Dr. Boyce Watkins on MSNBC: The State of the US Economy
Friday, February 5, 2010
Wednesday, February 3, 2010
Black News: Homeowners Walking Away from Mortgages
updated 12:25 a.m. ET, Wed., Feb. 3, 2010
In 2006, Benjamin Koellmann bought a condominium in Miami Beach. By his calculation, it will be about the year 2025 before he can sell his modest home for what he paid. Or maybe 2040.
“People like me are beginning to feel like suckers,” Mr. Koellmann said. “Why not let it go in default and rent a better place for less?”
After three years of plunging real estate values, after the bailouts of the bankers and the revival of their million-dollar bonuses, after the Obama administration’s loan modification plan raised the expectations of many but satisfied only a few, a large group of distressed homeowners is wondering the same thing.
Friday, January 29, 2010
Wednesday, January 20, 2010
Does Marriage Make You Better Off Financially?
Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost from tying the knot, according to a new analysis of census data.
The changes, summarized in a Pew Research Center report being released Tuesday, reflect the proliferation of working wives over the past 40 years — a period in which American women outpaced men in both education and earningsgrowth. A larger share of today's men, compared with their 1970 counterparts, are married to women whose education and income exceed their own, and a larger share of women are married to men with less education and income.
"From an economic perspective, these trends have contributed to a gender role reversal in the gains from marriage," wrote the report's authors, Richard Fry and D'Vera Cohn.
Friday, January 8, 2010
Why Black Women Are Not Getting Married
Dr. Boyce Watkins and S. Tia Brown discuss some of the reasons that Black women are deciding not to get married.
Why Black Women Are Not Getting Married
Dr. Boyce Watkins and S. Tia Brown discuss some of the reasons that Black women are deciding not to get married.
Tuesday, December 8, 2009
Dr. Boyce Watkins: Tiger Woods’ Women Will Cost Him $100 Million Dollars
by Dr. Boyce Watkins, AOL Black Voices
The last thing I expected to be thinking about after getting off an airplane are Tiger Woods' women and his indiscretions. I've seen married men misbehave before, and I honestly thought we were at the "no big deal, he'll get over it" stage when it came to Tiger Woods and his corporate brand. The problem is that the list of Tiger Woods women has gotten so long that it's making him look like a PGA version of Wilt Chamberlain or Charlie Sheen.
Tiger Woods does not have a brand that will be able to withstand long lists of cocktail waitresses and "sex addicted cougars" (according to the New York Post), even if the media is exaggerating in their descriptions. The truth is that as great of a golfer as Tiger Woods might be, it could be the women of Tiger Woods who cost him a substantial piece of his fortune.
I spoke recently about how Saturday Night Live went over the line by making light of the alleged domestic violence between Tiger and his wife, Elin Nordegren. While I stand by that perspective (we would never excuse Tiger for trying to whack his wife in the head with a golf club), the truth is that there are broader implications for the fact that the list of Tiger Woods women just happens to be longer than the Dead Sea Scrolls. Whether Tiger likes it or not, the truth is that there are thousands of women across America who are cheering for Elin's decision to chase her husband with a deadly weapon. This has huge implications for Tiger's ability to sell products to American families, where women are the primary decision-makers in household consumption.
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?
Wednesday, November 25, 2009
Wednesday, November 11, 2009
Dr. Boyce Watkins: How Rihanna Is Profiting from Her Tragedy
by Dr. Boyce Watkins, Syracuse University, Your Black World
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.
Thursday, October 22, 2009
The Triple Threat: Wife, Mother and Business Woman
by Dr. Boyce Watkins, AOL Black Voices, Your Black World
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 Lovemaking: Man Shoots Boy for Sleeping 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?
Monday, October 19, 2009
Dr Boyce Watkins: Nas and His Tax Problems – What We Can All Learn
by Dr. Boyce Watkins, AOL Black Voices, Syracuse University
Hip Hop Wired is reporting that the rapper Nas is having some serious financial problems. In addition to owing his wife Kelis $44,000 per month in child support, it turns out that the artist also owes the federal government another $2.5 million in taxes. Here are quick thoughts about Nas, love and money:
1) Nas has a complicated life. His decision to marry the "love of his life" is going to cost him for the rest of his life. The rapper's tax situation could be due to irresponsibility (as appears to be the case with Method Man and Nicolas Cage), or it could simply be a matter of using write-offs that were not allowed by the IRS. We can't assume that Nas' tax trouble automatically makes him into a horrible citizen.
Thursday, October 15, 2009
American Express CEO Says Disaster was Averted in Money Crisis
American Express CEO Ken Chenault says disaster was averted in the financial crisis - do you agree?
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?
Wednesday, September 30, 2009
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