Good afternoon. It's Friday, April. 12 and we're covering useless expenses you need to slash from your budget, creative ideas to grow your small business, how to successfully negotiate real estate commissions, and much more. | First time reading? Sign up here. | Stock Market Update | | | | | Market Performance: April 11, 2024. | US stocks dropped on Friday as investors digested the first batch of first-quarter earnings with the major banks reporting results.
JPMorgan, Wells Fargo, and Citigroup all reported first-quarter earnings that beat analyst estimates, though the beats weren't too impressive as shares of JPMorgan and Wells Fargo declined while Citigroup stock jumped about half of a percent.
JPMorgan CEO Jamie Dimon warned that while the stock market is in a happy place and most economic indicators look favorable, there are still sizable risks that could arise at any time. |
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| | Financial Maverick Insights | | | | | Useless Expenses You Need To Slash From Your Budget Now | Coming up with ways to save some extra money each month can seem impossible — but you might be surprised by just how many unnecessary items are hiding out in your everyday expenses.
Banking Fees
If your checking account charges a fee and you can't get out of it, it's time to look elsewhere. As little as $15 a month can add up over the course of a year. There are free options available, so why pay fees when you don't have to?
Full-Price Items
Buying things at full price may be a habit, but there are always discounts, sales and coupons to look for. Comparison shop for the things you want — see if it might be on sale somewhere else. Clip coupons and download coupon apps, such as Ibotta, Rakuten and Honey.
Cellular Data
Every cellphone plan is different, but many of them have some limits on how much cellular data you can use before you are charged extra. To save your data, log on to Wi-Fi networks whenever possible. Also, turn data and roaming off when you're not using your phone, as some apps will use your data without notifying you.
Dining Out
It's just common sense that if you stop eating out at restaurants and start eating in at home, you're going to save money. In fact, the Bureau of Labor Statistics estimates the average family spends $3,600 a year on dining out. And how you shop for food can save you even more money: Be choosy and look for sales, deals and bulk items. |
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| | | | | | Creative Ideas To Grow Your Small Business | Starting and growing a small business can be a challenging endeavor, but with the right strategies, it can also be incredibly rewarding. In this article, we'll explore 10 creative ideas to help your small business flourish. We'll cover tips for entrepreneurs, women, veterans, and other small business owners to provide a comprehensive guide to success.
These strategies include leveraging social media, creating a business plan, obtaining financing, networking, and more. By utilizing these tips, your small business can achieve success and be on the road to success.
Leverage Digital Marketing:
Establish a strong online presence through a professional website. Utilize social media platforms to engage with your target audience. Invest in email marketing to nurture leads and build customer relationships. Plus, digital marketing is a great way to reach a large audience quickly and economically.
Access Small Business Loans:
Explore government-backed loans like the SBA (Small Business Administration) loans. Consider microloans from nonprofit lenders for smaller financial needs. Online lending platforms offer quick access to funds, but research rates and terms carefully. Both SBA loans and online lending platforms provide small businesses with quick access to funds, but it is important to carefully research the rates and terms offered by each option before making a decision.
Networking and Collaboration:
Attend local business events and networking groups. Collaborate with complementary businesses to cross-promote products or services. Join industry-specific associations and online forums to connect with peers.
Embrace E-commerce:
Develop an online store to reach a wider customer base. Offer seamless online payment options for customer convenience. Implement effective shipping and return policies to build trust.
Diversify Product or Service Offerings:
Identify new products or services that align with your brand and customer needs. Conduct market research to uncover untapped opportunities. Consider bundling or subscription models to increase sales. Also, you can train your sales and customer service teams to effectively communicate upsell and cross-sell opportunities, making sure it's done in a helpful and non-pushy manner. |
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| Real Estate News |  | How to successfully negotiate real estate commissions | In a real estate transaction, there's always some level of negotiation. If you're the seller, you face haggling not only with prospective buyers, but also with the person you're working |
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|  | Housing Market 2024: How To Sell Your Home Without a Real Estate Agent (and Save Money) | When selling your home, you can choose to work with a real estate agent or sell it yourself. For sale by owner, or FSBO, isn't very common, but it can save you money on the listing agent commission... |
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|  | What Real Estate Agents Wish Buyers Already Knew | Heading into the spring buying season, practitioners want home buyers to be more realistic and organized. |
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| | Personal Finance Tips |  | The Best Personal Finance Software for 2024 | Need a replacement for Mint? Make sense of your budget, get a grasp on your household spending, or check your credit score with the top apps we've tested for managing your personal finances. |
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|  | How To Get A Personal Loan With Bad Credit | Bankrate | If you're in the market for a personal loan and have a low credit score, here are three things to keep in mind. |
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|  | How Much Time Does the Average American Spend on Personal Finance? | The Motley Fool | Americans spend more time each day doing laundry than working on their personal finances. Find out how a few more minutes a day could increase your financial security. |
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| | Alternative Investing |  | Why Bitcoin's Latest Rally Could Just Be The Beginning | The Bitcoin supply-demand imbalance may drive an explosive bull cycle, demonstrated by all time high Bitcoin prices ahead of the halving. Historically, Bitcoin reached new all time highs after the halving. |
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|  | AI For Venture Capitalists: Trends To Watch And Key Considerations | While the AI sector is evolving rapidly, there are several trends I see as critical for venture capital professionals to understand. |
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|  | 8 Creative Ways to Make Big Money in Tech | Have you been thinking about ways to make money in tech? Maybe you'd love to start a business but don't know what to launch. Or, you'd rather stay behind the scenes and generate income without getting your hands dirty or being seen. |
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