There are several things to consider when selecting a bank account. There are also several perks that many banks now offer. Some of these include interest, free checking, student checking, and free gifts. But what should you consider when shopping for a new bank account? · Consider how much money you plan to deposit. [...]
During the current economic crisis, many people find themselves wondering whether it is more important to pay down debt versus building up a savings account balance. Some of the top financial experts are recommending that people build up their savings versus paying down debt. Suze Orman recently recommended that people build up their savings and [...]
Earlier this week the United States Senate passed the Omnibus Appropriations Act. This Act provides nearly $547 Billion for the U.S. Small Business Administration. The passing of this Act is one of many bold gestures by the U.S. Government to revitalize the economy. It is hoped that the passing of this act will increase job [...]
The Federal Reserve announced a new program called the Term Asset Backed Securities Loan Facility (TALF) to encourage business to extend credit to consumers and small businesses. The program will allow the Federal Reserve to lend $200 billion to encourage lending for educational, credit card loans and more. The Federal Reserve will accomplish this by [...]
What does President Obama’s Stimulus package mean to your business? The stimulus package also known as the American Recovery and Investment Act of 2009 has numerous provisions to assist your business. The Act provides $720 million to support programs by the Small Business Administration and over $300 million to support entrepreneurship efforts in low income [...]
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