Everyone wants to enjoy a comfortable retirement, but unfortunately, this goal feels out of reach for most people. Individuals approaching retirement can increase their chances of financial stability by working to master practical money skills that will be essential once the working years are…
Internet financial “gurus” tell you to cut back on lattes and avocado toast if you want to get out of debt. But if you’re barely making enough to cover basic living expenses, getting out of debt isn’t so simple.
Learn how to become debt-free with a low income by following...
Inflation is an economic trend in which prices for goods and services rise over time. The Federal Reserve uses different price indexes, including the Consumer Price Index, to track inflation and determine how to shape monetary policy. Generally speaking, the Fed targets a 2% annual…
All business owners understand and appreciate the importance of revenue to the success of their businesses. At the outset, revenue is critical to the ability of a business to pay its expenses and satisfy any payroll obligations. Investors will examine the history of revenue of a business as a benchmark to evaluate the future profitability and potential growth…
You need cash, and you’re thinking about borrowing from your life insurance policy. Right now, you’re on the fence, because you don’t know whether this idea is brilliant or extremely unwise.
The last thing you want to do is make a move that will have…
Starting a business is exciting and rewarding. But determining how much everything will cost can be challenging, as can finding those funds. A Shopify survey of 300 small business owners and 150 aspirational entrepreneurs in the U.S. found that they spent, on average, $40,000 in the first year of business. But every business is unique, and costs will vary…
As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing…