Connect with us

Business and Finance

5 Tips to Make Your Money Work for You

Published

on

NAUPA, unclaimed, property, money, cash, prosperity, wealth, millionaire


Day in and day trip, we as consumers are continuously throwing our hard-earned money down the drain. Spending money is a component of the American lifestyle, so why not get essentially the most for your money? Put down your bank card and begin making smart decisions when it comes to making your money work for you!

How to start:

Create an internet store

Yes, I do know. Many of us find online stores to be gimmicky, cluttered with the standard clothes, and downright suspicious. However, direct shipping is a very recent game that eliminates the necessity for physical labor in running a business on your personal.

Invest somewhat in organising an internet site, get some quick samples to photograph (lots of them have already got stock photos), upload them, after which have a 3rd party ship them to you each time someone places an order. You literally don’t lift a finger.

Try peer-to-peer lending

Honestly, I attempted it and it worked at first. The trick to peer-to-peer lending is to NEVER lend greater than $100. That’s because lending has its risks, in fact. If you lend greater than that and it seems the person cannot pay you back, you’ve got lost every cent.

While these apps may send them to collections to show you how to get your a refund, it’s all the time secure to say that only lend what you may feel comfortable never getting back. However, should you resolve to go this route, you may earn up to $50 in profit on each loan you give out.

Invest in Fast App Stocks

These apps include Acorns, Stash, etc. They take a dollar amount of what you spend — after which invest it in stocks of your alternative. It’s a seamless and mindless process, a lot so that you simply’ll end up investing over $500 in a month!

Use coupons and discount apps – each time you shop

If you frequent stores like Target, Walmart, and even popular retail stores, there may be a legitimate way to pay less for all the things. Apps like Ebates, Rakuten, and others can filter your on a regular basis purchases and offer you a refund immediately.

You can save much more by utilizing coupons on all of your purchases. Ordering pizza? There’s a coupon. Buying face wash from Walgreens or CVS? There are tons of coupons for that! Just Google it and thank me later!

Keep most of your money in interest-bearing savings accounts

If you wish your money to earn more over time, consider opening a savings account and/or a checking account with interest.

There is a big difference between an account that earns interest and an ordinary Chase Bank account. Online banks like Ally, Wealthfront, or Betterment are slowly but surely taking the crown when it comes to high APYs, or annual percentage yields.


This article was originally published on : www.blackenterprise.com
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business and Finance

Mary’s Pizza Shack Files for Bankruptcy Protection

Published

on

By


A California pizza chain has filed for bankruptcy protection, nevertheless it’s not closing its doors. Mary’s Pizza Shack has been operating for 65 years, but notified its customers that the corporate had filed for bankruptcy.

The company assures customers that each one restaurants will remain open and won’t close within the near future.


This article was originally published on : www.blackenterprise.com
Continue Reading

Business and Finance

Boston’s Liquor License Law Will Benefit Black-Owned Restaurants

Published

on

By


The City of Boston is on a mission to pass laws that Change the landscape of Black-owned restaurants in Black and Brown communities with a brand new liquor licensing law.

The bill, first introduced in April 2023, officially passed each chambers of the state House in late July. But since the bill has two different versions, its fate remains to be uncertain. Royal Smith, a member of the Boston Black Hospitality Coalition who’s pushing for the bill to turn into law, also operates District 7 Tavern in town’s Roxbury neighborhood. The Baystate Banner reports that he’s optimistic that lawmakers will do the proper thing by officially allowing restaurants to obtain a license to sell alcohol.

“I’m excited to see what form this takes,” he said. “It’s really, really going to grow the city. It’s going to provide neighborhoods that people want to walk to.”

Still, Smith is waiting for official approval from Gov. Maura Healey. If the Massachusetts governor signs the liquor license bill, “five restaurateurs in each of 13 predominantly Black and Brown ZIP codes each year for three years” in town could be eligible to get latest liquor licenses for his or her businesses. If the bill passes, about 200 latest liquor licenses could be available for establishments in those parts of town.

The following ZIP codes are affected: Charlestown, Dorchester, East Boston, Hyde Park, Jamaica Plain, Mattapan, Roslindale, Roxbury, South End and West Roxbury.

“No matter where you live in the city, you should be able to go downstairs or up the block and have a good meal and a drink if you want to,” said state Sen. Liz Miranda, the bill’s sponsor within the Senate. She also represents Suffolk’s 2nd District, which incorporates parts of nine ZIP codes that will be affected by the laws.

“It’s about dreams becoming reality and about economic equality, racial equality, geographic equality,” she continued. “I think sometimes people get stuck on the word alcohol, and if you don’t like alcohol, you think that’s going to cause a lot of problems in our community, but it doesn’t.”

The neighborhoods in query have seen a decline in access to sit-down restaurants. Business owners are finding it difficult to remain in business without the advantage of alcohol sales.

They are unable to take care of transferable alcohol licenses, which cost roughly $600,000 on the secondary market.

For Smith, crucial thing is bringing more opportunities to Black and Brown neighborhoods across Boston, which is home to 2.1 times more white residents than every other race or ethnicity, in accordance with the 2022 Census report.

“There will be more options in Boston beyond Irish bars,” Smith said. “We want to make sure that for everyone who is affected by this bill, we’re not just opening up and then closing down. We want sustainability.”

He added: “If we do this right, it will ultimately change the Boston skyline.”


This article was originally published on : www.blackenterprise.com
Continue Reading

Business and Finance

Bevel Announces $25K Business Grant to Double Dutch Aerobics Classes

Published

on

By


Bevel, a Black-owned Atlanta-based personal care brand, has announced that he has presented Double Dutch Aerobics with $25,000 Business Grant.

Bevel was the official skincare partner of the 4th annual Invest Fest, held August 23-25 ​​in Atlanta on the Georgia World Conference Center. The company’s CEO, Damon Frost, announced grant in a recent episode of the Market Monday podcast. Double Dutch Aerobicsalso based in Atlanta, was amongst greater than 300 vendors to take part in the annual festival and was chosen to receive a grant from Bevel.

The company was founded by Michelle Clark, Double Dutch World Champion, and Sean Clark, a Master Double Dutch aerobics instructor.

“At Bevel, we are committed to serving our customers with product solutions that meet their unique care needs, as well as charitable initiatives that we believe make a real difference in the community,” said Breann Davis, Bevel’s marketing leader, in a written statement. “We are grateful to Rashad, Troy and the entire Invest team for giving us the opportunity to partner with incredible companies like Double Dutch Aerobics and support the next generation of entrepreneurs who share our commitment to giving back to the community.”

The Clarks, originally from Brooklyn, New York, are a husband and wife team that owns the world’s first Double Dutch aerobics studio. They offer classes for each adults and kids. Certified DDA instructors have traveled the country, taking Double Dutch Aerobics to over 30 cities. During his travels, have successfully taught over 100,000 children and adults how to jump Double Dutch method.

Bevel was founded in 2013 by Tristan Walker and the corporate has revolutionized the standards expected within the grooming industry. Their products are created with the needs of Black and Brown men in mind, with products spanning the spectrum of hair, beard, shaving, skin and body care.


This article was originally published on : www.blackenterprise.com
Continue Reading
Advertisement

OUR NEWSLETTER

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Trending