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Play the Hand You’re Dealt & Let the Chips Fall Where They May: Meet Jamaree’ James



NEW YORK, NY / ACCESSWIRE / August 13, 2020 / Jamaree’ James is a transcendent Serial Entrepreneur, who resides in Atlanta, Georgia. To date Jamaree’ has worked in Corporate America along with various industries including Forex, Crypto, Stocks, Airbnb, Credit Repair, Travel Hacking, and Amazon Automation. The former D2 Athlete who played four years at The University of West Georgia, has always been geared towards finding ways to build his wealth and stay goal oriented. With former aspirations of a career long term in football, Jamaree’ made a turn into online ventures over the past two years. During this time Jamaree’ has developed key characteristics that have allowed him to successfully catapult into different industries and start to build his own generational wealth.

Jamaree‘ explained that through his life he’s been considered a jack of all trades stating, “I am a financial strategist with the goal of empowering those around me, especially those of underserved groups in society who weren’t invited to the financial table. With that goal in mind I plan to continue to provide access to the knowledge I’ve obtained. This knowledge will allow me to better serve my community so that everyone can raise their financial knowledge to impact their families for generations to come.”

In just a short amount of time Jamaree’ has accomplished major financial feats in the Forex, Stocks and the Crypto markets as both a mentor and a trader. He is also a teacher of credit and wealth management in addition to thriving as an investor in Airbnb real estate. What motivated Jamaree’ to get into entrepreneurship was his desire to create something bigger than himself and to educate those who don’t have access to certain knowledge that can permanently change their lives.

For most entrepreneurs, at one point or another we’ve all faced stereotypes and naysayers. For Jamaree‘ as an African American male in America he explained, “Throughout my career I’ve always been an underdog. I’ve faced the stereotype of my intellectual capacity being judged based upon my skin color or the fact I played football. That always drove me to over-achieve academically.” James has also faced a lot of adversity, stating that he has dealt with the politics of collegiate sports in addition to Corporate America as well. He states the most grueling time of my life was having to train for his shot at the NFL while also studying to complete his final 18 hours of his master degree. He says he got through that tough time by always remembering to “Play the hand you are dealt and allow the chips to fall where they may.”

He praises his mother for her discipline, stability and great leadership as a parent. Jamaree’ went on to say it was her fundamentals that helped him build his identity as a child to confidently believe he could accomplish anything he set his mind to. He states, “She told about the detrimental mistakes she made growing up that altered her future and what she wishes she did differently. For her to swallow her pride and admit her mistakes to me was deep looking back on it but it shaped my mindset and gave me the confidence to blaze my own trail and to never be a follower. One of his most memorable quotes of his mother as a child is, “Whatever controls your emotions controls you and a focused, intelligent and disciplined black man is the biggest threat to modern society.” James went on to say it was this statement that challenged him to do and become more. He states, ” We all get comfortable but it’s those uncomfortable seasons of life that force us to grow.”

Jamaree’s next projects include building a cost effective course that will cover the different financial educational avenues for those around him to learn and apply into their own lives. To learn more about Jamaree’ or get in contact with him you can follow him here on Instagram, click here.


Kiley Almy
Next Wave Marketing

SOURCE: Jamaree’ James

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Are Sallie Mae Student Loans Federal or Private?



When you hear the name Sallie Mae, you probably think of student loans. There’s a good reason for that; Sallie Mae has a long history, during which time it has provided both federal and private student loans.

However, as of 2014, all of Sallie Mae’s student loans are private, and its federal loans have been sold to another servicer. Here’s what to know if you have a Sallie Mae loan or are considering taking one out.

What is Sallie Mae?

Sallie Mae is a company that currently offers private student loans. But it has taken a few forms over the years.

In 1972, Congress first created the Student Loan Marketing Association (SLMA) as a private, for-profit corporation. Congress gave SLMA, commonly called “Sallie Mae,” the status of a government-sponsored enterprise (GSE) to support the company in its mission to provide stability and liquidity to the student loan market as a warehouse for student loans.

However, in 2004, the structure and purpose of the company began to change. SLMA dissolved in late December of that year, and the SLM Corporation, or “Sallie Mae,” was formed in its place as a fully private-sector company without GSE status.

In 2014, the company underwent another big adjustment when Sallie Mae split to form Navient and Sallie Mae. Navient is a federal student loan servicer that manages existing student loan accounts. Meanwhile, Sallie Mae continues to offer private student loans and other financial products to consumers. If you took out a student loan with Sallie Mae prior to 2014, there’s a chance that it was a federal student loan under the now-defunct Federal Family Education Loan Program (FFELP).

At present, Sallie Mae owns 1.4 percent of student loans in the United States. In addition to private student loans, the bank also offers credit cards, personal loans and savings accounts to its customers, many of whom are college students.

What is the difference between private and federal student loans?

When you’re seeking financing to pay for college, you’ll have a big choice to make: federal versus private student loans. Both types of loans offer some benefits and drawbacks.

Federal student loans are educational loans that come from the U.S. government. Under the William D. Ford Federal Direct Loan Program, there are four types of federal student loans available to qualified borrowers.

With federal student loans, you typically do not need a co-signer or even a credit check. The loans also come with numerous benefits, such as the ability to adjust your repayment plan based on your income. You may also be able to pause payments with a forbearance or deferment and perhaps even qualify for some level of student loan forgiveness.

On the negative side, most federal student loans feature borrowing limits, so you might need to find supplemental funding or scholarships if your educational costs exceed federal loan maximums.

Private student loans are educational loans you can access from private lenders, such as banks, credit unions and online lenders. On the plus side, private student loans often feature higher loan amounts than you can access through federal funding. And if you or your co-signer has excellent credit, you may be able to secure a competitive interest rate as well.

As for drawbacks, private student loans don’t offer the valuable benefits that federal student borrowers can enjoy. You may also face higher interest rates or have a harder time qualifying for financing if you have bad credit.

Are Sallie Mae loans better than federal student loans?

In general, federal loans are the best first choice for student borrowers. Federal student loans offer numerous benefits that private loans do not. You’ll generally want to complete the Free Application for Federal Student Aid (FAFSA) and review federal funding options before applying for any type of private student loan — Sallie Mae loans included.

However, private student loans, like those offered by Sallie Mae, do have their place. In some cases, federal student aid, grants, scholarships, work-study programs and savings might not be enough to cover educational expenses. In these situations, private student loans may provide you with another way to pay for college.

If you do need to take out private student loans, Sallie Mae is a lender worth considering. It offers loans for a variety of needs, including undergrad, MBA school, medical school, dental school and law school. Its loans also feature 100 percent coverage, so you can find funding for all of your certified school expenses.

With that said, it’s always best to compare a few lenders before committing. All lenders evaluate income and credit score differently, so it’s possible that another lender could give you lower interest rates or more favorable terms.

The bottom line

Sallie Mae may be a good choice if you’re in the market for private student loans and other financial products. Just be sure to do your research upfront, as you should before you take out any form of financing. Comparing multiple offers always gives you the best chance of saving money.

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Tips to do some fall cleaning on your finances



Wealth manager, Harry Abrahamsen, has five simple ways to stay on top of the big financial picture.

PORTLAND, Maine — Keeping track of our financial stability is something we can all do, whether we have IRAs or 401ks or just a checking account. Harry J. Abrahamsen is the Founder of Abrahamsen Financial Group. He works with clients to create and grow their own wealth. Abrahamsen shares five financial tips, starting with knowing what you have. 

1. Analyze Your Finances Quarterly or Biannually

You want to make sure that your long-term strategy is congruent with your short-term strategy. If the short-term is not working out, you may need to adjust what you are doing to make sure your outcome produces the desired results you are looking to accomplish. It is just like setting sail on a voyage across the Atlantic Ocean. You know where you want to go and plot your course, but there are many factors that need to be considered to actually get you across and across safely. Your finances behave the exact same way. Check your current situation and make sure you are taking into consideration all of the various wealth-eroding factors that can take you completely off course.

With interest rates very low, now might be a good time to consider refinancing student loans or mortgages, or consolidating credit card debt. However, do so only if you need to or if you can create a positive cash flow. To ensure that you are saving the most by doing so, you must look at current payments, excluding taxes and insurance costs. This way you can do an apples-to-apples comparison.

The most important things to look for when reviewing your credit report is accuracy. Make sure the reporting agencies are reporting things actuary. If it doesn’t appear to be reporting correct and accurate information, you should consult with a reputable credit repair company to help you fix the incorrect information.

4. Savings and Retirement Accounts

The most important thing to consider when reviewing your savings and retirement accounts is to make sure the strategies match your short-term and long-term investment objectives. All too often people end up making decisions one at a time, at different times in their lives, with different people, under different circumstances. Having a sound strategy in place will allow you to view your finances with a macro-economic lens vs a micro-economic view. Stay the course and adjust accordingly from a risk and tax standpoint.

RELATED: Financial lessons learned through the pandemic

A great tip for lowering utility bills or car insurance premiums: Simply ask! There may be things you are not aware of that could save you hundreds of dollars every month. You just need to call all of the companies that you do business with to find out about cost-cutting strategies. 

RELATED: Overcome your fear of finances

To learn more about Abrahamsen Financial, click here

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How to Get a Loan Even with Bad Credit



Sana pwedeng mabura ang bad credit history as quickly and easily as paying off your utility bills, ‘no? Unfortunately, it takes time. And bago mo pa maayos ang bad credit mo, more often than not, kailangan mo na namang mag-avail ng panibagong loan. 

Good thing you can still get a loan even with bad credit, kahit na medyo limited ang options. How do you get a loan if you have bad credit? Alamin sa short guide na ito. 

For more finance tips, visit Moneymax.



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