by Leif Jensen | Jan 24, 2024 | Investing, Money Management |
I was recently reading that interest rates and payments were crippling small companies. Just how much costlier is credit these days? Small firms are paying 9.1% on average, per the National Federation of Independent Business. In 2019, the prime rate, the benchmark...
by Leif Jensen | Jan 17, 2024 | Money Management |
As the year winds down, a number of clients are suffering from cash flow drop offs. Cash is getting tighter, their clients are not spending, nor are they rushing to pay their bills. They are waiting for signs that the economy will be getting better. It may be a bit...
by Leif Jensen | Oct 10, 2023 | Money Management |
Where to you have you emergency and your whoopie reserves? Are they in ordinary savings or worse checking accounts? For years it did not matter where you kept your cash, there were no vehicles that paid 1% or above in APR. Now, in the Biden run-up of the interest...
by Leif Jensen | Sep 25, 2023 | Money Management |
I was listening to the radio and an investment specialist was talking about savings. I know it sounds very surprising. Actually, this one made some interesting points. If you have already established your cash reserves (3 to 6 months of cash needs in case of an...
by Leif Jensen | Jun 7, 2023 | Money Management |
The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President...
by Leif Jensen | Jun 6, 2023 | Money Management |
The Gold Standard was a system under which nearly all countries fixed the value of their currencies in terms of a specified amount of gold, or linked their currency to that of a country which did so. The gold standard was the basis for the international monetary...
