Small businesses are currently facing the twin challenges of high interest rates and high inflation. They’re paying more for loans and raw materials while trying to maintain a good quality of life for their employees, all while trying to grow their business.
You may have been noticing that banks have been offering relatively high interest rates on short term CDs, and that’s because of the inverted yield curve. But what risks are involved and what risks should you consider when looking into purchasing a CD.
Finances are cited as a worry for 87% of us. Inflation is up. Savings are down. And the talk of recession has reared its ugly head again.
If you haven’t noticed, the world we live in is becoming more and more polarized. There are so many conflicting opinions out there.
In this discussion, Tim and Olivia talk about Apple’s Newly Announced High-Yield Savings Accounts and What they could mean for You.
Americans are quitting their jobs in record numbers. It’s called the Great Resignation.
Unless you’ve been living under a rock, it’s clear that inflation is running rampant.
Small businesses are the backbone of America’s economy, with 50% of all employees working in such businesses. However, small businesses face challenges, particularly with cashflow. A recent study showed that 69% of business owners lose sleep or have trouble sleeping due to financial cash flow issues. Stress caused by lack of sleep has been linked to various health issues and can put a strain on relationships. Small businesses are also struggling with high inflation and interest rates, which further squeeze their cashflow. To make cash flow more efficient and reduce stress in their business and personal lives, small business owners need to find ways to utilize their available cash flow properly.
We’re currently over $31 trillion in debt and interest rates have risen and they’re going to continue to rise in the near future. In this blog post let’s talk more about the tricks that the government use that causes inflation and learn more tips on how you can protect your business from stealth tax.
We all know that inflation is running rampant these days and the federal governments national debt is now $31 trillion and counting.
