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finance

Entrepreneurship/ Money Matters

5 Student Loan Strategies for Millennial Entrepreneurs

jar of coins

Student debt is a big deal for many millennials.

That “educational investment” yield a lower ROI than expected?

Over 40 million Americans currently struggle with student loans, with the national burden of federal student debt rising over $1 trillion

Yowsers!

The average student debt load for today’s millennials recently registered at over $35,000 – a financial obligation that can put the “no-go” on many costly life events, such as getting married, having kids, and buying a home. A 2015 survey by Bankrate indicated that 56 percent of people ages18 to 29 have put off major life events – even purchasing a car and saving for retirement – because of student debt.

Many of you may be thinking, “Yep – that’s me!”

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Money Matters

7 Financial Apps for Money Conscious Millennials

financial apps millennials

I’ve been meaning to get strategic about my money management since graduating, buying a house, getting married, starting a business, moving, moving again, moving again…and the list goes on and on.

Do you feel me?

While do-it-yourself money management has been a long-term intent of mine, it’s emerged as the ultimate back-burner project. “It’ll take too much time,” I’d convince myself. “I’ve already put it off this long – what’s another year?”

This year, I (finally) called my procrastinator self’s bluff – it’s time to get serious about some serious investments. Dancing the prelude to my Dirty Thirty, I’ve decided to put some action behind my financial well-meaning, yet previously ineffective intent, and manage my own money. Like many other millennials, I’ve got asset goals, student debt, and healthcare costs that routinely meet the catastrophic cap and have concluded there’s no time like the present to execute financial savviness.  

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Entrepreneurship/ Money Matters

3 Reasons Every Startup Should Crowdfund

crowdfund_success

As the economic landscape continues to dally in recession state, and commercial lenders are reluctant to bank on unproven start­ups, entrepreneurs are turning to their community to raise the funds necessary to turn their dreams into reality. Through crowdfunding platforms such as Indiegogo, Kickstarter, Fundable, etc., entrepreneurs are able to request donations, exchange “perks” for funds, acquire lending, or offer equity in their start­up venture.

This community­ oriented funding approach is rapidly taking the place of traditional business financing, providing entrepreneurs with a viable opportunity to not only raise start-up capital but also establish a customer base before they even open their doors!

Here are three reasons every startup should consider crowdfunding:

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