Money Market and Savings accounts can be very similar but are also different in many ways, so it’s important to know the difference before you decide where to keep your money. Both are good options based on different criteria and what works best for you and your financial goals. So, what’s the most effective way…

Although bank accounts are naturally designed to be secure, that doesn’t keep hackers from doing everything they can to find loopholes into accessing your sensitive information. And now that it is easier than ever to access your accounts from anywhere on any device, it’s especially important to be proactive about protecting your bank accounts. Here…

Although the Paycheck Protection Program (PPP) loans were incredibly beneficial for many companies to continue operations and keep their employees during the height of the pandemic, the U.S. Department of Justice has confirmed that the Paycheck Protection Program has led to the largest fraud in U.S. history, estimated to be as high as $80 billion….

The effects of rising gas prices are easy to feel when you’re filling up at the pump, but there are also ways in which these price hikes are affecting small businesses. In turn, businesses often have to make a series of decisions, sometimes difficult, to make up for those costs and maintain operations. Logistics and…

It’s no secret that the supply chain has been experiencing issues that have caused delays and lack of inventory across the board. Dealing with supply chain issues is particularly difficult for small businesses as it can have a devastating effect on their operations and clientele. Although it can be incredibly stressful to keep up with…

Inflation is rising again — in fact, it rose 7.9 percent in February 2022, which is the highest level since 1982 according to the Bureau of Labor Statistics. Most of us are experiencing the impact of these changes in our everyday lives, but there are certain ways you can cut costs and save money during…

If you are running a small business, it’s important to be familiar with your cash flow and track and analyze it to know how liquid your business is. Let’s start with the basics . . . what is cash flow? Cash flow is the amount of cash (and cash equivalents, such as stocks and bonds)…

There are many topics of conversation among family, friends, and partners that can be uncomfortable. Talking money lives on the top of that list — in fact, a survey of 2,000 Americans found they are more likely to talk about politics, relationships, and health than they are money. Why is this the case? Based on…

Business loans and personal loans are both reasonable options for individuals and companies that need quick cash on hand, but they vary in how you can use them. It’s important to consider your financial needs (i.e., looking for startup funding or needing to supplement cash flow) to determine which loan type is right for you….

Planning for retirement is a strategy you should start investing in as soon as you’re financially able to. The earlier you start, the more you will be able to save. Regardless of when you start, it is important to understand your retirement planning options, how they compare to each other, and what the most suitable one is for you. What is a 401(k) and how does it work? A…

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