Review the guidelines here for what to include in the email cover letter message you plan to send to the hiring manager. You’ll also find a sample message you can use as inspiration for your own letters and emails. What To Include in an Email to a Hiring Manager Subject: The subject line of your message should include your name and the job title. For example, “Michael Jameson - Marketing Director Position....
Keep reading to learn more about what SBA 7(a) loans are, the different types that are available to small businesses, and how to get one. What Is an SBA 7(a) Loan? The 7(a) loan program is the SBA’s primary method of assisting small businesses in the U.S. When you apply for an SBA 7(a) loan, you work with a lender and the SBA participates by guaranteeing a portion of the loan amount....
The housing market continued the downturn it’s been in since the beginning of the year, as higher interest rates made things tougher for both buyers and sellers, the National Association of Realtors said Wednesday. A chart below shows that the 0.4% decrease in the seasonally-adjusted rate of sales is the continuation of a months-long slide. The slowdown was also seen in housing prices, which were only up 7.7% over the last year, a distinct deceleration from July, when prices were up 9....
Research from the New York Federal Reserve shows that many young adults between ages 18 and 39 are experiencing high levels of delinquency on credit cards and loans, which could cause them to lean on their parents for help. In a study by Merrill, 79% of parents with adult children said they provide some financial support for their living expenses both large and small, from weddings to phone bills....
Condos can provide many advantages for homeowners with particular needs, but they also have a few drawbacks to consider in comparison to a single-family home or townhome. Let’s take a closer look at what a condo is, along with the pros and cons of buying one. What Is a Condo? A condo, or condominium, is a single-unit home attached to at least one other unit, and is part of a larger residential community....
The person who screens your resume cares about the value you can offer the company, and that means being a good fit for the job requirements the company lists in its help-wanted ad. Here are some tips to help you decide what to include on your resume (or not). Skills To Leave Off Resume Hiring managers want to know why you’re a strong candidate for the job, not everything you’ve been qualified to do your entire working life....
What Are Spending Strategies? A spending strategy is a rule you can use to determine how much you can withdraw from your accounts after you retire so you won’t run out of money. There are two main types of strategy that involve taking out either a fixed amount or a fixed percentage from your account each month. An ideal strategy might be a hybrid of the two. Example #1: Fixed AmountYou may take out a specific (fixed) amount every month until your money runs out....
One of the reasons that keeping a budget can be challenging is because it is hard to hold yourself accountable. With another person by your side, budgeting can actually be a fun—and achievable—activity to take part in. Whether it’s a friend, roommate, or romantic partner, consider planning a money date night to better acquaint yourselves with your finances. With these creative ideas and activities, you and the partner of your choice can learn to make key financial decisions together, and also get one step closer to reaching your financial goals, as well as each other....
The court system doesn’t keep track of the statute on your debt. Instead, it’s your responsibility to prove the debt has passed its statute of limitations. Time-Barred Debts The statute of limitations usually starts when you miss a payment. Debts that have passed the statute of limitations are known as time-barred debts. However, just because the debts have aged past the statute of limitations doesn’t mean that you no longer owe money or that your credit rating cannot be impacted....
What’s the Difference? What should you communicate on a resume versus a cover letter? Before you begin, review the key differences between the two and information on what each should focus on. Getting Started Below, you’ll find step-by-step information on how to create your resume, along with formatting tips and insight into which words to use, and which words to avoid. The guide also features techniques for writing cover letters that showcase your accomplishments and form a clear connection between your experience and the position you are applying for....
The commodity then goes to the manufacturer. That’s when it becomes a finished product. There can be several steps in this process and they can involve locations in several different countries. The finished product goes to one of three places: a wholesaler, a retailer, or directly to the consumer. How It Affects the Economy Manufacturing managers decide where to locate the company based on the costs of production. That’s led to a lot of jobs outsourcing in technology to India and China....
U.S. households have seen their costs for groceries, gas, housing and other items soar this year, and this summer overall prices jumped more than they have since 2008, reaching a year-over-year inflation rate as high as 5.4%. Not only did consumer demand return, but fallout from the pandemic strained supply chains and created labor shortages, pushing businesses’ own costs higher. Indeed, the biggest factor cited by the businesses surveyed was “favorable market conditions,” followed by higher costs for materials and then for workers....
Is the House Worth Tearing Down? Before hiring a bulldozer to slam into your house and smash it to smithereens, consider hiring a consultant who can advise you about whether it actually makes financial sense to tear down the house. A house that may look like a total ruin to you may actually be salvageable. Fixing crumbling walls, sagging roofs, or sloping foundations may not be as not as expensive as you’re imagining....
The largest increases were in hospitality and food services, with a gain of 215,000 positions, followed by the health care and social assistance industry, which added 115,000 new roles. Employers are still looking for workers and the job market remains relatively tight, and that reinforces the likelihood the Federal Reserve will keep aggressively hiking interest rates to curb inflation. It’s largely expected that the Fed will hand us an interest rate hike of 75 basis points this week, but what comes after?...
The Biden Administration is trying to crack down on fraud in the crypto space, since the reported losses from digital asset scams were 650% higher in 2021 than the year before, according to FBI data. And remember when we all had to wait for our stimulus checks in the mail? Well, FedNow is the new 24/7 instant payment system launching next year that could change that by giving us immediate access to things like “government-to-consumer” payments....
The reason for this is that people who put money into the market look to the future in choosing what to invest in. At any point, market prices reflect, or “discount,” to those who invest in what’s to come. The bond market is mostly driven by future economic growth. Its impact on the interest rate outlook is seen as being a way to see how the economy could perform in the coming year....
vgajic / Getty Images What is a Revocable Living Trust? More specifically, a revocable living trust is a legal document that is created by an individual, called the Grantor, Settlor, Trustor or Trustmaker, to hold and own the Trustmaker’s assets, which are in turn invested and spent for the benefit of the Trustmaker as the beneficiary by a fiduciary called a Trustee. In most cases, the Trustmaker of the trust will also be the Trustee, although some wealthy individuals may choose to have an institution manage their trust property....
Sometimes, the term “underemployment” is used when talking about people who are working in a lower capacity than one in which they are qualified. However, most often, underemployment is connected to jobs that are lower-paid or for a limited number of hours. The term is also a measure of labor utilization. When underemployment is high, the workforce isn’t being utilized to its full potential. What Is Underemployment? Underemployment is different from unemployment in that the person is working, just not as much as they’d like or to the full extent of their abilities, skills, or education....
Bank runs gained notoriety around the time of the Great Depression when some consumers lost their life’s savings. Shortly after that, the government formed the Federal Deposit Insurance Corporation (FDIC), an independent agency that protects consumer bank deposits in the event of similar financial catastrophes that lead to bank failures. While that means that the risk consumers take with their deposits is now dramatically less than it used to be, understanding bank runs can help you avoid making panic withdrawals that can hurt banks and the larger economy....
The Purpose of a Vision Statement Even though a vision statement has to be general, it should indicate more excitement about the entrepreneur’s dream of where the company’s goals will take it several years in the future. The vision statement should define, in general, a company’s planned future based on its core ideals. Strategizing A vision statement should be a long-term roadmap for the planning and accomplishment of a company’s overall strategies....
