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Financial Literacy

Why it is so critical to make everyone—especially people of color—understand the importance of being fiscally responsible
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What's Your Real Compensation?
What's Your Real Compensation? Today, more and more employees are factoring in their employee benefits when calculating their total compensation. . . . ...more
How to Go to College Without Drowning in Debt
By Daryl Hannah
How to Go to College Without Drowning in Debt Paying for college can be tough, and a shaky economy won't make it easier. Check out these tips on how to finance your education without drowning in debt. . . . ...more
The 'Nightmare' for Blacks, Latinos: Fallout From the Subprime Crisis
by Arsalan Iftakhar
The 'Nightmare' for Blacks, Latinos: Fallout From the Subprime Crisis The subprime lending crisis is having a particularly devastating effect on low-income Americans, especially the Black and Latino communities. Is your home--or your credit--at risk? Who is helping end this downward spiral? . . . ...more
Wall Street's Greed Endangers Cleveland's Future
By Jennifer Millman
Wall Street's Greed Endangers Cleveland's Future Who financed the subprime boom in Cleveland and across the country? Wall Street, according to a lawsuit filed against 21 big banks by the city of Cleveland in Ohio state court last week. How much did these firms cost the city? You'll be shocked to find out. If Cleveland Mayor Frank Jackson has anything to do with it, Wall Street will pay. . . . ...more
Blacks, Latinos Remain Top Targets for Subprime Lenders
By Eric Hinton
Blacks, Latinos Remain Top Targets for Subprime Lenders Black and Latino homeowners remained the primary targets for subprime lenders in 2006, while home buying among Latinos dipped precipitously, according to a new report. Forecasters warn more foreclosures are on the horizon if the bad lending continues to go unchecked. . . . ...more
Blacks and Latinos Still Hawked by Predatory Mortgage Lenders
By DiversityInc staff
Blacks and Latinos Still Hawked by Predatory Mortgage Lenders Blacks and Latinos are still more likely than whites to pay ridiculous interest rates on mortgages, according to a new Federal Reserve report. . . . ...more
Undocumented Workers Face Tax Catch-22
By the DiversityInc staff
Should undocumented immigrants pay taxes? Will they be turned into immigration-enforcement agents if they do? For the answers to these questions and more, read this article from the September 2007 issue of DiversityInc magazine. . . . ...more
'Why I Need Domestic-Partner Benefits'
By Mark Lowery
What do companies gain by offering domestic-partner benefits? They retain and recruit valuable employees. Find out why 53 percent of Fortune 500 companies and all of The 2007 DiversityInc Top 50 Companies for Diversity do this. . . . ...more
4 Ways to Make Sure You Get Paid Fairly
By Mark Lowery
4 Ways to Make Sure You Get Paid Fairly Read this story from the April 2007 issue of DiversityInc Magazine.





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Robert Johnson's Plan With Wal-Mart: A Blueprint for Reviving Black-Owned Banks?
By Mark Lowery
Robert Johnson's deal to put Urban Trust Bank branches inside Wal-Mart stores may become the model for providing struggling black-owned banks across the country with desperately-needed capital--as well as a path to restoring the prominence these institutions once enjoyed. But the strategy has it risks. . . . ...more
Money Talks: Diversity Incentives Make the Difference
By Won Kim
Money Talks: Diversity Incentives Make the Difference Nothing communicates the value of diversity at a corporation better than CEO commitment and incentive-backed diversity goals. By linking compensation directly to measurable achievements, diversity demonstrably is shown to be of equal value to all line-management business objectives. . . . ...more
What to Do If Your Credit Is Bad
By Yoji Cole
Credit is a lifeline for too many Americans. Because most Americans finance their homes, cars, furniture, washers, dryers and other items on credit, a majority of Americans live in debt. And the frequency with which you pay your debt determines your credit score. So what can you do if your credit is bad? . . . ...more
Planning for Retirement? Join the Club
By C. Stone Brown
Investment clubs offer women education, support and, most importantly, a level of trust. Read this story from the March 2006 issue of DiversityInc magazine. . . . ...more
Health Savings Accounts: Benefit for All or Tax Shelter for High Earners
By Yoji Cole
These new types of accounts, pushed by the president, aren't worth it for everyone. Read this story from the May 2006 issue of DiversityInc magazine. . . . ...more
Healthcare Disparities: Does Class Trump Race?
By Won Kim
Healthcare in the United States has become a perforation between the haves and the have-nots. With almost 21 percent of the U.S. population underinsured or uninsured, it's a national crisis. But the gap isn't about race - it's about class. Read this story from the May 2006 issue of DiversityInc magazine. . . . ...more
Attracting Immigrants Via Wire Transfers
By C. Stone Brown
Increasingly, banks realize that remittances are the key to long-term customers. Read this story from the April 2006 issue of DiversityInc magazine. . . . ...more
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