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By Gil Michel, MBA, on 26-07-2007 04:00

Views : 511

Favoured : 11

Published in : The News, Latest News


Listen Live

Hi everyone!  I would like to invite you all to check our new podcast/radio show on BlogTalkRadio.com.  Within the show we will discuss subjects like: 

  • letters from the BMM listeners/visitors- Do you have a question that you have been burning to ask?  Are you wanting to get advice on subjects such as debt, credit, and budgeting your money?  Send a question to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
  • Testimonials in the feature called, "Lemme Tell You..."- This is where you get to share your successes with the rest of the BMM family.  Have you recently gotten out of debt?  Did you just land a great job that will be the key to your achieving financial freedom?  Then, please share it with us.   You could be on the podcast with Gil and tell the world your story.
  • interviews with distinguished guests, where the topic of conversation will of course be money as it pertains to the Black community. In our first interview we speak with James Elam, Entertainment Lawyer to celebrities such as John Legend and Jill Scott.


Last update: 26-07-2007 04:01

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Rethink Bling
User Rating: / 17
 

By Kandise Lucas, PhD., on 25-07-2007 15:15

Views : 2025

Favoured : 14

Published in : Motivation, Motivation Articles


While working out at the gym, I recently saw a commercial by the Saturn Automobile Company in which the theme was to “rethink” commonly held concepts within our society.  One of the perceptions that we were instructed to rethink was the idea of what “bling” really means.

For most of us, the term “bling” symbolizes materialism and the display of excessive wealth at its most extravagant levels.  It is a superficial and materialistic term that we hear everywhere, from the radio to the pulpit.  It is considered to be a positive term in our society and a goal for which everyone should try to achieve.

We have all heard comments like, “she is bling blinging!” when we see a female with diamonds and gold dripping from her ears, hands, wrists and anywhere else that is humanly possible.  So what if her attitude is revolting or her credit cards are maxed out in her pursuit of  “bling”.




Last update: 27-07-2007 19:46

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529- Sounds Like A Plan
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By Gil Michel, MBA, on 03-07-2007 17:50

Views : 649

Favoured : 6

Published in : Personal Savings, Savings


“Sounds like a plan”.  My cousin, who came right from Port au Prince, Haiti, learned this phrase from his seventh-grade teacher, upon arriving to the United States.  And as you embark upon getting your child’s educational needs in perspective, you should definitely consider a 529 Plan to help you fund your child’s college education.

What is a 529 Plan, you may ask? It's an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs.  The reason that these are quickly gaining in popularity is because they offer the “investor” a great opportunity to save for college with great tax benefits.  

First of all, while the amount that you contribute may not be tax deductible, the amount you contribute can grow tax-deferred, much like a Roth IRA.  Each state treats 529 Plans differently so, it’s important to find out how that can benefit you as well.  Secondly, the process is fairly simple.  You simply complete an enrollment form, make your contributions to the plan and the 529 Plan Administrator handles it from there.  Unless you take out funds from the plan, there isn’t even any statement that you receive at the end of the year.  It’s a very hands-off kind of arrangement- in a good way.




Last update: 03-07-2007 17:50

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