May is National Mental Health Awareness Month and we wanted to highlight how finances can gravely affect someone's mental health. The constant need to balance your budget and constantly accounting for your rent/mortgage, paying for groceries, paying for bills, medical expenses and the need to save for retirement can be overwhelming for many people. According to the American Psychological Association, roughly 72% of adults report varying levels of stress that result from worrying about finances and 44% say their finances are the leading cause of their stress, meaning almost 3/4 of adults in the US will suffer from financial stress. With this article, we want to spread awareness of the negative impact of financial stress and the different coping mechanisms you can use to combat it and keep your mind at ease.
Fortune's 500 is the list of the largest companies in the United States by revenue and is a great barometer to figure out which US based companies are the most successful. If you were to take a look list for 2021 you will notice something that has been trending this way for the past several years, the largest amount of women that lead these companies. There are more companies lead by women CEOs on this list than ever before and it is showing the progress and strives women have made over the last several decades. While there is still work to be done in this area, we want to celebrate these women in order to encourage and inspire others to reach great heights.
Happy Black History Month! Every February, we dedicate this month to celebrating the many contributions of the African American community to our society. Being in the financial services industry, we at Vanderbilt are continuously inspired by Black and Brown entrepreneurs that have overcome extreme challenges to achieve greatness.
Madam C.J. Walker is recorded as the first self-made female millionaire in United States history. Read on to learn more about her story!
Happy Black History Month! Every February, we dedicate the month to celebrating the many innovations and achievements of African Americans, while also acknowledging the challenges the community has faced and continues to face.
The finance industry is one of many that highlight the inequalities that exist for African Americans. Banks and other financial institutions have contributed to systemic racism, while wealth and income disparities are a major cause of inequality.
As with other aspects in society, Black leaders have had to fight tooth and nail for financial equality in their communities. We honor those who broke barriers and fought for fairness for all. Read on to learn more about some of the most pivotal moments in Black history in the finance sector.
Is your New Year’s Resolution for 2021 to save more money?
The start of a new year is the perfect time to reassess your finances and make a plan to save more money. Check out these tips to increase your savings in 2021!