Credit is kind of a tricky subject. If you want to buy a house or take out a loan, you need to have a good credit score. But you cannot have a good credit score if you have no credit history. And to build credit you need to be approved […]
Loans
Think You Won’t Need Long-Term Care? Think Again According to a 2017 report from the U.S. Department of Health and Human Services, Long-Term Care (LTC) is something the majority of us will need. Approximately 70% of people over 65 will require chronic care later in life, and 20% of those […]
Think You Won’t Need Long-Term Care? Think Again
Nearing retirement can be both exciting and scary. I mean, haven’t you been waiting for this day since you entered the workforce? While you should be looking forward to retirement, it is also a time to make sure your finances are in order and find out what you will and […]
Steps to Retirement
Main Street Lending Program “The Main Street Lending Program is a program announced on April 9, 2020, in which the Federal Reserve will purchase loans that banks give to small and mid-sized businesses. The Fed will purchase 95% of each loan. This means that the bank must keep 5% of […]
Main Street Lending Program
The coronavirus pandemic left over 40 million people unemployed. Even so, colleges and universities had almost 4 million graduates who were already expecting or simply looking for jobs after school. Many graduates were forced to postpone their start dates and others had canceled internships, but some were dropped from their […]
An Increase in Job Openings
Four states have taken the initiative and passed laws stating protecting businesses from “civil liability” for COVID-related claims. One of the four states, North Carolina, provides immunity to many different “essential businesses,” such as grocery stores and restaurants. Oklahoma, Utah, and Wyoming, however, offer immunity to anyone and everyone who […]
Protecting Businesses from COVID Claims
How to calculate startup costs for a business Calculating startup costs is an important task for your business plan, but it will also tell you how much your business is going to cost to run on a monthly basis. Making an accurate calculation, in the beginning, can also help when […]
How to calculate startup costs for a business
Why you need a business plan A Business Plan is a great way to start with funding options. Most lenders and investors will require some type of business plan before they will consider funding your business venture. The technical definition of a business plan is “a document setting out a […]
Why you need a business plan
Personal Finance and Consumer Debt When it comes to personal finance and consumer debt, most of us are guilty of overspending and not budgeting properly. Working on your debt and your finances should be a top priority. Most Americans have some type of consumer debt. Whether it’s student loan, credit […]
Personal Finance and Consumer Debt
Life insurance for business loans Where can I get a Policy for business loans? There are many banks out there that require a life insurance policy for individuals that take out business loans, especially if they are the only person in the business. This helps to ensure the bank gets […]