George Floyd’s death spurred support for Black-owned business. Was it all talk?

George Floyd’s death spurred support for Black-owned business. Was it all talk?

At Love Cork Screw, a Chicago-based wine company that has sold more than 1 million bottles since 2013, founder Chrishon Lampley says she and her staff always had the talent and capacity to deliver. They just needed more opportunities and more avenues to break into broader markets. It took the shockwaves from George Floyd’s murder … Read more

‘This is a daunting time to retire’: In the age of inflation, there are steps you can take to deal with higher prices

‘This is a daunting time to retire’: In the age of inflation, there are steps you can take to deal with higher prices

For the last two decades, retiree Brad Hansen hasn’t worried too much about inflation and the loss of purchasing power. That’s because inflation averaged only 2.54% from 2000 to 2009 and just 1.75% from 2010 to 2019, far below the historical average of 3.10%, according to InflationData.com. Now with inflation rising to levels not seen … Read more

Why paying off debt is the best use of your tax refund

Why paying off debt is the best use of your tax refund

This article is reproduced with permission from NerdWallet. So you expect a tax refund this year. With inflation driving up the price of gas, food, and just about everything else, that extra money can’t come soon enough. The hardest part is deciding how to spend it. Should you invest the money? Book a trip? If … Read more

My ex-husband encouraged me to drop out of college after a year, and now I’m struggling to repay my student loans. Is there anything I can do?

My ex-husband encouraged me to drop out of college after a year, and now I’m struggling to repay my student loans.  Is there anything I can do?

Question: I took out a student loan in 2006, but my ex-husband was very controlling, pushing me to give up after a year. I tried to work with the repairer to reduce the debt, but had no luck. Is there anything I can do? To respond: Dr. Kirsten Thompson, board-certified psychiatrist and founder of Remedy … Read more

Why paying off debt is the best use of your tax refund

Why paying off debt is the best use of your tax refund

This article is reproduced with permission from NerdWallet. So you expect a tax refund this year. With inflation driving up the price of gas, food, and just about everything else, that extra money can’t come soon enough. The hardest part is deciding how to spend it. Should you invest the money? Book a trip? If … Read more

Personal loan rates have come down. What to consider if you want a personal loan

Personal loan rates have come down.  What to consider if you want a personal loan

Is the personal loan for you? Getty Images/iStockphoto Personal loan rates have fallen slightly: for those with excellent credit, average interest rates on 60-month personal loans have dropped to 14.36% and 12.95% for 36 months. But if your credit score isn’t among the cream of the crop, expect to pay more. For 36-month personal loans, … Read more

Personal loan rates have come down. What to consider if you want a personal loan

Personal loan rates have come down.  What to consider if you want a personal loan

Is the personal loan for you? Getty Images/iStockphoto Personal loan rates have fallen slightly: for those with excellent credit, average interest rates on 60-month personal loans have dropped to 14.36% and 12.95% for 36 months. But if your credit score isn’t among the cream of the crop, expect to pay more. For 36-month personal loans, … Read more

I’m 62 with $100,000 in student loans and $13,000 in credit card debt. What can I do?

I’m 62 with 0,000 in student loans and ,000 in credit card debt.  What can I do?

How to get out of student loan debt Getty Images/iStockphoto Question: I work as a nurse for a small for-profit agency. I am an employee and I do not have the possibility of working overtime. I only have every other weekend where I could work overtime. I have serious medical issues with huge medical bills … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This article is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more

Small businesses will feel the pressure of rising interest rates – here’s what to expect

Small businesses will feel the pressure of rising interest rates – here’s what to expect

This article is reproduced with permission from NerdWallet. The Federal Reserve raised interest rates by 0.25% on Wednesday March 16 – the first rate increase since 2018 – and indicated that it would gradually raise rates throughout 2022. Small business owners could feel the impact of these rate increases with more expensive loans, higher credit … Read more