1. Not buying refurbished electronics. Free yourself of the notion that refurbished electronics are rejects or failures. Any returned item gets labeled as refurbished. So, look into a good deal on perhaps a new-to-you iPhone or laptop. 2. Buying gift cards in store. You don’t know what to get your friend, but you know […]

This week’s MKFP is inspired by the Black Hedge Fund Group. Nearly half of all Americans say they cannot afford an unexpected $400 expense and nearly half of all Americans say $400 is too much if they had to come up with that amount in an unexpected emergency. 47% of […]

Consider an all-cash diet. If you’re consistently overspending, this may break you out of that rut. This simple approach will allow you to see fully how much money you’re passing out. Try it for a couple of pay periods and you may be surprised and inspired to slow down. Take […]

Set your children off on the right financial path by teaching them these three important ideas. Start young — it’s important to broach the subject of money with kids at a young age. There’s no way to expect a child at any age to understand money unless you talk about […]

• Diversify. Invest in stocks from a variety of industries so that when one industry is having trouble, another one will be healthy. • Watch valuations. If you overpay, even the best stock is no winner. • Tune out the noise. Avoid checking prices and news on your stock every […]

What is the Coptic diet? Do you know? As we elevate spiritually certain things, activities, tastes and cravings do fall away. However, in all things we say, moderation. As Copts we know that all sickness is not unto death however, many of us are an illness away from financial death […]

Saving money is in. Spending it like you’re not financially literate is out. If you get a tax refund this year and have outstanding debt, any kind of debt, the best use of that money is to pay the debt down or off. Here are some additional ways to use […]

It’s a New Year and the best time to get your house in order by setting some basic family financial plans in motion. If we focus on one task at a time, your family’s financial footing can be established by February. Let’s start with life insurance. Ask yourself 3 questions: […]

The author James Baldwin said it’s very expensive to be poor. We often pay more for everyday goods and services depending on where we live. In this age of predatory short term pay day loans and high interest credit cards we must be mindful of our credit. A few late […]

It’s tax time again. Here’s a reminder on a way to hold onto your lump sum and put it to work for you. Consider rolling your tax refund or a portion of into a CD (certificate of deposit). You can then use your CD as collateral to borrow money short […]