Femi Lewis

Finurah • February 22 2023

Black Americans With Medical Debt Can Receive Support from Local Government Agencies

A recent survey has found that an estimated 56 percent of Black American adults have debt related to medical or dental bills. In response several municipalities are stepping up to offer support to alleviate the financial burden.

The KFF Health Care Debt Survey found that more than half of Black Americans carried medical debt. This was in sharp comparison to the 37 percent of white Americans who also had medically related debt. The survey, conducted by the Kaiser Family Foundation, also revealed

Finurah • December 28 2022

Here Are Five Financial Moves to Make Before 2023

As 2022 comes to a close, it is time to begin thinking of how to manage our funds in 2023. As experts anticipate a recession and interest rates are rising, now more than ever we must manage our finances well. Here are five tips that will help you prepare for a strong financial footing in 2023.

With rising interest rates, inflation, and a recession on the horizon, reviewing and updating your budget is necessary.

“With the start of a new year should be the start of a new budget,” Kendall Meade,

Finurah • July 28 2022

Forgotten Checking Accounts, Refunds, or Utility Deposits: State Treasury Departments Are Encouraging Residents and Businesses to Check if You've Got Unclaimed Money. Here's How.

A North Carolina-based addiction recovery center recently received a check for $13,000. The money was not from a former resident or a private donation. Instead, the check was from researching unclaimed funds on the state’s database, NCCash.com.

Incidents like this are possible in cases of unclaimed funds where monies from private accounts are forgotten. It’s not uncommon for a check to be sent and never arrive at its destination and never get cashed. Or, for someone to die and leave money in a

Finurah • May 27 2022

Stop Passing Around the Basket to Bury Someone: How the Black Community Can Leave Behind Wealth Instead of Debt

Estate planning is a key component of passing on generational wealth. Yet for Black Americans, the ability to pass on generational wealth has been a struggle.

Data from the U.S. Census and independent study findings reveal that Black Americans lag behind other racial groups in their ability to create and pass on wealth to future generations.

According to the Federal Reserve System’s 2019 Survey of Consumer Finances, the median wealth of white families was eight times that of Black American fam

Finurah • November 23 2021

Owning a Primary Residence Is Not the Only Way to Invest In Real Estate: Five Tips to Purchasing a Rental Property

Finurah will be bringing you a series of articles discussing the difficult choices associated with purchasing a home. Homeownership is one of the main ways to build generational wealth and to help close the racial wealth gap. But it takes more than a mortgage to buy a home, and Finurah will help you prepare for future homeownership.

Seven years ago, while visiting Ohio, Hogarth Louis discovered a great opportunity: investing in rental property.

For Louis, a New York City resident, there were m

Finurah • November 9 2021

Not Ready for a Mortgage Debt? 5 Things You Can Say to Someone Who Urges You to Buy a Home Instead of Renting

Finurah will be bringing you a series of articles discussing the difficult choices associated with purchasing a home. Homeownership is one of the main ways to build generational wealth and to help close the racial wealth gap. But it takes more than a mortgage to buy a home, and Finurah will help you prepare for future homeownership.

A majority of your 30-something friends are buying homes. Your family keeps pressuring you to become a homeowner. While it might be tempting, you just don’t feel re

Finurah • November 2 2021

Ready to Become a Homeowner? 5 Questions To Ask Yourself Before Saying 'I Do' to Home Buying

Finurah will be bringing you a series of articles discussing the difficult choices associated with purchasing a home. Homeownership is one of the main ways to build generational wealth and to help close the racial wealth gap. But it takes more than a mortgage to buy a home, and Finurah will help you prepare for future homeownership.

Buying a home is a big step, and it’s more than the “American Dream.” Homeownership is one of the greatest assets Americans can achieve. The equity earned from home

Finurah • October 8 2021

Building a Strong Personal Finance Ecosystem Will Enhance Wealth-Building Opportunities

Often, we are taught to save our money and use a financial adviser to assist us in wealth building. But have we ever considered how our relationship with money will allow us to generate wealth for our families? The National Endowment for Financial Education (NEFE) has developed a framework known as a personal finance ecosystem that defines our individual financial well-being.

Founded in 1972, NEFE produces free financial educational tools to help people make more empowered money decisions. It a