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Blog Posts by Subject: Finance

Helping New Yorkers "Ace" Personal Finance

Here's a shocker! According to Pamela Yellen, CEO of Bank on Yourself, whom Michel Martin interviewed recently on NPR's Tell Me More, 41% of adults give themselves a C grade or lower in their knowledge of personal finance. To help New Yorkers ace this subject NYPL runs Financial Literacy Central (FLC) at its business library, SIBL.

The FLC offers periodicals and databases; books (in print as well as electronic and audio format)—including Yellen's best seller—classes; and one-on-one financial coaching. The Financial Planning Association of New York is a key FLC partner, providing certified financial planners who give presentations and private advisory 

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Award-winning Startup: SkyStem LLC. Can You Guess its Business Service?

Hearing the capstone presentations of 20 aspiring business owners in a FastTrac New Ventures program last week inspired me to talk to Shagun Malhotra, who recently told Crain's New York Business what she learned at FastTrac en route to taking second place in SIBL's 2010 New York StartUP! Business Plan Competition.

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Financial Empowerment Day at NYPL

The deadline for filing your income taxes may be rapidly approaching but that is no reason to put your personal finances on the back burner until next April.  If that little voice at the back of your mind is telling your that you need to finally get serious about planning for your financial future, you're in luck!

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The Queens of Finance

Who exactly were the Queens of Finance? The New York Herald reserved this title for Victoria Claflin Woodhull and her sister Tennessee Claflin (or Tennie C Claflin). These sisters surmounted incredible odds by establishing a highly lucrative brokerage business on Wall Street in 1869. Born in Homer, Ohio they were not privy to the comforts and education afforded by wealth or high social stature. In fact, their childhood was quite tumultuous. Born to an alcoholic father, the sisters took charge of providing for the family while Tennessee was still an adolescent. Victoria and Tennessee moved to New York with their family and manage their combined living expenses with money 

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