InmanFunding

Key takeaways Giving a child a debit card can teach them financial responsibility and budgeting skills at a young age. Most banks offer checking accounts and debit cards for teens as young as 13 years old. The decision to give a child a debit card should be based on their…

The now iconic image of an elated Elon Musk wielding a chainsaw may be unsettling – even to dyed-in-the-wool Republicans – but it does effectively capture the daunting challenges facing the Trump administration’s newly created Department of Government Efficiency (DOGE).  DOGE’s seemingly draconian steps to lay off federal workers in…

Monty Rakusen/Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A business equipment loan is designed specifically for buying equipment and is secured by the equipment itself Equipment loans can’t be used for any other business need Equipment leasing is another option, which could have lower upfront costs than a loan…

Taking out an unsecured business loan gives business owners financing without securing the loan with collateral. These loans can be especially appealing to business owners who don’t have assets. Since these loans don’t require collateral, the eligibility requirements for some types are often more strict than other business loans, and…