Skip to content


Clyde Anderson has served as a CNN financial contributing reporter since 2006.  Now featured on the CNN Weekend Newsroom Home School segment, Clyde continues to cover topics ranging from the state of the housing market to personal finance.  Clyde is on a mission to cut through rhetoric and provide information to aid financial decisions.  Clyde also managed Mayor Shirley Franklin’s Workforce Housing Initiative with the Atlanta Development Authority to leverage over 50 million dollars in bonds with 4 million in assistance dollars to create and fund new housing opportunities for the City of Atlanta.  Clyde’s eleven year financial career began in mortgage banking where he became known as a trusted resource before transitioning into financial consulting.  Clyde continues to actively feed his passion for finance while embracing all facets of media to share his practical or “Main Street” wisdom with recommendations regarding our relationship to life and money.

Clyde interviews a wide array of celebrities and CEO’s on his 5withClyde entertainment blog.  Guests have included Academy Award winning actor Jamie Foxx to clothing pioneer and “Shark Tank” star Damon John.  Clyde engages them to explore how they relate to finances in their lives.  As a bestselling author, Clyde is most proud of his community involvement with boys who d.a.r.e., a non-profit literature club for young African American males that encourages reading on a daily basis through the exposure of good literature and strong adult male influence. Giving back to his community is the cornerstone for Clyde’s success. Clyde holds a BA in Business Management from Clark Atlanta University and resides with his family in Atlanta.

Clyde is a dynamic nationally acclaimed speaker whose passion is exemplified in his delivery.  He is available for keynote opportunities, panel discussions and media inquires.

10 Comments leave one →
  1. Mildred Allen permalink
    January 2, 2010 12:27 pm

    Please address the topic of credit repair companies. Are they legitimate? How do they work?

    • January 2, 2010 2:11 pm

      The reality is that credit repair companies can’t do anything that you can’t do yourself. Most of these companies really just do the legwork of calling creditors, disputing inaccuracies and trying to get them removed. These are all things that The Fair Credit Reporting Act has made possible for you to do on your own. I would stay far away from these companies and contact the FTC Consumer division at 877-382-4357 for specifics.

    • April 21, 2010 12:13 am

      I watched CNN and they discussed returns on property taxes that we paid at a higher value than the actual property value of the house. They refered to Financial Life Connection for refunds but in this web site we don’t see any link about property taxes. So, please can you help me to find out what is the exactly site. Thank You.

  2. wade permalink
    January 2, 2010 1:13 pm

    I take home $3000 .00 per month .Here is a list of Expences show me how to save 50%

    $800.00 Rent or mortage
    $100.00 Heat or cooling cost
    $600.00 Car payment (transportaion to work
    $600.00 Food
    $200.00 Property tax
    Gas for Car
    and the list goes on . Where did you get your crazy ided .Most expert suggest 10% .Even the other host on CNN though your numbers to be a little insane . Regards

    • January 2, 2010 1:55 pm

      lol…ok, I’m not nuts, just a little passionate about savings. When I said 50% I prefaced it with I save 50%, but I do know that most experts say between 10-20%. I was raised in a factory town where education wasn’t always a priority so the examples I had were people who worked hard but believed in the power of saving and living well below their means. I think sometimes we don’t look at making a financial goal and then exploring how to make that goal work. Wether it’s 10% or 50%, the number is not as important as making the decision to start saving something. I do understand that with the numbers listed above it will be vary hard to accomplish such a goal, but by looking at another stream of income to either pay off the car. So the crazy idea came from the notion that if we live like no one else now, we can live like no one else in the future. Didn’t mean to cause alarm, just want to make sure you were listening 🙂 Are you saving 10%?

      • Dan permalink
        January 2, 2010 10:26 pm

        Hello Clyde,

        Thank you for having the guts to mention that you save 50% of your funds. There are many of us out there who quietly do that very same thing. And more!

        My wife and I currently save/invest over 68% of our net income per year. This works out to approx 75% of our gross pay in our particular situation. (This is not a typo. 68 & 75% are accurate numbers.) We homeowners have no debt of any kind, including no car payments and no mortgage. We consider ourselves an average middle-class couple, but we live far below our means and our big secret is simply this:

        We have diligently maintained a simple income & expense tracking spreadsheet for the past 11 years of our 13 years together. This self-designed file enables us to maintain a high level of financial control which also allows us to set high goals using our real-time information. We always know our net worth and we also know how each incoming and outgoing dollar adds or takes away from that figure. This is how we do extraordinary things with our rather ordinary incomes.

        For us the question is “How serious are we about saving for our future?” and so we just find ways to make it happen. No excuses here. It has not been a sacrifice; rather it has been a lot of fun for us along the way.

        Please keep up the fine work!


      • January 2, 2010 10:46 pm

        Thanks for your comments Dan! I appreciate hearing that. I think it’s a different way of thinking that most people don’t embrace because they can’t see it. I really like what you and your wife have been able to do and applaud you both for it. I think you can be a model to how it truly can be accomplished. Thanks for sharing! Change your mind, change your life.

  3. forrest permalink
    April 6, 2010 1:29 am

    Clyde, I just caught the tail end of the clip on you and property taxes. I just had my house re appraised to refinance at a lower rate and thought this would be a good time to make sure I am not over paying property taxes. How should I go about this?

    Thank you, Forrest Hogestad

    • April 16, 2010 7:46 pm


      Thanks for the question! You should contact your county or local municipality to get the process as each state is different. I would suggest researching the internet for recent sales in your community to get an idea of how much properties are being sold for versus what the taxes are being assessed at. Once you determine if your taxes are matching up to your current fair market value, you’ll know if your overpaying. Good luck!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: