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Posts Tagged 'Financial Empowerment'

We are pleased to present below all posts tagged with 'Financial Empowerment'. If you still can't find what you are looking for, try using the search box.

Protect Yourself from Fake Deals and Phishing Scams this season

Scammers defrauded thousands of holiday shoppers through online scams, non-delivery schemes, and fake listings, resulting in substantial financial losses. The FBI reported almost 12,000 victims resulting in losses of over $73 million last holiday season due to scams, with thousands of victims falling prey to phishing emails, fake online stores, and fraudulent social media ads designed to deceive consumers into disclosing personal and financial information.

The Power of Local Small Business Spending on Community Growth

Shopping locally is not just about finding unique gifts; it’s about strengthening the entire community. Studies from REV indicate that 67 cents of every dollar spent at a local business remains in the local economy, compared to only 43 cents for non-local businesses. This local “multiplier effect” is significant because local businesses often source products from other small businesses, creating a positive economic ripple throughout the community. As stated by Forbes, Small businesses account for 99.9% of all businesses in the U.S. and employ nearly half of the American workforce. In other words, by shopping locally, consumers help maintain and create jobs that sustain their communities year-round.

2.9 Billion Records Compromised in Major Data Breach

2.9 billion records, including Social Security numbers were potentially compromised according to USA Today. This breach highlights the increasing vulnerability of personal information in today's interconnected world, raising critical questions about how to better protect such sensitive data.

Empowering Women Entrepreneurs: Taking on Challenges and Shaping the Future

In the last two decades, the number of women entrepreneurs has increased by an impressive 114%. Recent data from 2020 indicates that 47% of women started a business, compared to 44% of men. As of 2023, there are now over 9.4 million women-owned and women CEOs businesses in the United States. This growth is a positive reflection of the increasing visibility of women CEOs and entrepreneurs in various regions.

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