Undoubtedly COVID-19 has affected personal finances in 2020. The outlook continues for the near future with the uncertainty of the current market. Keeping strong credit and having verifiable income can be a great asset in a shaky economy. Free up your cash for liquidity Assess your current spending habits to see if you can free up money and save more each month. Keep your credit score up Banks and lenders...
Many small business owners are seeking guidance as they apply for loans backed by the Small Business Administration (SBA) to help maintain cash flow and retain workers even as more states announce new quarantine and shelter-in-place orders. You may qualify for a forgivable emergency loan by the SBA The CARES Act established the Paycheck Protection Program (“PPP”) that enables qualifying small...
Investing in rental properties can be a good source of income through monthly cash flow and a great opportunity to build wealth. Investing in rental properties has proven over the years to be an effective wealth creator for the long-term if done properly. Could investing in real estate be the right choice for you? Below are a few tips to help ensure that it is a profitable venture for you. Location,...