James Veal
Who Wants To Wait 40 Years To Finally Live Life?
I'll never forget talking with an older executive at one of the financial firms I used to work at. He was looking back on his life — a...
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OUR LATEST POSTS
James Veal
- 2 min
Don’t Pay Off Your Mortgage Before You Retire! What?
One piece of advice I share with people approaching retirement is to pay off as much debt as possible. This makes perfect sense when it...
James Veal
- 2 min
It’s Your Fault If You Retire Broke
If you invest $150/month at age 25 in a growth mutual fund (10.5% annual return) until age 65, you’ll be a millionaire and have earned...
James Veal
- 3 min
How to Increase Your Credit Scores Fast
If your credit score is lower than you’d like, there may be fast ways to bring it up. Depending on what’s holding it down, you may be...
James Veal
- 5 min
Black Buying Power: the Good, the Bad, and the Ugly
For the past few decades, notable research institutions such as Prudential Financial research, Target Market News, Ariel Investments, The...
James Veal
- 2 min
Do You Know Compound Interest Can Make You Rich
I have a simple question for you today. Would you choose to have a million dollars now or instead take a nice (shiny) penny and double...
James Veal
- 2 min
Are Credit Unions Actually Better Than Banks
No matter the market situation, you always want to have some cash reserves. We need to have checking and savings accounts for our...
James Veal
- 2 min
2 Reasons Why 70% of Millennials Live Paycheck to Paycheck
A new survey according to LendingClub and PYMNTS found that approximately 54% of Americans live paycheck to paycheck. 40% of baby boomers...
James Veal
- 3 min
Top Three Things You Should Do With Your Stimulus Check?
The American Rescue Plan - a $1.9 trillion economic stimulus package passed by the government (Democrats to be exact) on March 11 - will...
James Veal
- 3 min
Can Black College-Graduates Solve America’s Racial Wealth Gap?
According to a new research, education is not a solution for the racial gap in America. Wow! That is a punch in the gut right there. On...
James Veal
- 3 min
How to Solve the Financial Literacy Crisis in Black America
There is an urgent need for greater financial literacy throughout America - but especially in African American communities. With Black...
James Veal
- 4 min
5 Money Mistakes and How to Avoid Them
Have you ever heard someone say that experience is the best teacher? I've heard it many times growing up and believed it. However, I...
James Veal
- 2 min
Top Ten Reasons Why Black People Are Drowning in Debt
One of the main reasons for people not being adequately prepared for retirement is that they are drowning in debt and don't feel that...
James Veal
- 2 min
5 Easy Ways to Pay Yourself First
Take advantage of your employer’s 401(k), 403(b), 457 plans at work. You never miss what you never see! Contribute up to at least the...
James Veal
- 3 min
Top 10 Things Black People Need to Know About Money
10. Credit Cards Believe it or not, #creditcards can be an asset but in most cases, they are a lia- bility because the majority of people...
James Veal
- 2 min
There Are Two Ways To Get Rich By Owning Just One Stock
You may have probably never known this but there are actually two ways to get rich and profit from owning stocks and mutual funds. Stock...
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