Building wealth at any age can seem daunting, especially if you’re not sure where to start. Different stages of life require unique approaches and the development of new understandings, and the same applies to financial planning. Whether you’re just starting out in your 20s or starting over in your 40s to prepare for your 60s, […]
Finance
Posted inFinances FYI
How to Build Generational Wealth via Real Estate Investing
Historically, systemic barriers like a lack of equal access to credit for homebuying and a lack of access to home ownership have made it difficult for Black families trying to overcome the racial wealth gap and build generational wealth. JPMorgan Wealth Management provides resources to help Black, Hispanic, Latino, and everyone to “learn about investing […]
Posted inFinance
Twin Cities R!SE fights Black unemployment with empowerment and opportunity
As Black unemployment rises to 7.5% nationally and 6.9% in Minnesota, Twin Cities R!SE doubles down on empowerment, coaching, and employer partnerships. From a new Legacy Gallery to union pathways at ~$34/hour, TCR focuses on careers that last—not quick fixes.
Posted inFinance
BrandLab gala aims to loosen tight funding
BrandLab Ignite Gala 2025 called for $300,000 to sustain inclusive talent pipelines as DEI funding tightens. Board chair Mary Beth George Puder and keynote Chufue Yang stressed diversity as a business imperative, spotlighting outcome-based funding, the Spark student pipeline, and labor partnerships that move BIPOC creatives into high-growth careers.
Posted inEvents
Black Men’s Legacy Summit IV: Building and Protecting Generational Wealth
The Black Men’s Legacy Summit Minneapolis 2025 returns Oct. 25 with keynotes, panels, and hands on estate planning. Every attendee completes a preliminary will and connects with local experts.
Posted inFinance, Finances FYI
Understanding the Racial Wealth Gap in America
The racial wealth gap United States reaches beyond income to assets and debt. This guide explains the drivers and offers strategies for building and protecting Black wealth.
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How homebuyers can save on a down paymentÂ
Upfront costs remain a top challenge for homebuyers in 2025. Minneapolis-St. Paul buyers may qualify for down payment assistance programs offering grants, forgivable loans, and low-down payment mortgages to make homeownership more affordable.
Posted inFinance
Prison labor under scrutiny as advocates push for paid work protections
Minnesota advocates are calling for an end to forced prison labor after a state audit showed MinnCor Industries underpaid incarcerated workers while subsidizing corporate contracts. Proposed legislation would guarantee fair wages, union rights, and worker protections.
Posted inFinances FYI
Best side jobs in Minneapolis – And how to manage your side job money
Discover the best side hustles in Minneapolis, from freelancing and fitness coaching to rideshare, tutoring, reselling, and pet care. Get tax, budgeting, and growth tips to keep your hustle sustainable.
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How to Spot a Financial Scam Before It’s Too Late
Sunrise Banks outlines how to spot scams by checking for red flags like inconsistencies, poor grammar, and surprise loan approvals — and reminds customers to verify before acting.
Posted inFinances FYI
How to Do Taxes for Business Owners: Tips for 2026 Tax Prep
Getting a head start on your 2026 business taxes can save you money and stress. From choosing the right deductions to setting up tax-advantaged accounts, here’s what to do now.
Posted inFinances FYI
Use an Investment Diversification Strategy to Combat Risk
A diversification strategy helps investors manage risk by spreading funds across asset classes like stocks, bonds, and cash. Learn how this approach supports long-term financial goals.
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Investing Basics: Stocks, Bonds, and Building Wealth
Investing doesn’t have to be complicated or expensive. Learn how to get started with stocks, bonds, ETFs, and more — even with just a few dollars a month.
Posted inFinances FYI
Managing the high costs of leasing or buying a vehicleÂ
From budgeting and biweekly payments to managing gas, maintenance, and insurance, this guide covers smart strategies for managing your vehicle loan and reducing overall car ownership costs.
Posted inFinance
Open Road Fund offers gifts, not grants
The Open Road Fund offers $50,000 direct gifts to Black descendants of enslaved people in MN, ND & SD — transforming lives and building Black generational wealth.
Posted inFinances FYI
Exploring Home Costs Beyond the Mortgage: A Complete Guide
First-time buyers: Home costs go far beyond the mortgage. From insurance and taxes to repairs, here’s what to budget for — with tips from JPMorgan Chase.
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Buying Your First Home: A Comprehensive Guide
Becoming a first-time homeowner in Minneapolis? Get these 5 essential tips for first-time home buyers — from budgeting to finding the right real estate agent.
Posted inFinance
Metro Black business growth among nation’s fastest
Dr. Andre Perry joined Twin Cities leaders to launch Black Power Scorecard, highlighting data-driven strategies to boost Black wealth, homeownership, and life expectancy.
Posted inFinances FYI
Renting versus ownership in today’s economy
Homeownership is a lifestyle choice that depends on individual circumstances, with pros including building equity and predictability of monthly payments, and cons including significant upfront costs and maintenance responsibilities.
Posted inFinances FYI
Building Financial Confidence: Why Strong Credit Is Essential
Raising your credit score can help you qualify for loans, lower interest rates, and even boost your job prospects, while also providing a safety net for unexpected expenses.