Part 6: Saving & Investing

Lately, it seems like everyone is talking about investing. But if you’re not sure whether it’s time for you to start investing, or if you should focus on saving, the answer depends on your goals, risk tolerance, and financial situation. In this article, we’ll help you determine whether you should focus on building your saving or starting to invest. So no matter where you are in your financial journey, we’d like to help you prepare to reach your specific goals.

Part 5: Saving for retirement

You may have just landed your first “real” job or be well established in your career. But, if you’re like most people, you probably want to retire someday. To retire comfortably, you will need to have enough in savings and investments to maintain your preferred lifestyle. The key to success is to start saving as early as you can. Because the sooner you start, the more you’ll be able to prepare for the future. Here are a few tips to help you prepare for retirement.

Part 4: Get smarter about credit

Today, most people carry some amount of debt. This may include student loans, personal loans, or credit card bills. And sometimes it may be challenging to prioritize these debts over other everyday expenses. But making a plan to manage your payments and balances can help you take control of your finances. These nine tips may help you take steps toward managing your debt and improving your credit—which means you may be on your way toward maintaining healthy financial habits that pay off in the long run. This is how empowered becomes Empowerful.

Part 3: Starting Your Own Business

If you’ve always wanted to be your own boss, now may be the time to start. You have the skills to turn that side job into a full-time business and build it from the ground up. You have the determination to make your own rules and your own hours. You just need to know how to get started. This could be your moment to build a business that may also build a community. This is how empowered becomes Empowerful.

Part 2: Responsible Home Buying

Purchasing your first home could be another way to build your wealth. But lack of knowledge about the process may stop some from achieving their homeownership dreams. If you’re ready to put down roots, these eight tips may help you prepare to turn your dream home into a reality —and the foundation for future generations to come. This is how empowered becomes Empowerful.

Part 1: Improving your financial health

Before you can prosper, you need to understand and improve your financial health. Wells Fargo’s 8 Rules of Thumb to Financial Health are a good place to start. They provide easy-to-follow steps to help you increase savings, reduce debt and feel more confident about your finances. When you improve your financial health, you can finally start to prosper and grow your wealth. This is how empowered becomes Empowerful.

100 Black Men of America’s Response to Shootings in Dallas

100 Black Men of America extends its condolences to the families, friends and community members of the slain officers in Dallas. These men and women of law enforcement were reverently and honorably performing their duties to serve and protect their community. There is no justification for these murders, as there is no justification for the […]

100 Black Men of America’s Response to Shootings in Columbu, Tulsa and Charlotte

100 Black Men of America extends its condolences to the families of Tyre King, Terence Crutcher and Keith Lamont Scott who were fatally killed during encounters with police officers. Although the circumstances in each instance are different, the loss felt by these travesties is not.   Human life is and must be sacred.  Whenever anyone […]

100 Black Men of America’s Response to Protestor Arrest

100 Black Men of America supports the Constitutional right of Americans to peacefully demonstrate and call attention to the injustices happening across the country.   Americans, including communities of color, have an expectation that law enforcement will afford them the same civil rights given to others. As we await the release of the facts, the […]