Community

Mistah F.A.B. Hosts Back to School Block Party and Basketball Tournament in North Oakland

Published

9 years ago

August 27, 2014

Local hip hop artist Mistah F.A.B. recently held his annual “Back to School Block Party and Who’s House? Basketball Tournament” in North Oakland where over 1000 backpacks and school supplies were distributed.

The giveaway attracted hundreds of children and their families, who enjoyed art activities, face painting, and a DJ spinning the latest hip hop and R & B favorites. Guests enjoyed a popcorn and cotton candy stand, taco bar, along with cookies and brownies. Children jumped in the bounce house and made art with chalk and crayons.

For the past nine years, Theresa Anderson and Mistah F.A.B. have organized the event, serving up to 1500 people every year.

“We noticed the school system cut back on supplies and school starts at the end of the month, when people may be short on money for supplies,” said Anderson.

Mistah F.A.B. says he feels blessed to be in a position to help the community.

“We started doing our events when the crime rate in Oakland was really high,” he said. “It’s beautiful to come together because families aren’t always in the best position financially and it’s a blessing to be able to organize this. All of our little’s equal a lot.”

“We have a lot of single parents that need support and we must step forward because it’s about filing voids, being a role model and supporting our community,” he said.

According to Anderson, they also organize Thanksgiving and Christmas drives every year where they collect and distribute clothes, blankets, and food.

“Donors are wonderful,” said Anderson. “People pull up and say they have 5 turkeys or 20 turkeys. And before you know it, it’s Christmas so we have our annual toy and food drive for that as well.”

Born Stanley Petey Cox, Mistah F.A.B. is an acronym for “Money Is Something to Always Have — FaEva Afta Bread.” He is best known for his battle rapping and freestyle lyrics.

For more information email dabusride@gmail.com.

Related Topics:Back to School children community Education Mistah F.A.B.North Oakland Oakland Youth

Up Next

COMMENTARY: Republican Party’s Anti-Slavery Roots

Don't Miss

Kamala Harris Announces Half Billion Dollar Settlement with Bank of America

Oakland Post

Click to comment

#NNPA BlackPress

How to Use Credit Wisely

(NewsUSA) – As the holiday season approaches, more people are out shopping, searching crowded stores and online promotions for the best discounts, and using their credit cards to pay for it all. But beware the financial dangers of credit use — how you pay for these deals could safeguard your budget or lead to debt. […]
The post How to Use Credit Wisely first appeared on BlackPressUSA.

Published

4 days ago

November 24, 2023

Oakland Post

A CERTIFIED FINANCIAL PLANNER professional can help you guard against costly credit mistakes, paving the way for a financially sound festive season and beyond. Learn more about how to use credit in a way that works for you with the insights below.

Choose Your Credit Card Wisely

Whether you’re shopping for holiday gifts or purchasing necessities like groceries, the credit card you use can make a big difference. There are several factors to consider:

Interest Rates. Rates generally run from 21-33%. The standard bank card charges at the low end of the range, and retailer credit cards (those typically with the store’s name on them) charge as much as 33%.
Cash Back. Among the best deals are bank cards that offer cash back ranging from 1-4% of your purchase.
Rewards Points. Some cards have rewards programs where you earn points that you can redeem for products or services. They may seem attractive but are worthwhile only if you’re actually interested in the rewards offered.
Cash Discounts. While retailer credit cards have the highest rates, some offer big cash discounts at the point of purchase. That may be the only time they’re worth using.

Improving Your Credit Score

Boosting your credit score can help you qualify for the lowest available interest rates on auto loans, personal loans and mortgages. If you can, pay the full balance when your credit card bill arrives. But most importantly, never miss a payment. Paying on time not only avoids late fees, but also is a key factor in improving your credit score. The easy way to ensure timely payment is to set up automatic online payments.

A CFP^®professional can help you develop other strategies to save money while improving your credit profile, including the following:

Identifying which debt to pay down first.
Switching to balance transfer cards that don’t charge interest for a year or longer.
Converting high-interest debt with interest payments that are not tax-deductible to lower-interest debt whose interest payments are tax-deductible.

Establishing Credit

Lenders offer credit to people with a long and reliable credit history. Most young adults don’t have one. There are various ways to obtain credit, but steer clear of debit cards that claim they can help you build a credit history. When you consider the costs and requirements, they’re usually no bargain. You have better and cheaper options for establishing credit. Here are three of them:

Get a secured credit card.
If you have a student loan, make sure you’re up-to-date with payments.
If you pay rent, ask your landlord to report your on-time payments to the credit bureaus.

The choices we make in managing credit can have a lasting impact on our financial journey. As you navigate the complex credit landscape, remember that CFP^® professionals can offer tailored guidance for your unique circumstances. Whether it’s identifying strategic debt payments, exploring balance transfer options or establishing credit responsibly, a CFP^® professional can provide a roadmap for achieving your financial goals. Find a CFP^® professional today.

The post How to Use Credit Wisely first appeared on BlackPressUSA.