Tag: Debt
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I once met a startup that was $700,000 in debt. Never do this. Angels and VC’s invest money to buy shares in a company. If the company runs out of cash, you don’t have to pay us back. But there is another source of funding for startups: debt. First off,…
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+ Business Loans, Credit, Debt, Entrepreneur, Finance, Founders, Investing, Money, Startups, Tech, Venture Capital+
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I paid $6.79 for 18 eggs recently. No wonder the consumer is in trouble. For fortunate people like me, inflation is just an annoyance. But for people of modest means, it’s a crisis. “How long can people keep going like this?” I wondered. So this morning, I dug into some…
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“We need strength and savviness in the White House Situation Room, even if the crisis hits after Biden’s bedtime.” David Sacks I didn’t expect to giggle during the RNC. But along with a strong argument against President Biden, David Sacks brought a great sense of humor. Biden, the Spender in…
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I looked at the small pile of groceries on the conveyor belt. “How on earth is this $75?” A lot of us are feeling that way today as prices go through the roof. And I’m one of the lucky ones — for me it’s just an annoyance. But for many…
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One of my oldest friends just got his dream job! He’s found fulfillment, accomplishment, and a lot more money. But what should he do with it? Matt* wanted to know how he could set himself up for a strong financial future, now that he’s finally making good money. I find…
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+ Credit Card Debt, Debt, Finance, Investing, IRA, Money, Mutual funds, Personal finance, Stock Market, Stocks+
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Stimulus checks for $1,400 went out this month to most Americans. I found myself wondering today, did they save it, invest it, or just blow it? Data indicates that the biggest use of stimulus funds has been to pay down debt. A Census Bureau survey found 52% of people mostly…
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Tremendous 