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Business

The business of the arts

The business of the arts

ON OUR WAY TO WEALTHY This month, "On Our Way To Wealthy" probes the business of the arts.

Cities across the country are seeking to strike a balance between the budgets required for public safety – su

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Top 10 credit tips

Top 10 credit tips

April has been declared Financial Literacy Month in Memphis and the rest of the nation. This special, month-long observance should cause us to reflect more intently on financial literacy, which has received significant attention as a result of the Great Recession.

The loss of personal wealth by many households brought to the forefront the fact that too many adults, including those who are about to leave for college or enter the workforce, lack basic knowledge of financial topics.

This issue is of particular concern here because the Greater Memphis area in February was rated as having the lowest overall consumer credit score in the United States by Trans Union Credit Report Company. In addition, the City of Memphis has one of the largest amounts of unbanked and underbanked residents in the country.

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Estate planning tools you need to know about

Estate planning tools you need to know about

 

Charles Sims Jr., CFP

Special to The New Tri-State Defender

What key estate planning tools should you know about?

Here’s a list to get you started.

Wills and trusts are two of the most popular estate planning tools. Both allow you to spell out how you would like your property to be distributed, but they also go far beyond that.

Just about everyone needs a will. Besides enabling you to determine the distribution of your property, a will gives you the opportunity to nominate your executor and guardians for your minor children.

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Tax time – A reminder of the basics

Tax time – A reminder of the basics

We are quickly coming upon the deadline that many Americans not receiving a refund truly despise – April 15, the last day to file individual tax returns.

With Benjamin Franklin's admonition in mind – "...nothing is certain but death and taxes" – and serving as point of reference, here are some basics to help out those who have not yet done their tax duty.

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Wages stink at America's most common jobs

Wages stink at America's most common jobs

America's most common jobs come with lousy pay.

Workers in seven of the 10 largest occupations typically earn less than $30,000 a year, according to new data published Friday by the Bureau of Labor Statistics. That's a far cry from the nation's average annual pay of $45,790.

Food prep workers are the third most-common job in the U.S., but have the lowest pay, at a mere $18,720 a year for 2012. Cashiers and waiters are also popular professions, but the average pay at these jobs tallies up to less than $21,000 annually. There are 4.3 million retail sales workers out there, making them the most common job, but the position pays only $25,310 for the year.

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  • Written by Tami Luhby/CNNMoney

Property ownership: What’s the best form for me?

Property ownership: What’s the best form for me?

In planning your estate, it is customary to consider wills and trusts (as well as intestacy) as a means of property distribution. As a matter of fact, the manner in which you hold title to your assets may supersede provisions contained in other transfer documents. Likewise, significant tax benefits can be gained (or lost) depending on the characterization of your property.

Let's take a look at the general classifications of ownership.

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Byrd helps Ronald McDonald House maintain business-with-heart course

Byrd helps Ronald McDonald House maintain business-with-heart course

Throughout Women's History Month, we have recognized women who are making an impact in their industries. We close out our month-long salute with a conversation with Caron Byrd, who is making a difference in the community through a great cause, Ronald McDonald House.

Frequently when we talk about business, we are referring to "for profit" entities. The same knowledge and skill sets are required to effectively run a non-profit. As the executive director of Ronald McDonald House, Byrd directs one of the most successful non-profits in the area.

Carlee McCullough: Tell us about yourself.

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Using Your Inner Hustler to Turn Passion to Profit

Using Your Inner Hustler to Turn Passion to Profit

 

Just as with Black history month, the concept of solidarity among members of a race, class or gender is based on shared conditions, experiences and concerns. Following the Michigan Chronicle’s recent recognition of Women of Excellence and now at the conclusion of Women’s history month, an examination of the sisterhood of women is more than a

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  • Written by Roz Edward, National Content Director

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