In the last couple of months, we’ve heard much about the effect of COVID-19 on the economy and the steps the federal government has taken to try to alleviate some of the financial impacts on Americans. The CARES Act, which included a $1,200 payment to almost every...
A recent report by the Federal Reserve Bank of New York reveals that the consumer debt in our country has hit a record $14.3 trillion in the first quarter of this year. Isn’t it shocking? Having debts means most likely, you have to sacrifice a substantial amount of...
Small businesses have a unique challenge in navigating the Coronavirus pandemic. While the large multi-national, billion-dollar conglomerates often grab the headlines - and bloated bailouts, the truth is small businesses are the backbone of the U.S. economy. There are...
Many business owners try to make business predictions based on a hunch, what I like to call the “throwing spaghetti against the wall” approach. Instead of this type of vague planning, try instead this year to incorporate key data and analytics into your strategy and...
In the first quarter of 2019, total consumer debt hit $14 Trillion in the U.S., marking the 18th consecutive quarter for an increase. The primary areas of debt that continue to experience consistent growth are home, auto, student loans, and credit cards. These figures...
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