by Terry and Deborah Owens Love and Money was the title of our workshop on the Black and Married With Kids Cruise and imagine our surprise to arrive home and find a new Couples Retirement Study from Fidelity Investments. It drives home the same message we delivered to the more than 70 couples that sat in the audience eager for knowledge: “Go Back To Basics With The Three … [Read more...]
Wealthy Wednesdays: Broke and Retired is Not a Good Look
According to a study by Deloitte Center for Financial Services, "Only 58 percent of us are even saving for retirement. Of that group, 60 percent have less than $25,000 put away." That statistic left me speechless! Here's what I know to be true, broke and retired is not a good look. It's time to practice retirement savings rescue one month at a time. Here is what you can do … [Read more...]
Don’t Wait Until New Years To Figure Out That Wealthy Women Think Differently!
Now that Thanksgiving has passed and Christmas is right around the corner I know what a lot of you are thinking. You're thinking that next year is the year that I'm going to get my financial house in order. If this is you, raise your hand. What you should realize is that now is the best time to make sure you start 2012 off the right way. Waiting until January 1st just might be … [Read more...]
Hope Is Not a Strategy: What African Americans Must Do To Close The Wealth Gap
by Deborah Owens Every year the Pew Research Center comes out with a study giving us a snapshot of how wide the wealth gap is between minorities and white Americans. The fact is that the wealth is so concentrated in the top one percent that we need to focus less on race and more on socioeconomics. There are a larger number of white people living in poverty then … [Read more...]