I recently stumbled across this opinion post on Forbes and decided to make a video on it. Coming from PayPal’s Vice President of Global Merchant Lending, Bernardo Martinez, I could easily justify why he would be a creditable source on said topic. As he suggests, the pandemic forced many of us, small business owners, to rely on a loan or grant to help us stay afloat. But by doing so, it also introduced many of us to the concept of using other people’s money to grow our businesses. So I agree that small businesses will take out more loans in 2022. Do you? Watch the video before responding!

Similar Posts

Buy Now Pay Later Credit News 2022: Here’s What You Need to Know
With buy now pay later, you can buy the item of your choice without making an upfront payment. It’s an excellent option for those who don’t have the cash on hand or want more control over their finances. However, some risks and rewards come with this type of financing. This blog post will explore what…

2024 Earned Income Tax Credit (EITC) Explained and Helpful Tips
Understanding the Earned Income Tax Credit and Other Ways to Keep More of Your Money The Earned Income Tax Credit is good stuff. After all, taxes are a necessary evil we must deal with. Every year, we scramble to gather our receipts and financial statements to make sure we get the best possible refund or…

TaskRabbit Mover Makes $10,000 a Month – Here’s His Inspirational Story
TaskRabbit is a gig app that has been around for a few years now. It’s one of the most popular gig apps available, and for a good reason – it allows Taskers to make pretty good money! Recently, Business Insider spoke with Jefferey Delerme, a New York Tasker who makes an average of $10,000 a…

4 Money Management Tips to Help You Ball Out
“Hey, money money money money money money money,” you hear it all the time in rap videos. But, managing your money is cool, not wasting it on designer clothes, foreign luxury cars, and popping bottles at the club – actually, financial planning is cooler than that. Alright, I won’t front – a nice sport or…

Open Multiple Bank Accounts/ How Many Bank Accounts Should I Have?
Having multiple bank accounts is generally recommended for anyone making money. But you might be asking, how many bank accounts should I have? In this video, I share one money management strategy where you should have at least 4 bank accounts consisting of two checking accounts and two savings accounts. Financial Expert, Tiffany Aliche, said…

I Was Fired From My Job…
I Was Fired From My Job 3 Years Ago This Thanksgiving The last time I had a regular 9-5 job was exactly 3 years ago this week. And over the past 2 years, there were over 9 million Americans who lost their jobs due to the pandemic. Although the reason for being unemployed is different,…