Abacus Financial Business Management

Wendy Williams’ legal team is after Lifetime for the revealing documentary into her health and finances and believes she is owed compensation.

Wendy Williams Lawsuit Wants All Profits From Lifetime Documentary To Fund Medical Care Wendy Williams' legal team is after Lifetime for the documentary into her health and finances and believes she is owed compensation.

📊 Rising Debt Concerns Alert 📊

Recent surveys show that more consumers are worried about missing debt payments, with the probability now at its highest level since April 2020. 📈

Yet, despite these concerns, spending is still on the rise, even outpacing inflation and income growth. Many households appear to be leaning on credit just to keep up. 💳

It's time to reassess financial habits and prioritize stability—credit can be a short-term fix, but it may lead to long-term challenges!



Stay aware and plan ahead!

There's still time to earn interest, just at a lower rate.

Your Savings Rate Is About to Drop, Experts Say. Here's How to Prepare

We’re delighted to feature the talented Belva, Founder and Principal of Abacus Financial Business Management, as our guest on this episode of Shamelessly Shontay! ✨

A California native, Belva expertly manages the financial affairs of entertainment professionals, creative corporate executives, and their closely held businesses, covering everything from accounting and bookkeeping to tax preparation and payroll. As the middle child of three, she learned early on how to stand out and make a difference. Join us as we explore her journey and her unique approach to financial management!

Join us tomorrow at 6:30 am PT to explore Belva’s inspiring journey as the Founder and Principal of Abacus Financial Business Management and her expertise in managing the financial affairs of top entertainment professionals and executives. Catch us on 92.3, the iHeart app, Apple Podcasts, or Spotify. Don’t miss this insightful episode! 🔥


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This was so much fun!

Frankie Beverly, the legendary R&B singer, songwriter, and producer, passed away on September 10, at the age of 77. His family announced the news early Wednesday morning, with a heartfelt post on social media.

Frankie Beverly, Legendary Soul Singer And Founder Of Maze, Dies At 77 | Essence On Wednesday morning, Beverly's family announced that the ESSENCE Festival icon passed away September 10.

:💡 Savings vs. Spending: The Gen Z Shift 🌍💸

We’re seeing a major generational shift in how people manage their money. While older generations emphasize long-term savings, Gen Z is embracing "soft saving." 💼✨
Instead of traditional retirement goals, Gen Z is prioritizing immediate gratification—investing in experiences like travel, entertainment, and self-care. This trend influences everything from where they spend their money to how they invest for the future. 🎶✈️

While saving still matters, this generation is focused on living for today without losing sight of tomorrow. 🌱

Are you a traditional saver or a soft saver? Let’s chat about it below! 👇

According to Bespoke Investment Group, October has historically been the month the biggest stock market surges have begun.

Get ready for a massive stock market rally, if history is any guide

This is DEFINITELY worth a listen! 🫶🏾

ELLIS -vs- ELLIS!! 🤞🏾 This week sits down with to discuss the fear of success, how to unlock creative ambition, and resisting the urge to rush through life.
The new episode drops on this Thursday 9/5 ! 🎙️ 🎧
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St. Mary's Academy received $100,000 from the former basketball player who pledged to give the school $100,000 annually for the next nine years.

Charles Barkley Makes First Payment Of Promised $1M To New Orleans Prep School St. Mary's Academy received $100,000 from Charles Barkley who pledged to give the school one million dollars

Every year between January 15 and April 15, accountants pause their social calendars and expand their professional calendars while taxpayers anxiously await updates on their potential tax returns. While Americans must recognize tax season, there are several simple, enhanced ways to prepare your finances for the upcoming tax period, ultimately making it less harrowing.

If you want to better prepare yourself and your finances, midyear is arguably the best time to begin strategizing your tax game plan for the impending year. Reviewing the previous year’s tax breakdown will allow you to adjust for expected changes. When you have a firm understanding of what occurred the previous year, you will ultimately have a better idea of what is likely to happen over the remainder of the year.

Every year between January 15 and April 15, accountants pause their social calendars and expand their professional calendars while taxpayers anxiously await updates on their potential tax returns. While Americans must recognize tax season, there are several simple, enhanced ways to prepare your finances for the upcoming tax period, ultimately making it less harrowing.

Council Post: How To Up Your Tax Season Game: Tips To Be Successful In 2025 If you want to better prepare yourself and your finances, midyear is arguably the best time to begin strategizing your tax game plan for the impending year.

Exciting news! 🎬 Nik Dodani's () new film Blue Boy is set to have its World Premiere next month at the 29th Busan International Film Festival in South Korea!

Out of 4,351 submissions, Blue Boy is 1 of just 10 short films selected—and the only American film in the section. Stay tuned for more updates as we get closer to the premiere!

: 💳 Buy Now, Pay Later: Convenient or Risky? 🤔

BNPL services like Afterpay, Klarna, and Affirm are changing the way we shop, offering the flexibility to split payments over time with no interest. It's a great way to manage big purchases or unexpected expenses without a credit card.

Benefits:

Flexibility: Spread out payments to fit your budget.
No Interest: Most BNPL plans don’t charge interest if payments are made on time.
Instant Gratification: Get what you want now, pay later.
But, there are risks too:

Debt Trap: It’s easy to overspend and accumulate debt.
Credit Impact: Missed payments can hurt your credit score.
Hidden Fees: Some BNPL services may charge late fees if you're not careful.
💡 Tip: Use BNPL services wisely. Budget your payments, set reminders, and make sure you're not spending more than you can afford. Stay informed to keep your finances healthy! 💪

It's normal to feel worried about dips in stock prices or excited about an investment opportunity — but do not let it cloud your judgement.

4 tips to keep your emotions out of investing It's normal to feel worried about dips in stock prices or excited about an investment opportunity — but do not let it cloud your judgement

On my journey to entrepreneurial excellence, I'm dedicated to sharing the financial insights I've gained. I reach out to inspire future entrepreneurs, CEOs, and leaders, showing them how to build and maintain wealth across generations.
I've been honored to speak on various platforms:

✅ Featured on CBS's 'The Insider' to chat about "Navigating Tax Challenges for Entertainers & Athletes"

✅ Invited on 'The Tammi Mac Late Show' to delve into "Empowering Black Communities Financially"

✅ Joined panels like 'Diverse Representation' to explore "Financial Empowerment for Creatives"

✅ Interviewed by 'MyFabFinance' on "Thriving in Times of Uncertainty"

✅ Keynoted at 'Werk2Wellness: A Virtual Summit by Rochelle Graham', and shared insights on POC entertainment panels

✅ Hosting "The Earn Up" on YouTube powered by

✅ Created and moderated a panel for 2024 SXSW

Reach out if you're interested in having me speak at your event or for more details on my speaking engagements.

Netflix‘s Sprint docuseries has set November 13 for the premiere of its Olympics-themed second season.
Season 2 will follow Noah Lyles, Gabby Thomas and other elite athletes from the Olympic trials through the Paris 2024 Olympics as they strive for gold.

Olympics-Themed ‘Sprint’ With Gabby Thomas & Noah Lyles Sets Season 2 Premiere Date Netflix's Sprint docuseries has set November 13 for the premiere of its Olympics-themed second season.

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🚨 **Student Loan Update** 🚨 The Department of Education has paused payments for 8 million borrowers enrolled in the new SAVE plan due to ongoing legal challenges. This move adds uncertainty for many who were counting on reduced payments and potential forgiveness. If you're affected, stay informed and keep an eye on updates from your loan servicer. 📚💰

It may be difficult to conjure up visions of snowy holiday scenes when the temperature outside is over 90 degrees, but many financial experts recommend starting to save for the holidays now to soften the blow to your budget.

Avoid Holiday Debt With These 6 Expert-Level Tips (Even If You Have $0 Saved) Start small with these savings tricks to help you stay on track through the new year.

Abacus Financial Group tailors our services to your personal and business goals, prioritizing your needs over standard formulas and ratios. Our clients see us as trusted business advisors dedicated to long-term success.
We understand what creatives need: solid financial information, practical advice, and straightforward explanations.
Our team of professionals is always available to assist, handling your financial tasks so you can concentrate on revenue-generating activities. Trust Abacus Financial to provide expert Business Management services for you and your business.

Interested in learning more? Contact me today!

afinancialgroup.com

Dr. Dre is expanding his reach within the Los Angeles school system by launching his second academy in two years.

Dr. Dre And Jimmy Iovine Open New High School In Inglewood

: if you struggle with budgeting, try zero based budgeting.

Zero-based budgeting is a financial strategy where every expense must be justified from scratch each budget cycle, instead of simply adjusting previous budgets. This approach ensures that resources are allocated based on current needs and priorities, leading to more efficient spending, reduced waste, and better financial control. It’s a proactive way to maximize value and align spending with strategic goals.

Another rate pause means you still have time to maximize your earnings, but the clock is ticking.

The Fed Rate Pause Is Great for Savers. Here’s How Another rate pause means you still have time to maximize your earnings. But the clock is ticking.

Abacus Financial can make the most of your money with our packages and personal service! ⠀
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Contact us today for more details.

afinancialgroup.com

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The streamer is in the early stages of development on a sequel series to A Different World, the 1987-93 NBC sitcom that was set at a historically Black university. The new project would center on the youngest daughter of Whitley (Jasmine Guy) and Dwayne Wayne (Kadeem Hardison), now a student at Hillman.

‘A Different World’ Sequel in the Works at Netflix The potential series would center on the daughter of Jasmine Guy and Kadeem Hardison's characters.

: Back-to-school shopping season might be in full effect, but the smart shoppers know that NOW is the perfect time to save for next year! Take advantage of clearance sales and stock up on supplies at a fraction of the price. A little planning ahead can lead to big savings!

If you don't have the space to store extra supplies, consider teaming up with other parents to buy in bulk. 🛒📚

A global market meltdown continued Monday as the Dow Jones Industrial Average dropped by 1,000 points before recovering slightly on fears the U.S. economy was weakening and a series of other concerns combined to throw investors worldwide into a panic.

Reason to Panic? The Global Stock Market Plunge, Explained Stocks sold off worldwide and investors are scrambling for the reasons. And there are plenty of them.

Disney was hit with layoffs on Wednesday as approximately 140 employees, or 2% of its workforce, were let go in the television division.

No teams are being eliminated, but National Geographic, locally owned television stations, Freeform, as well as the network’s marketing and publicity teams, will primarily be affected by cuts.

Disney Lays Off 140 Employees in Television Division Disney was hit with layoffs on Wednesday as approximately 140 employees, or 2% of its workforce, were let go in the television division.

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📚✏️ Back-to-School Shopping Tips to Save Money! ✏️📚

1️⃣ **Shop Sales and Use Coupons**: Keep an eye out for sales, discounts, and special promotions. Check online for coupons and cashback offers to maximize your savings.

2️⃣ **Buy in Bulk**: Purchase items like notebooks, pens, and pencils in bulk to save money in the long run. Share the cost with friends or family if needed!

3️⃣ **Reuse and Recycle**: Before hitting the stores, check what supplies you already have at home. Reuse last year's backpack, lunchbox, or leftover supplies to cut down on costs.

Happy shopping and saving! 🛍️💸