Source-Pixabay In the past few months, COVID-19 pandemic has changed the way people do business and live around the world. Experts estimate that this global health crisis will cause a 2.5% reduction in America’s gross domestic product. As a business owner, your main goal needs to be obtaining some semblance of normalcy. Using the tools … Read more
Statistics show that 80% of Americans are in some kind of debt.
While debt is necessary, and manageable in most cases, financial struggles are a huge problem for many people. Once you get into significant debt, it can be almost impossible to get out of it.
The Coronavirus pandemic has recently taken the world by storm, forcing businesses and practices to shut down and causing production to slow as people are being ordered to stay within their homes. As the repercussions of the recent pandemic come to light, more people are losing their jobs by the day, and small businesses are taking the biggest beating seen in recent history.
Debt is a reality for many people around the world which occurs for different reasons. An uninsured person could have been injured leading to extreme medical expenses. Others might have been irresponsible during their youth or have lost a long-term job without a financial safety net. Financial stress can tear couples apart and can feel like a huge weight on your shoulders every hour of the day.
Financial troubles are common, even when there is no global coronavirus emergency to contend with. There are plenty of things that can and can’t be controlled during financial troubles. While that is the most obvious statement in the history of writing about such things, some of your options in each of these areas may not … Read more