Blog

GenRise Participates in Economic Empowerment Conference in Baltimore, MD

By GenRise | May 30, 2018 | 0 Comments

Written by Robby Thomas On April 20th, 2018, visionary Dr Kenneth Robinson, Pastor of Dream Life Worship Center, in Randallstown and a host of leaders in business, government and non-profit sectors hosted an economic empowerment conference at Morgan State University Business Center. The two-day conference featured world re-known speakers and authorities on the issue of […]

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Six Credit Building Steps To Improve Your Credit Score

By GenRise | February 13, 2018 | 0 Comments

Building step 1: Never miss payments Just in case you’re wondering, the worst mistake you can make that negatively affects your credit rating is late payments. Based on FICO’s credit formula, your payment history accounts for 35% of your credit score. Your credit payments are reported by your creditors every 30 days to the credit bureau. […]

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How to choose a credit counseling agency- 3 things to look for

By GenRise | February 13, 2018 | 0 Comments

Maybe you’re having difficulty keeping up with those monthly credit card bills. It could be student loans or even those old medical bills. Either way, you’re in way over your head and feel a bit overwhelmed. You may be looking for some direction in terms of managing your debt but, you’re not quite sure what […]

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3 Reasons To Repair Your Own Credit

By GenRise | February 13, 2018 | 0 Comments

Even with many years of experience in the financial field, I still found it intimidating to deal with the issue of repairing my own credit.  After being on the verge of entrusting the process to credit repair professionals, I decided to take some initiative and learn about the credit scoring systems on my own. Here […]

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6 Lessons I’ve Learned About Money

By GenRise | February 10, 2018 | 0 Comments

Experience is a great teacher. And experiences with money can provide some of the most important lessons of all.  Have you ever said to yourself, “Man, I wish I had done this or that” or, “I wish I hadn’t done this or that,” you’re not alone.  It is very important that you take a moment […]

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8 Reasons Why You Need A Budget

By GenRise | November 7, 2017 | 0 Comments

May 27th, 2017 Budgeting is one of the best practices you can use to effectively manage your household spending. Here are 8 Reasons Why You Need A Budget. 1) Order in the House (The Fundamental Importance of Budgeting) One of the primary reasons you need a budget is to create a blueprint or a structural […]

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Understanding The Difference Between Saving and Investing

By GenRise | November 7, 2017 | 0 Comments

                May 28th, 2017 Most of us have heard the terms,“saving” and “investing” at one point or another.  These terms are often referred to in the context of a financial conversation. Much like myself, you may have heard these terms as a child while listening in on adult conversation. […]

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Building Savings Through Trust and Community

By GenRise | October 24, 2017 | 0 Comments

My wife and I were discussing a recent article. The article shared some of the unique ways families were able to save money. I shared with her one of the ways my grandmother had saved money in the Caribbean island of Trinidad and Tobago. She called it “sou sou” (check out this Essence Magazine article […]

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How to get out of debt and save

By GenRise | October 24, 2017 | 0 Comments

For anyone trying to get out of debt and save, finding ways to do both effectively is a major priority. If you’re opting to do it on your own, you must be both disciplined and creative. One do- it- yourself method involves reviewing your budget to create some wiggle room or cost savings which can […]

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4 Key Concepts That Teach Children About Money

By GenRise | August 25, 2017 | 0 Comments

Understanding and promoting the importance of financial literacy has been a part of our national dialogue for well over 200 years. Consider this letter written by John Adams to Thomas Jefferson recognizing the need for financial literacy, “All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not […]

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