• About Us
  • Paper Locations
  • Contact
Hispanic News | Shirley Ann Flower Shop
Tuesday, June 28, 2022
MEDIA KIT
African American News and Issues
63 °f
Houston
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Announcements
  • Afram TV
  • Events
  • Entertainment
No Result
View All Result
African American News and Issues
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Announcements
  • Afram TV
  • Events
  • Entertainment
No Result
View All Result
African American News and Issues
No Result
View All Result
Home #NNPA BlackPress

Relearning: What Does Financial Freedom Look Like Today?

aframnews by aframnews
August 13, 2020
in #NNPA BlackPress, Business, Community, Coronavirus, COVID-19, Featured, Financial Management, National, News, NNPA, Wells Fargo
0
Relearning: What Does Financial Freedom Look Like Today?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
FacebookTwitterPinterestLinkedIn

The road to recovery from this crisis is full of unexpected twists, turns, and financial challenges. As you start having new questions, Wells Fargo is here to provide you with information to help you manage your finances in today’s world and develop a better picture of your financial reality.

You might also like

NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Roe Decision Could Spur Massive Voter Turnout During Midterms

How might consolidating my debt help lower my monthly payments?

Debt consolidation may be a good option if you’re trying to pay off higher-interest loans and credit cards while managing multiple payments. Paying off debt with a new lower-interest loan and a single monthly payment may help you lower your overall monthly expenses and create more flexibility in your budget.

How can I start to rebuild my savings?

While the effects of the ongoing health crisis may have drastically changed your budget, it is possible to get back on track. Creating and maintaining a savings plan that matches your current financial situation may be the best way to build towards the future. If you don’t have 3-6 months of cash savings to fall back on, now is the time to redirect your attention to creating a cushion for yourself. Start by taking a look at your expenses to determine what’s necessary and what you may be able to cut back on.

How should I approach saving for retirement in today’s climate?

Saving for the future, especially retirement, is a well-known best practice for building financial stability. When developing your retirement savings plan it’s best to base your investment decisions on when you’ll need access to your money. Generally, it’s best not to pull investments when the market is down. If you’ve already begun investing in a retirement account think carefully about whether or not it’s the right time to withdraw from it.

Is now a good time to invest?

During an economic downturn there are often unique opportunities for high-risk and potentially high-reward investments. If you’re feeling confident about your financial picture (including your savings and debt repayment plan) and would like to take advantage of such opportunities, now might be a good time to meet with a financial advisor for guidance. However, if you are generally risk-adverse, close to retirement, or have limited savings accrued, now may not be the right time to take on new investments.

Wells Fargo is with you as you embark on your road to recovery. To learn more about our COVID-19 relief efforts visit wellsfargo.com/heretohelp.

© 2020 Wells Fargo Bank N.A. all rights reserved. Member FDIC.


Tags: 3-6 months of cash savingsbudgetCOVID-19 relief effortsfinancial stabilityhealth crisishigh-reward investmentslow-interest loanretirementsaving for the futureWells Fargo
Share30Tweet19
aframnews

aframnews

Recommended For You

NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

by aframnews
June 28, 2022
0
NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

 By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia Ahead of the all-important 2022 midterm elections, reports show that more than 55 million Americans remain unregistered to...

Read more

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

by Chelsea Davis-Bibb
June 27, 2022
0
Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Former President Donald Trump’s Make America Great Again cry proved an easy between-the-lines moniker, but even that stood as a dog whistle – until now. By Stacy M....

Read more

Roe Decision Could Spur Massive Voter Turnout During Midterms

by Chelsea Davis-Bibb
June 27, 2022
0
Roe Decision Could Spur Massive Voter Turnout During Midterms

With the U.S. Supreme Court overturning the landmark Roe v. Wade statute and effectively taking away reproductive rights, some believe voters are now galvanized and poised for a...

Read more

Celebrating Black Fatherhood Excellence Houston Morehouse Alumni 10th Annual Father’s Day Brunch

by aframnews
June 27, 2022
0
Celebrating Black Fatherhood Excellence Houston Morehouse Alumni 10th Annual Father’s Day Brunch

By: Crystal LaShan For ten years, the Houston Morehouse Alumni Association (HMAA) has produced first-class celebrations of Black Fatherhood. Young black boys need to see successful Black Male...

Read more

Congressman Al Green and the LGBTQIA+ Community

by aframnews
June 26, 2022
0

(Houston, TX) – On Saturday, June 25, 2022, Congressman Al Green, a proud ally of the LGBTQIA+ community, released the following statement in commemoration and celebration of June as LGBTQIA+...

Read more
Next Post
#FIYAH! LIVESTREAM — Dr. Anthony Fauci Discusses COVID-19 Impact with BlackPressUSA

#FIYAH! LIVESTREAM — Dr. Anthony Fauci Discusses COVID-19 Impact with BlackPressUSA

Latest Articles

Is TSU An Ebony Tower?

Is TSU An Ebony Tower?

June 28, 2022
NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

NNPA and Transformative Justice Coalition Announce National GOTV Campaign Targeting 10 Million More Black Voters

June 28, 2022
Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

June 27, 2022

NEED PAST ISSUES?

Search our archive of past issues Receive our Latest Updates
* indicates required
  • Local
  • National
  • Community
  • Education
  • Politics
  • COVID-19
  • Entertainment
  • Lifestyle
  • Sports

ARTICLES

  • Local
  • National
  • Community
  • Education
  • Politics
  • COVID-19
  • Entertainment
  • Lifestyle
  • Sports

CONNECT WITH US

  • Home
  • Advertise With Us
  • Contact

OTHER PUBLICATIONS

  • Hispanic News
  • Shirley Ann’s Flower Shop
African American News and Issues

African American News & Issues
6130 Wheatley St
Houston, TX 77091
(713) 692-1892

Subscribe To Our Newsletter

Copyright © 2022. African American News & Issues. All rights reserved. Private Policy | Terms of Use |

No Result
View All Result
  • Home
  • National
  • Local
  • Opinion
  • Sports
  • Education
  • Health
  • Politics
  • Entertainment
  • Announcements
  • Events
  • Afram TV
  • Contact

Copyright © 2022. African American News & Issues. All rights reserved. Private Policy | Terms of Use |

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?