Tiger Woods and his financially costly divorce - what's he going to have to pay?
Thursday, December 3, 2009
Sunday, November 29, 2009
Why Are Black People Not Getting Married?
Are the men or the women to blame for the reason that black people are not getting married?
Why Are Black People Not Getting Married?
Are the men or the women to blame for the reason that black people are not getting married?
Dr. Boyce Watkins: How Does Prosperity Gospel Work Anyway?
by Dr. Boyce Watkins, Syracuse University
Nearly every African American knows just how important the black church is to our community. We also know about "prosperity gospel," the act of preaching about God within the context of wealth building. I admit that this form of faith is a bit odd to me. I am a Finance Professor and I become confused when my pastor talks about money more than I do. The saddest truth is that it's hard to tell the difference between a pastor and a pimp: Most pastors aren't pimps, but any pimp could be a pastor. The same skill set is required in both professions.
My father is a preacher, but he almost never preaches about money. I've never heard him asking for money on the pulpit, or mentioning that giving money to him is one of the keys to gaining access to heaven. But I don't presume that my father is right about all things, and given that I write about money on a regular basis, I have gained an appreciation for what financial resources can do to enhance your life. Also, one must be aware of the pragmatic realities of running a church: You have the building fund, bills to pay every month and any community service initiatives that the church chooses to pursue. The proper use of money can certainly enhance your ability to do God's work.
Friday, November 20, 2009
Keeping the Cost of Your Funeral Low
by Dr. Boyce Watkins, Syracuse University
Funerals are never fun. They are emotionally draining and you are forced to endure the shock of knowing that your loved one will never be back in your life. In addition to the emotional devastation, you have to deal with the financial burdens of paying for someone to be buried. We all know that funerals are not free or cheap, and the last place you want to be cheap is when it comes to burying the person you love.
But there are ways you can keep the cost down. They say you can't take the money with you, but someone who doesn't plan for their death may be taking their relatives' money with them to the grave. Here are some ways that you can bury on a budget: giving relatives dignity without creating financial hardship.
There is a funeral cost calculator on FuneralswithLove.com that helps you to figure out how much your funeral might cost and whether or not you're going to be able to pay for it. Effectively, the cost estimator first determines your total resources from prepaid expenses, personal savings/investments, and death benefits. Once you know what is available to you, you have to determine how much you want to spend. Some of us want to go out in style and some of us figure that since we're dead, our relatives should be the ones having all the fun.
Wednesday, November 11, 2009
Dr. Boyce Watkins: How Rihanna Is Profiting from Her Tragedy
by Dr. Boyce Watkins, Syracuse University
I hated what Chris Brown did to Rihanna. I was angered, disappointed and irritated by the fact that many are quick to forgive egregious behavior on the part of celebrities, and a hit song can forgive all sins. At the same time, celebs are just like the rest of us, full of complexities that the world may never come to understand. Rihanna has walked away from Chris and she is now telling the entire world how bad of a man he is, and we're all taking her side.
The problem for Rihanna, however, is that her actions aren't making much sense.
Rihanna's recent whirlwind media tour has included the likes of ABC News, MTV and other major media outlets. Throughout this tour, she has allowed the world to enter into her dark reflection on the relationship she had with Chris Brown, with that reflection seeming to have almost no productive purpose. I am not sure why the he-say/she-say between two 19-year old kids should be the concern of the nation. But then again, I am sitting here writing about it, so I am as guilty as everyone else.
Friday, November 6, 2009
Tuesday, October 27, 2009
Mother, Wife and Businesswomen: How do you Balance?
In this episode of Financial Lovemaking, Dr. Boyce and Tia talk with Towanna Freeman, an author, speaker, wife and mother on how to balance love, life, and success.
Mother, Wife and Businesswomen: How do you Balance?
In this episode of Financial Lovemaking, Dr. Boyce and Tia talk with Towanna Freeman, an author, speaker, wife and mother on how to balance love, life, and success.
Thursday, October 22, 2009
Managing Money and Relationships: Towanna Freeman
by Dr. Boyce Watkins, AOL Black Voices
An entrepreneur doesn't think like everyone else. She is willing to take chances, disciplined enough to focus on a dream and passionate enough to pursue that dream. Towanna Freeman is in that category. AOL Black Voices had the chance to catch up with Towanna, to get some advice on striking out on your own, as well as managing a marriage, children and career, all at the same time.
1) What is your name and what do you do?
Have you noticed how so many people seem to be living an unbalanced life or living beneath their full potential? Well, I assist people, particularly women, who are ready to take life changing action to get that sense of balance back along with that greater feeling of fulfillment and happiness. I am also the principal consultant of Towanna Freeman & Associates, a management consulting firm with the primary emphasis on leadership coaching and employee performance improvement; the founder of the Young Women's Empowerment Network a nonprofit organization that produces empowerment workshops, conferences, and other special events for teen girls; and the author of "Purposeful Action, 7 Steps to Fulfillment."
Wednesday, October 21, 2009
Financial Implications of Love: Man Shoots Boy For Having Sex with His Daughter
by Dr. Boyce Watkins, Syracuse University, AOL Black Voices
I have daughters and I love them all. They are all at "that age," between 16 and 20, where they tend to love the boys that you want to beat down the most. Every time I hear them express their undying love for Lil Wayne, I can only think about him having 3 women pregnant at the same time. When I see a Chris Brown poster in their room, I remind them that Chris was accused of having boxing practice on Rihanna's face.
But as a father, you can't protect your daughters from themselves. Some things they have to learn on their own. And if sleeping with a pants-saggin, "purple stuff dranking," gold grill wearing, 10,000 tattoo having buffoon is the way they need to learn their lessons, you just kinda have to deal with it.I empathize with Wade Edwards, the man accused of shooting a boy for sleeping with his step daughter. Wade shot the boy four times, aiming for the "relevant zone" with each bullet. But while I can understand Wade's anger, I do not, for one second, condone his actions.
If the link above doesn’t work, click here.
Financial Lovemaking: Shooting Your Daughter's boyfriend
We all want to protect our kids, but does it make sense that Wade Edwards shot his daughter's boyfriend?
Financial Lovemaking: Shooting Your Daughter's boyfriend
We all want to protect our kids, but does it make sense that Wade Edwards shot his daughter's boyfriend?
Friday, October 2, 2009
Managing Multiple Baby's Mamas: What Does that mean?
How do you deal with the challenge of having multiple children in multiple households?
Managing Multiple Baby's Mamas: What Does that mean?
How do you deal with the challenge of having multiple children in multiple households?
Wednesday, September 30, 2009
Sunday, September 27, 2009
Thursday, September 24, 2009
No Property Insurance Can Leave You Bankrupt
Most of us know very little about the ins and outs of property insurance. Christopher Chestnut is not in that category. As a prominent attorney out of Florida, Mr. Chestnut has taken on multi-million dollar cases and handled some of the most complex lawsuits imaginable. As one of the leading young black attorneys in America, Chestnut has been recognized by President Obama for his outstanding accomplishments.
I spoke to Chris this week about Property Insurance and what it can do to make your life a little simpler. Here is what he had to say:
1) If you rent, make sure you have renter's insurance. Also, make sure your landlord has homeowner's insurance, since renter's insurance only includes the contents that are INSIDE the house
2) Check your landlord's insurance regarding injuries on your rented property. Most people are unaware of the fact that the homeowner is liable in the event that someone is injured on their property. Even if the children across the street climb the fence to get into your yard, you are liable if one of them gets hurt. Find out how your landlord's homeowner's insurance would cover you if someone has an accident.
Wednesday, September 16, 2009
Divorcing Just to Stay Alive
from The Huffington Post
For Mary McCurnin and husband Ron Bednar, money trouble has followed health trouble. In 2003, the couple declared bankruptcy after their insurance covered only 10 percent of treatment costs for her breast cancer and his intestinal bleeding. In 2004, McCurnin’s breast cancer returned, and Bednar underwent open heart surgery.
Now, after repeatedly refinancing their house to pay medical bills and living expenses, they’re broke. To improve their chances of growing old together, they’ve filed for divorce.
"It occurred to me that I could get my first husband’s Social Security," said McCurnin. Her first husband, to whom she’d been married 20 years, died in 1989. When she turns 60 in November, McCurnin said she will be eligible for $1,200 in monthly survivor’s benefits from the previous marriage. As the Social Security Administration told her, she can’t have the survivor benefit if she’s married to someone else.
Read more at: http://www.huffingtonpost.com/2009/09/16/loving-couple-divorces-to_n_287094.html
September 17, 2009 Posted by Staff | african american health, black healthcare | healthcare reform | No Comments Yet
Thursday, September 3, 2009
Dr Boyce Talks Couples, Money on ABC News
I recently appeared on ABC News to talk about Financial Lovemaking, and the link between sex and money. I've discussed relationships and money several times on AOL in the past, but I think that I should quickly lay out some very interesting similarities that may not have crossed your mind. As I teach my Personal Finance Class at Syracuse University this semester, I am reminded that managing our money is linked to managing our love, which is critical to the ultimate goal of effectively managing our lives.
1) Many people think about both sex and money every single day. Don't lie, you know you enjoy thinking about sex, even if you aren't getting any. But chances are, you also think about money, whether it's figuring out how to get what you need or how to keep what you've got. Even most rappers spend all their time talking about either sex, money or how they use their money to get more sex. It's actually a universal concept.
Click to read.Saturday, July 4, 2009
Beware: Long List of Consumer Complaints Against FreeCreditreport.com
5 months ago I signed up for the "free" credit report. Little did I know that I would be charged 1.00 per month on aservicecalled "Your Savings Club" which they automatically sign you up. Also they charge you another 1.00 per month as well as 30.00 for "CREDITDIAGNOS". In addition it is your regular charge of 11.95 for "CIC*Credit Monitor". So because I didn't cancel in time, my "FREE" credit report cost me 214.75.
Justin of Lawndale, CA June 10, 2009
Freecreditreport.com requires you to enter yourinformationin BEFORE it discloses its terms and conditions. Upon reading all the terms and conditions I simply closed my web browser. I did not click on "agree" to terms and conditions and I did not click on either "no, just give me my free credit report" or "yes, I would like my 27 three credit reports" I simply closed the window.
Sunday, June 14, 2009
Black relationships: Should He ditch the gold digger?
I am a widower. My wife of 46 years passed away a year and a half ago. I recently met and felt very attracted to a woman. My problem is that she is reluctant to open up to me even though we have a great time together. We live about 1,700 miles apart. She has this mind set that poor plus poor equals poor and yet she claims not to be a gold digger. She has been married twice to rich men and has traveled everywhere. Her longest marriage was with a man who she says wasn't affectionate with her. She has actually come right out and told me that I do not make enough for her style of living. Now I may be wrong but if both her marriages ended in divorce and she now has to scrape by while this "poor" guy with more money than she has at her disposal wants to be with her, would that not tip the scales in my direction? Or could it be she just does not want to be a three-time loser. This woman, whether she wants to admit it or not, has stolen my heart, and I have told her so. When I tell her I love her, she says thank you. We seldom talk on the phone though we were talking daily at first. I am at wits end, and I truly do not know what to do.
Black News: Detroit Becoming a Hot Bed for Real Estate Purchases
NEW YORK (CNNMoney.com) -- As Detroit home prices in Detroit crash, sales are heating up. But with all of the plant closings and layoffs, who's buying? Investors -- some of whom are snapping up five and 10 houses at a time.
"I have investors from all over the country and the world," said Jeremy Burgess, co-founder of Urban Detroit Wholesalers, which buys undervalued homes to rehab and rent or to sell to other investors. "One Lithuanian woman just bought a second house."
"Most of the local investors are out of money," added Mike Shannon, who specializes in Detroit foreclosures and has clients from New Zealand, Australia, England and other places.
Recently a Californian purchased 178 properties, mostly one at a time, and most for under $10,000. Another has purchased six Detroit properties since September and hopes to begin buying five a month.
Click to read more on the African American Money Blog.
Saturday, June 13, 2009
Black Money Expert Ryan Mack: Keeping Your Home
Black finance expert Ryan Mack brings us advice from a place of real heart to help hard-working Americans deal with the mortgage mess. With his warm brand of personal finance advice, Mack's strongest words to the community are: "If you are having problems paying your mortgage DO NOT WALK AWAY FROM YOUR HOME!" In part one of our two-part interview, learn more about how we got into this housing crisis, how it has affected the general economy and what you should do now to protect your home.
How did you become a finance expert? What inspired you to pursue this goal?
When I was on Wall Street making great money I felt empty, because I was not an effective contributor to my community. I knew that finance was my passion, but I also knew that sitting in a cubicle making money only for the sake of self-empowerment was not my purpose.
Like too many families in America, many people in my family were not financially literate. My passion was to change that. In addition, I was always getting asked personal finance questions from peers who knew I was a stock trader. But trading is different from personal finance. To address these questions, I began to study personal finance and started a Yahoo group called MakingMoneyWork, which provided tips and strategies to over 200 members through weekly newsletters.
Prof Christopher Richardson Breaks down Tavis Smiley Sponsor Wells Fargo’s alleged discrimination
Dr. Christopher Richardson
Dr. Christopher Richardson, one of the world’s leading experts on predatory lending and banking, comments on a recent report that Wells Fargo, one of the sponsors of the State of the Black Union event held every year, is being sued by several government agencies due to accusations of financially exploiting and deliberately misleading the Black community. Dr. Richardson’s comments are below:
Black Money: Good news in the job market
NEW YORK (CNNMoney.com) -- The number of Americans filing for initial unemployment insurance fell more than expected last week, but ongoing claims ticked higher, according to government data released Thursday.
There were 601,000 initial jobless claims filed in the week ended June 6, down 24,000 from 625,000 the previous week, the Labor Department said.
Economists expected 615,000 new claims, according to a consensus survey by Briefing.com.
Thursday, June 11, 2009
Black Money: Wells Fargo Accused of Cheating the Black Community
Tavis Smiley needs to have a conversation with one of his primary sponsors, Wells Fargo. This week, it was announced that Wells Fargo is being sued by the city of Baltimore for egregiously racist predatory lending practices in the black community. The company has been accused by some former loan officers of targeting subprime, low quality loans to black neighborhoods, leading to a dramatic economic collapse for the black community of Baltimore.
The statistical evidence is daunting. Half of all the properties foreclosed by Wells Fargo are vacant and 71% of those properties are in black neighborhoods. Wells Fargo's African American borrowers with incomes greater than $68,000 per year were 8 times more likely to hold subprime loans than white borrowers with the same income.
Black Money: Dealing with Borrowers in your family
You are the one who went to college, got the Wall Street job, went on exotic vacations around the world and bragged about them to your cousins back in Detroit at family reunions. Now you are unemployed and more family members than ever have their hands out. How do you determine who to "lend" money to or whether you should be lending money at all? Here are a few tips.
1. First, make sure your family is aware of the changes to your financial circumstances. Whether you are unemployed, your annual bonus is nonexistent or you recently overheard the executive assistants gossiping about cuts in your department, it is important to communicate this to family members so they know that your baller tendencies are on hold. Be considerate of their circumstances when you communicate this message. Telling them that you "downsized" your Buckingham Blue Range Rover to a Lexus Rx Hybrid to save money on gas is likely to get you little to no sympathy. Talk in terms of percentages; say things like, "Yeah, the economy really sucks, without my bonus this year I will make 50% less so I am cutting back." Communicating that you are also tightening your financial belt should make your family think twice before they ask you for money.
2. If you are still approached by family members for money, it is important to assess whether this is a recurring problem or a one-time ask. If the same family member always has their hand out, their money issues may be symptomatic of larger core issues (depression, gambling, living beyond their means, etc.). Have a heart to heart with your family member to try to unearth what may be at the root of their money problems. Then, if you discover a bigger issue, be supportive and help them to address the issue directly. Do not give them more money, no matter how bad they say they "need" it, it will only result in them coming back to you for more of the same a few months down the road. Instead, offer to pay for debt counseling or a gym membership - whatever helps them address their core issue.
Black Money: Car Loans Tough to Come By
Auto dealers are using rebates, discounts, and other incentives to lure buyers back into their showrooms. But once they get customers through the door, dealers are still battling an issue that has troubled the industry for months: a lack of financing.
Brandon Schaefer, the owner of Nationwide, a string of dealerships in Timonium, Maryland, says foot traffic has improved, but lending has not. "About twice as many people as before are getting turned down for loans," he says. "The guidelines continue to get stricter."
Monday, June 8, 2009
Financial Lovemaking: What About the man with all the babies?
Desmond Hatchett is 29 years old and has 21 children with 11 different women. The Knoxville, TN native also works for minimum wage and can't support all of his kids. The state is only allowed to take 50% of his paycheck, which doesn't amount to very much for each child.
What do we make of Hatchett's decision? This is clearly a question for Financial Lovemaking.
Technorati Tags: desmond hatchett,21 kids,11 babies mamas,black love,black relationships,black money,black news
Dr. Boyce: Credit Cards are the New Addiction
In an interview with NPR's Michel Martin, I explained how credit card companies are really financial drug dealers. While this comparison might initially seem out of the park, it is actually quite appropriate: Credit is like a drug: it makes you feel good, and it is difficult for most Americans to feel secure or comfortable without it. Also like a drug, credit can be abused. Americans are hooked on consumption and credit card companies are willing to serve us our drug to the point of financial ruin.
The difference between financial drugs and medical drugs is that most financial drugs are legal, no matter how harmful they might be. In 1979, Congress got rid of usury laws, allowing credit card companies to charge darn near any interest rate they wanted, any fee they felt applicable and any penalty they felt you deserved. In other words, the legalized financial drug dealers were allowed to run rampant and sell as much of their product as the addicts could consume.
Friday, June 5, 2009
Lady Drama: Beyonce Tackles Jay-Z on the Forbes List
According to Forbes Beyonce beat out her husband's net worth on the Forbe's list for this year! Beyonce made the top 5 of the list at #4 while Jay Z didn't even make the top 10! Jay Z came in at a measly #32 on the list beating out our President but I'm sure that doesn't do too much for his ego! Check out the list for yourself:
1 Angelina Jolie
2 Oprah Winfrey
3 Madonna
4 Beyonce Knowles
5 Tiger Woods
6 Bruce Springsteen
7 Steven Spielberg
8 Jennifer Aniston
9 Brad Pitt
10 Kobe Bryant
Technorati Tags: jay z,beyonce,black news,african american news,black celebrity gossip,black celebrities,lady drama
Wednesday, June 3, 2009
Financial Lovemaking: The Value of Halle and Jamie’s Kiss
Most of us saw the crazy face sucking episode between Halle Berry and Jamie Foxxthe other night on the "Guy's Choice Awards". While you might have been turned on by the episode or turned off by the vulgarity of it, the truth is that most of us don't see the financial value behind the infamous grab and suck.
Why would Halle Berry and Jamie Foxx lock lips, private parts and everything else in front of the world (not to mention their significant others)? Why might their significant others actually be OK with that? It all comes down to Financial Lovemaking, since there is a clear monetary value of creating such shocking moments on the big screen.
Let's be real: Halle and Jamie are both in their 40s, and both of them have financially busted movies to their credit. Also, there is a serious problem with Hollywood's continuous decision to ignore the very best black female actresses in the world (I would put Regina King or Angela Bassett up against any actress in Hollywood, but they rarely get the roles they deserve). Hollywood has pushed what "Halle-would" do to the test, as this woman has always had to stretch the limits of decency to stay on top (remember Halle getting naked with Billy Bob Thornton a few years ago?). I hardly blame or judge Halle for her choices, since black actors and actresses are usually the last hired and the first fired.
The Internet has created a world in which a hot kiss, a butt grab or even a sex tape is necessary to keep you relevant. Even the group Pretty Ricky resorted to obnoxious grinding activity to get people to notice their next album. In this episode of Financial Lovemaking, we break down how it all works.
Continue reading Halle Berry and Jamie Foxx: What's the Financial Value of a Kiss?
Sunday, May 31, 2009
Barack Obama’s Credit Card Legislation – What You Should Know
Click the image below to hear what Dr. Boyce Watkins has to say about the new credit card legislation signed by President Barack Obama:
Friday, May 29, 2009
Dr Boyce Money: What We Can Learn from Mike Tyson
The death of Exodus Tyson, daughter of former heavyweight champion Mike Tyson, brings immediate tears to the eyes. As a single father of three daughters, my heart becomes heavy at the thought of losing any of my precious little girls. I also fear what might happen if I were to suddenly pass on myself. While the pain of death is severe and complicated, there is always a lesson to be learned from the experiences of others.
In this case, there is the serious and gut-wrenching task of planning for the possibility that you may have to bury your child. In the black community, such issues are compounded by the alarming death rates of black teens in the inner city, higher infant mortality rates and reduced access to health care for African Americans. In light of our unique experiences and circumstances, we must be careful and intelligent in our financial planning.
How do you plan for your child's death? Is life insurance even necessary? Let's break it down and figure it out together.
Black Money: With GM Bankruptcy, is the American Dream Dead?
There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.
"The minute you signed the paper, you were instantly vaulted into the middle class," said Mike Smith, director of Wayne State University's Walter P. Reuther Library in Detroit, named for the founder of the United Auto Workers, the union that represents auto workers.
A shrinking paycheck. As the auto industry undergoes a sea change, the government has demanded that Chrysler and General Motors (GM, Fortune 500) bring their labor costs in line with foreign competitors operating non-unionfactories in the U.S.
Today, an entry-level auto-worker will be making $14 an hour, compared to the $28 "base rate" the job had earned before, according to a summary of Chrysler's contract agreement.
Worker's benefits have also taken a hit.
"Workers coming in will have good benefits and a good wages but not necessarily what they were 20 or 30 years ago," said Smith.
Monday, May 25, 2009
Your Black Money: Finding a Job in this Economy
Even in the current job market, getting a pink slip doesn't always lead to long-term unemployment - especially if you're willing to do the extra legwork it takes to get hired these days.
When David Hudson was laid off from his computer programming job, he sharpened his skills, did his due diligence and took full advantage of the resources available to him.
Hudson, 40, was lucky enough to get a heads up before his employer gave him the ax. He was notified in early February that his firm would have to make cuts and his last day would be March 6. He made sure to use the time wisely.
"I put myself in the place of the employer," he explained. "What would the employer be looking for, what would catch their eye?"
Technorati Tags: black money,black news,african american news,african american money,black unemployment
Sunday, May 24, 2009
Dr Boyce Money: Ensuring that You Have Enough Life Insurance
For more financial advice, visit www.DrBoyceMoney.com.
It may shock you to read this, but you are going to die. Young people don't seem to believe they are ever going to leave the earth and even old folks aren't ready to accept it. Many of us become sole providers for our families under the assumption that we are going to be around forever. Well, there comes a time when we must realize that if we get into our car and head out to work one morning, we may never come back.
What happens to those we leave behind? They are left to clean up the messes that we've left, and you probably know at least one person who has gone to a funeral and watched their daddy's dirty laundry pour itself out all over the front row. The funeral is a day of reckoning, from both a personal and financial standpoint. The point of death is when the Grim Reaper makes us reap what we have sewn throughout our lives.
How do you determine whether or not you have enough life insurance? Let me break it down for you.
Continue reading Do Your Children Have a Plan for your Death? You Might Want to Think Again
Barack Obama Signs Major Credit Card Bill
U.S. President Barack Obama signed into law on Friday sweeping reforms that restrict credit card interest rates and fees, marking a victory for Democrats trying to help recession-weary consumers and a setback for banks seeking to retain sorely-needed revenues.
The law is expected to hurt profits of major card issuers such asCitigroup Inc, Bank of America Corp, JPMorgan Chase & Co andCapital One Financial Corp. Banks say the changes may cut the flow of credit to consumers because it will make it more difficult for issuers to set rates based on the risk their customers pose.
"With this bill we are putting in place some common sense reforms designed to protect consumers," Obama said at a signing ceremony at the White House.
"We're not going to be giving people a free pass and we expect consumers to live within their means and pay what they owe. But we also expect financial institutions to act with the same sense of responsibility that the American people aspire to in their own lives," he said.
Enactment marks the crest of a backlash against the card industry after years of rate and fee hikes and aggressive marketing programs that have angered consumers, analysts said.
Thursday, May 21, 2009
Financial Lovemaking 101: What is the Man’s Responsibility in Behavior?
Hip-hop "mogul" Irv Gotti has gotten tremendous criticism for mistreating his estranged wife, Deb. Let's be real, Irv is mean and appears to be highly inconsiderate. He cheats on Deb openly, disrespects her and doesn't seem to care if she stays or goes.
"Irv Gotti treats his wife worse than an abandoned dog in a pound," says black celebrity gossip columnist, Lady Drama. "Any man who treats his wife like that should walk through hell with gasoline soaked pants."
But while Irv does his thing and does it wherever and with whomever he likes, his wife may not necessarily be an innocent victim. She has the opportunity to leave him and be with another man. She can draw boundaries on the relationship and not deal with his behavior. But she does not. Why is that?
In this episode of Financial Lovemaking with Dr. Boyce, we talk about Gotti and what he and his wife can do to make things right. We also answer some critical and important questions.
Continue reading Financial Lovemaking with Dr. Boyce: Is Irv Gotti's Way the Right Way?
Tuesday, May 19, 2009
Black Couple Breaks Down their Finances: Financial Lovemaking
In this episode of Financial Lovemaking, Dr. Boyce and S. Tia Brown speak with Jason Robertson, a former New York Yankee, and his fiance Marshawn Evans. Marshawn is a prominent attorney and sports marketing agent. Jason was a top draft pick and all-American baseball player, who learned the flaws of improperly managing his money. He has since recovered financially and become one of the top entrepreneurs in the United States. The couple discusses the challenges in their relationship and ways they plan to make good financial love. When is the best time to start talking about money in a relationship? What if your partner is not as comfortable talking about money as you are? What role does trust play in the formation of a financial lovemaking relationship with another person?
Monday, May 11, 2009
Black News: Man Sues Over Sex Boycott
A Kenyan man has sued activists who called on women to boycott sex to protest the growing divide in the nation's coalition government.
James Kimondo said the seven-day sex ban, which ended this week, resulted in stress, mental anguish, backaches and lack of sleep, his lawyer told the state-run Kenya Broadcasting Corp.
The lawsuit filed Friday claims lack of conjugal rights affected Kimondo's marriage and seeks undisclosed damages from the G-10, an umbrella group for women's activists, KBC said.
The women's caucus caused a national debate when it urged women to withhold sex to protest increasingly frosty relations between President Mwai Kibaki and Prime Minister Raila Odinga.
Citizens of the east African nation are frustrated by a shaky coalition government, which was formed after post-election violence killed more than 1,000 people in 2008. The wrangling between Kibaki and Odinga has sparked fears of more violence.
Gender activists say they are not worried about the lawsuit.
"I have not been served with the papers, but I was told they are coming and I am eagerly waiting," said Ann Njogu, executive, director of Centers for Rights Education and Awareness. "It will be interesting to see the face of a man who is not willing to abstain for the sake of his country."
Wednesday, May 6, 2009
Financial Lovemaking: The Money Behind Nas and Kelis
Dr. Boyce and S. Tia Brown break down the divorce between the rapper Nas and his wife Kelis. Are there any financial lessons to be learned for other couples or is this just another crazy celebrity marriage? There’s more to this divorce than meets the eye.
Click the image to listen!
Tuesday, April 28, 2009
Dr Boyce Watkins to join AOL Black Voices
Syracuse, NY – Dr. Boyce Watkins of Syracuse University has recently joined America Online as a financial writer and expert commentator. He will be the resident Financial Expert for AOL Black Voices, the premier Black news website in America, with over 100,000 readers per day. Dr. Watkins has been on the faculty at Syracuse University for 8 years and has worked with many major media outlets, including CNN, BET, ESPN and CBS Sports. He is also the author of “Financial Lovemaking 101: Merging Assets with Your Partner in Ways that Feel Good”.
In his role with AOL Black Voices, Dr. Watkins will provide analysis on the economy, employment issues, celebrity finances, and money management. He will use his unique style of informative, compelling, yet down to earth financial analysis to promote financial literacy within the Black community. The site will syndicate his popular financial series' "Financial Lovemaking", co-hosted with S. Tia Brown (formerly a Senior Editor with "In Touch Weekly" Magazine) and "Get Your Paper Straight", a radio segment hosted with George Kilpatrick of Power 106.5 and WSYR radio.
Wednesday, April 22, 2009
Financial Lovemaking 101: Mel Gibson’s Wife Wants Half a Billion
In this episode of Financial Lovemaking, Dr. Boyce and S. Tia Brown discuss Mel Gibson’s Half billion dollar divorce, Beyonce and Jay-Z and whether men are uncomfortable earning less money than women. Click the image to watch!
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