Amazon Prime – The retail world’s most unbreachable “moat” – Quartz
The genius, according to Deutsche Bank, is that while the average Prime customer generates $1,000 in profit (through product purchases) over the lifetime of their relationship with the e-commerce giant, new Prime customers cost virtually nothing to acquire: Amazon spends very little on advertising these days, because the value of the Prime program is enough […]
5 Things You Never Should Say to a Client | Entrepreneur.com
The world of business can be tricky to navigate. Sure, you have a great product, but now you must procure and retain clients. And that can be like navigating a minefield. Each customer brings a different personality and expectations to manage. Because so many companies are vying for business, the slightest misstep can sink an enterprise. Here some basics to […]
Mobility in America? Not An Issue If You Have A Skill – Wall St Journal
New technologies and globalization are driving deep-seated change—and no one knows for sure what it will mean for most Americans. But one thing is certain: The future will put a premium on technical skill. Educators and employers agree: High school is no longer enough. Americans have a host of postsecondary options other than a four-year […]
Many homeowners with loan mods face rate increases – LA Times
Beginning this year, those whose loan terms were modified so that the interest rate dropped to as low as 2% will have to deal with higher rates that could, in some cases, drive the monthly payment as much as $1,724 higher. Why? Because “permanent” interest rate reductions under the government’s Home Affordable Modification Program were […]
What’s the difference between an individual retirement account (IRA) and an annuity?
Individual Retirement Accounts (IRAs) and annuities both provide the opportunity to grow money on a tax-deferred basis, but there are differences between the two. An IRA can be thought of as an individual savings account with tax benefits. You open an IRA for yourself (that’s why it’s called an individual retirement account) and if you […]
How to help your adult kids flee the nest – Yahoo Finance
Coming together under one roof again can be an uncomfortable adjustment for parents who thought they were done raising their kids, but find themselves having to parent in a new way. With grown children, expert Rachel Cruze, author of “Smart Money Smart Kids,” recommends establishing clear guidelines and setting expectations in […]
2016 Before Spokane County Returns to Same Level Of Employment As 2008? Where’s ‘The Recovery’?
Post-recession job numbers in Spokane still aren’t back to even Spokane County trails state in its workforce recovery Katie Ross July 17th, 2014 As the Spokane area continues to recover after the great recession, one indicator of economic improvement is lagging behind here: job creation. Spokane County lost a total of about 13,500 jobs in […]
Wealth Isn’t About Money; It’s About Freedom to Do What You Want
The Importance of Being Solvent By JONATHAN CLEMENTS “Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness,” opines the character Wilkins Micawber in Charles Dickens’s David Copperfield. “Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” I used to think that quote was simply about […]