Credit Cards

Premium Checking Accounts

Interest. A simple 8 letter word that can mean trillions in the financial world. All followers of this blog, every Clever African, should understand the principles of interest. Interest is what causes you to pay $40 for that $20 meal, $30,000 for that $20,000 car, or $500,000 for that $300,000 house. The rich use this […]

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Economy

March Market Madness

With the NCAA tournament behind us, we thought we might take the opportunity to recap what was an eventful and quite historic month in the financial markets and what that means for us as investors. On the 20th of March, the federal reserve decided to keep interest rates at 2.25-2.50% but went on to announced […]

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Credit Cards

Credit Card Balance Transfers

Credit cards are made for responsible and disciplined people. Credit cards are made for irresponsible and undisciplined people. What do I mean by this? If you are self disciplined when it comes to money you will be able to manage your cards, improve your credit score, and receive other card benefits. However, credit card companies […]

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Debt

3 Reasons For Recent Market Volatility

In our last article, we gave recommendations of actions to take, in preparation for potential turbulence in financial markets; something we see as inevitable. As promised, for this article, we discuss four contributing factors that can bring about this quake of financial instability in the US and the global economy: Low Unemployment Rates, Tightening Monetary […]

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Financial News

4 Smart Moves That Can Protect You During Market Downturns

Remember that simple yet timeless law in physics, “what goes up… must come down?” Similarly, the US stock market entered Q4 (the fourth quarter) of the year near record highs but is on track to lose all of its 2018 gains. Whether it is the Federal Reserve raising interest rates, the trade wars going on between […]

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Black Business

Building A LAsting Legacy: Lebron James Opens Public School in Akron, Ohio

Some call him “King James”. Others refer to him as “The King”. We’ll simply stick to the roots and call him Lebron James.  Mr. James has been in the news cycle this summer. No we’re not talking about his move from Cleveland to Los Angeles, but something else that took center stage in national headlines. […]

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Black Business

5th Grader Raises $50K For Invention That Prevents Child Hot Car Deaths

Meet Bishop Curry, a 10 year old from Texas. He’s also the creator of a device that is designed to detect and alert guardians of potentially deadly temperatures in cars. The device attaches to children’s car seats. If it senses that a child has been left behind in the seat, it will send an alert, […]

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Cryptos

An Introduction to AKoin

Cryptocurrencies became a “breaking news” worthy topic in 2017. We saw a rare leap of growth in this new emerging space of financial technology that hasn’t been seen since the “Dot com” bubble in 2000; where share prices of internet focused companies increased astronomically and similarly dropping in dramatic fashion. Subsequently, there are almost 2,000 […]

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Debt

Is There Such A Thing As “Good Debt”?

It is one of several trending headlines in the business world as of late. It is a hot button topic for many people and unfortunately, it is festering into a problem we’ve never seen before. We are talking about the topic of debt. Debt drives financial markets. It creates and generates cycles of growth and […]

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Financial News

Moving Markets, Roiling Rates: What Happened to the Markets in February?

February wasn’t all lovely and rosy to begin with. The mayhem began on February 2nd. The US Labor Department released pretty impressive data on the increase of hourly wages in the previous month. Higher wages for workers = higher prices on good, which in turn = a rise in inflation. Global markets tumbled that day, […]

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