Published Articles
Should You Be Friends With Your Investors?
It's an adage for some: never mix business with friendship. But savvy entrepreneurs have discovered that there's no one better to get into business with than friends. The same internal barometer you use to assess the quality of your friendshi...
The Increasing Savvy of the American Consumer
Credit card debt is on the rise, but that doesn't mean it is time to panic about the state of American credit. Though the economy is pressuring the bottom lines of American families, consumers have demonstrated increased financial literacy, accor...
Stablecoin Payment Systems Could Save Families $40 Billion Annually
The use of cryptocurrency-based stablecoins by foreign guest workers to send cash back to their home countries could save the world's working poor families a stunning $40 billion annually in aggregate.
That's the most eye-popping...
Loosening the Reins in Philanthropy Could Mean Better Outcomes
But- we had a plan."
In the world of corporate giving, even the most experienced can find themselves stuck uttering these famous last words when a philanthropy initiative fizzles unexpectedly.
What's the biggest reaso...
Après Bubble, Cryptocurrencies Start To Earn Their Keep With Real-World Use Cases
Outside observers would be forgiven for thinking cryptocurrencies were tulip-bulb level speculative foolishness, replete with prominent fraudsters and a massive multi-year hype cycle. But the real-world use cases now emerging for stablecoins -...
Cash Balance Plans: Big Deductions and Big Retirement Savings
High-current-income business owners can't afford to sit still with the IRS loading up its audit and IT staff to drive federal tax revenue. Cash benefits plans can help lower tax burdens and build a more affluent retirement and are worth investi...
Philanthropy Needs Innovation to Help With Social Problems
t's a question that plagues philanthropists: Why, in such a wealthy nation, have we yet to conquer our most persistent social problems?
Homelessness is an excellent example. Although the U.S. spends billions of dollars every year t...
Never Forget That Not All Commercial Real Estate Is Office
A current read of the nation's business press brings a sense that the entire commercial real estate space has entered a doom loop from which there is no escape. But that would be a misguided - and potentially costly - assessment for i...
Compassionate Business Policies Pay Off
Environmental, social, and governance policies have come under heavy fire recently, with some large investors distancing themselves from the concept. But in practice, ESG principles can give companies, especially smaller ones, an edge over compet...
Handling Credit Card Debt In An Age of Overspending
Overspending on credit cards is weighing on the American consumer as the cost of living continues to rise, making it a good time to consider personal strategies to keep those balances under control.
The Federal Reserve Bank of New Yor...
Self Storage Is Riding High: Is This the Beginning, or the End?
The self-storage industry is booming, but is it sustainable? Our industry - I run a self-storage company - has been showing up in the financial press's headlines lately as investors and operators grow with Americans' desires to store their poss...
A Balance Transfer Can Be A Useful Tool For Getting Out Of Debt
A promotional rate on a credit card is appealing to anyone. But if you're trying to pay off debt, benefiting from no interest for 12 to 18 months can give you time to get your financial house in order.
Credit card debt is at an all-...
Has the Banking Crisis Helped Banks In Their Battle With Fintech?
One unexpected outcome of the recent set of U.S. bank runs is that it may help the banking industry in its fierce battle with upstart fintech competitors.
On the surface, the brick-and-mortar banking business has seldom looked more vu...
Five Ways Companies Can Boost Charitable Giving by Employees
In a post-pandemic world of uncertainty, we can be sure of one thing: There is no shortage of people in need - and the numbers keep rising.
But nonprofits across the nation are facing serious funding shortfalls that threaten their a...
How philanthropy can address the worsening affordable housing crisis
Housing affordability in the United States continues to worsen as ever-higher prices put the dream of home ownership out of reach for many families. And no one knows just how bad it will get. About half of Americans say that the availability of a...
Retirees' 4 biggest credit card misconceptions
How can something so common be so misunderstood?
Credit cards are everywhere. Today, 76% of U.S. consumers own at least one-and 31% have four or more. Despite this, credit cards are still misunderstood by many retirees, even though...
Small Businesses Are Facing Higher Costs and Interest Rates. Here Are 6 Steps to Stave Off a Crisis.
The Main Street economy is facing some stiff headwinds.
The Federal Reserve is expected to keep boosting interest rates this year. That could push the rate on Small Business Administration loans to 10%, the highest in 15 years. Add in...
What You Need to Know About Building a Small Business Advisory Board (and Why You Need One)
Small business owners these days have a lot on their minds - and too much on their plates. Sky-high borrowing costs, corrosive inflation, a slowing economy and tighter credit conditions are keeping them on edge.
Along with your entr...