Here are two eye-popping facts: Someone turning 65 will have a nearly 70% chance of needing long-term care in the future. And the annual cost of a private room in a nursing home (national median) is over $100,000 a year, according to the recent Genworth Cost of Care Survey. Yet only about 10% of Americans
As a company founder, you may be an expert on your product, but that doesn’t necessarily mean that you have a firm grasp on financial matters. A 2019 study by Intuit QuickBooks revealed that nearly 70% of small business owners struggle with cash-flow challenges. Many other money matters may keep entrepreneurs up at night as
Insurance protects you from life’s calamities. You want to make sure you have the right coverage so an accident, illness, or other disaster doesn’t lead to financial ruin. but how exactly can you figure out what policy is the right one? No matter what kind of insurance you’re buying—whether it’s health, home, auto, renter’s or
Whether sudden or expected, a financial windfall can come in many different forms: an inheritance, selling a business, stock options, distributions from a trust, or even winning the lottery. How to best use the proceeds from a windfall depends on a number of factors unique to your situation and the type of lump sum you
Every small business has a story. From the conception of an idea, to the struggle to find lending, to the joy of a first sale, the path for small business owners is rarely smooth. That’s why, to celebrate Small Business Saturday, we’re highlighting several of the thousands of small business owners in our communities who
Hermila Solano was ready to take the next step in her cosmetology career. After getting her cosmetology license and working for others, Solano decided to branch out and open her own cosmetology academy. She knew it wouldn’t be easy, but Solano couldn’t have anticipated just how difficult it would be Solano struggled with financing and