Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - July 26, 2020

July 26, 2020
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News. Insights. Analysis. Inspiration.

Today's Key Question:

How many ways do you know to protect your assets? See the article below from Menafn for seven good ones.

And by the way: life insurance is a good one as well.

 

"Direct-to-Consumer Brands Team Up to Give Back"

From Inc.:

* Open-source initiatives can make for strange bedfellows. Consider this array of direct-to-consumer (DTC) businesses that joined forces to collaborate on Covid-19relief: a bra-maker, an online picture framer, and a company that makes shoes from plastic bottles, among others. In the early days of the pandemic, they all got together to help one another do their part. What they also got was a lesson in collaboration.

  

"Entrepreneurship Is the Key to Equality"

From Townhall:

* The real story of business in American is about small, family-owned businesses and the entrepreneurs who have started them. According to the most recent U.S. census reports, out of over 34 million firms in the United States, fully 77 percent -- about 26 million -- don't employ anyone other than the owners. Of the remaining 8 million firms, the majority (65%) employ fewer than 20 people. Ninety percent of all businesses are family businesses. These small businesses matter for so many reasons: Operating them teaches financial skills, management skills and service skills, and they create wealth, not just income -- something that has been a hot-button issue with African Americans for decades and is behind many of the calls for reparations.

 

"The Pandemic Is a Lucrative Revenue Opportunity for Incompetent Politicians"

From Reason:

* If the last few months under contradictory, incompetent, selectively enforced, and sometimes deadly pandemic policy have demonstrated anything, it's that government officials are just floundering in the dark as they inflict policy decisions on the public. But whatever they do decide, we'd all damned well better obey, or else we'll have to cough up hefty fines for noncompliance.

Maybe that's because, when nothing else is clear, milking the public occupies the center of any given politician's happy place. Government officials really don't know how to properly use the power they have. More importantly, they don't know when to not use that vast and dangerous power—but, by God, they know how to fill the coffers by punishing the public for not submitting to the whim of the moment. That's how a pandemic brings a new plague of fines that raise revenue for a government that doesn't have the slightest idea of how to productively use the haul.

  

"7 Ways To Protect Your Assets And Properties"

From Menafn:

* It takes years to build your assets, but only a few weeks or months to lose them. Life is unpredictable and one must accept that reality. Losing your hard-earned money can be a nightmare and it may ruin your financial health and relationships.

 

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here