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Small Business World News Round-up - 2009/11/17

The Small Business Blog

Concerned about the obstacles that places in the way of economic recovery, President Obama recently proposed a new federal effort to give community banks access to ultra-cheap government loans, which they can then use to expand their local business lending.

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Small Business World News Round-up – 2009/12/15

The Small Business Blog

RBI draws flank from panel : The carte blanche given to private and foreign banks by the Reserve Bank of India to charge interest rates on credit cards at their whims and fancy has come in for severe criticism by the parliamentary standing committee on finance. per cent in April 2011 has angered small business owners. — ST.

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How To Negotiate With Debt Collectors: Tips For Reducing Your Debt

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The average American credit card balance rose to $7,236 in 2024. Apps like Intuit Credit Karma or YNAB (You Need a Budget) can help track progress. Seek Debt Counseling Nonprofit credit counseling agencies can provide personalized advice. The emotional burden of making ends meet coupled with shame can feel heavy.

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5 Ways to Help Your Young Adult Children Manage Money

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Smith suggests, When you use a credit card, explain that credit is in place of currency, but later you have to pay. When your young adult gets a credit card, discuss credit limits, credit scores and paying statements in full to avoid debt. Seize daily teachable moments.