Money - Port Of Harlem Magazine

Money

Oct 05 – Oct 18, 2023

Black Wealth Tour Begins In Houston

Over the next two years, the tour will include more than 60 cities as NAREB organizes classes, workshops, and one–on–one counseling to advise families on homebuying, investing, and careers in real estate. There is also a course on heir's property, educating people on how to properly pass along real estate and protect themselves from gentrification. The Houston stop is Saturday, October 7.

Sep 07 – Sep 20, 2023

How Does the SAVE Plan Work

Any former student with federal loans, regardless of income, may enroll in the SAVE plan, even if they've previously consolidated their federal loans. If someone has only private loans, they can't enroll in the SAVE plan. If you were already enrolled in the REPAYE plan, you would be automatically enrolled in the SAVE plan by October. Keep this in mind and consult with a tax professional before enrolling in the SAVE program – or any student loan repayment plan that offers forgiveness.

Aug 24 – Sep 06, 2023

Help Your Child Buy a Home

But it's important to consider your own financial plans, the risk of incurring unnecessary taxes, and if you have multiple children, fairness and family dynamics. Below, Tamara Costa outlines potential benefits and considerations of 4 common approaches.

Jun 29 – Jul 12, 2023

The Barber of Little Rock Explores Wealth Gap

A 35-minute film featuring Arlo Washington, whom we have featured in Port of Harlem, is part of the Indy Shorts Film Festival. The film, "The Barber of Little Rock" explores the racial wealth gap in America through the story of People Trust, a homegrown community bank in Little Rock, Arkansas.

May 18 – May 31, 2023

Nearly Half of Baby Boomers Have No Retirement Savings

The average monthly Social Security check to a retired worker is around $1,800. However, the average household run by an American older than 65 spends more than $4,000 a month. Additionally, 54% of African–Americans don't have enough savings to retire. However, there is good news.