October is recognized by many as Financial Planning Month and an excellent opportunity to review the six critical areas of creating a financial strategy: Cash Management, Investment Approaches, Retirement Preparation, Protection Strategies, Tax Management, and Estate Strategies.
Realizing that it can be a challenge to feel confident in all six key areas, we are dedicating the next 6 weeks to educating our readers on each, starting with Cash Management.
Cash management is a broad topic that can address many issues. One area is creating an emergency fund, which is money that's set aside for unplanned expenses. Cash management also can include looking at your "sources and uses" of money.
Have you ever found your business was short on cash and you were struggling to meet the financial obligations? With a cash management system in place, you can reduce stress knowing that you have cash to meet your financial commitments
Young professionals return to Cleveland amid pandemic, encouraged to stay by Engage! Cleveland (and their parents)
Young professionals flee high rents, government shutdowns and congested living quarters in big cities impacted by the ongoing health pandemic.