MyTenSense: This is the stupidest financial advice ever!
It’s hard to find a financial advisor you can trust because they get a nice commission when you roll your 401k and investments over to them and many of them seem to be unfazed when you try to reach them to inquire on why your investments are losing value. So how can you tell if [...]
My Ten Sense: Shame on Montel Williams for endorcing “bad credit loans”
Montel Williams received noteriety for his late 1980s tour, Mountain Get Out of My Way, that motivated teenagers to overcome obstacles, and he was rewarded with his own talk show, The Montel Williams Show, that ran from 1991 to 2008. But now Montel is contributing to the demise of so many Americans by endorsing “bad [...]
My Ten Sense: 10 easy steps to teach a young child about money
My 8-year-old got a hard lesson in economics today to understand what many adults encounter on a regular basis. He spent more than the paycheck he earned for the week. He made $5 from household chores, but he spent $7.48 to buy a mini Lego set from Toys R Us today. As we were leaving [...]
Three Black College Students Create “Instagram For Fashion”
One weekend, Darian Demetri, Kris Jordan, and Eric Chisolm were hanging out, like most college students do, when they realized that they were all entrepreneurs but had nothing to preneur. They quickly began brainstorming about what was missing from society that they could create and profit from. That night, the idea for Faddest.com was born. [...]
My Ten Sense: Back to school money lessons for high school and college students
I’m always willing to use my mistakes to help others. So I freely admit I’ve had a car repossessed. I almost went to jail three times for writing bad checks, and I climbed out of poor credit to build my first house. I wish I knew as a teenager or college student what I know [...]