MyTenSense.com

Government adds new programs to help with student loans

Teneshia LaFaye — Fri, 18 May 2012 19:48:58 +0000

I’ve said it before and I will say it again. If you’re in college or considering going to college, you should avoid getting student loans at all costs because it’s hard to get a job in the field of your degree and the debt weighs you down for a good portion of your life [...]

Half of Americans are wise to skip retirement savings

Teneshia LaFaye — Wed, 16 May 2012 01:08:14 +0000

I recently read a study that 49% of Americans aren’t saving any money toward their retirement.

That’s not shocking at all when you consider a U.S. Census in December revealed that 48% percent of Americans are considered poor or low income.

Given these circumstances, I think it’s wise that half of Americans aren’t [...]

Blacks against gays is ironic and wrong

Teneshia LaFaye — Mon, 14 May 2012 23:55:54 +0000

Early white U.S. settlers used The Bible to justify turning blacks into slaves, but later whites were labeled racists if they were against blacks obtaining equal rights to be served inside of restaurants, to vote in elections, to marry outside of their race and to own property during the Civil Rights Movement of [...]

My uncle makes rap video for Jags owner Shahid Khan

Teneshia LaFaye — Sun, 13 May 2012 22:37:35 +0000

My uncle Yusef Bilal has written and produced a rap video for Jacksonville Jaguars NFL owner Shahid Khan. My uncle, a Jacksonville native and a retired Air Force veteran, also has designed a Shahid Khan magic wand that the Jags boss has appeared to take a liking to in the video. See the [...]

In defense of former NFL star T.O. not paying child support

Teneshia LaFaye — Thu, 10 May 2012 15:05:52 +0000

I felt so bad for former NFL star Terrell Owens when three of the four mothers of his four children chastised him during a recent episode of the Dr. Phil Show.

The ladies were complaining about the fact that T.O. has stopped paying each of them $10,000-$20,000 per month in child support for each [...]

NFL rookies should be careful with their money

Teneshia LaFaye — Sat, 05 May 2012 14:15:28 +0000

This weekend, drafted and undrafted rookies in the National Football League are participating in mini camp to ease them into the mental and physical challenges of playing at the professional level before they are grouped with veterans during summer training camp.

Many of these rookies won’t make a regular-season NFL roster. Regardless of whether [...]

Unsettling news about your future Social Security payout

Teneshia LaFaye — Wed, 02 May 2012 02:34:35 +0000

Earlier today, I found out some unsettling news about Social Security that is likely to upset many others when they find out, which is probably why the U.S. government never made an official announcement.

I was informed of an unsettling decision the government made to save millions while throwing American workers’ future retirement into [...]

If you don’t have the money, you should charge it, right?

Teneshia LaFaye — Sun, 29 Apr 2012 19:04:19 +0000

Wrong. As I’ve said before, you shouldn’t be using credit cards if you don’t have money saved for a rainy day.

So you certainly shouldn’t use a credit card if you’re broke.

Yet, that’s exactly what a cashier expected me to do earlier today.

I took my youngest son shopping at Kohl’s for [...]

More reasons to avoid student loans

Teneshia LaFaye — Fri, 27 Apr 2012 19:55:30 +0000

If you’ve been reading my blog lately, you know that I despise student loans because it’s the only debt that cannot be dumped in bankruptcy, and many people who have student loans aren’t even working in the profession to justify borrowing money for college.

Americans owe more in student loans than they do in [...]

How to make your money double for retirement

Teneshia LaFaye — Wed, 25 Apr 2012 22:41:25 +0000

When I spoke to a group of college freshmen yesterday, one of the students asked me if a financial advisor was correct that if he invests $1,000 at the age of 18, it would grow to $500,000 by the time he retires.

I initially said, “no” the financial advisor was incorrect. But then I [...]