Pilot program to provide low-interest loans for job creation in poverty-stricken areas The City of St. Paul has announced a new pilot program providing $500,000 in low-interest loans and incentives to encourage businesses to create jobs in areas of concentrated poverty (ACP50). Businesses can apply for a maximum $10,000 loan through the Job Opportunity Fund for … [Read more...]
A space to examine the everyday dollars and cents issues that impact your wallet and bottom line.
In today’s economy of instant gratification mixed with easy credit access and mounting bills, financial freedom can seem like nothing more than a pipe dream. However, saving money is simpler than you think once equipped with the right information. “Most of us know what we need to do to not be in debt — spend less money than you actually bring in,” said Jonathan Marcello, … [Read more...]
The power of the Black dollar is staggering. A Nielsen study reports that African Americans spent more than $1.2 trillion in 2017 and are poised to reach a record $1.5 trillion by 2021. According to The State of Working America, African Americans also spend four percent more of their income annually than any other race. Tops on that list are Black women, who are seen as the … [Read more...]
It’s important for children to learn about the value of money before they actually have any. As adults, sometimes it’s easy to forget that it took most of us our entire lives to learn what we know now about being fiscally accountable. Kids really don’t know anything about money except that it’s green, it’s paper, and it gets them what they want – probably toys and candy, … [Read more...]
Sister Spokesman took a holistic approach to the topic of Black beauty at its most recent afternoon soirée. From finding the right lip color to fitness tips to a conversation on intentional and well-informed beauty consumerism, the afternoon was a flurry of activity with much food for thought. The event, held at LifeSource in North Minneapolis on Saturday, June 2, centered … [Read more...]