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ValueWalk
ValueWalk
ValueWalk
Businesses had to pivot or shut down during the pandemic. With no sales, demand, and a host of restrictions, small businesses that could transition to a digital platform and still operate took that route while many others ceased to exist. According to the U.S. Bureau of Labor Statistics (BLS), 20% of small businesses fail within the first year. This rate jumps up to 50% in five years. After ten years, two-thirds of all companies have gone under. "Not good odds. Not great odds at all," said former Wall Street investment banker and financial expert Codie Sanchez. She ran through the numbers on t...
IBTimes
ValueWalk
Your decades-long run of morning rush hours, demanding work days, and the pressure to perform is finally over. During those mad-dash days and often headache-inducing projects, it can be hard to imagine retirement, much less dream about it. But before you know it, retirement will come, and once it’s here, you might be surprised by what it’s like; especially in the first six months. You might have thought you’d be jet-setting the globe or donating your blazer collection immediately. Others might find that removing themselves from their life’s work is more challenging than they’d expected. Today’...
Due
Susan, a stay-at-home mom, and Jeff, a surgeon, have worked hard for decades and are now worth over a million dollars. They have been married for 19 years and have two kids. As responsible parents, they signed up for long-term insurance policies, ensured their children had what they needed, and even partnered with a financial advisor when things got complex. Now, they are $914,000 deep in debt despite an annual income of $665,000. In a podcast with millionaire author and the host of Netflix's "How To Get Rich," Ramit Sethi, the couple realized that 70% of their annual income was fixed costs an...
IBTimes
ValueWalk
ValueWalk
Instant Offices' study provides valuable insight into the salaries that people in different age groups can expect to earn in the UK. The study's findings reveal the average salaries for different age ranges and industries, the impact of gender on salaries, and factors that can affect someone's salary. Here's everything you need to know: Age-based SalariesThe study found that people aged 18-21 years earned the lowest average salary of £22,932. However, the most significant increase in average salary was observed among younger people, with those aged 22 or younger, or those who are 29 or younger...
IBTimes
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