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4 Smart Money Moves to Plan for Financial Security

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A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.

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Business finance: The ultimate guide for non-finance people

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Businesses live and die by the quality of their financial planning and performance, as most new companies fail (21.9% In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). In this scenario, your company’s equity would be $80,000.

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How to Find Your Money ‘Why’

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Too often, companies make us feel like we have to choose everything at once, but choosing to spend in one area now needn’t mean we can never spend another way. Or, if that’s too much, imagine the speech a colleague might give upon your retirement. This article was published in November 2019 and has been updated.

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During a Recession, Entrepreneurs Are in the Driver’s Seat

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You determine where you are in life, not the government or the stock market or the boss of a company you don’t own. A 2019 report from the U.S. Small Business Administration Office of Advocacy found that “the median net worth of self-employed families at $380,000 in 2019 was over four times that of families of workers ($90,000).”.

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