Success

FEBRUARY 19, 2022

A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. Meanwhile, only 21 states required a personal finance course for high school students in 2020, according to the Council for Economic Education.

Verizon 264

Verizon Retirement Finance Google 264

Success

SEPTEMBER 3, 2022

The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)?

Credit Card 221

Credit Card 2008 Expenses Finance 221

Allwork

AUGUST 26, 2024

The onset of the 2020 pandemic triggered what seemed like a brief yet severe recession. This can affect wealthier individuals more acutely due to decreased portfolio values, but it also impacts pension funds and retirement accounts, which can impact the broader population. Also make sure to avoid new debt.

Expenses 298

Expenses Confidence Budget Credit Card 298

Success

FEBRUARY 23, 2022

For this reason, many Black business owners cannot access loans from traditional lending institutions and often turn to credit cards, their own savings or nonprofit community lenders. Only 12% of Black and Latino business owners who said they applied for federal loans in the spring of 2020 received aid.

Credit Card 130

Credit Card 2003 2020 2022 130

Success

JANUARY 8, 2022

When Jim came into my office at age 52 to see about retiring early, I was surprised. I fully expected to inform Jim and Sue they couldn’t retire early only to discover they were multimillionaires. This article appears in the January/February 2020 issue of SUCCESS magazine and has been updated. They had zero debt.

Retirement 72

Retirement Credit Card 2018 Yahoo 72

Small Business Labs

JULY 21, 2010

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses? .  Carolyn is leading the coworking study and Steve is a member of the project team.

Business Cards 100

Business Cards 2010 Credit Card Retirement 100