Financial Friday Round-Up: August 17 – August 21, 2020
Welcome to our latest Financial Friday Round-Up, where we scour the web for the best things for you to read, watch, or listen to regarding finance each week. Below you will find a piece on a recent surge in community-based lenders, advice on how to market yourself as the answer to your clients’ problems, and more.
This piece of advice from Forbes outlines four ways you can situate yourself as the answer to your clients’ problems, assuring they will come to you with every need relating to your industry. Learn how to be a “’purple cow’ amidst a sea of boring brands” and more in this helpful article.
In light of the increased attention that race can limit access to credit in certain communities, Wall Street and Washington have begun backing CDFIs, or community development financial institutions, to help alleviate the issue. These CDFIs are a small network of credit unions and banks that lend to small businesses and other borrowers in “impoverished and minority communities.” For a great introduction on how these institutions can help, check out this piece from this week’s Wall Street Journal.
Mortgage rates have been at record lows for a month now, and this piece from Money outlines why this happened and what implications this may have for anyone looking to purchase or refinance a home at this time.
Those looking for lighter and more joyful news should look no further than this report from Forbes about a trend in taking dogs out on tiny summer getaways. Read this article for cute looks into canine cabin retreats and what they call a “puppy pizza party” that are sure to brighten your day.
Check out our other Financial Friday Round-Up posts for more great reads!