Cryptocurrency: Black Consumers More Likely to Own, Investment with High Risks
Cryptocurrency has become increasingly popular, with Black and Latino consumers more likely to own it than white consumers, but experts warn that it is a risky investment due to its volatility and lack of regulation.
Championing Homeownership: A Q&A with Ewunike N. Brady, VP, Customer Growth Segments, Wells Fargo Home Lending
Ewunike N. Brady is a leader in the mortgage industry who is passionate about expanding access to homeownership for multicultural communities, and she shares her insights and values on how to make an impact in this space.
How Housing Counselors Help People Buy Homes
Housing counselors can provide free or low-cost advice to people who are buying a home, trying to avoid foreclosure, or just need advice about housing, and can help them understand their credit, improve their score, and make better choices.
Greetings From Wells Fargo Home Lending
Wells Fargo has launched the Homebuyer Access grant, providing $10,000 in down payment assistance to eligible homebuyers in selected areas, helping over 700 homebuyers achieve their homeownership goals since its inception in July 2023.
Saving Despite Tough Times: Prioritize Personal Finances, Set Goals for 2026
As the final quarter of the year begins, it is important to focus on financial literacy and setting financial goals, as the nation faces challenging socio-economic times, and Black communities are feeling the sting in a major way.
Budgeting While Broke: Ways to Stay Afloat Despite Tough Times
Treasurer Dereck E. Davis emphasizes the importance of financial literacy education to build a secure financial future for Marylanders, and provides tips on how to save money and avoid high-risk investments.
Maximizing Investments: Tips to Get Ahead
Investing in the stock market and setting up retirement savings plans can help individuals build wealth over time, while setting up investment plans for dependents and developing discipline and consistency can further maximize investments.
A Message from EarnIn: Why We’re Putting Workers in Control of Their Pay
EarnIn is a suite of tools that helps workers access their wages in a safe, flexible, and timely manner, providing an alternative to payday loans and overdrafts and helping households manage their finances more effectively.
Budgeting and the Single Parent
Single parents can achieve financial freedom by following sound financial principles, such as creating a budget, prioritizing needs over wants, pursuing their own dreams, and teaching their children about financial education.
Credit Counseling: The Foundation for Financial Literacy and Wealth in Our Communities
Nonprofit credit counseling can provide individuals with the education, support, and discipline needed to build wealth and achieve financial stability.
The Power of Saving and Investing: Building Real Wealth in Our Communities
Saving and investing are essential tools for Black Americans to close the wealth gap and achieve financial freedom and generational wealth, providing flexibility, security, and opportunities for home ownership, education, and retirement.
Backed by Research: Evaluation Shows Financial Education Delivers
SFEPD’s tailored financial education programs have been shown to promote economic mobility for adult participants of all backgrounds, with participants significantly outperforming their peers on financial knowledge, confidence, and well-being.
You Can’t Take It With You: Who Will Get My Stuff?
Estate planning is an important tool for ensuring that assets are passed down to the next generation, and an estate planning attorney can help guide the process of creating a will or trust to ensure wishes are carried out.
Is Financial Education a Waste of Time? The Resounding Answer is No
Financial education has been shown to improve knowledge, confidence, behavior, and well-being, and can be a powerful tool for empowering individuals and communities to take control of their finances.
October is National Financial Planning Month
Financial planning is essential for anyone looking to take control of their financial future, and can be achieved by documenting assets and liabilities, creating a budget, investing early, taking advantage of employer-sponsored plans, and regularly reviewing and adjusting the plan.
How to Get a Mortgage When You’re Self-Employed
Self-employed individuals can obtain a mortgage, but the process requires providing documentation verifying employment and financial stability, and lenders will analyze both the individual’s and business’ financial situation to determine loan eligibility.
Harris Campaign’s Key Economic Policies Highlighted Ahead of Presidential Election
Vice President Kamala Harris has proposed a plan to build up America’s middle class through tax benefits, an expanded Child Tax Credit, and a ban on price gouging, while Republican Senator JD Vance has suggested increasing the Child Tax Credit to $5,000 per child.
Game Plan and Wells Fargo Expand Sponsorship to Enrich Financial Education Curriculum
Game Plan, a mobile-first learning management system built by student-athletes, has expanded its sponsorship with Wells Fargo to offer free financial education to all 1,200 collegiate athletic departments, including 107 HBCUs, courtesy of Wells Fargo.
