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.
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.
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October 16, 2023, HOUSTON, TX – Congressional Candidate Amanda Edwards has raised over $1 million in less than 4 months, a substantial sum that helps bolster the frontrunner status of the former At-Large Houston City Council Member in her bid for U.S. Congress. Edwards raised over $433,000 in Q3 of 2023. This strong Q3 report expands on a successful Q2 where Edwards announced just 11 days after declaring her candidacy that she had raised over $600,000. With over $829,000 in cash-on-hand at the end of the September 30th financial reporting period, Edwards proves again that she is the clear frontrunner in the race. “I am beyond grateful for the strong outpouring of support that will help me to win this race and serve the incredible people of the 18th Congressional District,” said Edwards. “We are at a critical juncture in our nation’s trajectory, and we need to send servant leaders to Congress who can deliver the results the community deserves. The strong support from our supporters will help us to cultivate an 18th Congressional District where everyone in it can thrive.” Edwards said. “Amanda understands the challenges that the hard-working folks of the 18th Congressional District face because she has never lost sight of who she is or where she comes from; she was born and raised right here in the 18th Congressional District of Houston,” said Kathryn McNiel, spokesperson for Edwards’ campaign. Edwards has been endorsed by Higher Heights PAC, Collective PAC, Krimson PAC, and the Brady PAC. She has also been supported by Beto O’Rourke, among many others. About Amanda: Amanda is a native Houstonian, attorney and former At-Large Houston City Council Member. Amanda is a graduate of Eisenhower High School in Aldine ISD. Edwards earned a B.A. from Emory University and a J.D. from Harvard Law School. Edwards practiced law at Vinson & Elkins LLP and Bracewell LLP before entering public service. Edwards is a life-long member of St. Monica Catholic Church in Acres Homes. For more information, please visit www.edwardsforhouston.com
As September 13th rolls around, we extend our warmest birthday wishes to the creative powerhouse, Tyler Perry, a man whose indomitable spirit and groundbreaking work have left an indelible mark on the world of entertainment. With his multifaceted talents as an actor, playwright, screenwriter, producer, and director, Tyler Perry has not only entertained but also inspired audiences worldwide, particularly within the African-American community, where his influence and role have been nothing short of powerful. Born in New Orleans, Louisiana, in 1969, Tyler Perry’s journey to stardom was a path riddled with adversity. Raised in a turbulent household, he found refuge in writing, using it as a therapeutic outlet. This period of introspection gave rise to one of his most iconic creations, Madea, a vivacious, no-nonsense grandmother who would later become a beloved figure in Perry’s works, offering a unique blend of humor and profound life lessons. Despite facing numerous challenges, including rejection and financial struggles, Perry’s determination and unwavering belief in his abilities propelled him forward. In 1992, he staged his first play, “I Know I’ve Been Changed,” which, although met with limited success, was a pivotal moment in his career. Unfazed by initial setbacks, Perry continued to hone his craft, and by 1998, he had successfully produced a string of stage plays that showcased his storytelling prowess.
Calling all teenage student-athletes! If you have dreams of playing college soccer and wish to represent an HBCU, the HBCU ID Camp is your golden opportunity. From 8 am to 5 pm on November 11-12, Houston Sports Park will transform into a hub for aspiring male and female soccer players. Coaches from HBCUs across the nation will be present to evaluate, scout, and offer valuable feedback. Moreover, they might even spot the next soccer prodigy to join their collegiate soccer programs. This camp is not just about honing your soccer skills but also a chance to connect with the HBCU soccer community. You’ll learn the ins and outs of what it takes to excel on the field and in the classroom, which is crucial for a college athlete. The HBCU ID Camp is an excellent platform to network with coaches, learn from experienced athletes, and take the first steps toward your college soccer journey. To secure your spot at this incredible event, don’t forget to register [here](insert registration link). Space is limited to 120 participants, so make sure to reserve your place before it’s too late. It’s time to turn your dreams of playing college soccer into a reality.
