homebasedbusiness
According to data from the Federal Reserve, consumers ended 2021 with debt totaling a staggering $15.6 trillion. In the fourth quarter alone this was a year-over-year jump of $333 billion. In addition to the biggest quarterly gain since 2007, the largest annual gain was recorded going back to 2003. What was the largest debt-load increase? Well, it should come as no surprise that this comes from mortgages — which comprised 87% of consumer debt. By the end of 2021, balances skyrocketed by nearly $11 trillion, including $890 billion in the fourth quarter. Originations of mortgages reached a recor...
Due
Starting a home-based business seemed somewhat foreign for entrepreneurs in the years before the pandemic. As millions were forced into lockdown, entrepreneurs both young and old found that starting a business from their home can be more practical, and financially beneficial. Q4 2021 hedge fund letters, conferences and more According to statistics provided by the U.S. Census Bureau, small businesses account for 99.9% of all businesses currently operating in America. The share of these businesses makes up roughly 45% of economic activity, and as of September 2021, more than 1,396,792 new busine...
ValueWalk
The year 2020 left us numbed with a whole new share of problems. If there is one thing to learn from living through lockdowns and pandemics, it’s that a lot can change in a year. We came to know ourselves, to better understand what we’re truly capable of and why acquiring new skills even in our 30s is still a viable and normal way of coping with the “new normalcy.” The year 2021 taught us something different. Namely, that we’re capable of making challenging decisions no matter the outcome. Starting a home-based business account is one of those bold choices, and we’ve got all the reasons to do ...
ValueWalk
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