How Much Business Debt Is Too Much?

Business Finances

Q: My business can use an infusion of cash, so I’m considering a business loan. I already have some outstanding debts, though. How do I strike an appropriate balance when borrowing for my business? A: Borrowing money is often a necessary part of running a business. It’s important to proceed with caution and understand business borrowing before taking on new …

What Do I Need to Know About Medicare?

Directions Financial Solutions

Q: My 65th birthday is approaching and I’m ready to apply for Medicare. What do I need to know before signing up? A: Medicare offers affordable health care coverage to older Americans.  However, the application process and the various options can be confusing. If you’re getting close to 65 or meet certain other requirements, it’s time to learn about the …

Beware of Debt-Collection Scams

Security and Scams

No matter what’s going in with the economy, debt-collection scams are always around.  Now, scammers are exploiting the financial downturn by tricking unsuspecting victims into paying for debts that don’t actually exist or using abusive tactics to collect legitimate debts. Don’t be the next victim of a debt-collection scam. Here’s all you need to know about these scams: How the …