Taking the next big step: Edwin Beale must decide whether to pursue an M.B.A., buy a second house, or both.

Black EnterpriseVol. 33 Nbr. 2, September 2002

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Family Finances

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Taking the next big step: Edwin Beale must decide whether to pursue an M.B.A., buy a second house, or both.

EDWIN BEALE'S PRIMARY FINANCIAL GOAL IS A FAMILIAR one. He'd like to move ahead in his career and increase his compensation. At the same time, he realizes achieving this objective would also result in a higher tax bill. "Even as things are now, I'm looking for tax relief," he says. Therefore, he's seeking the best of both worlds--more i...

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