All Articles Tagged "money"

Goodbye, Sallie Mae: How To Pay Off Your Student Loan Debt Faster

April 14th, 2015 - By Meg Butler
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Image Shutterstock

Student loans are a pain, but they don’t have to be for long. These tricks to paying off your student loans faster will put you at the top of the debt-repayment class.

Harriet Tubman Makes List Of Final Four Women Proposed To Appear On $20

April 8th, 2015 - By Ann Brown
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tubmanLast month, a group called WomenOn20s proposed that the face on the $20 bill be changed to a woman. Founder Barbara Ortiz Howard allowed people to send in suggestions, and they received 256,659 in all. And the field of women to replace Andrew Jackson on the $20 has been narrowed down to four.

“From 15 contenders in a “robust” five-week “primary round” that ended Sunday, voters selected Eleanor Roosevelt, Harriet Tubman, Rosa Parks and Wilma Mankiller, the first female chief of the Cherokee Nation, WomenOn20s said. The competition began with 100 candidates, reports USA Today.

While the final ballot is still open, more than half of the Internet voters chose Roosevelt, Tubman and Parks as one of their top three, the group said. The organization added Mankiller to the final ballot “because of strong sentiment” that a Native American should be a candidate to replace Jackson, who was not only a slave owner but enacted Indian Removal Act of 1830, which relocated several tribes and led to the Trail of Tears during which 4,000 Cherokee people died. Mankiller died in 2010. She was the first female chief of the Cherokee people.

WomenOn20s plans to petition the White House to make the change by 2020, the 100th anniversary of the ratification of the 19th Amendment, which gave American women the right to vote. If the petition is successful, it would the first time a woman has been on U.S. paper currency.

What woman would you vote to put on the $20 bill?

Million Dollar Trust Funds: Movie Stars Who Don’t Need The Money

April 7th, 2015 - By Meg Butler
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Image Source: Twitter

Deion Sanders’ son isn’t the only one with a million dollar trust fund. These movie stars started their careers as super rich kids, so they really didn’t need the money.

Started From The Bottom Now We’re Here: The First Thing Celebrities Bought When They Made It Big

March 24th, 2015 - By Meg Butler
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Image Source: Shutterstock

From a house for mom to building up their credit, check out the first thing these celebrities bought and did when they made it big. What would you do?

Serious Question: Why Do Swimsuits Cost So DAMN Much??

March 17th, 2015 - By Brande Victorian
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Swimsuits Cost

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The headline for this article is literally the question I asked one of the editors of our sister site, StyleBlazer.com, yesterday morning. When she had no answer for me and replied “It’s been this way since the beginning of time” when I suggested she investigate how a few yards of Lycra translates into a $100-plus price tag and write an article on it, I thought, hmmm maybe our financially savvy readers will have an explanation.

See, I’m new to this whole bathing suit thing. Well, the cute bathing suit thing. Up until my recent trip to Jamaica, it had been about seven years since I’d been on anybody’s beach or swam in somebody’s pool, and at my former size, a bathing suit was basically like a uniform for me. I wanted to go in the water, bathing suits are what you wear in the water, I bought a cheap one since I was going to cover it up with a t-shirt/tank top/ cover up of some sort anyway. Now that I’ve dropped some pounds and am anxiously awaiting a week-long birthday excursion to the Dominican Republic, I’m trying to dip my foot into the lake of swimsuit couture. Unfortunately, every time I come across something I like online, Sallie Mae and Bank of America tap me on the shoulder and whisper in my ear, This ain’t what you really want.

And it’s true. I want to look cute on the beach. What I do not want is to spend close to $100 trying to do so. Unfortunately, it appears I don’t have a choice. I conducted a rather non-scientific survey of the office asking everyone how much they spend on bathing suits and everyone pretty much agreed it’s nothing to pay $50 for beach separates — unless of course you’re like my petite coworker who can sneak pieces out of the children’s section. Y’all have seen me before. I can’t even get by with a swimsuit that doesn’t have an underwire in it.

But neither is dropping hundreds of dollars on something that’s going to be soaked in chlorine and salt water and lose the richness of its color out in the Dominican sun for merely a few hours out of the day. Which reminds me, something good has come out of this whole “Swimsuits are too damn high” rant I’m on: I owe some women out there an apology. I always assumed when I saw women walking around in grocery stores and restaurants in their bathing suits with nothing more than maybe (and that’s a big maybe) some low-riding booty shorts on on top, they were thirsty, attention-starved creatures just trying to show off their bodies. Now I realize these women have spent their hard-earned money on those string bikinis and see-through one-pieces and they will be damned if the only place they show off those expensive garments is in the water which they were created for! I feel you now sisters, I really do.

While I’m pretty sure I won’t be following in the footsteps of said ladies, after taking advantage of ASOS’ St. Patty’s Day sale and dropping a pretty penny on two bathing suits I can say without a shadow of a doubt that I spent too much money to cover up anything with a cover up in a few weeks. Consider that your warning fellow beach goers. Ima let it all hang out. And despite becoming a part of the expensive swimsuit machine I intended to rally against, I will not rest until I at least get an explanation as to why bathing suits cost so damn much (beyond the fact that they’re stretchy). Or some suggestions for sites that sell cheap ones. Who got the answers?

Move Over, Andrew Jackson! Group Wants To Put A Woman On The $20 Bill

March 9th, 2015 - By Ann Brown
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Even though the female population in the U.S. is just over 50 percent, there has never been a woman on the country’s paper currency. There was the Susan B. Anthony dollar coin minted originally back in 1979 honoring the pioneering suffragist and the dollar coin with Native American guide Sacagawea in 2002, but no woman has ever graced paper money. That could change if Women on 20s, an organization created by Barbara Ortiz Howard that wants to replace Andrew Jackson on the $20 bill by 2020, gets it’s way.

The year 2020 is the centennial anniversary of women’s right to vote in the U.S. Among the possible women to be placed on the $20 bill are Underground Railroad leader Harriet Tubman, women’s rights activist Betty Friedan, civil rights hero Rosa Parks, and politically progressive first lady Eleanor Roosevelt.  “This is a fairly simple change – it doesn’t require an act of Congress,” said Ortiz Howard, a mother of two who runs a construction company in Yonkers, New York. And she’s right. President Obama and the Secretary of the Treasury, Jack Lew, have the power to make this decision, reports New York Daily News. Ortiz Howard’s goal is for her movement to gather enough momentum to get their attention. “We’re hoping that they will hear America clamor for a change on the $20 bill,“ she said.

According to the Women on 20s founder, the time is now for a woman to be on paper money.  “I thought that was kind of an odd omission, considering that we are 50 percent of the population or more, and that we are vital to the economy and everything else in life. We have an opportunity for a rich history lesson every day as we use our money.”  And she feels Jackson in particular should be replaced, given his history as president. It was Jackson whose Indian Removal Act of 1830 caused the Cherokee nation’s Trail of Tears. Then there is the business about him owning slaves.

Though choosing the man to replace on paper money may have been a no-brainer, Howard says the choice of which woman to put on the $20 will be difficult. She initially had  a list of more than 100 candidates, and her  group worked with women historians and academics to narrow the number to 15. Now, Women on 20s want people to vote for their top three candidates here.  “I love them all,“ Howard said 0f Harriet Tubman, Rosa Parks, and Eleanor Roosevelt. “You can’t help but love these women and what they persevered to do for us on our behalf, as a people and a nation.”

Do you think Women on 20s will get their wish?

Still Surfing For Free? Super-Simple Ways Your Social Media Addiction Can Earn You Money

January 28th, 2015 - By Meg Butler
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Image Source: Shutterstock

Are you still surfing the web for free? Read on to find ways to make money online while you’re getting your internet fix.

How To Be A Millionaire: Empire-Building Tips From Thrifty Celebrities

December 30th, 2014 - By Meg Butler
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Image Source: Shutterstock

Got big financial plans for next year? Make 2015 your first step on the road to wealth with these money-saving tips from thrifty celebrities.

Don’t Waste Money In 2015: Products You Should Always Buy Generic

December 29th, 2014 - By Meg Butler
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Did you know that some generic products are actually better than brand name? Shop smart in 2015 and check out our list of products you should always buy generic.

Serious Question: Is It Unreasonable To Want A Man Who Makes The Same Money As You?

November 3rd, 2014 - By Brande Victorian
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Want A Man Who Makes The Same Money

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About a month ago, my closest male friend Dionne Warwicked me and told me rather bluntly that I’m going to be single for the rest of my life. This guy is no fortune teller but one simple item on my list of things desired in a man led him to predict a lifetime of solidarity: I’d like the man that I marry to have the same income as I do. How dare I right?

Now to be completely transparent, in the past I’ve been “involved” with characters who not only didn’t have a pot to piss in, they had to borrow one and likely a few dollars for transportation to return it. And while I have a great income for a single woman in New York City, Sallie Mae owns my behind until 2038 or something like that and I have two more years before a few small debts are completely wiped out. At that point, I won’t be balling out of control, but I will be at a place where savings and discretionary income aren’t an issue and (gasp!) I’d actually like the person I spend the rest of my life with to be in the same boat, rather than on a raft drifting out to sea trying to play catch up.

I really didn’t realize I was apparently asking for the moon and the stars to come together in perfect alignment when I shared a wish that, to me, was rather simple and reasonable — and honestly negotiable at the time. But the more I was forced to defend my soft requirement, first to the friend mentioned above and then to other friends (male and female) whose opinions I sought after our disagreement, I became that much more adamant about sticking to what I want. Firstly, I became rather annoyed with the undertone in my discussions that men are the only ones allowed to have an unwavering checklist of requirements. No one tells men who don’t want to date women with kids to be more open-minded or men who won’t date women on the thicker side to be less superficial. Why all of a sudden is it when I say, “hey, just a thought here, but I’d like someone to come to the table with the same thing I am financially” are my standards suddenly too high?

Perhaps the perception here is that I want someone to take care of me, which would miss the whole part where I said the same income not higher, but because people tend to read their own insecurities into things, allow me to explain. I’m not looking for a one-sided upgrade, I’m working toward financial freedom that would allow me to travel, have a decent savings, and provide for children should I have them and I need a partner who can share the load, not become one of the expenses. I was raised by a single mother, and though I always had everything I needed when I grew up, I certainly missed out on experiences that would have been beneficial to my adolescent development and was left a bit financially handicapped as a young woman, particularly when I graduated from school and Sallie and her goons came knocking. The bottom line is at 29 I’m not trying to go backward and I refuse to believe it’s outrageous to require something of someone else that I require of myself, regardless of the stats people have thrown my way about the median income in America and the statistical probability of someone I meet rising above that.

Of course when any woman raises this issue, the topic also gets convoluted with questions like “well what about the way he treats you?” Oh, I’m sorry is it impossible to meet someone making decent pay who also respects women and treats them well? Didn’t realize I was out here searching for a unicorn. Money and manners are two separate topics. If I can be a decent human being and bring home a decent pay, surely someone with different reproductive organs can do the same. There’s nothing mutually exclusive about either requirement. And yet this morning I came across an article by Terrell Jermaine Starr on The Root in which the single 34-year-old proclaims he hasn’t had a girlfriend since he was a freshman in college in 1998 and has gone as long as five years without sex, all of which he attributes to his income which he admits is on the lower end of the spectrum. Reading his essay immediately dredged up images of Michael Ealy’s character Dominic in “Think Like a Man” being taunted by the wretched Lauren Harris (Taraji P. Henson). Even though I’m a woman who could be considered to be of the latter mentioned’s ilk, I find it hard to believe Starr’s six-figure-earning female counterparts wouldn’t give the debt-free international traveler a chance. While Starr says he only wrote this piece as a definitive answer as to why he has trouble dating, what’s missing from his essay are his own list of requirements for a woman which I hypothesize might also have something to do with his relationship status.

Without knowing Starr personally, I don’t believe his income is the million-dollar answer to his single problem anymore than it is mine. An individual’s financial health is one of those things you typically don’t learn until you’re deeper into a relationship — unless a man is treating you to Mickey Ds on a regular and always disclosing his money woes. That said, I don’t rule out anyone in the dating pool strictly based on their finances. However, as the relationship progresses, I do think it’s important to discuss income and earning potential to see if you’re on the same page as far as financial goals and lifestyle preferences are concerned. Like anything else, there’s going to be compromise and for women like me, we may one day have to decide whether a certain quality of life is more important than a certain person in our life. If we decide the former is the case I don’t think that’s unreasonable. What do you say?