By Annie MaThe Associated Press The United Negro College Fund announced a donation of $100 million from the Lilly Endowment Inc., the single largest unrestricted gift to the organization since its founding 80 years ago. The gift announced Jan. 11 will go toward a pooled endowment for the 37 historically Black colleges and universities that […]
Tag: financial stability
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Emergency Funds 101: Here’s How to Build One
Photo: Vitaliy Vodolazskyy via 123RF Life is full of uncertainties, and unexpected financial challenges can arise anytime. Whether it’s a medical emergency, car repair, sudden job loss, or an unexpected home repair, having a financial safety net can provide peace of mind and security. This safety net is known as an emergency fund. In this article, […]
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The top four ways to build financial acumen in children
By Helen Bezuneh, Special to the AFRO Teaching your children how to build generational wealth isn’t the easiest thing in the world––but it can certainly be done. This month, the AFRO held conversations with Black parents to discuss the top four ways to build financial acumen in children. Read the tips below to ensure that […]