Posted by Richard on June 3, 2021
When times are tough, people are more likely to save or at least spend less. In 1944, during World War II, the personal savings rate — defined as the ratio of personal savings in the country to disposable personal income — was about 25.5 percent, according to the Mercatus Center at George Mason University. Compare […]
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One way into the real estate home or investment market is through bank-owned homes, which can be both affordable and problematic. Bank-owned properties are exactly what the name implies: The bank has assumed ownership after a borrower defaulted on the loan, so the bank is now the seller. The number of foreclosures dropped for most […]
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While PPP loans and emergency funds helped many businesses stay afloat last year, long-term funding via conventional financing could be trickier. Enter alternative funding sources as an increasingly viable and enticing option. Businesses seeking capital can get creative in a number of ways. These include, but are not limited to: * Grants. Businesses focused on […]
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We get life insurance to protect our families. If we die, they have a nest egg. But life insurance doesn’t cover everything, according to Policy Genius. Among these: * Lying. Your insurance application asks about risky hobbies, medical conditions and other behaviors. If you skydive every single week without telling your insurance company and then […]
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