Black Friday Budgeting

I recently created a blog post on African American Money, discussing 5 tips that can help consumers stay within their personal budget and eliminate overspending.  Check it out:  Click link

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6 sneaking fees on Lil Wayne prepaid credit card

Discussing the Lil Wayne Prepaid Discover card

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“Creating a Mindset of Abundance to Become Financially Secure”

I will be hosting a 4 part teleseminar starting on November 14, 2011.  “Creating a Mindset of Abundance to Become Financially Secure”.  During this 4 part teleseminar participants will learn:

  • What is Financial Abundance Thinking?

 

  • How do I become an Abundant Thinker?

 

  • Why the Recession does not determine my Financial Wealth!

 

  • How to stay motivated in these desperate times of “Doom and Gloom”!

This is a much needed teleseminar during these economic times, many individuals are going through the pressure of the losing of a job, home foreclosure, and business closings.  Studies have shown that individuals who are financially struggling during the holiday season experience a greater burden of stress and anxiety.

So again this is a Free Event, please go the events page at:  http://www.brownassocllc.com/events

 

 


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Student loan relief

Obama student loan relief program

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Obama student loan plan

Discussing the college affordability plan

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Holiday Spending

Discussing spending and budgeting for the holiday season.

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Financial Literacy for Celebrities and Athletes

Celebrities and Athletes money problems

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Ask Lorillia

Ask Lorillia video series

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Bank of America Business Bailout

This video will discuss the $5. Bank fees for debit card users of boa.

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Bank of America $3.48 Billion Dollar Bailout

 

Bank of America announced today on September 30, 2011, that they will charge a $5.00 dollar fee to all customers who use their debit card.  Will this mandate cause you to not use your debit card?  Depending on what age you are, you may or may not remember a time when we didn’t use our bank card for everyday use.  I remember those days, when I first got a job at 17yrs old, there was no direct deposit and of course no debit cards.  Everything was hands on, you got paid, and you cash your check at the bank.  I was always instructed by my mother to put something away for in savings, and the rest of the money you have to budget it appropriately to cover any personal expenses.  We’ll that time has changed, many people no longer, use the old fashion way of handling their personal finances.  Many of us spend money we don’t have because we assume that the bank will cover the purchase and we will pay the fees later, for example, when I get paid on Thursday or Friday.   Some people may give me some backlash on my feelings with this situation, but I do not think its wrong for BOA to initiate this new mandate.  I would hope that this mandate would stop individuals from using their debit card.  Did you know that it is estimated that BOA has over 58 million customers, at a $5.00 dollar fee a month which is $60 a year.  BOA will receive over $3.48 billion dollars.  You talking about a bail out their’s your bail out right there.

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