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When it comes to rules there isn’t a one size that fits all clause. Relationships can be difficult enough, but when you mix in finances that’s an entirely different conversation. Depending on which…
ContinueAdded by Bahiyah Shabazz,MBA on June 16, 2011 at 11:30am — 2 Comments
Can you imagine losing a long friendship over a signature? How about being sued by a family member?
This type of situation happens more often than we would like to imagine. It often occurs when one party is seeking financial assistance from someone else by requesting a…
ContinueAdded by Bahiyah Shabazz,MBA on June 10, 2011 at 1:30pm — 1 Comment
If most consumers had it their way, every dollar would be under lock and key. Fixed accounts are "designed" to have this protection, but it doesn't keep up or even exceed inflation. Yes, it's safe from the market,…
ContinueAdded by Bahiyah Shabazz,MBA on May 24, 2011 at 2:17pm — No Comments
Readers are reluctantly answering this question. Many are even wondering the purpose. Well, everything in life has a purpose and so does this question.
The motions of writing out a check to pay bills doesn’t indicate that you’re actively involved in your …
ContinueAdded by Bahiyah Shabazz,MBA on April 21, 2011 at 11:00am — No Comments
It was just a few years ago consumers would only pay with plastic. According to many financial gurus it was the most recommended way to build credit. Fast forward three years and over the…
ContinueAdded by Bahiyah Shabazz,MBA on April 21, 2011 at 11:00am — No Comments
Many are captivated by Mary J. Blige’s voice, Drake’s lyrics and Swizz Beatz production when its first heard the tune. “Nails done, hair done, everything big, you fancy…” When it comes to being fancy most are ready to put their best foot forward even if it forces you to live outside your means.
It’s time to define your success and…
ContinueAdded by Bahiyah Shabazz,MBA on April 21, 2011 at 11:00am — No Comments
Many have been coined a self-proclaimed shopaholic. The feeling of purchasing a scarf, pair of earrings or vehicle sends a rush through your veins. It’s like an addiction that you don’t have a cure for. This addiction is taking over your financial responsibilities. There are times when individuals opt to shop instead of paying bills.
…
ContinueAdded by Bahiyah Shabazz,MBA on January 28, 2011 at 9:40am — 3 Comments
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The worst fear anyone especially an investor can have is the fear of the unknown. We've gone through a difficult time in economic history by witnessing the downfall of AIG, GM, WACHOVIA, WASHINGTON MUTUAL, LEHMAN BROTHERS, MERRILL LYNCH and others. Although we've seen large corporations ask for bailout monies and restructure its company it's not the end of the recession. However, just as…
ContinueAdded by Bahiyah Shabazz,MBA on December 13, 2010 at 2:40pm — No Comments
I always promote purchasing with cash when you're not disciplined. Although some of you are concerned about rebuilding credit. In order to rebuild credit you want to make sure the company reports to the credit bureaus as often as possible.
Debit cards DO NOT report to the credit bureaus, but should be used when the funds are in your checking account. If you don't keep track you will pay a fee. Credit credits report to the credit bureaus and gives…
ContinueAdded by Bahiyah Shabazz,MBA on December 12, 2010 at 4:45pm — No Comments
You already have the car, house, student loans and multiple credit cards. Since the economy…
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