Tag Archives: Personal

These are the five-alarm personal finance stories of 2017

Globe and Mail readers and I agree that housing is possibly the most important personal finance topic of recent years. Seven of my 15 most-read columns and newsletters this past year were about housing, and I’m sure much the same would be true of previous years. My most popular column in 2017 was titled “Sorry to burst your bubble, but owning ... Read More »

4 in 5 Microbusinesses Use the Owner’s Personal Funding to Grow

Securing a business loan is often a challenge for many businesses. But, for small businesses, it is even tougher than for larger firms finding loans. 2017 Small Business Credit Survey According to a report based on findings from the 2016 Small Business Credit Survey released by the Cleveland and Richmond Federal Reserve Banks, microbusinesses are less likely than larger employers to be approved ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakesthat may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier to consolidate all ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakesthat may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier to consolidate all ... Read More »

23 Percent of Millennial Entrepreneurs Value Influence Over Personal Wealth

When it comes to fundamental goals, 23 percent of entrepreneurs in their 20s cited becoming more influential or having a positive impact on their communities. It’s a considerable increase over the 13 percent of entrepreneurs over 50 who say the same. The data shows a considerable difference in values between two generations of entrepreneurs,  says the 2017 HSBC Private Bank: ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakes that may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier ... Read More »