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MoneyWellAfrican-American investors report high levels of confidence in their financial future, along with optimism about the political and economic future of the country, according to a recent Wells Fargo nationwide survey. Despite proactive planning and intentional cuts in spending, African American investors remain focused on day-to-day living expenses, with a large majority concerned about having enough money to retire.

Basic Banking for Successful Small BusinessFor business owners, time is money. With all their energies focused on making their businesses successful, business owners often decide to begin with “the basics” for their financial accounts and choose products that mirror the personal financial accounts that they already know how to manage. Yet to be successful, there are several financial choices business owners should consider to meet the unique needs of their businesses:

Going it Alone | A Financial Guide for SinglesSingle individuals without children make up one of the fastest-growing segments of society today. In fact, the U.S. Census Bureau reports that for the first time in the nation’s history, there are now more people living alone in single-person households than there are traditional families of a husband, wife and one child.

According to the latest U.S. census, as of the year 2000 there were approximately 27.2 million single-person households versus about 16.6 million three-person family households. And the percentage of single-person U.S. households — now at 26 percent — has been steadily increasing for at least three decades.

GiftYou might be surprised to learn that 73% of charitable giving comes from individual contributions – five times more than corporate donations*. Now more than ever ,organizations are relying on nonprofit giving for support, particularly during the holiday season. Fortunately, the holidays are traditionally a time when people feel more inclined to be generous.

GivingWe’ve all heard the adage, “the more you give, the more you receive.” I believe that most people are willing to give, but uncertain about how to make the most meaningful contributions. It’s perfectly fine to give as opportunities arise. However, being proactive about charitable giving allows you to deliberate about how you “invest.” That’s right, charitable giving is an investment and should be treated with as much forethought as any other investment.

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