In order to start your own business, you need more than just passion...you need money! This Changes Things hosts Baker Machado and Hope King talk through a few different ways you can raise money to fund your dream business.
For starters, you can go to the bank and ask for a loan or credit card line of credit. You can also request a small business grant from the government. In addition, you could negotiate an advance on services from a client you know is already interested in your work.
However, if you want to do it a little more grassroots style many small businesses have had success on crowdfunding websites. Sign up for Kickstarter or GoFundMe to offer an incentive or product for donations.
Where you live can dictate how much you pay for housing. Danielle Hale, chief economist with Realtor.com, joined Cheddar News to discuss where the hottest markets for real estate are and how you can find a home in a current difficult market.
Financial stress can take a mental toll on people. Dr. Regine Muradian, clinical psychologist and member of the National Debt Relief Financial Wellness Board, joined Cheddar News to discuss strategies to ease those worries over money.
