Financial Literacy Archives - The Washington Informer https://www.washingtoninformer.com/category/supplements/financial-literacy-supplements/ Black News, Commentary and Culture | The Washington Informer Thu, 12 Oct 2023 01:24:54 +0000 en-US hourly 1 https://www.washingtoninformer.com/wp-content/uploads/2022/01/cropped-Site-Icon-32x32.png Financial Literacy Archives - The Washington Informer https://www.washingtoninformer.com/category/supplements/financial-literacy-supplements/ 32 32 121622320 Homeowner Alert! Protect Your Investment and Legacy Today https://www.washingtoninformer.com/homeownership-tips-contractors-reverse-mortgage-2/ https://www.washingtoninformer.com/homeownership-tips-contractors-reverse-mortgage-2/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192936 Marcia Griffin

HomeFree-USA offers tips on how to avoid getting ripped off by a contractor, get help paying your mortgage, and avoid scams when considering a reverse mortgage.

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Working Together to Make the Vision of Homeownership a Reality  https://www.washingtoninformer.com/black-homeownership-wells-fargo/ https://www.washingtoninformer.com/black-homeownership-wells-fargo/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192823

Wells Fargo is committed to creating greater opportunities for a more equitable housing system, with a focus on advancing Black homeownership, and is creating products and programs to create legacies and build wealth that will span generations.

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How the 100 Black Men of America Empowers Youths by Investing in Their Future https://www.washingtoninformer.com/wells-fargo-junior-investment-program/ https://www.washingtoninformer.com/wells-fargo-junior-investment-program/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192828 Wells Fargo Junior Investment program group photo

The Wells Fargo Junior Investment program teaches young people how to invest with the help of mentors from the 100 Black Men of America and fosters mentor relationships between generations, helping them learn to create long-term wealth and preparing them to be future leaders.

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Paying Down Debt Doesn’t Have to Overwhelm You https://www.washingtoninformer.com/debt-management-wells-fargo/ https://www.washingtoninformer.com/debt-management-wells-fargo/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192833 crop faceless person with cash and calculator app on smartphone

Wells Fargo Bank is committed to helping customers manage their credit and debt effectively, offering personalized approaches and tools to help them achieve financial stability.

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Exploring How Special Purchase Credit Programs Help Advance Homeownership https://www.washingtoninformer.com/wells-fargo-racial-equity-homeownership/ https://www.washingtoninformer.com/wells-fargo-racial-equity-homeownership/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192838

Wells Fargo is leading the industry in increasing racial equity in homeownership through its Special Purpose Credit Program, which offers downpayment assistance to homebuyers in eight Metropolitan Statistical Areas.

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Why You Should Consider Estate Planning https://www.washingtoninformer.com/estate-planning-wells-fargo/ https://www.washingtoninformer.com/estate-planning-wells-fargo/#comments Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192842

Estate planning is an important step to ensure that your assets go to the correct individuals and that your wishes are respected, and it can be done with a will, durable power of attorney, healthcare power of attorney, living will, and revocable living trust.

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The A-B-Cs of HELOCs https://www.washingtoninformer.com/home-equity-heloc-abcs/ https://www.washingtoninformer.com/home-equity-heloc-abcs/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192847

Home Equity Lines of Credit (HELOCs) can play an important role in tapping into equity in one's home, and are generally adjustable with an index such as the Wall Street Journal Prime Rate, but require credit and property approval.

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Why Teaching Financial Literacy to Seminarians Makes Sense https://www.washingtoninformer.com/financial-literacy-african-americans/ https://www.washingtoninformer.com/financial-literacy-african-americans/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192851 Theodore R. Daniels

Financial literacy classes and seminars for divinity students, pastors and ministers can be a powerful tool to reach African American communities and others, and can be a key component in the financial sustainability of churches.

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NAREB’s Building Black Wealth Tour will Encourage Black families and Individuals to Make Financial Decisions that Gain Wealth https://www.washingtoninformer.com/black-wealth-tour-nareb-2/ https://www.washingtoninformer.com/black-wealth-tour-nareb-2/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192856

The National Association of Real Estate Brokers (NAREB) launched a Building Black Wealth Tour to empower Black families and individuals with information on homebuying, investing, and careers in real estate, and to help them overcome the biased public policies and private practices that created the wealth gap in America.

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Making Dollars and Sense of Credit https://www.washingtoninformer.com/credit-health-maintaining-credit/ https://www.washingtoninformer.com/credit-health-maintaining-credit/#respond Wed, 11 Oct 2023 18:00:00 +0000 https://www.washingtoninformer.com/?p=1192862

Understanding the importance of credit, and taking steps to maintain good credit, can help you make better choices about your personal finances and create more opportunities for making the most of your money.

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