Insecure Hits a Home Run Tackling the Reality of Living With Bad Credit

Insecure
By Mwabi Kaira

I saw something watching Insecure the other night that we rarely get to see on the screen; the bad credit struggle. A whole scene was dedicated to it and Issa’s dreaded score was right there on display. Our favorite awkward girl’s score is 425. She’s gone to see her friend Kelli for some help getting her financial situation in order. Of the four friends in the Insecure circle, Issa seems to be having it the worst. Molly is a very successful lawyer climbing the ranks at her firm and ready to take her talents to firms with more money. She has a wardrobe to-die-for and an amazing apartment. She’s the goals we dreamed of watching Maxine Shaw and Joan Clayton do their thing. Kelli is a very successful accountant and Tiffany is the bougie wife with the bougie job that throws fabulous dinner parties and enjoys her best bougie life. Bottom line, all three friends can afford international trips, retail therapy not limited to Ross and TJ Maxx, and dinners at upscale restaurants without saving for them. Issa would need a payment plan.

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Is the Man You're Dating Financially Responsible to Your Kids?

Ciara, Russell Wilson and Ciara's Son
By Brenda Alexander

Coming into a relationship with children can add layers of difficulties. A mother and child are a packaged deal, so when you date her, you essentially date her kid(s) also. The reality is, there are risks associated with dating a woman with children. And, if you decide to go steady, those risks turn into obligations. There is an expectation that once a man becomes seriously involved that he should take an active role in her children’s lives both emotionally and even financially. But how much should a man contribute financially to his girlfriend’s children? That’s the question and debate that was sparked after this social media post.

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Be the Boss of Your Finances With These Easy Breezy Apps


By Kira Sparkles

Are your finances not exactly where they should be? That’s okay! You’re in good company. Only 30% of Americans have any kind of savings or investment plan and roughly the same number have an actual budget for their household which means a lot of us have some work to do. Am I where I want to be financially? Absolutely not. However, I’ve managed to sock away some money in a savings account and even raise my credit score (woop woop!). I’m realizing the path to fixing my finances is a journey just like anything else. People talk about hair journeys and fitness journeys, so let’s take a finance journey. I promise it doesn’t have to be daunting. In fact, the first step is easy: awareness.

In the digital age, a lot of us don’t carry cash, but we do carry cell phones that have amazing apps to help keep us focused on our goals. I wanted to share some of my personal favorites that I hope can help you too.

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This Financial Behaviorist is Helping Women Make Better Choices Around Money

Photo: Frederick V. Nielsen, II 
By Sharon Pendana 

Financial behaviorist, coach and author, Jacquette M. Timmons has two great obsessions: shoes, and getting people to see that "you don't manage money - you manage your choices around money." Though she left home at sixteen to study shoe design in New York City, an encounter with an Estee Lauder exec opened an entirely different path— to finance. She was hired as her assistant, then moved with her to Wall Street. At Bankers Trust (now Deutsche Bank) Jacquette worked her way up and moved over to the private bank, while working on her MBA in finance. In 1995, she started her own company, Sterling Investment Management, to focus on two specific arms: consumer-facing, with one-on-one coaching for singles, couples, and entrepreneurs, and institutional-facing, with workshops, panels, and speaking engagements. The common thread always people’s choices and relationship with money.

Should You Tell Your Kids You're Broke?


By Erickka Sy Savané
“Can we go see ‘The Lion King’?!” asked my five-year-old daughter, while getting dressed for school. It’s a question that comes up every morning when they start showing these Broadway theater advertisements. Yesterday it was ‘Cinderella.’ Usually I tell her that we’ll be going soon, but today I just wanna be honest. “We don’t have the money.”

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