How can I build my skills while I am unemployed?

There are lots of emerging job opportunities that require specific skills. Building those job skills is necessary to fill numerous types of good-paying jobs, especially jobs in the tech industry. But you also need a specific skillset to be an educator, healthcare worker, financial services professional, plumber, or electrician. So, to answer your question, first…

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What should I do to budget if I’m on unemployment?

I’m sorry to hear you are unemployed. I know for many people it has been very difficult to access unemployment benefits since the CARES Act was enacted in March 2020. On top of that, the extra $600 per month payout ended July 31, 2020. So, congratulations on breaking through the red tape. You finally have…

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Resources for Small Business Owners Impacted by COVID-19

Many small businesses are experiencing economic hardship because of COVID-19. In light of social distancing recommendations and other stay-at-home rules, there has been a dramatic decrease in economic activity. There are two main programs in the CARES Act that support small businesses. These programs are the Paycheck Protection Program or PPP 7(a) Loan Program and…

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Is 58 too late to try to buy a home?

Submitted by Darlene D. For many people, homeownership is an essential part of achieving the American Dream. I applaud you for pursuing your home ownership goals. In my professional opinion, it’s never too late to buy a home as long as you can afford the mortgage. With modern health advances, people live much longer. So…

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Can I trade in my new truck for a cheaper car?

I have a truck that I just bought for $35,000. It’s now worth about $31,000. Can I trade my truck in for a $20,000 car? What happens with my negative equity on the truck and my sedan that I just paid for with the trade–in value? Submitted by Jae E. It’s common to buy a…

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