Connect with us

News

Your Guide to Juneteenth Celebrations in Metro Detroit

Published

on

Saturday is Juneteenth, a commemoration of the day in 1865 when U.S. Maj. Gen. Gordon Granger arrived in Galveston, Texas and told enslaved people that they were free. The news came two and a half years after the Emancipation Proclamation freed enslaved people in Confederate States and five months after the 13th Amendment abolished slavery.

All around metro Detroit, families, friends and communities will be coming together to celebrate the occasion through festivals, community dialogue, dancing and lots of food. Whether you’re looking for an all-day festival, an evening movie, or a cold craft beer, you can find the Juneteenth celebration that fits your vibe below.


Celebrate

Juneteenth in the D, which will be held Saturday at the intersection of Grand River and West Grand Boulevard at the Mbad African Bead Museum, is a family-friendly festival headlined by Motown legend Martha Reeves. Make sure to don your dancing shoes for this all-day celebration featuring local performers.

To kick off a second year of fundraising in support of Black farmers and land ownership, the Detroit Black Farmer Land Fund is celebrating Juneteenth with community members and organizations at Oakland Avenue Urban Farm in the North End. The fund raised more than $65,000 last year for Black farmers to purchase and own land. Shop the farmers market, partake in food prepared by chefs and enjoy a performance from Detroit’s own Mollywop.

The Eastside Community Network will celebrate Black history and heritage through storytelling from community elders and speaking out against environmental racism. The rally about environmental racism — featuring speakers Rep. Rashida Tlaib, state Sen. Stephanie Chang and more — will kick off the event. The family-friendly celebration, which runs from 1-4 p.m. at 4401 Conner St., will be filled with food, music, dance, face painting and more. For those who prefer to join in virtually, participants can enjoy the festivities from home.

Thoughts Become Things and Take My Hand are collaborating to honor Juneteenth by providing free resources and giveaways to the Black community at 16065 Hamilton Ave. in Highland Park from 10 a.m. to 1 p.m. Saturday. Giveaways include self-care kits, fresh food boxes and diapers and formula. There will also be resources onsite regarding credit repair, life insurance, mental health and more.

The city of Southfield is celebrating Juneteenth all week long with the Juneteenth Jubilee Celebration, including an art display, virtual scavenger hunt and more. You can find the whole jubilee lineup here.

You can also find community celebrations in Dearborn, Ferndale, West Bloomfield, Romulus, Lathrup Village, Madison Heights, Royal Oak and more. Check your city’s website to find activities near you!


Learn

The Charles H. Wright Museum is hosting its Juneteenth Jubilee Freedom Weekend online and across Detroit Thursday through Sunday. Programming includes a treasure hunt, movies, community conversations and even a dedicated playlist.

All week, the Oakland County Democratic Party is hosting a series of Juneteenth virtual discussions on topics from how mental health affects Black youth to the role of music plays in the fight for Black liberation. The weeklong series culminates in a reflection discussion on Saturday.


Listen

As part of the D.Cipher live summer music series, enjoy live performances from ETTA, Gabriel Brass Band and Tariq Gardner’s Evening Star from 2 p.m. to 8 p.m. Saturday at the Campbell Terrace on the Dequindre Cut. You can also peruse art from local vendors and learn how to get involved with grassroots initiatives.


Read

Pulitzer Prize winner Annette Gordon-Reed’s “On Juneteenth” provides a historian’s view of the country’s long road to Juneteenth, recounting both its origins in Texas and the enormous hardships that African Americans have endured in the century since. She joins historian Jamon Jordan in a conversation about the essential, sweeping story of Juneteenth’s integral importance to U.S. history as part of the Detroit Public Library’s Author Series at 1 p.m. Saturday.


Watch

Bring your own chair or blanket to Campus Martius Park on Friday for a screening of “Concrete Cowboy,” which shares the story of a rebellious teenager finding kinship in a tight-knit Philadelphia community of cowboys.

Miss Juneteenth” chronicles the story of a former beauty queen and single mom as she prepares her teenage daughter for the Miss Juneteenth pageant. You can catch the film on the lawn of the Southfield Parks and Recreation parking lot at 7 p.m. Saturday.


Eat + Drink

Raise a glass of Abolitionist Imperial Stout in honor of Black achievement starting at 4 p.m. Friday at Eastern Market Brewing Co., which partnered with Brewz Brothaz for this event. A portion of proceeds of the Abolitionist Imperial Stout will go toward the Black Farmer Land Fund. Detroit DJ Lady Fantastic will bring the beats from 6-9 p.m. while Smokey Joe’s BBQ will provide the eats.

Taste The Diaspora Detroit, which launched during Black History Month to celebrate Africa’s contribution to American cuisine, is hosting a watch party for the fourth episode of Netflix series “High on the Hog: How African American Cuisine Transformed America” at 7 p.m. Saturday at Marygrove Conservancy. The episode titled “Freedom” is a culinary journey through Texas that tells the story about the importance of Juneteenth. There will be a moderated conversation following the viewing as well as shoebox meals featuring food from four locally owned Black food businesses.

Good Vibes Lounge is unveiling its backyard for a day party not only celebrating Juneteenth but also a year of being in business. The festivities start at 3 p.m. with drink samples, giveaways, a live DJ and photo booth. The restaurant and bar is at 16801 Harper on the east side.


See

LoveClub is gathering some of Detroit’s best local talent to celebrate Black history, art and culture at this event that aims to serve as a platform for artists and community members. The event at Tangent Gallery/Hastings Street Ballroom in Milwaukee Junction will boast a wide range of musical offerings from house to hip hop as well as artists, vendors and organizations showcasing their work. Grab your ticket here.

Check out the opening of new art exhibit “BAM: My Art Is My Voice and Sisters of the Cloth” at an evening reception at Collected Detroit. The exhibitions will give visual form to Collected Detroit’s roots within the art community in honor of the 156th anniversary of Juneteenth.


Shop

Stroll along the historic Avenue of Fashion for a unique shopping experience supporting Detroit’s Black businesses. Shoppers will also enjoy artists and entertainment, a live podcast taping, Black wellness hub and a raffle.

Support Black businesses in Washtenaw County at the Buy Black Juneteenth Pop-Up Shop from 3-7 p.m. Saturday at Ypsilanti Freighthouse.


Clean-Up

Help spruce up Sarah Garrett Park and the surrounding area from 10 a.m. to 2 p.m. Saturday. The park is named after one of the plaintiffs who sued the city over housing discrimination in the 1960s when Hamtramck was making plans for the construction of the Chrysler Freeway and new homes.

Trusted, accurate, up-to-date

WDET is here to keep you informed on essential information, news and resources related to COVID-19.

This is a stressful, insecure time for many. So it’s more important than ever for you, our listeners and readers, who are able to donate to keep supporting WDET’s mission. Please make a gift today.

Donate today »



Source link

Continue Reading

News

Are Sallie Mae Student Loans Federal or Private?

Published

on

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.

Learn more:

Source link

Continue Reading

News

Tips to do some fall cleaning on your finances

Published

on

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

Source link

Continue Reading

News

How to Get a Loan Even with Bad Credit

Published

on

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.

 

 

Source link

Continue Reading

Trending