you are trying to make ends meet on an entry-level salary or enjoying a more established career, living solo in a major city can often be a financial strain. From sky-high rent prices to rising costs of groceries and transport
| February 12 2023
Delete Credit Karma and Get This
When it comes to managing and monitoring your credit, there are many options available to consumers, but two of the most popular are Credit Karma and MyFICO. Both services offer credit scores and credit reports, but there are key differences between the two that make MyFICO the better choice for tho
| February 8 2023
Job Interview No-Nos – What to Avoid on your Next Big Interview
Job interviews can be nerve-wracking, but it’s important to remember to present yourself professionally and avoid common mistakes that can cost you the job. Here are some of the biggest job interview no-no’s to keep in mind:Being Late: Arriving late for a job interview sends a negative message about
| January 27 2023
Ways to Improve Your Credit Score
Having a good credit score is essential for financial success. A high credit score means it’s easier for you to get loans, acquire lower interest rates on mortgage payments, and be approved for rental housing. If your credit score needs a boost, there are many simple and easy ways to improve it.Chec
| January 13 2023
DMV First-Time Homebuyer Programs
WATCH THIS VIDEO When it comes to purchasing a home, many first-time buyers may find the amount of… WATCH THIS VIDEO View this post on Instagram A post shared by MVEMNT® (@jointhemvemnt)When it comes to purchasing a home, many first-time buyers may find the amount of information ov
| January 10 2023
Meet Keem Hughley, Owner of Bronze on H ST
DC’s vibrant culinary scene is getting an exciting upgrade with the opening of Bronze, a brand new Black-owned restaurant that puts quality fare at its center. Introducing us to this elevated dining experience is Keem Hughley, DC native, and mastermind behind this Creative Afro fare. We caught up wi
| January 6 2023
The Best Books Aspiring Entrepreneurs Should Read in 2023
Starting a business can be a daunting task, but there are many resources available to help aspiring entrepreneurs get started. One of the most valuable sources of information is a good book. Here are five books that aspiring entrepreneurs should consider reading in 2023:“The Lean Startup” by Eric Ri
| December 30 2022
Financial Goals to Set to Make 2023 Your Best Year Ever
If you’re like most people, you probably want to start the new year off right. And what better way to do that than by setting some financial goals? Whether you’re looking to save more money, pay off debt, or invest for the future, we’ve got some goals for you that will help make 2023 your best year
| December 23 2022
IRS Pauses Rule Requiring People to Report Cashapp, PayPal, Venmo Transactions over $600.
The IRS has announced a one-year pause on the new $600 tax-reporting threshold for individuals utilizing payment networks such as Cashapp, PayPal, and Venmo. “As a result of this delay, third-party settlement organizations will not be required to report tax year 2022 transactions on a Form 1099-K to
| December 16 2022
A Tech Bootcamp Could Change Your Life
Are tech bootcamps worth it? This is a question that many people are asking themselves as the cost of college tuition continues to rise. A tech bootcamp offers an efficient, affordable, and shorter option than traditional degrees. Still, coding bootcamps require significant time, money, and energy.A
| December 12 2022
8 Reasons to Open a Roth IRA for Your Retirement Savings
When it comes to saving for retirement, there are a lot of options to choose from. One popular option is the Roth IRA. A Roth IRA is a type of individual retirement account that’s funded with after-tax money. This means that you pay taxes on your contributions now, but you won’t have to pay any taxe
| November 28 2022