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Credit

PUSH Money Matters Detroit

Free Event: You Should Attend the Rainbow Push Coalition Money Matters Event

In Finance

Think about the answer to this question: What would I do if I couldn’t fail? Once you think about what you would do, I want you to imagine what your life would be like. What emotions would you feel? How would your children feel? Picture yourself and your family smiling and covered with the joy of your family’s ideal life. Now, I want you to open your eyes. Can you realistically get there given your current circumstances? Ouch. I know that you are thinking, “Aisha, that’s tough.” That may be tough, but I say it with love. I want you…

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5-credit-card-mistakes and how to avoid them

5 Credit Card Mistakes to Avoid and How to Overcome Them

In Finance

Credit cards are popular because they are easy to use and convenient. Credit card use amongst millennials, the generation of people born between 1982 and 2004, is relatively high. According to a study by FICO, one in three, Millennials carries a monthly credit card balance between $1,000 and $4,999. Additionally, according to FICO, consumer research shows that 83 percent of Millennials (25-34 years old) use credit cards to fund their lifestyle.” This presents a risk to their financial future if credit is not used responsibly. Given this risk, it is best to be aware of some of the most common credit card…

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What you need to do with your personal finances to be successful in business

Get Your Personal Finances Right: The Financial Steps You Need to Know Before Starting Your Business

In Finance

Starting a business is a way to increase your income and also pursue your dreams. However, what many people don’t realize is that your personal finances may impact your ability to grow a successful business for the following reasons: Obtaining a business loan and credit. If you are trying to apply for a business loan then the bank may look at your personal credit if you do not have sufficient business credit history or if you are a sole proprietorship. Funding your business. If you need to allocate a portion of your paycheck to help fund your start-up, then you…

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coping with single mom guilt or working mom guilt

How Understanding Your Role as Mom Will Save You Money and Stress

In Phenomenal Living

As single moms, sometimes we carry a lot of guilt and shame. We carry shame about the fact that our kids don’t have the other parent. Sometimes we think that it is our job to love them times two. I had a conversation with a friend of mine today, and I told her that I just want to love my kids more to make up for the fact that their dad walked out. Trust me, I use the word “dad” loosely. I already take on the parental responsibility of two parents, but I also try to love my children times…

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20 Things You Are Wasting Money On

In Finance, Phenomenal Living

Imagine being able to save money without impacting your lifestyle by getting control over the items that you waste money on.  Before you start to slash your budget and cut out the fun, re-evaluate the ways that you spend without thinking.  Here are 20 ways that you waste money and how you can change this spending. Things you are probably wasting money on Overdraft Fees. Overdraft fees can be as high as $35 per transaction, so if you have 3 overdrafts per month then you end up spending $105 in fees.  What could you do with the extra money?  You…

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