COVID-19 Financial Do’s and Don’ts

The COVID-19 global pandemic is creating enormous economic challenges and fiscal distress for individuals and families in the United States and abroad. Here are Do’s and Don’ts to help manage personal finances during these difficult times. DO’S Budget Create or revise your budget. This is a perfect time to analyze your spending habits. Take a…

African Americans’ Financial Resolutions

We have just begun a new decade. Many of us are accustomed to making New Year’s resolutions.  Data from all research, reports, and studies indicate that African Americans need to make a financial resolution.  The resolution should take the form of a commitment to limit spending to enhance financial well-being and create wealth. Wealth gives…

Why Teaching Financial Literacy Matters

Money management is an essential part of each person’s life. Twenty-one years ago, I started SFE&PD because young people from underserved communities weren’t being taught personal finance. I witnessed too many bright young people who could not manage their finances and as a result, dropped out of college and/or ended up in debt. That is…